3.5 Rating at Best -- Coming from a once dedicated worker and AXA advocate
Pros
Great benefits. Salary for the first few years of building your client base. Wonderful management support in Texas. Young group of workers with personalities that mesh well. Great culture overall. Great support team to help you get service work and paperwork completed efficiently. Only in office for maybe two days a week within the RBG group. Otherwise, out in the field prospecting new clients. Has been a wonderful experience and great start to career to gain industry experience and open up doors to new opportunities. Great sales experience. RBG is encouraged to meet new leads face to face rather than cold calling. Developed experience in financial planning that will help with personal future goals, savings and investments. Great company products across the board.
Cons
Have to be extremely dedicated because a lot of times the negatives outweigh the positives in the first 5 years. Have to be a hard worker to get where you want to be in your career and to succeed a lot quicker than most. They nickel and dime you from the time you contract on. At different increments in your career you start having to pay for new things: software, E&O insurance, state insurance licenses, continuing ed credits, FINRA service fees, and more. They also never give you a heads up when new items will start being deducted from your check, you are just shocked one day when another $100 comes out of your check per month. After two years, I now have $700 coming out of my check not including med benefits. This is fine as long as your market isnt saturated and you're consistently selling. After two years and several additional starting advisors come on board, you begin to feel a little bit like a number. Management support falls off a bit and they almost seem to want to help the new people succeed at that point rather than the veterans with experience but still havent made it to their 5th year yet (so they still need help). Dont even think about taking time off. When you take time off, you dont get paid. And if you're having trouble making ends meet anyway then theres no way you'll be able to eat the next month. (When you sell a product in one month, you dont get paid on it until the next month.) So if you like to spend time with your family, friends, or take trips better think twice about this position.
