What's it like to be a financial advisor?

The phone interview will ask you about your personal network, why you wanted the job (it's a mix of sales and finance) and test you on your phone voice.

Read the glassdoor reviews (yelp for jobs and companies). The one and two star ones are mostly real, the five star are mostly fake. I think there is maybe one or two real It's a company that immediately takes a large cut of your commissions and then doesn't give a shit about it. They finally made a flashy recruitment video.

  • They are very good at training you for sales.

  • no base salary

  • no organized lead flow. Call until your hand goes numb with varying quality of leads

  • having trouble hiring for leadership positions.

  • most managers that were actually worth anything jumped ship.

  • One of the offices (I forget which one. Around DC? or around Jersey? was closing because it was losing money)

  • The company refuses to spend any money on you past licensing.

  • Even if you work hard and get a client, you will be using only a few products. Insurance, a few annuities, basically whatever will get the most commission for your manager.

  • When it comes to actually learning things past the class curriculum, I was told don't bother or stop wasting my time.

  • They push you to get your 6 license instead of your 7. It's BS because it's limiting you on what other companies you can go to. Your 7, 66, or 65 are the most valuable licensee you can have in the financial world. They only care about insurance and commission products (except for the managers which have more licenses maybe)

  • extreme turnover.

  • Saw some FINRA violations happen and heard sketchy shit being talked about when I stayed late after world.

/r/FinancialCareers Thread Parent