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Transamerica

Part of Aegon

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Look elsewhere - External Wholesaler Transamerica Employee Review

1.0
16 Jun 2025
Recommend
CEO approval
Business outlook

Pros

Nothing good about this company

Cons

I was part of the mutual fund team. The managers running it, T,A. and J.G., are some of the most crooked people in the financial services industry. Their sales practices are antiquated and ineffective. They only have sub-advised mutual funds with high expense ratios. Most FA's will not use antiquated products like 1940 Act mutual funds. Management plays favorites with existing wholesalers and will not give an opportunity for newer wholesalers to build their territory and business. They also will "give" their favorites business from your territory. T.A. and J.G. should be investigated by FINRA and the SEC

Explore other reviews about Transamerica

2.0
5 Jun 2026
Recommend
CEO approval
Business outlook

Pros

great account management team. Great bosses. pension. decent benefits. managers allow flexibility.

Cons

the account managers are the only ones held accountable. other departments don't answer emails for weeks, don't do their jobs and no one in upper management cares. directly effects account managers so you get yelled at by clients and brokers a lot. don't get paid enough to do the job of the account manager and take on the other departments work.

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