Financial Advisors

Mass Mutual: how’s comp? Culture?Thoughts?

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They’ll give you good training but in return take over 50% of the comp you should be making and push you to sell all proprietary life products as that’s how the GA makes money

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They have been aggressively trying to recruit me and promising the best comp and my own appointment-setter. It sounds too good to be true

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OP what firm are you with now?

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They don’t have the best Comp. 1st year there’s a very high training allowance but after that not so good. Maybe that agency has an appointment setter but if that actually worked then everyone would be doing it. The hardest part of this business is making appointments. If that were truly solved it would be a game changer for the industry. The banks have it easier but that’s why they pay so little

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Is 37% really that little? Most wires I thought were at 40%. My appointments in n the bank come a lot easier than a wire for only a 3% cut in comp.

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