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Transamerica

Part of Aegon

Is this your company?

PYRAMID SCHEME. Do not work there. - Finance Advisor Transamerica Employee Review

1.0
17 Jan 2024
Recommend
CEO approval
Business outlook

Pros

Only pro is that everything is virtual, so you do not have to go anywhere.

Cons

1. They are set up like a pyramid scheme. After a month or so of “training,” they expect you to go on Linkedin to build your own team of financial advisors. 2. The services offered are limited to confusing life insurance polices, annuities, or mutual funds. 3. They do not pay for you to do your insurance class or the exams I’m pretty sure, but I already had mine completed prior. 4. They have a yearly trip to meet with all of the advisors. I had COVID and expressed that I would not attend. I received great backlash from my “mentor” who said I would be missing out on valuable information.

Explore other reviews about Transamerica

5.0
26 Jan 2026
Recommend
CEO approval
Business outlook

Pros

Transamerica has an amazing intern program

Cons

I have no cons for Transamerica

5.0
30 Jun 2026
Recommend
CEO approval
Business outlook

Pros

As a producer, there is unlimited income potential.

Cons

People have to see a need to sit down and talk with you, which can sometimes be discouraging.

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