Don't do it - Cold Caller McAdam Employee Review

1.0
25 Apr 2018
Recommend
CEO approval
Business outlook

Pros

-Phone skills helped me in my future jobs when i realized it was time to leave - One of the managers was really nice. If you work here try and get on her team.

Cons

- You have to pay to be there. Monthly 'office fees' to get into the building, use the phones and wifi basically - Expected to make hundreds of calls a day, mostly to places and people that have been called multiple times already - McAdam takes most of the commisions that you make in the first years - You have to pay (a lot) if you quit within 3 years - Absolutely no benefits. No insurance, not retirement, nothing. Really just no benefit to being there - They go with the hire everyone approach and hope that 1 or 2 stick. Extremely high turnover. Someone quits every week at least - My advice is to keep looking for a different job. Fresh out of college most people need a place that will help them grow, show them the ropes and help them financially. At McAdam you are just another phone dialer who pays them to be here. They just want you for your fees.

Explore other reviews about McAdam

5.0
22 Apr 2026
Recommend
CEO approval
Business outlook

Pros

- Opportunities to meet with families and clients and deliver life-altering financial help and advice and build career-long bonds with new people - Collaborative culture - Company growth has been consistent with new opportunities for advancement as we help more families - If you are looking for an environment that is growth oriented & opportunity to build a business for yourself with significant internal support (leads, marketing help, leadership, etc.), this is a great place to look

Cons

- As an advisor, starting off can be difficult since it is a very entrepreneurial career. It requires a lot of mental fortitude and an acknowledgement that failure will happen more times than success - No base salary to start (at least if you are a new advisor starting their practice) but there are other bonuses that are utilized to help income at the start of the career - Emotional competence is a must. Being able to handle highs and lows is very important - If working a normal 9 to 5 is your desire, it may not be a good fit (if you are looking to be an advisor)

1.0
6 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Opportunity to earn licenses early in your career Flexible schedule if you're able to generate your own business

Cons

This is marketed as a great opportunity for recent graduates, but the reality is much different. The financial burden falls almost entirely on the employee. Between fees, expenses, and the costs associated with building a client base, it often feels like you're paying for the privilege of working here. The commission-only structure creates constant financial stress, especially for those just starting out with limited professional networks. There is little stability, and success often depends more on who you already know than on your actual skills or work ethic. Many new hires quickly realize that making a sustainable income is far more difficult than advertised. The pressure to sell is relentless, and the lack of guaranteed compensation makes it hard to stay afloat while trying to establish yourself.

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