Traditional Product Agency
Prospective Regional VP (Former Employee) – North Carolina – January 11, 2019
Old school insurance agency model with modern spin. Not in line with current, and certainly future, of financial advising. Highly product focused and commission dependent. Creates more of a "Have and Have Not" culture for agents, then reward for hard work and doing right by the client.
Plenty of good talk from managers, but little to back it up as an organization. Unless you reach a high level of production (which I suspect would offer similar rewards anywhere), expect extra struggles. You will be charged expenses to remain employed, you will receive bonus payouts primarily on proprietary products only, and if you create a large, passive income, renewal based book, then do not assume you will even have benefits.
Benefits(if you qualify), Upside comp(commission only), Autonomy
Operations, Mgmt., Pay structure