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Fraudulent practices - Anonymous employee LearnVest Employee Review

1.0
26 Feb 2018
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Near transportation, food places, free food

Cons

It's a big con. Planners are nothing more than sales reps setting people on the path to buy Northwestern Mutual whole life insurance. The company never did make money. It was upside down from day one and Northwestern Mutual bought software that didn't work. The press releases from the sales are right. The 4 day blackout was right. Don't fall for the lies. More press should do stories and the FTC and SEC should investigate.

Explore other reviews about LearnVest

5.0
6 Aug 2019
Recommend
CEO approval
Business outlook

Pros

Opportunity to learn and grow

Cons

Fast-paced but to be expected with a startup culture

2.0
5 Nov 2015
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Got an office manager so we now always have great food and snacks. Free lunch once a week. Paid full time for part time work.

Cons

Not been stable. Constant change and no clear path. A lot of hype and talk about NM leading into the buyout and talks and promises afterwards. Still a lot of change and BS from management. They say there is transparency but not really. New management in operations and sounded good at first but now back to normal. Seems like NM is the focus and regular LV is left alone. Lost many planners to the transition team or quitting. Impact of losing lots of staff after the transition can be seen in felt. people mumble and complain a lot behind close doors but know that it goes no where with management. Not a place to grow in your career. Recommend to people in year 1 or 2 but after that go to a planning firm to grow. Company is automating the whole process. Did not come here to be a non-thinker. Treated like we don't have brains.

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