Northwestern Mutual reviews

I spent almost 2 years as a financial advisor at this company. I've learned a few things: 1. They do not care about you- They care about money 2. If they sell this to you as a "limitless income" opportunity, know that this comes after year FIVE. 3. If you can live without getting paid for the first 3 years, you will be fine. 4. Leadership SUCKS. SUCKS. They will tell you to get referrals and you are failing because you didn't get enough referrals. 5. You are not a real financial advisor. You are a glorified life insurance agent. And the ultimate goal is to sell as much permanent life insurance as possible because it makes THEM as much money as possible. Everyone makes money off of you- your field director, your managing partner, joint work- seriously do anything else but this. Start somewhere independent. A real financial advisor doesn't have to sell insurance to make a paycheck. The investment grid rate SUCKS. Lowest in the industry. They want you to sell INSURANCE ONLY. STAY AWAY PLEASE. Seriously. Don't fall for it. 20% of your business WILL reverse. Meaning you owe THEM MONEY. You are fined 1K if you don't pass your series 6 and 63 within the first year. You are fined your second year if you don't hit your numbers (there is a monetary amount of premium you have to write or you are fined) They will not tell you any of this. You will sacrifice a lot for very little. They sell this career as a way to make limitless income potential and it can be- but only 10% of people who start will make it 5 years. Less than that will make it over 5. IF you are smart you become a fiduciary, that is where the real money is.

Toxic! It’s unhealthy. It’s draining and stressful. Straight cold calling to people that never pick up the phone or will curse you out. It’s not financial planning, just selling whole life insurance. It’s really a numbers game. I wouldn’t want to work for a company that’s so numbers driven that they forget about their employees that’s slaving over the phone for them, while their out having personal trips or at home chilling with their feet propped up. Not only that, they will quickly terminate you if numbers not up. Like you can’t blame the workers because your suspect clients isn’t picking up the phone. They will use and abuse the interns to set appointments for them. They also switch up from the initial contract that was given. So when you start, the contract may say one thing to reel you in, but after while they start switching it up. If you decide to take the job, still have another job on standby. I got so many people that told me good luck on the phone and wasn’t interested or pulled their money away from Northwestern Mutual. I’m glad God decided to shift me to better. This was too toxic. I knew it was unhealthy when I had to pop Benadryl at night just to sleep from the stress and to have peace. Stay away! I’m just trying to save somebody from the headache.