Consider this a Warning - Financial Advisor McAdam Employee Review

1.0
28 Jul 2016
Recommend
CEO approval
Business outlook

Pros

I came out of the experience with some pretty good sales training and got to meet face-to-face with clients, which helped me land a real job that is sustainable for a young professional.

Cons

TL;DR - Do not work here, I am telling you this for your own good. If you are a recent graduate, find a job with reliable income and once you develop a business acumen you can try to support yourself on 100% commission. Despite all of the planted rhetoric in the positive reviews on here, McAdam is a horrible choice for a first job if you have literally, and I mean that in the true sense of the word, any other alternative. Even if for some reason you think you don't have alternatives, I strongly caution against accepting. Find something else, whatever that may be. You have to pay to get licensed, pay for monthly office and 'technology' fees, receive no benefits whatsoever, and will struggle to make enough money to break even (if you are lucky enough to be one of the few making money at all). I can say that from experience because after my time working there, I was almost broke after leaning on my savings to support myself while 'getting off the ground'. And I was one of the higher producing people in my hiring class. Learn from my negative experience, and the others you see on here, and avoid this as best you can. It's easy to be convinced that this is a viable opportunity as an uninformed interviewee, so do yourself a favor and bail before you waste valuable time and money here.

Explore other reviews about McAdam

5.0
22 Apr 2026
Recommend
CEO approval
Business outlook

Pros

- Opportunities to meet with families and clients and deliver life-altering financial help and advice and build career-long bonds with new people - Collaborative culture - Company growth has been consistent with new opportunities for advancement as we help more families - If you are looking for an environment that is growth oriented & opportunity to build a business for yourself with significant internal support (leads, marketing help, leadership, etc.), this is a great place to look

Cons

- As an advisor, starting off can be difficult since it is a very entrepreneurial career. It requires a lot of mental fortitude and an acknowledgement that failure will happen more times than success - No base salary to start (at least if you are a new advisor starting their practice) but there are other bonuses that are utilized to help income at the start of the career - Emotional competence is a must. Being able to handle highs and lows is very important - If working a normal 9 to 5 is your desire, it may not be a good fit (if you are looking to be an advisor)

1.0
24 May 2026
Recommend
CEO approval
Business outlook

Pros

Honestly, the only decent part was the people you work with. A lot of other new hires are in the same boat, so there’s a bit of shared struggle and support just from going through it together. The energy at the start can also feel exciting before you realize what the job actually is.

Cons

The job gets sold as a big opportunity but it really isn’t what they make it out to be. It’s basically constant cold calling and trying to push sales with bad leads, plus being encouraged to hit up your own friends and family. There’s no real stability, no proper training, and not much guidance once you’re in it. You’re kind of just thrown in and expected to figure it out while still meeting high pressure targets every day. Management is very focused on tracking numbers but not very helpful when you actually need support. The expectations don’t really match the reality of the job, which makes it stressful and frustrating pretty quickly. Most people don’t stick around long.

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