Sketchy... Most likely a SCAM. Beware! - Cold Caller McAdam Employee Review

1.0
1 Dec 2020
Recommend
CEO approval
Business outlook

Pros

Ability to get your licenses. Young work environment, fun, relaxed. You might meet cool people.

Cons

Not what is advertised. They say you will be a "financial advisor" when in reality you are just a salesperson trying to sell anyone anything. My whole time there I felt like I was just another phone dialer from which the managers and everyone above me could potentially profit off of. They only want you to succeed and help you develop your phone skills because they can make money off of you. Even if you sell a plan you only get a small % of the commission, upper management keeps most of it. GET READY TO COLD CALL ALL DAY. Not only that , the leads they give you are garbage. People that have already been called multiple times. They also exploit your natural market, literally PRESSURE YOU ENDLESSLY to call all your family and friends and sell them something. THEY ARE MOSTLY STANDING FROM PROFITING OFF OF PEOPLE'S FAMILY/FRIENDS. Most people quit within months if they are smart enough. It was miserable, I absolutely hated it. All I did was cold call and DIDN'T MAKE A SINGLE PENNY. I was lucky enough to be "working" from home because of covid otherwise you actually HAVE TO PAY TO WORK THERE (tech fees, and other stuff). The only job where you PAY TO WORK THERE.... LIKE WHAT. It is a trap for recent graduates. DON'T FALL FOR IT. They say u can make 6 figures your first year..... yeah maybe if you are the wolf of wall street. WHAT A JOKE! The culture is horrible. Very inappropriate. I am very relaxed chill person but this definitely didn't feel right. something was off. A big lack of professionalism. The comments they make, etc...One of the managers made an EXTREMELY INAPPROPRIATE comment to me. I WAS ACTUALLY SHOCKED. I COULDN'T BELIEVE MY EARS.

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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