I worked for this company for 5 years. Leaving them is like leaving a Mafia family. They will destroy your reputation and break you financially. Only join this company if you plan to make this your last employer. They use the word, loosely, Independent Contractor. You are nothing close to that. You are mandated to turn out their Whole Life planning tool, and are compensated handsomely for that. If you sell a client a term or UL, that is if you can get the plan approved you are paid a third of whole life. They prey on the military and take advantage of our armed forces. If you leave the company they hold your compensation for a year and after that time they refuse to pay you, saying you are in breach of your Advisory Agreement. Currently they have lawsuits pending from previous Advisors, they just lost a $1.8 million case and are about to lose another 3. They have little regard for the Advisors and want them to be indebted to the company. The District Advisor is also compensated on your production and he or she has full access to all clients. He or she can disperse those clients at will and also take them away at will. If a client moves out of the area you are forced to give them up to another Advisor to the area the client has moved. This stops you developing a relationship with the client. They talk about your book of business, don't be fooled, you Dont have one, they do.
