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Zacks Investment Management

Engaged employer

Wealth Management Associate = Cold Calling - Wealth Management Associate Zacks Investment Management Employee Review

1.0
11 Mar 2015
Recommend
CEO approval
Business outlook

Pros

Pro's: Will pay for you to take S65 Develop sales skills through cold calling 8+ hrs a day

Cons

Con's: Management - Management has no idea how to treat their employees Compensation- 30k base salary with $75/appointment. Average WMA makes 35k/year. Over Promise - Management will promise promotions to WMA's who excel (over the year that I was there not one person got promoted). Atmosphere - The office setting at Zacks is very depressing, every hates the job and is unmotivated. The Job - Your only responsibility as a WMA is to cold call for an external RVP for 8 hours a day, they will say that the leads are "warm" when you an in the interview process but that is couldnt be more of a lie. If you take longer than 1-2 minutes between calls, you will be logged off the dialing system and likely get an email from your supervisor.

Explore other reviews about Zacks Investment Management

5.0
7 Apr 2026
Anonymous contractor
Recommend
CEO approval
Business outlook

Pros

good people and easy access to upper management

Cons

none that I can think of

5.0
22 Mar 2026
Recommend
CEO approval
Business outlook

Pros

Really enjoy working here. The people are reasonable and pleasant, the territories are relative large, no micromanaging, startup culture, eat what you kill with a no-frills compensation package. The product and money management track record is absolutely incredible.... Small suite of products but highly ranked and impressive track record. Reasonable travel expectations and great work-life balance. National accounts has several really competent people working on the top. AUM growth is impressive.

Cons

Limited back office resources (although that is beginning to change), Marketing hardly exists so don't expect many advisors to be aware of the impressive track record. It's phone calls and emails to get meetings. no 401k match

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