employer cover photo
employer logo
employer logo

Independent Capital Management

Is this your company?

Good potential for highly motivated individual, but lack of transparency - Financial Advisor Independent Capital Management Employee Review

3.0
3 Apr 2017
Recommend
CEO approval
Business outlook

Pros

Easy to get the job as they constantly hire new reps. Great opportunity for career advancement into management positions for successful employees. Can create your own work schedule. Can get lots of support from experienced managers. Can earn a lot of money in the long run. Great job for a highly motivated individual with a real passion for the industry.

Cons

Lack of transparency during hiring process. The job is extremely difficult during the early stages and it is difficult to earn much money. This would not be a problem for some people who have support while they get established, but management should make it clear that this is the case rather than exaggerating earning potential and level of difficulty. No pay whilst training which takes much longer than they originally make out. To be successful you must be willing to work excessively long hours (evenings and weekends).

avatar
Independent Capital Management Response
8y
The experiences shared in your review are not something we take lightly. We are committed to ensuring ICM is a transparent and inclusive workplace for everyone. Our industry is complex, and we put tremendous effort into our training and mentorship program to foster an environment where all our advisors can be successful. A prerequisite to helping clients with their financial plan is obtaining certain industry licenses. You are the sole owner of your licenses, and our managers provide training to pass the exams. How quickly you pass these exams depends on how quickly you pick up the material. Unfortunately, if you don’t pass the tests the first time, there can be a waiting period until you’re eligible to take the test again. Thank you for your feedback & for your contributions while at ICM.

Explore other reviews about Independent Capital Management

5.0
23 Aug 2023
Recommend
CEO approval
Business outlook

Pros

Welcoming environment, supportive staff, amazing facilities

Cons

Depending on the location sometimes just normal things like parking or outside surroundings, nothing negative about the company though

5.0
7 May 2014
Recommend
CEO approval
Business outlook

Pros

I have worked here for about two years and have had a wonderful experience. ICM has a very team oriented atmosphere which I enjoy. Everyone who is successful here is very self motivated and ambitious which brings a great energy to the office. The opportunity for growth is there as quickly as you want to earn it, whether it is by being a manager and having your own team or simply by being an advisor and expanding your book of business. You truly get out what you put into your career here. In terms of receiving help with your clients and advancing your career, the management team will match your efforts. If you are working hard, the management team will spend more time with you. If you aren't putting in the effort, you shouldn't expect a manager to step in and fix everything for you, especially if you aren't applying what you have already been taught. Also, the flexibility of creating your own schedule is a huge plus, especially for someone who enjoys vacationing.

Cons

You have to be willing to work hard and put in the time in order to be successful in this industry. This is definitely not the right fit for someone who just wants to sit behind a desk 9-5 every day and get paid a salary for doing the bare minimum. You will work late on some evenings and weekends but the trade off is the flexibility to create your own schedule.

3
avatar
Independent Capital Management Response
11y
Thank you
See reviews by: Helpful|Rating|Date|All