Freedom 55 Financial Employee Reviews

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Great place to work.. for the right person
Financial Security Advisor (Current Employee) –  Toronto, ON12 February 2018
I worked at Freedom 55 for 5 years and here is the honest truth.
If you are going to be successful, you will need to know how to READ, WRITE, and SPEAK english fluently. The people who fail in this business are not 'business people or sales people'. They expect to be hired with little to no qualification, and to be given leads and sales. This is not the case. You will have to be a quick learner and good salesman. You'll have to know how to speak to people and explain what the company does and how they can help. There are NO office fees for new advisors anymore (there was at one point, but those days are gone). It is a great environment and YOU GET PAID THE VALUE OF WHAT YOU BRING TO THE TABLE. If you are a newcomer to the country with no natural market, you will not be successful. If you want to make $ in life, you'll have to WORK for it. If you are prepared to work, then this is the place for you. The pay is awesome, but you need to put in the work.
Pros
NO office fees anymore, Higher compensaion in 2018, Great atmosphere
Cons
lots of unqualified advisors who cant sell, training sessions sometimes long
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i was a financial advisor
Financial Security Advisor (Former Employee) –  Windsor, ON17 January 2018
everyday we work all the time at f55 we work hard we are willng to always work we will always work no matter what it is work so thats what we do is work.
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Great place to be, wonderful management team
Financial Advisor (Former Employee) –  Vancouver, BC4 October 2017
Its a great place to work, The management team is really helpful and genuine. The training was not up to the expectations but everything else was wonderful.
Pros
Good working environement
Cons
Training
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Good company to work with
Director, Advisor Recruiting (Sales Leadership) (Current Employee) –  Calgary, AB16 August 2017
Great products and training for anyone that is an entrepreneur and wants to build their own business. F55F has some of the best training in the Industry.
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Tough gig
Financial Advisor (Current Employee) –  Kelowna, BC9 August 2017
Hard to establish a good book of business unless you already have an established contact list. Definitely not for everybody. They sell the dream, but only 1 in 100 actually make it.
Pros
Good people and decent training.
Cons
No safety net. Be prepared to live at poverty level for at least 2 years.
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What a great team I worked with.
Marketing Associate (Former Employee) –  Calgary, AB31 July 2017
I really admire and respect the management team and they are wonderful people. I would work there in a heart beat as long as I didn't have to work in the downtown core.
Pros
Supportive, energetic team.
Cons
Expensive parking
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very supportive team
Financial Security Advisor (Current Employee) –  Kitchener, ON26 July 2017
very supportive team , support with continuous educational sessions every Friday for advisors under 4 years, have a team of experts available to support advisors with clients financial plan.
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Have a Market
Financial Security Advisor (Current Employee) –  St. Catharines, ON25 July 2017
It is a nice place to work, but you had better have a market. There is a higher emphasis on sales as opposed to servicing the clients you have. There are thresholds to meet.
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Good company but for life only
Financial Advisor (Former Employee) –  Toronto, ON25 July 2017
Freedom 55 Financial is good company for people who has lead already, but it's not for the people who just entering into the life business industry. The commission structure is about average in the market
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F55 Review
Administrative Assistant (Former Employee) –  Edmonton, AB17 July 2017
This is a good started job for young people. The people here are very friendly and they are good with people. They promote staff and other people relationship building. We did some events as the whole office with the advisors and staff.
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good
Financial Service Advisor (Former Employee) –  St. Catharines, ON11 July 2017
good working environment, people are very help full. The new direction the company is going is not that great. Wish there was more direction in how to obtain clients.
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great position, great people, just sometimes things happens
Financial Security Advisor (Current Employee) –  Windsor, ON4 July 2017
great management team and great people to work with. It just sometimes things can go so wrong after a long time for work. it is frustrating for people
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Loved to work with diversified people
Financial Sales advisor (Former Employee) –  Toronto, ON19 June 2017
Great company to work with. Learnt time management. Discipline and Customer care skills. Learnt how to balance personal and professional life. Team work.
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Tough business to succeed
Financial Security Advisor (Current Employee) –  Kingston, ON31 May 2017
Tough to make it, need to have a strong warm market or a family with a lot of money who need life insurance. Not a ton of help from management or company once you are hired.
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Disciplined work environment, encouraging personal development
CERTIFIED FINANCIAL PLANNER (Former Employee) –  Victoria, BC23 May 2017
Specialized in Group Benefits for small to mid-sized companies, along with employee financial planning and key man insurance offerings and succession planning strategies.
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ok
Director, Business Development (Current Employee) –  Sarnia, ON10 May 2017
Decent career. Great benefits and fair compensation. Outstanding training and support from immediate supervisors. Like all financial service company's they are changing as the industry changes.
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Fast-paced work environment
Marketing Associate (Former Employee) –  Edmonton, AB26 April 2017
This environment is a stressful one and can be quite demanding. When handling clients' earnings and investments, situations can present themselves that one must be very careful when handling.
Pros
Great benefits and incentives
Cons
Stress
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All about who you know
FINANCIAL SECURITY ADVISOR (Former Employee) –  Halifax, NS25 April 2017
Management is hit-or-miss. I was lucky enough to have a great director of business development for most of my time as a financial security adviser. EOM
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Good Place
Financial Security Advisor (Former Employee) –  Burlington, ON15 April 2017
Freedom 55 is a good place to learn about the realities of being a financial advisor. Co-workers and managers commit to helping all new advisor's learn the business and develop. An emphasis on cold calling would help future advisors.
Pros
Management, Co-Workers
Cons
To much focus on natural market
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Great place to work
Administrative Associate (Current Employee) –  Chatham-Kent, ON10 April 2017
Steady and reliable place to work. Competitive wages, and a great team like environment. The work hours are typically Monday to Friday 8:00 am to 5:00 pm. Very supportive staff.
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Overall rating

3.6
Based on 74 reviews
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Ratings by category

3.8Work/Life Balance
3.0Salary/Benefits
2.9Job Security/Advancement
3.5Management
3.6Culture