Pros
-Everyone is nice and more than willing to help especially joint work because the joint work partner will get half the commission. - they will provide you with good advise to succeed but only IF you can find a market and a GOOD market at that right away. -They pay for license and training material.
Cons
- Cold calling family, friends, and referrals. -They say there isn't cold calling but essentially its what your doing. -Don't expect to get paid for months. - should have close to if not more than 15k saved up before starting. - If you leave they will bill you for network days and insurance. - they expect you to work 12+ hours a day -very much micro management even though they sell you on the idea of "owning your own business and schedule" you will have to show up for "mandatory" things. They can't say mandatory but basically if you don't show up they will let you go. - They will sell you on the idea that your going to make 200k within 3 years. Don't drink the Kool-Aid. Several advisors while I was there were moving in with their parent, getting foreclosure notices, barely scrapping by and they were doing everything required if not more! - you have to meet minimum requirements to work there. Therefore not owning your own business like they claim. - Pretty much everything they sold me on to get in the door was not accurate and several advisors were complaining to me when I started about how much its not like anything they tell you. - Even if you made a sale you had to wait several weeks before seeing money due to underwriting and paperwork. -basically to succeed you need to be cold calling constantly, have no personal life, and no bills to pay. They tell you right away in training you should be working 12+ hours a day and a minimum 5 days a week to succeed. They think 2 hours a day with your family is enough.