Golatt, Gregory, Johnson, Bailey. They were all hand picked by Severin. They were intimately involved in decisions to move to OMNI FIS & to restructure the field to disasterous outcomes. Sales is down 50%. Asset Retention is down over 100%. Missed... — read more 

The firm hasn't turned a profit since 2018. Overspending is k-i-l-l-i-n-g us. Many of our non profit clients are in much better financial shape than we are. They know how to get grant money, keep a tight lid on expenses, and balance their books. Many... — read more 

Mutual of America has overspent hiring outside consultants. Whether it is Boston Consulting, Accenture, Alavarez & Marsal, I have never known a consultant who advised a firm to spend less-not more. You pay these clowns $250,000 for a 50 page report... — read more 

Very secretly and sneakily, on 1/2/25, the City of Boca Raton Zoning and Planning Board approved an amendment to Mutual of America's prior 2024 plans to build condos in Boca. Below is right from the City of Boca Raton's Website: "The Planning and... — read more 

What will be the company multiplier this year for incentive comp: 1.3 1.1 1.0 .8 .75 No incentive comp paid this year to rank and file. Only incentive comp will be paid to Executives and Board Members HIT REPLY / RESPONSE BY... — read more 

Greedy Stevie Rich sent out a memo today saying Mutual of America is getting hammered by fraudsters. Admitted we didn't have top of the line security measures in place. I'm sure Lloyds of London and CHUBB were sweating the future $1M claims when the... — read more 

This was recently posted publicly on YELP ! I thought Death Claims was getting better, but I guess not. These situations break my heart. These people in the greatest time of need deserve much better ! Where in the he-l did the Promises to Keep Go... — read more 

UPDATE NEW YORK (S&P Global Ratings) July 29, 2024--S&P Global Ratings said today it revised its outlook on Mutual of America to negative from stable and affirmed its 'A' long-term issuer credit and financial strength ratings on the... — read more 

Check out BBB. The last review BBB put up was posted on 2/4/24. Why ? BBB isn't living up to it's obligations to publicly post the complaints and reviews. Can someone reach out to BBB to find out why ?

Marc Benioff is a con artist. He has conned companies into buying into the Salesforce Grape Kool Aid. MOA bought his schit to the tune of millions of dollars spent each year ? What has it gotten us ? Lost clients, poor customer service, and over 25... — read more 

The Glassdoor Reviews average score is now down to a 3.0. Last year, Severin sent an email to all of his lackeys telling them that they had to leave a positive review. It's one thing for someone wanting to leave a review of their own volition. It's... — read more 

Here is the DFS report as of 2023. Reveals some interesting information in the audit of the company. A simple google search shows prior year reports so one can see progression of financials. ... — read more 

Rumor has it that there was a Town Hall Meeting today. What was discussed and did they announce any projected layoffs or the financial results for 2024 ?Inquiring minds want to know. Thank you.

Headcount cuts close to 25% when all is said and done. Here is one place where no one is looking. 4 months before getting fired, John Greed promoted his son-in-law to a vp. There was no announcement,no celebration. This completely secret... — read more 

If they were to offer proper severance, I would be among the first to accept. I don’t understand why they don’t consider a voluntary round, especially since I know quite a few people who would willingly leave if paid properly to do so. Why not let... — read more 

The rumor is there will be 30-40 Group Account Reps laid off in March/April timeframe. The deadwood bringing in new business. Also, several retirements in the works.

With the recent field restructuring, customer service has taken another hit. Many Client Relationship Managers were fired. Many more experienced ones are retiring. You've got non performing RVP who couldn't sell schit, moving into Client Relationship... — read more 

Didn't even thank Greed. No mention of the lawsuits. The excess alcohol. The fights he got into with reps at National Sales Conferences. He did say he is setting up an out Firm. Probably will pick off a few MOA clients and hundreds of millions of the... — read more 

High performing companies take time to hire the right person. They give them 90 to prove themselves. If they can't make it through probation, they get canned. Not at Mutual of America. Because of Nepotism and a culture of mediocrity, low performers... — read more 

You've got these clown RVPs because of the restructuring now heading up the client service experience as CRMs. First, they couldn't sell and instead of firing them, why place them in service roles they know absolutely nothing about and lack the basic... — read more 

Not counting the proceeds from the sale of 320 Park and the cost savings from the recent layoffs and frozen pension, what is everyone's guess what the publicly announced loss will be for 2024 ?

There have already been 2 big layoffs in 2024 — how can employees even focus or feel motivated to go to the office under these circumstances? Mr. Rich, it is essential to be transparent and communicate clearly about any upcoming layoffs or provide... — read more 

Like Blake said in Glen Garry Glen Ross, "you've got 1 week to retain your jobs." When I retired in 2021, the murmur was that the Field ExVP was going to be eliminated in the future. When B. Rose created it, he had 34 RVPs reporting to him. Now, from... — read more 

Got laid off a couple weeks ago after 14 yrs. One thing that pi---s me off is how much money we were giving out to clients. We weren't acting like a Sales organization. We were like George Soros running an endowment giving away money like it was... — read more 

Many of us are still amazed that the Chief Sales Officer kept his job and kept getting promoted after this lawsuit. At any other corporation, that person would have been long... — read more 

A company that stands for DEI in the hiring process, also needs to remain consistent in it's firing process. You can't just fire low level rank and file employees. You have to fire people at the top of the food chain. When MoA fires people, they need... — read more 

Part of the lavish over the top Greed/Severin/Festog spending spree was client and prospect entertainment at NFL Stadium Suites. The company secured multi year deals for these suites in LA, Hotlanta, and Minneacrapolis. $1M inked on these suites and... — read more 

If anyone on the Board or Executive Leadership is reading this, here is the roadmap to fix the problems at Mutual of America and return it to growth and profitability: New Board of Directors and Outside Executive Management Fix the Problems... — read more 

Merry Christmas to all MOA employees, especially those who were unexpectedly laid off. It's truly disappointing that the MOA CEO, despite emphasizing transparency, failed to alert employees that such a situation was imminent. We can't help but... — read more 

In a real world when fund is closed portfolio manager is fired. Not here. New master of the universe failed three times and his comp only increased. Millions in comp despite multiple fails. Ask yourself, If he failed thrice what does he know about... — read more 

Most everyone in here sounds so bitter. If you don’t know this, most all other companies do layoffs from time to time and do things that move the business forward. This isn’t new in the world… No one ever forced you to stay but yet you did. To name... — read more 

Folks, take a look at this. Your firm is spinning the recent layoffs as becoming more efficient. Nice Try ! Cover up for the incompetence of the Braintrust at 320 Park Ave... https://news.ambest.com/newscontent.aspx?refnum=263209&altsrc=23

In early 2022, MoA bought Landmark. They rebranded into Truspire. Landmark Admin had a massive data breach this year impacting 800,000. There are many lawsuits over this. Now, MoA is attempting to divest from Truspire as it has been a total flop... — read more 

I've heard from many employees within the company that the CHRO is nearly invisible and doesn't interact on a regular basis with front line or field staff. They say she only hosts DEI events which have been non-existent the last few months, sends out... — read more 

Does anyone know how much a member of the Board of Directors gets paid ? Why don't they release internally meeting minutes of all Board meetings ? Why doesn't the Firm publish the total compensation packages of all Senior VPs and above on its... — read more 

However imperfect, under Moran there was a Spirit of America as was our tag line before the Spirit of Greed. The culture did foster caring of those inside and outside the company. It was a conservative mindset, and of tailoring to special needs of... — read more 

Mr. Flynn and Mr. Moran must be turning over in their graves tonight with all the carnage handed down by "Chainsaw" Stevo Rich. Some of you might be too young to remember this but back in the day, Sunbeam Corp hires a CEO who the media branded at... — read more 

OMG !Fidelity Inked a lease taking over 24K square feet of 320 Park Ave. How come no one at the firm told the employees about this ? Will Fidelity be the suitor of Mutual of America and buy the firm out ??? Inquiring minds want to know....OMG !

Is the sale of 320 Park Ave and 1150 Broken Sound Way the next step ? If those happen, the first would realize $300M in gains. Will this be enough to keep the "A" Rating with AM Best, Fitch, Moody's. Weiss has already given them a "B" rating. Come... — read more