employer cover photo
employer logo
employer logo

Destination Wealth Management

Engaged employer

YCMNET Is Not What It Seems - Anonymous employee Destination Wealth Management Employee Review

1.0
8 Apr 2010
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

YCMNET Advisors is a company that seeks out the best employees to work in their business. They offer a competitive benefits package, have a very modernly designed office space, and are close to commuter access of BART and downtown Walnut Creek. YCMNET is attractive upon first introductions as a busy, clean, and a professional workplace offering opportunity, growth and advancement. They also offer an attractive business model for client investing.

Cons

YCMNET Advisors prides itself on the culture and values it attempts to manifest and has these values of candor, integrity, respect etc. exhibited around the office. However, these values are missing from the interactions of the upper management towards its employees. The treatment of YCM employees is far below these values and creates an uncomfortable working environment. Furthermore, there is a pattern of 'sweeping under the rug' or hiding and disregarding unprofessional interactions and management behaviors; yet, the issues trickle down to create a disgruntled workforce, silently working to keep their job with concerns of whom may be treated this way in the future. Needless to say, job security is always in question. In addition, the management style is one of exceeding micromanagement tactics with lack of communication for the cause or effect. Office setting and interactions are contrived and include secrecy and whispering in it's open office setting. The organizational procedures are merely an attempt to be efficient, but are constantly changing due to lack of trust throughout the company; top to bottom. Primarily, integrity is highly questionable at YCMNET; and, ironically their business is entrusting one's personal investments with them.

Explore other reviews about Destination Wealth Management

5.0
9 Jul 2018
Recommend
CEO approval
Business outlook

Pros

Great benefits Good pay Awesome people Compassion/Empathy as core values with opportunity to join company’s charity committee for those who really do love giving back Nice perks- fully stocked kitchen with discounted breakfast/lunch items available as well as healthy options for the health conscious Lots of charity iniatives throughout the year including a company-wide volunteering/service event for a day Managers who really care about you as a person, not just an employee

Cons

There are a couple cliques that can be intimidating, but they’re kind people once you get to know them. Just requires patience and kindness.

2
1.0
1 Dec 2025
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Reasonably good benefits and pay

Cons

A narcissistic "boss" who shoots from he hip and doesn't seem to have a clear strategy. Cult-like environment. Unwillingness to listen to employees. Lower "managers" who have zero managerial experience and frankly don't belong in the positions they are in, as they have no concept of how to communicate, motivate, or foster a positive team environment.

See reviews by: Helpful|Rating|Date|All