Insurance Agents Pretending to be Advisors - Financial Representative Lifetime Financial Growth Employee Review

- Team environment - Growth opportunities - Career development - Mentorship - Great leadership

- Pay is low in first years - Need to be able to see big picture - All on yourself

Pretty minimal. The underlying insurance company, Guardian, has really good life insurance products - that's about the only true positive. They offer health insurance, but it's super expensive and you can get it for a better price on the open market through the ACA and open enrollment. They also offer a salary, but they won't pay you much more than your renewals and they will turn off your salary any chance they get, it's not really worth anything because it's a draw that cuts out if you fall so much as $3k behind. They basically offer a $3k line of credit.

I'd be very cautious about signing the FR contract. The FR contract allows them to keep your renewals if they terminate it and you would be far better off just going with a broker contract. The training they offer doesn't produce successful agents either. I have a successful advisory practice that I just moved into an independent broker-dealer and still didn't meet their contracts terms. They don't count any securities business toward your FR contract and the underwriting on their disability insurance makes it really prohibitive. So, unless you plan on selling an insane amount of whole life insurance, don't plan on meeting the contract minimums. They love pitching themselves as a firm that "does it all," but it's really all about the whole life sales. Remember, whatever you do sell, they are going to keep the renewals even if they keep you on as a broker. My advice is to build your practice somewhere else.