3.0
Jan 10, 2013
Good company to sponsor you for series 7 and get little experience
Former employee, more than 1 year
Denver, CO
Recommend
CEO approval
Business Outlook
Pros
Independence, make your own schedule, but remember you can only make as much money as the work you put into it.
Cons
Fees for everything, laptop usage, software usage, rent, monthly expenses can come to about $800 to $1000. You get paid better for insurance and annuities, not for mutual fund, or rollovers. If clients wants advisory account, not only you pay fee but also they pay fee. Advisors dont have control of anything, you need to consistently call home office for trades, or questions, pretty much everything.. If you'd like help from a veteran they want 50% of commissions, which they call joint work. Very little training and very little support from others unless you want to split your earnings.