Toxic environment - Financial Advisor bei CIBC: Mitarbeiterbewertung

1,0
29. Okt. 2021
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CEO-Befürwortung
Geschäftsprognose

Pros

Slightly higher pay than TD

Kontras

Toxic environment, high pressure for sales , and most confusing bonus structure that you won’t even know how get it end of year. Senior advisors will dump their mortgage clients on their book , which they already got paid for it , on new advisors book, so when mortgage get paid off of transfer to another banks it comes of from your book and net sales. For example, if you bring $ 5 million new business into your book and $ 10 million mortgages get paid off or transfer out from your book, you are net sales is minus $5million ! And you have to bring another $million to just bring your net sales to $0 lol Funny thing is most of those senior advisors never seen and spoke to clients before , they just got paid for it!!

Mehr Bewertungen zu CIBC entdecken

5,0
1. Juni 2026
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CEO-Befürwortung
Geschäftsprognose

Pros

Good flatform to do holistic financial planning for clients. Stock purchase plan with company matching

Kontras

There is no commission anymore.

1,0
1. Juli 2026
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CEO-Befürwortung
Geschäftsprognose

Pros

The NY location is close to Grand Central Station

Kontras

Slow Canadian culture that finds it challenging to meet US regulatory standards. Executives play favorites and gaslight employees, if you voice your opinion, they either silence you or try to manage you out with exaggerated "performance issues"

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