Don't work for them - Recensione dipendente - Financial Advisor presso CIBC

First of all the level of the employees knowledge is a very limited. I had a lot of time conference call with Financial Advisors and what surprised me is that they are selling Mutual Funds, Investments but they don't know difference between stocks and bonds? I even surprised how they passed Mutual Funds exams?! Again I am talking about Financial Advisors or FSRs overall in Canada. Secondly, how CIBC can assign person for mentoring Insurance products, where that person never have worked at Insurance Company before? The level of knowledge of CIBC employee is a very low, even Branch Manager, how you can be a manager of the branch if you don't know or even heard in your life about CFA designation? CIBC keep asking you to reach your sales target and the same time pushing clients go to the online and telephone banking?! How stupid is it, you don't have tones of new clients every day but you keep asking about sales targets. Keep calling the same clients over the phone and keep offering them the same offer which you asked 1 or 3 month ago? CIBC head office or Vise Presidents don't like to pay for your financial courses which can help you to move up and after that complaining that people don't like to stay at CIBC.