Pros
Very autonomous Limitless earning potential Get out what you put in, the harder you work, the more money you’ll make Good place to get experience in the industry and helps sales skills They’ll get you licensed and experienced. Before building up a practice that’s too big, start looking for other firms that hire experienced hires only.
Cons
Hire tons of people expecting only a few of them to make it past 6 months Every manager has a different style: some want you to cold call, others want you to talk to your natural market. Some managers are a lot better than others, and your experience at the firm is VERY dependent on the manager that hires you. Lack of good training Depending on manager, might not learn a real financial planning process. All has to do with the manager you get. Some are very product-focused, some are better planners. VERY HARD when first starting off to make money and get clients. Make sure you have enough money saved as a buffer for at least a few months - don’t expect to earn a livable income in the first few months of working.