3.0
Sep 2, 2022
Current employee, more than 1 year
Gilbert, AZ
Recommend
CEO approval
Business Outlook
Pros
You get your licensing (series 7,63,66). You get a lot of experience building financial plans and making portfolio recommendations. Do not have to build your own book. Promotion is based on performance not on time in job. Salary is competitive. You start as a "Foundations" Advisor, pay is around $65k with bonus around $10k. Then move to Level 1 with pay at $70k and bonus at $15k. Level 2 is $80k with $25k bonus potential. Bonus is based on team performance, so highest performer receives 100% of bonus amount, second highest 95%, etc. Good pay but bonus structure could be improved.
Cons
It's a call center environment at the end of the day. You will deal with a lot of service related issues. Training is OK not great.