Gives you an opportunity like no other - Financial Advisor New York Life Employee Review

5.0
Aug 22, 2019
Recommend
CEO approval
Business Outlook

Pros

1. The culture: The culture at this company, specifically the Bellevue location, is like no other place I have worked at before. The management team works together to help every agent grow both professionally and personally. 2. Teamwork: You can be put on a team or work individually. There are senior agents and advisors that will mentor you along with a management team and product consultants. 3. Options: Within two years of working with the company you have the opportunity to learn the management side, become a full financial advisor, learn about positions in the home office, or continue to enjoy the agent role. 4. Training: The training for out industry is absolutely outstanding. I have worked at other financial firms and have many family members in the business and what New York Life has is truly special. 5. Uncapped Income: You truly have the opportunity to earn as much income as you work for. My first year did not make six figures, but my second year I did and I make about 145% every single year compared to the last. There are many people in our company (and office) making a seven figure income. 6. Entrepreneurship and Grit: To be successful in this business you learn time management, build grit, and gain control of your life. To be successful you learn to become the best version of yourself: honest, hard working, and caring. New York Life offers many third party programs to help their employees learn this and become who they want to become (both professionally and personally). 7. Pension: How many companies still have a pension!? Not many, New York Life does. 8. You can choose your work hours and vacation time 9. The management team works with you when you have personal situations and does not let you go during times of uncertainty. In fact, they give you more attention and help. Trust me, I've been there.

Cons

1. Starting Off: Like any business when you first start, it takes hard work and determination to succeed. To build a strong base of income, you will need to work diligently and have a positive mindset. Use the resources the company gives you to make it easier. You do not need to go to school for 8 years to work at this company, but you do need to be patient and trust the process. 2. Small 401K match based on profit sharing (but pension makes up for it by far!)

Explore other reviews about New York Life

5.0
Jun 3, 2026
Recommend
CEO approval
Business Outlook

Pros

Great brand with high levels of training and support. Good work-life balance and supportive managers who don't micromanage. Benefits include good pay, decent PTO, tuition reimbursement, bonuses. Agents enjoy full autonomy over their schedule, the ability to work with clients they choose, and untapped commission potential. Training is strong, with clear advancement paths toward financial advisor and management roles.

Cons

Commission-only structure. Agents must generate their own leads with no real structure to daily activities.

5.0
Oct 9, 2015
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Right out of college, I had an opportunity with the New York Life. Being young I felt that I was at a disadvantage but I worked hard, I was relentless, and ambitious. My first full year, I was able to make a six-figure income. It wasn't easy but is medical school easy? Is law school easy? The training and development at New York Life was unmatched. I knew nothing about the Insurance and Financial Services industry until I was given an opportunity at New York Life and the training was exceptional and has led me to the success I have today.

Cons

You have to work hard, be relentless, entrepreneurial, invest a lot of time and effort into the business and above all, expect a higher standard of living and strive towards that goal every single day.

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New York Life Response
9y
Thanks for taking the time to share your feedback – we appreciate it. As you say, a successful career as an agent requires dedication and commitment. For many, including you, the professional rewards are worth it. But we do understand that starting out in this career is not always easy. That’s why we offer new agents continuous training and support, to give them the advantages they need to succeed.
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