The "training" process is basically a con job for free prospecting for Senior "Advisors"
Pros
If you're willing to focus on harassing your friends and family on day 1 with zero shame, and understand that 50% of the commission will go to your senior "advisor", than over the course of 5 years you will likely make money. Most people don't last that long. In fact you won't even be trained unless you book meetings with your friends and family.
Cons
You're not hired, you are an independent contractor which means they don't pay you a salary obviously. So how will you make money? You will call yourself a financial advisor but every financial problem will end in selling your friends and family insurance. The senior reps will call it your "natural market" but in the end you come on board to act as a free prospecting arm for the senior advisors (if you can even call them that). You will be their lead pipeline and take a 50% cut while they try to convince you they are training you. You will only be given 50% of what your licensed for. So if your brother rolls his 401k and also gets life insurance, your senior advisor will get his 401k and give you only 50% of the life insurance commission. The investment licenses (i.e. Series 6, 7, 63, 65) will need to be provided by you out pocket each and every year approximately $1500+ depending how many you have. The company will however pay for your insurance licenses. That should tell you what you'll be focusing on. If you want to be an investment advisor don't go with an insurance company masquerading as a investment advisory company.
