Waddell & Reed Reviews

This company is a marketing sales engine. Your not expected to know anything about finance at all. You're expected to pay for your licensing and build your client list out of thin air. Expect to preform high pressure talks to your family and friends and "centers of influence" then start cold calling people. Please know that this is a "sales job" with high pressure pitch tactics. Management only cares about your minimum sales figures and you'll get fired if you cant get accounts opened. Management focuses on getting new recruits. Your "sales script" and "elevator pitch" is proof enough that this position is not about finance, it's about getting sales and accounts, that's it. They look at you like a you're a used car sales man, because that what you have become.

-It's misleading and dishonest -Gullible victims (often those who are looking for a job) -They'll tell you that you'll be the financial advisor, more like they will sell you useless stuff to bring more recruitments. -They don't really sell their products or services. Instead they spend more time recruiting others and doing recruitment training. So while they claim the company is profitable because of their wonderful products, no one seems to be making selling products a priority. -This company require you to pay a training course fee... You mean you have to pay a company for you to work in it and potentially not see any returns? -There's no interest in the product in MLMs, it's about you, the recruits. The real money is made by signing people up to sell the product, not actually selling the product, which the company does with the full knowledge that 98% of those will not see their money back. And eventually you will run dry from your friends and family contact list. I knew this is too good to be true, and "nope" the heck out of there.