Freedom 55 Financial Employee Reviews

  • Job Work/Life Balance
  • Salary/Benefits
  • Job Security/Advancement
  • Management
  • Job Culture
Job Work/Life Balance
Salary/Benefits
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Great Place, learning opportunities, very interactive work environment
Financial Security Advisor (Former Employee), HaltonJuly 8, 2015
Pros: Free Lunches and Golf
Cons: Long hourse
Busy and productive work environment, Management is supportive and provide excellent training. Top 10 industry financial services firm and unlimited growth opportunity.
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Unorganized and unsupportive workplace
Financial Advisor (Current Employee), St. John'sMay 28, 2015
Pros: Set own hours
Cons: (Mis)Management
Not the greatest place to work. You are promised the world in order to get you in the door. 80% of hires quit within one year.
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Freedom 55 Experience
Financial Advisor (Former Employee), Edmonton, AlbertaMay 6, 2015
Pros: Flexibility
Cons: Cold Calling
Daily duties were non-stop prospecting, finding the next client by cold calling and networking within and outside the office. I learned that you have to be relentless and you have to go into each meeting know every little detail about the product. But before you ask for the business, build the clients trust! Management was awesome, my director had a wide open door policy and knew a lot about the industry, great resource and teacher. Co-workers were a good bunch, all peers of mine who were after the same goal. Hardest part of the job was the cold calling and most enjoyable was the client interaction. Teaching my clients how to improve their well being and seeing the so called "light go off" when you help them to undertsand the importance of a solid financial plan.
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Commission Sales
Financial Security Advisor (Former Employee), Sault Ste Marie, ONMarch 27, 2015
Pros: Self employed
Cons: no salary, 100% commission.
This position is 100% sales commission. I have to pay expenses to stay employed.
The objective to to sell financial products. The company does not provide leads. This is a very difficult way to earn a living.
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Friendly Workplace
Financial Planner (Current Employee), Ottawa, ONMarch 5, 2015
Freedom 55 financial has specific comprehensive training sessions for employees, there is friendly workplace and professional management team
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This is a place that has right stuff
Insurance and Financial Advisor (Current Employee), Toronto, ONFebruary 5, 2015
Pros: coaching, ongoing support., great management teams
Cons: infact none i can see
The Freedom 55 Financial organization has excellent people who can assist you in making this career top notch for you.

While you invest your time in building client relationships, you're surrounded by a team that’s focused on providing you with a broad portfolio of products, competitive compensation, technology, coaching and other ongoing support.
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Flexible
Financial Security Advisor (Former Employee), winnipegFebruary 3, 2015
Company has great training people to make you learn the business. The work environment is very flexible. Sales tactics can be a bit pushy and its very hard to make it to the end of your first year due to commission.
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stressfull
Financial Advisor (Former Employee), St. Catharines, ONDecember 30, 2014
Pros: seminars
Cons: commission only
I enjoyed the people who worked there. But the challange was is how to grab customers and gain commission to survive. I noticed that if you start a commission job in the financial industry without any prior experience you would struggle making money for the first five years.
I quit for that reason.

I loved showing people about how to plan for their short/long term goals in the financial market.
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Very challenging because it is not my field.
Financial Security Advisor (Former Employee), Edmonton, ABSeptember 27, 2014
Pros: flexible schedule
Cons: self-employed, high pressure
I like challenging myself by trying new stuff. I finished the training and passed two exams by highest score under the situation that I don't have any financial background.

I like dealing with different people and learning to know how to build up good relationship with them.
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Positive culture
Investment Advisor (Current Employee), Toronto, ONJuly 28, 2014
Interested in working at a place where rewards are based on merit and not seniority.
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Highly Sales Driven
Financial Security Advisor (Current Employee), St. John's, NLJune 2, 2014
If you are sales driven then this place is for you. The co-workers are great and the environment is designed to help you succeed.
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You get what you put into it, If you love meeting people and sales
Financial Advisor (Former Employee), Toronto, OntarioApril 28, 2014
Pros: autonomy
Cons: uncertainty involved in sales
Got to love meeting people, thrive in social situations and be willing to deal with the lack of certainty in the career. But if you're a hustler and don't mind not having a fixed salary, then you get what you put into it and based on your ability to sell
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Excellent training program and earning potential.
Financial Security Advisor/Investment Rep. (Former Employee), Kitchener, ONApril 13, 2014
You are a self employed representative of Freedom 55 Financial and it is up to you to make your calls and book clients.
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Productive and friendly work environment with career advancement
Financial Security Advisor (Former Employee), Burlington, Hamilton, OakvilleNovember 14, 2013
There is lot of time flexibility, and very professional environment. Financial professional are very big on compliance side and follow accurate procedures.

Prospecting and getting new business are always a challenge for financial professional on every day basis.
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No support in acquiring customers unless you are prepared to pay for someone elses
Financial Security Advisor (Former Employee), Belleville, ONOctober 18, 2013
Pros: good commission, education program
Cons: no mentoring program
Unless you have previous experience in the financial industry without a non compete claus this company is very tough to be successful with for the first year. You are required to pay for a number of fee's even if you are not generating business. The pay sturcture is completely commission based. There are individuals who have 300-500 customers and arent able to service them but continue to collect fees while new comers are basically thrown to the wolves to defend themselves
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Didnt enjoy working there
Financial Advisor (Former Employee), scarboroughOctober 16, 2013
Would not recommend working there

I felt management had too much emphasize on sales target rather than the quality of service
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part-time
Financial Advisor (Current Employee), Montréal, QCSeptember 30, 2013
Pros: n/a
Cons: i control the time
work at home office or company office ;
do the paper work for the clients and the company ;
sale the insurance and the investment;
work closely with the director and the different departments.
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busy and productive office
Receptionist (Former Employee), Kingston, ONMay 22, 2013
handled client inquires and processed payments. Processed and delivered mail.
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Lots of red tape and delays with litlle support.
Financial Security Advisor (Current Employee), Burlington, ONMay 6, 2013
Pros: unlimited potential
Cons: lots of hard work and time to even begin to reach the potential available
Great experience with cold calling and building a clientel. Pretty much work on your own to develop your business. Training is very extensive and product knowledge is excellent by the end of it.

Co workers are few as everyone is out for themselves and doing their own thing. Management only interested in numbers..

Each day is starting fresh. Selling a policy to someone in need is very satisfying with a few exceptions it is the end of the cycle and you start all over again. Very little continuity and it takes a lot of time to build a base.
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Generally speaking, It is good, However,there is some bureaucracy.
Financial Security Advisor (Current Employee), Montreal, QuebecMarch 21, 2013
Pros: products software is powerful. database is great for learning.
Cons: legal support is slow, approving an advisement need one year and even more.
Firstly, check the email from clients or company management. Secondly,make appoint with clients, talk with client about wealth management, family and hobbies and play with them. Thirdly, Learn rules and products and develop material for presentations and advisement. Sometime develop financial model for clients. Develop annual, monthly and weekly plan. Learn from my director about sales technique and products. My director is very experienced in sales and he has been working in this business for more 20 years. The hardest part of the job is closing the deal. My service can benefit client a lot and client really appricate my hard work.