financial advisor

financial consultant

client services

practice manager

investment manager

North Star Resource Group

You're not going to get far at North Star unless you are in sales.  Everything revolves around sales staff.  Some of the support staff have great sales reps who compensate them in other ways than the paycheck that will never change for the better, and that's great but that's not NorthStar, that's the rep.  The sales staff makes the $'s so it make sense why they get AAA treatment, but AAA treatment for them means you feel like just another number on the good days, the bad days are truly dehumanizing.  

50% of the sales reps tended to act like 3 year old children who were spoiled by their parents  (gimmie, i want it now, but i want a RED lollipop)..  The allegory is perfect because management gives in to any demand no matter how outrageous, and instinctively believes what they have to say about anything with little regard for the facts.

Maybe 1/10 of the reps treated the support staff like human beings.

Management is pretty well entrenched in ideas and the owners are basically business fossils who seem willfully ignorant of the day to day operations of the company.  Non-management should abandon hope of going anywhere within the company.  There just isn't anywhere to go.  They hold onto poor employees and shuffle them around as much as they can either out of guilt or ignorance to what it's actually costing them, regardless of their blinding ineptitude.  I was never able to understand what some people's roles were even though I was directly involved with them on a day to day basis.

This isn't to say I wasn't thankful for my job there, I was.  I spent a long time there working my butt off trying to make as many positive changes for the company as I could but with the old style business management I really can't see how this company is going to survive. I finally decided to leave when I found a position I really liked closer to home and have never regretted the decision.

The environment can be pretty nice.  They bring in snacks a few times a week and do little company events here and there.  And like I said, if you suck at your job you'll get to keep it far longer than you deserve, so there's that. 

Seriously, any more than a year here is probably a waste of your time unless you really enjoy the meticulousness of the environment or you're a terrible employee who can't get another position.  Just do your job and keep your mouth shut.  When something good comes along, take it.

* A typical day at work for an advisor is never the same, so I don't know that there is a typical day at work. We are always prospecting, always meeting new people who are potential clients/COI's. Some days are filled with behind the scenes work (opening accounts, submitting business, servicing existing clients), some days are filled with meetings, and some days are filled with fun work-related events. Part of the reason I love my career is that every day is different.
* I have learned so much about the financial industry, financial literacy, and financial planning that I can't sum it up in just one sentence. Forever learning, that is how I would describe this career.
* Management is extremely helpful, hands on, and always willing to be of assistance.
* Workplace culture is the glue that keeps NS together, it is a family. We are colleagues first but the friendships that I have made in the past 4 years are incredible. We have formed NS softball teams, basketball, fantasy football leagues and much much more. I look forward to going to work everyday.
* The hardest part of the job is getting things going, building a book of business from scratch is as hard as it gets, but if it was easy everybody would do it! The risk is worth the reward.
* The most enjoyable part of the job is helping people with their financial goals, and seeing their growth from that first meeting to the present. Being able to help people take action is what makes me work so hard for my clients.

There's no better internship to start my professional career with than North Star because the company gave me a foundation of the different job options you can take when going into the financial field, including finance itself and marketing/sales. I was marketing side and participated in email campaigns, cold calling, and researching new leads to provide for the financial advisors. The financial advisors as well as the VP of the company managed the office really well since they were organized and did not tolerate anything below 100% effort. The most enjoyable part of the job was that I was always treated like an adult, and everyone in the office were insanely friendly and welcoming, not to mention, I also met my best friend and future bridesmaid! I think the hardest part of the job was commuting to work for about an hour a couple times a week early in the morning with traffic. To wrap this up, the workplace culture is something I hold to value. The financial advisors truly care about everyone they work with and are flexible with employees who need time off. Communication is key especially when working with different departments.

I've been working at North Star for a little over 2 years and I am happy to be here! Everyone at North Star is kind whether they are an advisor, team member, etc. The supervisors I've worked with are great supporters and I'm never hesitant to ask questions. I absolutely love the team I am apart of; we support each other and help each other out daily. I come from a totally different background/field of work and I'm glad I left to be here. The benefits are good, although my salary is less than what I was making before, with the bonuses I receive here, I believe I make more than I did before! There's also the extra goodies and activities if you're working in the Minneapolis office including: treats every Monday/Wednesday/Friday, in-office bingo with gift card & other prizes, potlucks, team member/customer service appreciation week filled with goodies and fun activities, and plenty more! Everyone's team is different and everyone's supervisor is different, but from my experiences, there is no micromanaging, there's appreciation!

A typical day would involve a variety of tasks ranging from scheduling appointments to developing marketing materials using Photoshop and creating both mail and email campaigns to promote financial investing. It was convenient to report directly to the financial adviser's I worked for to understand their goals and the market at the time to better tailor the marketing strategies to the clients. The hardest part of the job was marketing during the downturn in the economy at the time; however, the office and my efforts were still successful and allowed the adviser's to eventually open their own business away from the pool of financial adviser's at Northstar Resource Group. The most enjoyable part of the job was the challenge and reward ratio of convincing clients you can still safely invest even in the hardest economic times.

I had never heard of North Star when their head of recruiting called me. I learned that North Star doesn't advertise which explains why I had never heard of North Star. I am a Financial Advisor and am SO thrilled to part of this amazing company. The Corporate Office employees are called "Team Members" which is so appropriate because we do work together as a team. The senior executive team are fantastic and inspiring leaders - our CEO, Ed Deutchlander has written several excellent books and my favorite is "Be The First Believer". North Star is constantly investing in their team members and advisors and I love the positive work environment!

The company takes pride in "diversity" but look at any roster and you will find mostly white males working there. It is not a place for advancement. You will not move ahead because they feel that employees staying in their role is best. The pay is atrocious and expect to find other same job level associates to make more--especially the new employees. The benefits are not ideal and so bad that some people don't even take them. I have not found much happiness and I don't see others acting like they are happy. Overall the work environment is toxic with micro management and little care for a person's well being. Don't be fooled by their 2015 best place to work tag that they have in their emails. Its outdated and does not reflect 2020. A

North Star is fantastic about investing in the career growth of its team members! Throughout my time at North Star, my skills as a professional have advanced through increased responsibility, opportunities for training and certifications, and ownership of my role. Through COVID, when I needed flexibility for my family, they were understanding and supportive. Key executives even called me on the phone to ask if I needed anything. The last three years would have looked so different if I had been working anywhere besides North Star, and I am loyal to them for all they have done for me, my career, and my family.

You will be promised so many different things that make it sound like a great place to start out in the financial advising roll but it is all just a bunch of words. Your monthly stipend will at least be cut in half by hidden fees and expenses they don't tell you about until you take the job. There is no such thing as a 1 on 1 relationship with a senior advisor. Quite frankly their onboarding system is so unorganized, lost, and unproven I don't even know what to say about it. When I started there it was myself and 13 other new financial advisors. 18 months later not 1 of those 14 remain.

I came into this position looking to working with analysis and financial management but quickly realized that all I would be doing is sales and marketing. This was not what I was looking for in a career so I decided to move on. The management at the Richmond office was outstanding and extremely motivated. They expected nothing less than stellar on every front with lead to very long working hours with limited pay due to the nature of the industry. Overall I am very grateful for my time with North Star and was sad to say good bye to such a wonderful work environment but this position overall was not right for me.

Top Job Titles	Average Salary
Financial advisor 62 salaries reported	$78,871 per year
Financial consultant 3 salaries reported	$80,000 per year
Client services 12 salaries reported	$20.19 per hour
Practice manager 7 salaries reported	$24.50 per hour
Investment manager 2 salaries reported	$72,500 per year

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