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      New York Life

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      New York Life reviews

      Uncapped Earning Potential - pseudo MLM business model - Registered Representative New York Life Employee Review

      4.0
      18 Mar 2024
      Registered representative
      Recommend
      CEO approval
      Business outlook

      Pros

      There is a ton of training and assistance in getting your financial practice off the ground. The training allowance subsidy that is provided is a great way to earn a base salary while maintaining an uncapped earning potential in the insurance/financial industry.

      Cons

      There is no guaranteed base pay. The reason the headline says "pseudo-MLM business model" is because the interview process is designed to "cast a wide net". If you don't have any glaring issues or a felony on your criminal record, you can secure a position. This devalues the legitimacy of the role itself in my opinion.

      avatar
      New York Life Response
      2y
      Thank you for taking the time to share your feedback. We take your concerns seriously and would like further information. We encourage you to email us at helpusimprove@newyorklife.com if you would like to share specific details about your experience.

      Explore other reviews about New York Life

      5.0
      11 May 2026
      Anonymous employee
      Recommend
      CEO approval
      Business outlook

      Pros

      Great culture and leadership team.

      Cons

      None as yet so far

      5.0
      9 Oct 2015
      Anonymous employee
      Recommend
      CEO approval
      Business outlook

      Pros

      Right out of college, I had an opportunity with the New York Life. Being young I felt that I was at a disadvantage but I worked hard, I was relentless, and ambitious. My first full year, I was able to make a six-figure income. It wasn't easy but is medical school easy? Is law school easy? The training and development at New York Life was unmatched. I knew nothing about the Insurance and Financial Services industry until I was given an opportunity at New York Life and the training was exceptional and has led me to the success I have today.

      Cons

      You have to work hard, be relentless, entrepreneurial, invest a lot of time and effort into the business and above all, expect a higher standard of living and strive towards that goal every single day.

      251
      avatar
      New York Life Response
      9y
      Thanks for taking the time to share your feedback – we appreciate it. As you say, a successful career as an agent requires dedication and commitment. For many, including you, the professional rewards are worth it. But we do understand that starting out in this career is not always easy. That’s why we offer new agents continuous training and support, to give them the advantages they need to succeed.
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