2.0
Oct 5, 2010
Anonymous employee
Former employee
Miami, FL
Recommend
CEO approval
Business outlook
Pros
Great pedigree Great analytical market research Benefits were ok Some of the sales skill taught were useful but most were a waste of time
Cons
This place was churn city, they would take in new FA's and have them bring in all their friends and families money. Once there they would place unbelievably hard asset goals, knowing that just starting out it is nearly impossible to meet the minimum assets under management and then fire the new hire after 10 months, keeping the accounts and distributing them to te top brokers in the office. Pay was not adjusted to locality and was almost impossible to live on the salary given while trying to obtain critical mass in assets.