Genistar, established in 2007, is a UK-based financial services company dedicated to educating families about their financial choices. Their mission is to help individuals secure a better financial future by providing the knowledge needed to make informed decisions. The company offers a range of services, including financial education, personalized financial game plans, and various insurance products.
Services Offered by Genistar
One of Genistar's flagship offerings is the Financial Game Plan (FGP), described as a "Sat-Nav for your finances." This plan guides clients toward their financial goals by covering areas such as:
- Goals & Dreams
- Retirement
- Net Worth
- Income & Outgoings
- Savings
- Mortgage
- Debts
- Protection Needs
The FGP aims to provide clients with a clear insight into their current financial situation and offers ideas for improvement.
Client Testimonials
Clients have shared positive experiences regarding Genistar's services. For instance, Gerry McGivern expressed gratitude for the support received during a challenging time, highlighting the company's commitment to client welfare.
Employee Experiences
Employee reviews of Genistar are mixed. On Glassdoor, the company holds an overall rating of 4.2 out of 5, with 82% of employees indicating they would recommend working there to a friend. Positive feedback often mentions a supportive work environment and a focus on employee development. However, some employees have raised concerns about the company's business model and internal practices.
Pros and Cons of Becoming a Genistar Member
Pros:
- Financial Education: Members gain access to comprehensive financial education resources, aiding in personal and professional development.
- Flexible Working Opportunities: The company offers both part-time and full-time roles, allowing for flexible working arrangements.
- Supportive Environment: Many employees report a welcoming and supportive workplace culture.
Cons:
- Upfront Costs: Some individuals have reported initial fees associated with joining, which may not be clearly communicated upfront.
- Recruitment Focus: Critics have pointed out that significant earnings may be contingent on recruiting others, leading to concerns about the company's business model resembling multi-level marketing.
- Mixed Reviews: While many employees speak positively about their experience, others have expressed dissatisfaction with aspects of the company's operations.
Conclusion
Genistar positions itself as a company committed to financial education and helping individuals achieve financial freedom. While there are numerous positive testimonials from clients and employees, potential members should conduct thorough research and consider both the advantages and potential drawbacks before joining. As with any financial opportunity, it's essential to approach with caution and make informed decisions based on comprehensive information
L