Great Firm to Work with both for Advisors & Clients - Vice President McAdam Employee Review

5.0
5 Nov 2025
Recommend
CEO approval
Business outlook

Pros

Work remotely, Independent structure/ open architecture, competitive payouts for advisors, fiduciary, Charles Schwab is the custodian, low/fair fees for clients, access to safe money strategies, custom indexing, in-house investment team, work/life balance

Cons

Disconnect between different sales channels and misalignment of company goals versus advisors in leadership.

Explore other reviews about McAdam

5.0
22 Apr 2026
Recommend
CEO approval
Business outlook

Pros

- Opportunities to meet with families and clients and deliver life-altering financial help and advice and build career-long bonds with new people - Collaborative culture - Company growth has been consistent with new opportunities for advancement as we help more families - If you are looking for an environment that is growth oriented & opportunity to build a business for yourself with significant internal support (leads, marketing help, leadership, etc.), this is a great place to look

Cons

- As an advisor, starting off can be difficult since it is a very entrepreneurial career. It requires a lot of mental fortitude and an acknowledgement that failure will happen more times than success - No base salary to start (at least if you are a new advisor starting their practice) but there are other bonuses that are utilized to help income at the start of the career - Emotional competence is a must. Being able to handle highs and lows is very important - If working a normal 9 to 5 is your desire, it may not be a good fit (if you are looking to be an advisor)

1.0
6 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Opportunity to earn licenses early in your career Flexible schedule if you're able to generate your own business

Cons

This is marketed as a great opportunity for recent graduates, but the reality is much different. The financial burden falls almost entirely on the employee. Between fees, expenses, and the costs associated with building a client base, it often feels like you're paying for the privilege of working here. The commission-only structure creates constant financial stress, especially for those just starting out with limited professional networks. There is little stability, and success often depends more on who you already know than on your actual skills or work ethic. Many new hires quickly realize that making a sustainable income is far more difficult than advertised. The pressure to sell is relentless, and the lack of guaranteed compensation makes it hard to stay afloat while trying to establish yourself.

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