Northwestern Mutual Financial Advisor Pyramid Scheme Is A ?fact Or Fiction
Bythaway is a financial advisor who works for a competitor. It feels like a pyramid scheme over there. It's a hidden pyramid scheme for recent college graduates.
Our Approach Prothro Blair Financial, Wichita Falls, TX Wealth
I was just informing you that northwestern mutual isn't by definition a pyramid scheme, i don't care if you're mad about it, it's just a fact. Management will continuously pest you about buying. Discover the truth about this financial services provider and find out what sets it apart from other companies in the industry.
Equitable isn’t that bad but they won’t “hire” you until you.
They are basically blowing their reputation as a triple a. Nwm pairs new employees with managers to split commissions. I hate societal misconceptions but i will try my best to explain it. Mlms ask you to hire other people under you to sell.
You will call them and pitch yourself as a financial advisor needing clients. Northwestern is bottom of the barrel. The company pays for you to get your health and life insurance license, which is speed ran in. I'm really curious who at northwestern mutual thought that running this mlm style internship would be a good idea.
Our Approach GG & E Wealth Management Advisors, West Hartford, CT
No offense most financial advisor positions are, either glorified sales people or pyramid schemes
If you are good at sales there are much. Is northwestern mutual a pyramid scheme? Important to clarify that a pyramid scheme is a pyramid because the employees, not real customers, are the ones buying the product. Friendly environment, fun events though they don’t pay bills.
After, i decided to finally to do some in depth research and came across various posts on reddit and such describing the exact same experience, and how it was just a pyramid scheme. The more employees a manager can bring in, the more commissions they will make. No, it’s not a pyramid scheme are you kidding me? It appears to be a pyramid scheme/insurance sales type deal similar to northwestern mutual.
Our Approach Prothro Blair Financial, Wichita Falls, TX Wealth
Those are the only pros.
I'm sure they are a decent company, but i become immediately uninterested when someone wants to get my friends and family involved. The company is legitimate but its still basically a pyramid scheme selling expensive products to financially illiterate people. They’ve been around for over 150 years and offer legitimate products like.
Is Northwestern Mutual A Pyramid Scheme? Best Answers 2022
