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IG Wealth Management

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IG Wealth Management Reviews

3.8

70% would recommend to a friend

(1,118 total reviews)
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Damon Murchison

74% approve of CEO

66% positive business outlook

IG Wealth Management has an employee rating of 3.8 out of 5 stars, based on 1,118 company reviews on Glassdoor which indicates that most employees have a good working experience there. The IG Wealth Management employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

1K reviews
1.0
12 Mar 2015
Recommend
CEO approval
Business outlook

Pros

The only attribute you need to work here is an adequate network that they can exploit. Then you just need to be comfortable exploiting it.

Cons

After paying all of your own expenses, you do not even own your clients at the end of the day. You are highly incentivized to sell products that lock your clients in to long-term deals that have expensive penalties to get out of. You are associated with some the highest (if not the highest) management expense ratios (MERs) in the industry. Not much of a 'supportive' culture. I got the impression right away that it is very much an every-man-for-themselves kind of culture. *Be aware that these 'directors' are paid bonuses when they hire people!! They are sales people themselves and they are constantly trying to sell you on the job. If you have other options and are actually inclined to HELP your clients, I would highly recommend pursuing those other options.

1.0
17 Feb 2010
Recommend
CEO approval
Business outlook

Pros

-independence -unlimited earning potential -not much else

Cons

-monthly fees very expensive -no salary -cold calling -uneducated consultants -they will hire anybody

2.0
31 May 2016

Lots of disception and false promises

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

There is a possibility to have a good working career here however it is very few that really make it. It all depends and how much you know previously and can sell to people you know or how fast you can build a network out of thin air.

Cons

Anyone who is promised a salary as a consultant is being lied to. Carefully listen to what they say. There is no salary, 100% commission and finding clients is all on you. It costs money to have a job there. You must be self motivating and honestly for most no matter how hard you work you wont make a steady income. High volume and activity is the only way to survive. For many that I saw come through, help us only offered to a select few and falls off quickly once you get to a certain tenure as the higher ups get paid less off of your efforts. You must have close to 50k in savings to get through the first 2 years because it will take a long time to get going. Hard to trust people and its better not to stand out, just follow the herd here.

Viewing 1 - 3 of 1,118 Reviews

Glassdoor has 1,355 IG Wealth Management reviews submitted anonymously by IG Wealth Management employees. Read employee reviews and ratings on Glassdoor to decide if IG Wealth Management is right for you.