Financial Assistant (Former Employee) – Toronto, ON – 8 November 2017
Very flexible place to work, the daily routine consists of meeting clients, organizing portfolios and scheduling future meetings. You can work from home even. Commissions based salaries mean you have to work for your pay cheque, seeking new clients and expanding your network constantly.
CONSULTANT (Current Employee) – Edmonton, AB – 9 October 2017
You must be completely committed and work your butt off. The company does good work for people and as a consultant your biggest challenge will always be getting in front of enough people. But if you are consistent with your prospecting efforts, you'll make enough money to hold out until you can buy some assets and continue to grow your practice.
Financial Advisor (Former Employee) – North York, ON – 5 October 2017
Great training in financial service industry, good for people who is good at cold calling and prospecting. They offer a good first year new people bonus program but not sure they still have it for now.
good training and good bonus program for new people
Call Center Rep (Former Employee) – Ottawa, ON – 23 September 2017
Call Center Rep Investors Group (September, 2005 – December, 2005)
• Solicited customers to attend meetings and seminars to help reduce taxes and improve their financial investment planning. • Organized seminars to host clients and new customers. • Developed invitations for new and perspective clients. • Assisted in the development of financial plans to help clients meet their retirement needs
Professional sales/Investment broker (Former Employee) – Calgary, AB – 21 September 2017
A typical day was starting on the phones calling for new prospective clients. I learned the inner financial workings of large business.. the management at this company was very supportive and helpful always offering help and positive feedback. I still have many friends from this company. The most enjoyable part of this job was creating a full week of meetings with ongoing and new clients, Golfing with clients and of course signing deals.
Consultant (Former Employee) – Greater Sudbury, ON – 20 September 2017
Typical day of work make 200 phone calls have 20 people answer and 18 of 20 hang up right away.
Attempt to convince the 2 to come in and discuss personal finance topics they are not comparable sharing with someone they hardly know.
Prepare an in depth financial analysis of their position and recommend them reasons to choose you as their adviser.
Hardest part of the job is putting people in DSC funds just to earn a commission from doing business. (to get paid) when it would have probably been better to place them into No Load funds for them no upfront commission.
Financial Advisor (Former Employee) – Edmonton, AB – 10 September 2017
Only a good business opportunity because they instruct you to get your Mutual Fund license first. Once you have that license, you cannot go and find another job to supplement your purely commission-based income. As a new hire, they need to understand that it can take some time for people to get their practice up and running. You better have a spouse or a partner who has steady employment and can support the household while you get your career up and running. Not recommended for single people who rely on a steady income to support themselves. You will go broke fast if you don't have what it takes to hustle and find rich people willing to invest. Most families I helped were up to their ears in debt and were looking for help to get out of it, not to invest. Did mostly loan consolidations through home equity loans or re-mortgage.
freedom of workday schedule
No flexibility in employment options to support a commission income