Pros
- Decent Independence - Good incentives
Cons
- You wont succeed unless you are set up well in the beginning. - You have to drink the Cool-Aid - It is drudgery They recruited me with the expectations of taking over a branch. They kept saying we are working that out during onboarding. They put me in an office with someone who obviously didn't want me there. My expectations we it was temporary until the branch situation was ironed out. One week after starting they changed their tune, and acted like their memory was wiped, saying I was never getting a branch. Everyone else who starts at least gets a small book. I got $0 assets. My fault for not getting it in writing. Don't trust them and get everything in writing. They pretend to be helpful but most of them are acting. The most successful ones, who started around my time, where in offices with senior advisors who would give them business they didn't want. Making it easier. Otherwise they give you $0 help. The field people will just tell you how you need to go and knock on doors from 5AM to 8 PM (That is actually what one told me). The Home Office will tell you "not" to door knock, but they don't help with how to get clients. Then you find out the because other advisors will let it slip that the advisors who tell you to door knock didn't do it when they started. Some did but a lot didn't. Again they pretend to help but don't really care if you succeed. They do not reimburse for organization fees. You think they do, but unless you are profitable they make you pay them back for it. The person's whose office I was in was supposed to be my mentor. When I would ask him or his assistant a question he would ask me to stop asking him questions and just call the home office and someone there would answer it. Literally asked me not to bother him. Long story short. Make sure you know what you are getting in to before you start.