Pros
Overall, the energy levels and vibes are good, and people seem genuinely engaged in the office, and the company seems to be quite ethical.
Cons
Where to begin... With the constant sales-pitchy nature of every meeting, with the lack of real and meaningful financial industry training, with the truth that the company is not really focused on providing financial services to clients, but rather with recruiting new tem members in order to get overrides? I could go on and on, but I'll spare you the monotony. The bottom line is that Primerica is a MLM (multi-level-marketing) operation, hiding behind a vulgar farce of a financial company. From the mouth of my own upline (the recruiter who brought me in), "We don't get our financial licenses in order to sell products and services - we get them so we can get paid override commissions"... That should tell you all you need to know about the company. They claim to be generating more 6-figure income earners than any other company in the US, but if you go to an office, you'll see a parking lot filled with old Saturns, Hondas, Fords, and Toyotas... There's nothing wrong with those brands, but if you're making 6 figures, I think you can afford to upgrade your vehicle a bit. The offices are similarly shabby, being little more than industrial park space with printed "inspirational" posters on the walls. Again, if this company generates as much income as it claims, 1) why are offices hidden in remote locations, and 2) why are there no trappings of success to be found inside? Additionally, what kind of company REQUIRES their management team to divest themselves of any and all businesses that they own, once they reach RVP (Regional Vice President - simply a title with additional commission added)? My upline has owned a jewelry store - hardly a business that would be considered competition - for decades, and after 20 years with Primerica, he's being forced to sell it in order to reach the next level in the company. Personally, I feel this is an underhanded practice, designed to create codependence. Any other financial institution would have zero problem with a member of management owning a business, as long as it didn't exist in the same arena (eg. financial services). My honest suggestion is that this company is not one that you should want to work at unless you're under the age of 25, and looking to get your financial licenses on the cheap. Sure, the office environment is interactive, engaging, and positive, but those things are all wrapped inside an ongoing sales pitch, designed to continuously sell you on the "opportunity" that Primerica offers. A few weeks ago, a broker from Franklin Templeton came to our office and gave a presentation. He was dressed nicely and drove a nice car (Mercedes S-Class I believe), but I felt compelled to ask him a question... I asked, "How can I come work for you?". He asked me why I'd wouldn't want to continue with Primerica, and I responded, "For the same reason YOU don't work here". He simply gave me a knowing smile, slipped me his business card, and I thanked him for his time. I have an interview with him next week.
