Sponsored By
Wealth Management Magazine features the best of WealthManagement.com, including news, trends, topics and research important to financial advisors.

SA: Gripes and Grunt WorkSA: Gripes and Grunt Work

Mundane administrative and clerical work is what sales assistants like least about their jobs. And do not view them as mere secretaries, either, assistants say. Almost a quarter (24%) mention something about mundane tasks when asked what they like least about their jobs. And 11% feel they should get more recognition. Next on the list come critical comments referring to management the bureaucracy,

Rick Weinberg

October 1, 2001

2 Min Read
Wealth Management logo in a gray background | Wealth Management

Rick Weinberg

Mundane administrative and clerical work is what sales assistants like least about their jobs. And do not view them as mere secretaries, either, assistants say.

Almost a quarter (24%) mention something about mundane tasks when asked what they like least about their jobs. And 11% feel they should get more recognition.

Next on the list come critical comments referring to management — the bureaucracy, politics and home office operations (21%), as well as compensation-related complaints (21%).

Long hours, stress and workload were mentioned by 19% of respondents as a problem.

Dealing with difficult brokers (8%) and clients (5%) are also challenges, respondents say.

Here is a sampling of some of the write-in complaints from various respondents:

  • Being spread thin by covering other office positions and being unable to complete projects for my brokers.

  • As most SAs — filing.

  • Sales assistants do a lot of “behind the scenes work” and we do not receive much credit for it. There's a feeling that we can easily be replaced.

  • Lack of recognition for passing Series 7.

  • The lack of appreciation for the job we do. Also, the lack of respect for our intelligence — we are NOT secretaries.

  • Inadequate support from the home office. Unrealistic demands from clients.

  • Office politics. Not enough money.

  • No clear path to become broker. Requires self-starter to seek necessary training.

  • Forms, forms, forms — it never ends.

  • It tends to be a little redundant at times.

  • Working with too many demanding brokers.

What Assistants Like Least

What do you like least about your job?

Administrative/clerical/secretarial duties

24%

Management/politics/bureaucracy/poor operations

21%

Compensation/rewards (lack of)

21%

Stress/hours/workload

19%

Lack of recognition

11%

Difficult brokers

8%

Difficult clients

5%

Nothing at all

3%

Personal answer

6%

Other

21%

Note: Figures are based on 329 responses and add up to more than 100% due to multiple responses and rounding.