Pros
Free coffee? I read all of these reviews before quitting my other job to take the Financial Advisor role. I thought it was just salty people but all the cons are very true. I left a good job and am paying the price for it heavily. There are not any real pros that I can think of honestly. If you sell used cars this is the career for you. If you can convince people they need a red car when they want a blue bike, and not feel bad, then you will do very well in this field. You have to be a pro trickster.
Cons
They expect you to become your first client. They expect you to sign up your parents and friends regardless if they need insurance. Leverage personal relationship to the point of no return. Lose friends and family. Investment clients do not count towards your minimums. Only life insurance clients count towards your minimums. There are minimums that are extremely unrealistic for your first 5 years. Only 6% of advisors make it through one year at Northwestern Mutual. After your first year you need to pay them around $1,500 a month just to work (office, phone, and computer rent). They make it seem like the stipend is easy - only one person in the history of the company has gotten it every week. They hire around 250 advisors a year just in LA. Recruiters have minimums as well. Coaching is offered by people who have never been a financial advisor, or rep., making it a waste of time and effort. You will be more confused and frustrated after the coaching sessions, which is another hard thing to deal with. I called and emailed over 4,000 people. You have to be ok making 100 calls a day. **NONE OF THIS IS TOLD TO YOU UNTIL YOU SIGN THE CONTRACT**