Does Experior Financial Group pay their employees well?

According to anonymously submitted Glassdoor reviews, Experior Financial Group employees rate their compensation and benefits as 4.1 out of 5. Find out more about salaries and benefits at Experior Financial Group. This rating has decreased by 1% over the last 12 months.

How satisfied are employees working at Experior Financial Group?

86% of Experior Financial Group employees would recommend working there to a friend based on Glassdoor reviews . Employees also rated Experior Financial Group 4.4 out of 5 for work life balance, 4.2 for culture and values and 4.4 for career opportunities.

What are the top reviewed jobs at Experior Financial Group?

Executive Director (25) , Financial Advisor (19) , Sales Manager (13) , Senior Financial Advisor (10) , Senior Financial Associate (7) , Financial Associate (6) , Insurance Agent (5) , Senior Manager (5) , Agent (3) , District Manager (3) , Financial Representative (3) , Financial Services Representative (3) , Licensed Insurance Agent (3) , Anonymous (2) , Commissions Administrator (2)

What are the pros of working at Experior Financial Group according to real employee reviews?

"Excellent Training and Support (the only brokerage to offer mindset training to make sure you're truly successful)" ((in 14 reviews)); "The best compensation structure within the industry that allows advisers to stay afloat from the beginning and be successful in financial services." ((in 13 reviews)); "High commission for new licensed advisors | own your book of business from day one | lots of technical and marketing support | Great environment | representing lots of companies | CEO and President truly care about their agents | GREAT growth opportunity | Cater to both MGM and individual advisors" ((in 7 reviews)); "Leadership is amazing & the training is phenomenal!" ((in 5 reviews)); "You have the option to either just do personal production or build a team or both." ((in 4 reviews))

What are the cons of working at Experior Financial Group according to real employee reviews?

""You work entirely on commissions" which is a significant factor in earning really good money but if you love the job world, and stability every time then this career might not be a good fit for you." ((in 3 reviews))

Experior Financial Group Reviews

4.2

86% would recommend to a friend

(141 total reviews)

Lee-Ann Prickett

62% approve of CEO

85% positive business outlook

Ratings by category

4.4

Diversity and inclusion

4.4

Work/Life balance

4.4

Career opportunities

4.2

Culture and values

4.2

Senior management

4.1

Compensation and benefits

Experior Financial Group has an employee rating of 4.2 out of 5 stars, based on 141 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Experior Financial Group employee rating is in line with the average (within 1 standard deviation) for employers within the Insurance industry (3.6 stars).

Reviews by job title

141 reviews

1.0

15 Mar 2016

SCAM!!- They sucked me in- BEWARE!!!

Anonymous employee

Recommend

CEO approval

Business outlook

Pros

Nothing- although they promised the world

Cons

Lured in by their "bottom up" compensation plan and "multiple" product lines. I soon found out they only push certain companies and tried to get me to cancel all the old policies for my previous clients. Just another joke Financial company that makes big promises and lies through the teeth.

Experior Financial Group Response

9y

Hello, I would like to respond to your concerns as best I can given the structure of this limited forum. I will invite you to email us at info@experiorfinancial.com if you feel we have not addressed your concerns. Our compensation plan is unique and attractive and we do offer multiple product lines. In Regina, Experior Financial Advisors are currently sponsored by Assumption Life and due to this our Advisors do need to utilize Assumption's products whenever it best suits their clients needs in order to hit their annual target. This does not mean that our Advisors should only use Assumption products, especially if it does not best suit the client. This goes for all brokers in Saskatchewan regardless of which MGA or Sponsor the Advisor works with. We would never ask Advisors to cancel their clients policies however we do encourage you to always review and know your clients (KYC) and their current situation and change their plan as needed. As always, as an Advisor with Experior Financial Group, please contact us directly at info@experiorfinancial.com to discuss your concerns and allow us to assist you further.

5.0

29 Mar 2017

Financial Adviser Position

Anonymous employee

Recommend

CEO approval

Business outlook

Pros

At Experior there are no quotas to meet allowing advisers to take a non-pressured approach with clients. Minimal monthly fees to be a part of the back office within the company as compared to the exorbitant fees at other companies. Phenomenal support from every leader within the company, from the CEO (Jamie Prickett) and down. The best compensation structure within the industry that allows advisers to stay afloat from the beginning and be successful in financial services. OWNERSHIP OWNERSHIP OWNERSHIP - You own your book of business from start to finish, unlike other companies that claim to give you full control of your book.

Cons

If you are not hungry and driven to be successful within the financial services industry then no company will be for you.

Experior Financial Group Response

9y

Thank you for your feedback. I appreciate that you took the time to do so.

1.0

16 Mar 2022

Stay far away.

Commissions administrator

Recommend

CEO approval

Business outlook

Pros

Fairly easy job. No previous experience needed.

Cons

Hard to narrow down everything wrong with this company. First off, there is a cult-like mentality within the company. If you aren't blindly loving everything Experior, the owner's and managers will make your life difficult. There is clear favouritism and nepotism is the number one hiring practice. Most staff are related to each other in one way or another and these people receive the most benefits and leniency. You may wonder why the glassdoor score is so high, and that is because agents are told to post positive reviews. If you read through them you'll see they are especially cheesy. One last thing I want to note is their payment structure for agents. They say they pay the most in the industry but in reality, unless you become one of the special few at the top, your compensation is drastically less than other companies. They will try to convince you this isn't true, but review their structure. Unless you want to recruit a large team, you'll never reach the higher tiers.

Experior Financial Group Response

4y

Thank you for taking the time to share your experience. We appreciate and value all our current and former employee's feedback, it helps us grow as a company. We're sorry to hear that you feel your experience was not positive while working with us. We are proud of our team and the hard work that each one brings to the group. Being a family business, we are proud of our roots and work hard to ensure all staff are given the same opportunity for growth and advancement in the company. Our agents are happy to share their experience with us as there are so many success stories within our company. We have a unique Tri-bred model that works for nearly everyone, and we are very proud of our growth and success both in Canada and in the USA. In just 8 years the growth from 200 to 1800 licensed agents has made our agents very proud. Our success is their success! We would like to thank you again for sharing your feedback and we wish you nothing but the best in your future endeavors.

Viewing 1 - 3 of 141 Reviews

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