1.0
5 Sept 2016
Former employee
Los Angeles, CA
Recommend
CEO approval
Business outlook
Pros
The company had good training that lasted about 6 weeks and prepares you well to be a successful wealth planner. You also get a private office and a decent starting salary.
Cons
The micromanagement was so insane almost half you day scheduled calls and continuous training. The leads are all done in house and there is no prospecting allowed. You are assigned random clients with account balance of 250k or more in their retirement from a huge geographic area. They limit the clients they give and most have no intention or capability of doing business. It seems most wealth managers last about 18 months which was the case with me. They make you sign a contract that you must pay back 7k "training cost" if you leave before a year of selling.