I was contacted by a recruiter that works for McAdam to attend one of their career sessions, so I thought it couldn't hurt to hear them out after speaking with her on the phone briefly. There were about ten other people at the session when I went, mostly recent grads. The VP of the branch led the session. He described the position and the company, how much money you could make, challenges and opportunities. He said flat out that it is a sales position and 100% commission. After he ended he left the room and you either decided to go for an interview or wrote off about an hour and a half of your life. I decided to go to the next level interview and signed up with the office manager.
The next interview was with one of the district managers. He made me wait about 15 minutes past our scheduled time, so I immediately lost some respect for him. Once we finally met he handed me a printed presentation full of details about the position and asked me questions while he explained each page. The questions weren't difficult, all were along the lines of how I thought I would do in the role and if I thought I would be a fast starter or not. Him going through the presentation lasted about 25 minutes and it ended with me asking a few questions to further explain some details. I could see he didn't like this. He immediately looked at his phone and watch, like he was in a hurry. I found out that I would be an independent contractor, have an obligation with ING for up to two years and I would have to pay McAdam for the use of a desk and phone each month. Finally, after hearing all that he told me he was going to let me move on to the next phase to meet with the VP.
I ended up not going to meet with the VP due to the fact they wanted me to provide them with a list of contacts to whom I could sell products. That, plus the fact I had to pay them to work there was sitting well. I spoke to some friends in the financial advising field and they told me there were better ways to get my foot in the door.