Northwestern Mutual reviews

Too many to list. This job is a total scam and so are most of the people selling their products. I was brought on being told I was going to be able to make enough money to afford my life in a new city easily. Was not told that it’s 90-120 days for even 1 deal to go through and get paid. Training isnt fully even paid for. The pay you get for 1 deal is only like $100. When I asked my managers about how this was going to work out for me money wise I was told that everyone in this role is expected to debt fund their lives for at least the first year because you’re “starting you’re own business” but in fact you are not your own boss at all. You have weekly quotas and meetings you have to attend for the first 3-5 years. I was told to be working about 70-80 hours weekly at this job, basically harassing all my family and friends to be successful. Furthermore, I was completely lied to and deceived throughout the whole process and very very much regret taking this job. I was only there for a couple months because I could tell it was an absolute joke from the beginning. RUN from this job if you want to do anything worth while in the financial industry. I can’t say enough about how horrendous this job is.

Predatory, at least on the local side. You are highly encouraged to sell products to friends and family to start. If you don't have a strong support network ready to buy right away , good luck. No leads are provided, you find your own. As a "financial advisor," you are also going to be incentivized to sell products that are not in your clients' best interest. Your most profitable products are going to be Whole Life Insurance of some form, which happen to be terrible investments for anyone with incomes under the top tax bracket (even then, it's only slightly less expensive than taxable investing). Financial advisors get paid a large amount for these sales, so unsurprisingly it's the product they push the most. Interns are let go in as little as 2 weeks if they don't perform right away. Recruiters lead you on to believe that you "manage your own business" as a financial advisor. In reality, after a few years you need to pay for your own overhead cost. You literally will pay the company to sit at a desk or rent an office. You'll be pushed to hire and pay your own employees. Full commission, and if a client cancels their policy within a year you will get a chargeback. Around 10% of financial advisors will last 5 years. Incoming classes of new recruits will be around 5-10, maybe 1-2 will still be there in 6 months. Stay away if you can. Go to a reputable company and work as a fiduciary.