Whatever you do... avoid MassMutual and Liberty Mutual like the plague. You can search in this subreddit why they're so scummy. You'd basically end up being a glorified lead gatherer and insurance salesman and commission only to start out. They're total hack houses that will make you sell inferior financial products and life insurance to your friends and family. One Redditor even said that part of the interview process was to write multiple people's names down to reach out to. Answer from MoonBasic on reddit.com
Investorclaims
investorclaims.com › home › blog › brokerage firms › top ten worst financial advisor companies in 2025
Top Ten Worst Financial Advisor Companies in 2025 - Investment & Securities Fraud Lawyer
October 30, 2025 - Affinity fraud is one of the most ... and Exchange Commission (SEC) announced enforcement actions against Vanguard Advisers and Empower Advisory Group......
Stanford Institute for Economic Policy Research
siepr.stanford.edu › publications › policy-brief › misconduct-under-microscope-examining-bad-behavior-financial-advisers
Misconduct Under the Microscope: Examining Bad Behavior by Financial Advisers | Stanford Institute for Economic Policy Research (SIEPR)
Oppenheimer, First Allied Securities, and Wells Fargo Advisors Financial Network rank at the top of the list. * Central Registration Depository Number for the securities industry and its regulators · Roughly 20 percent of the financial advisers employed by Oppenheimer have a past record of ...
Videos
16:28
What Your Financial Advisor Doesn't Want You to Know - YouTube
Financial Advisor Reveals Worst Money Mistake
17:37
Warren Buffett: Ignore Your Financial Advisor - YouTube
02:55
The Dark Side of Financial Brokers | Morgan, Merrill, & Edward ...
13:40
The WORST Financial Advisor... - YouTube
Investmentfraudlawyers
investmentfraudlawyers.com › home › the 5 worst financial advisor companies you should avoid in 2025
The Worst Financial Advisor Companies: Avoid These Poor Choices
May 31, 2025 - Citibank, which provides financial advisory services through its wealth management division, has a concerning track record with regulatory bodies. With over 85,000 customer complaints and 113.08 complaints per $1 billion deposited, Citibank ...
Quora
quora.com › Who-are-the-lowest-ranking-worst-financial-advisor-companies-or-financial-advisors-and-why
Who are the lowest ranking (worst) financial advisor companies or financial advisors, and why? - Quora
Answer (1 of 2): People have varying degrees of success with some companies like Fidelity. I personally have used them and had some success. Motley Fool is a hit and miss. You have to be careful with their advice. However, *unfortunately* I’ve run into many very bad financial advisors.
The White Law Group
whitesecuritieslaw.com › home › the worst financial advisors in america according to think advisor
The Worst Financial Advisors in America - The White Law Group
May 20, 2025 - The list includes financial advisors and brokers charged with various illegal activities including Ponzi schemes, elder fraud, evading the authorities, and murder. ... According to the article, these offenders were gathered from news articles, from the Financial Industry Regulatory Authority and the SEC. Many of the fraudsters have been convicted, and some have charges still pending, according to the article. The following are reportedly the worst financial advisors, (and financial advisor imposters) in America.
Thinkadvisor
thinkadvisor.com › 2023 › 12 › 18 › 10-worst-financial-advisors-in-america-2023
10 Worst Financial Advisors in America: 2023
December 18, 2023 - This year has been no exception to such troubles, as financial pros faced charges, or convictions, for a range of crimes, from fraud and money laundering to murder and child pornography. Check the gallery for a brief look at 10 advisors or brokers who were accused or convicted of crimes, or battled charges, in 2023.
Reddit
reddit.com › r/financialcareers › best/worst companies to do financial advisor programs with?
r/FinancialCareers on Reddit: Best/worst companies to do financial advisor programs with?
November 28, 2019 -
Does anyone have any thoughts on certain companies to go for or avoid for programs like FADP and general financial advisor programs? Particular companies I’m interested in hearing thoughts on are Merrill, Raymond James, and Thrivent. Thanks in advance everyone!
Top answer 1 of 3
6
Whatever you do... avoid MassMutual and Liberty Mutual like the plague. You can search in this subreddit why they're so scummy. You'd basically end up being a glorified lead gatherer and insurance salesman and commission only to start out. They're total hack houses that will make you sell inferior financial products and life insurance to your friends and family. One Redditor even said that part of the interview process was to write multiple people's names down to reach out to.
2 of 3
4
To echo the first comment, Northwestern Mutual might be worse
Yahoo! Finance
finance.yahoo.com › news › 3-best-worst-companies-investment-150051130.html
3 of the Best and Worst Companies for Investment Advice
May 9, 2022 - In recent decades, the firm has expanded into zero-commission stock trading and two types of financial advisory services: Vanguard Digital Advisor and Vanguard Personal Advisor Services. See: 6 Alternative Investments To Consider for Diversification in 2022 · Vanguard Digital Advisor is a robo-advisor that charges $0 for the first 90 days and no more than 0.20% of assets annually thereafter.
Bogleheads.org
bogleheads.org › board index › us investors › investing - theory, news & general
"12 Worst Financial Advisors in America" - Bogleheads.org
Bogleheads: The Bogleheads Forum frequently warns us about expensive and bad financial advisors. These were among the worst in 2016: 12 Worst Financial Advisors in America: 2016 In an attempt to be balanced, Allan Roth, CPA, CFP, is one of my favorite financial advisors.
Nstarcapital
nstarcapital.com › home › blog › misconduct! 10 worst & 10 best behaving advisory firms
Misconduct! 10 Worst & 10 Best Behaving Advisory Firms - NorthStar Capital Advisors
March 4, 2016 - These researchers data mined the ... Oppenheimer ranked #1 in the “bad behavior” list. Nearly 20% of the advisors at Oppenheimer & Co....
The Most 10
themost10.com › home › top ten
Top Ten Worst Financial Advisor Companies In America - The Most 10 Of Everything
February 11, 2025 - However, not all financial advisor companies are created equal, and some have garnered negative reputations for various reasons. In this article, we will explore the top ten worst financial advisor companies in America, detailing why they have earned their spots on this list.
Eccleston Law, LLC.
ecclestonlaw.com › eccleston-law-blog › the-10-worst-us-financial-advisors-2021
The 10 Worst U.S. Financial Advisors: 2021 - Blog
Eccleston Law Office represents advisors & investors in securities & employment matters in Boca Raton, Chicago, & New York and has a proven success rate.
Reddit
reddit.com › r/cfp › best/worst firm financial planning support
r/CFP on Reddit: Best/Worst Firm Financial Planning Support
December 8, 2024 -
What firms do you think are offering the best financial planning support to their advisors? What offerings make it “the best”? What firms have seen have the worst support? With more firms targeting HNW it seems like they’re moving away from the foundational support to assist up and coming advisors to get to the point of working with HNW.
Top answer 1 of 3
1
Happy to connect on this—I have some pretty good insight here. If you’re willing to hop on a call, may be easier to talk this out. If not, I’ll respond later today with my two cents.
2 of 3
1
I think Ameriprise still has one of the more robust career starting points available. It's not a place that I would stay forever, but it's a great place to cut your teeth. I spent a bit too much time there before going independent.
Cedar Peak Wealth
cedarpeakwealth.com › post › the-worst-chart-financial-advisors-use
The worst chart every financial advisor will show you
February 27, 2025 - Most financial advisors mean well. They try to show you graphics that tell the story they want you to hear. There’s a big problem. That story often gets oversimplified to the point of being wrong – at best, it’s misleading.This is the worst chart every financial advisor will show you.If ...
Wink, Inc.
winkintel.com › 2024 › 12 › 10-worst-financial-advisor-cases-of-2025
10 Worst Financial Advisor Cases of 2025 - Wink, Inc.
December 26, 2024 - Like any industry, however, financial services comes with its share of professionals willing to commit crime. In some cases, scofflaw brokers use client funds to finance their own luxury purchases. In others, an advisor may stray into violence.
Unbiased
unbiased.com › discover › financial-advice › best-financial-advisor
Top Financial Advisor Firms & Companies (2025) - unbiased.com
December 22, 2023 - Our article has pulled together the top financial advisor firms in the US, helping you discover who is the most trustworthy financial advisor for your needs and the best financial advisors for retirement by comparing features, pricing, and overall pros and cons.
TikTok
tiktok.com › discover › worst-financial-advisor-firms-to-work-at
Worst Financial Advisor Firms to Work at | TikTok
2 weeks ago - Discover the worst financial advisor firms to work at and uncover red flags in the financial industry. Find out which companies to avoid!See more videos about Top Worst Architect Firms to Work for, Best Accounting Firms, Worst Prop Firms, Worst Debt on Financial Audit, Worst Work, Worst Shift ...
Reddit
reddit.com › r/investing › does everyone hate financial advisors?
r/investing on Reddit: Does everyone hate financial advisors?
April 27, 2024 -
For transparency I work in the industry and I am just wondering in this day and age of robo-advising and ETFs, does everyone hate financial advisors now?
And this question may not be for a lot of you that are truly investment savvy of course, but this isn’t the 1970s-1980s anymore and regulations are through the ceiling. A lot of financial advisors simply just want to do their job and try to assist people who may want or need it. A lot of advisors truly aren’t out to rip people off, companies just have to charge costs to keep the business running of course.
Are there fees with management yes? But there’s fees to pretty much any business being done in life, so legit question is why do people expect to be helped and have free management? I get if you can do it yourself that’s fine, but everyone isn’t an investment savant, and that’s not to say all advisors are either, but they are at least licensed and held to a fiduciary standard.
Some people may still want that financial planner who can not only deal with their investments but provide advice and options for lending, banking, tax efficiency etc. typically those who do their own investments think it’s as simple as “buy this etf and hold etf” but everyone’s situation is different in multiple ways. I once had someone ask me to invest their 74 year old friend into the QQQ because “they heard it has AI and is doing well”. But her 74 year old friend was highly conservative and not looking to take any risk. Sometimes your friends aren’t looking in your best interest because they aren’t fiduciaries.
For those of you who arent investment savvy, would you think about getting an advisor?
I’m looking for real opinions here.
Edit: from a lot of the comments it seems a lot of you all don’t understand what an FA really does. It seems like some of you just understand the investment piece but not the financial planning aspect. A true FA isn’t just a “performance pusher” they are there to help you make better non emotional decisions, get your kids through college, save you on taxes, plan your estate and much more.
If your FA just does investments that’s not an advisor.
Top answer 1 of 132
364
Hate is a strong word, but some of them seem to prey on naive people. Edit: I think they can provide a lot of value for some people, but sometimes I read stories of people who end up with crazy insurance policies that the people who sold them get compensated on, high fee funds that they get commissions from, plus annual fees, etc. It’s a valuable service if the FA is honest and provides value and doesn’t make additional cuts in underhanded ways.
2 of 132
94
I think it’s an industry that’s been shaken up like travel agents. A really good travel agent is awesome. An average travel agent is a huge waste of money. And given most are not 80th percentile advisors, it’s pretty easy to be like, these peeps suck (cost more than their worth).
Bankrate
bankrate.com › investing › financial advisors
Best Financial Advisors: Top Firms For 2026 | Bankrate
As you'd expect from the industry's low-cost leader, all of Vanguard’s financial advisor options feature reasonable annual fees ranging from 0.3% to 0.4%, and the fees decline as your assets grow. AUM: $107.7 billion in discretionary client assets · Account minimums: $50,000 to $5 million depending on level of advice · Fees: 0.3% to 0.4%; fees decline at asset levels above $5 million · In 2026, Fidelity celebrates its 80th birthday. It's one of the largest financial services companies in the U.S., and the company offers a handful of options for clients looking to work with financial advisors.
Newsweek
rankings.newsweek.com › home › finance › america’s top financial advisory firms 2025
America's Top Financial Advisory Firms 2025
November 19, 2024 - We analyzed over 15,000 financial advisories registered with the SEC and scored them based on the following factors: asset performance, client performance, adviser expertise and client ratio, breadth of service offerings and conflicts of interest. Companies like Facet Wealth, Sarofim Trust Co.