1.0
Apr 16, 2022
Former employee, more than 10 years
Recommend
CEO approval
Business Outlook
Pros
Great technology and order entry systems. The platforms give the advisors enough models to accommodate most investor 250K or more in investable assets.
Cons
Pay scale is harsh. Typical Wire house model with new trainees. Bring them in and let them burn through calling friends and family. Then pass them through to the "Team Concept" and let the veterans chew them up by taking 30 to 40 % of their earnings while management sits there and does nothing about the ruthless mistreatment. Once they can't make enough to support their lifestyle them let them go and repeat the process.