Think of the worst things about MLM's and you have this company pegged, only worse. Was flat out lied to and deceived during the interviews. If I was given the truth, I would have declined the position.
I wouldn't recommend this position to anyone. Zero support and training for new employees mainly because they don't plan on retaining advisors. The Monday morning "trainings" are nothing but motivational speeches and brainwashing (the phrase "drink the cool-aid" was used on countless occasions). No true training occurs.
The compensation is extremely murky and unclear (intentionally). They will not share the true "formulas" or answer questions. When you simply ask for an explanation, you are gaslighted, told to sell more, and none of your questions are answered. I found errors on more than one paycheck (did well while I was with the company). No apology, more annoyance I checked and found errors. Surprised they haven't been sued.
You are also a W-2 employee (with zero company paid benefits) for life insurance which means they get all of YOUR write offs while not covering any of your health insurance.
It's a revolving door of advisors, this is to fill their life insurance goal. Again, it's better for them to not keep you around so they don't have to pay for a bigger office and can take over what clients you've brought in for investments. Want you to sell life insurance to anyone you can, then whatever money you're able to bring in for investments they plan on taking over. There is zero intent to retain advisors.
Review below about having to pay before you even take the position is spot on. I've never seen more gaslighting and false narratives.
Will force you to sacrifice your dignity and relationships to bring in business. It all took a mental, emotional, and physical toll in the worst way. I am so much happier, healthier, and wealthier since leaving the company. Please do yourself a favor and find employment elsewhere.
