Primerica

Quote from mschey:

It's a network marketing business. Like any other business they take a lot of time, effort, and tenacity to build. You can make money with it, you have to decide you want to do it.

I wonder how much more lucrative this would be, compared to a financial planning business?
More...

MORE lucrative than a true planner? It's not even close. I was a broker/planner at a major firm and Primerica is a joke. HOWEVER, their typical client is NOT a client that serious brokers/planners go after. In theory they have a niche there, but the way it is set up - MLM, Pyramid, etc. - is a joke.

Stay far, far away if you want to be taken seriously.
 
avoid it at all costs. They called me relentlessly in 2003 during the time when there was a job slump.

When asking about salary, they would always say "come into the office" I used to make appointments with them then not just show up to get them out of my hair.


It's the bottom of the bucket.
 
Whenever you have to give a credit card number on the job application, RUN as fast as you can!!!

I made the mistake of actually giving them my credit card number and they charged my account $200 for a training course that I did not attend. After the "interview", the next day I called to tell them I was not interested in pursuing it and they still tried to charge my credit card. Took some time, and letters to my credit card company, but they finally took the charge off.

What a pain in the ass. Don't get fooled.
 
Thanks for the tips.....I don't know what avenue to pursue now but atleast can trade my own account. This is very isolating though but cannot stand going back to a corporate politic place....just can't.
 
If I remember right, they are owned by Citigroup. The same company that owns Smith Barney. Talk about two ends of the spectrum.

I know people who work at Smith Barney, excellent company. I also have known individuals who worked at Primerica. I don't think too many of them were able to make the jump to Smith Barney.
:D
 
Quote from midlifeguy:

Hard to know what the hell to go into these days.

In the meantime, I will just trade my own account.

Does anyone know of a place that will allow you to have an RIA held there and fees taken out of your clients accounts that doesn't require a major book of business to be set up? (atleast initially).
More...

Check with www.hdvest.com they are a small BD with no high production quotas
 
You must log in or register to reply here.
Back
Top