- Corporate leaders are out of touch and rarely helpful, but push advisors to attend corporate meetings.
- Extremely high turnover rate can be de-motivating.
- All advisors are pushed to sell annuities and life insurance over any other financial planning tool.
- Compensation is unethically higher on Insurance products.
- You will feel like you are pedaling annuities.
- Little to no recognition for brokerage and investment business.
- Production minimums on Life, Health, and Annuity products.
- No leads are given to you, you will be calling your friends and family and networking.
- Marketing techniques can be degrading and demotivating.
- Do not take this job if you are looking to be a financial planner. You will market yourself 80% of the time and create plans 20% of the time. You will feel that your plans must include variable annuities or life insurance. You will find yourself feeling pressured to sell annuities for the wrong reasons.