Newcomer here

or Register to post new content in the forum

51 RepliesJump to last post

 

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Dec 14, 2008 5:45 pm

I feel like this is a dream come true.  I was talking to a guy who works in the financial industry this past week and thought that it was just basic small talk, but it turns out he's an RVP at Primerica.  I've never had any experience in finances or anything like that (currently an administrative assistant at a major corporation), but he mentioned that I seem to have the drive to succeed and people skills that would be necessary to make well into the 6 -figure category at his firm within 2-3 years.  He mentioned that Primerica is one of the most well-respected companies in the industry, which is VERY important to me, and all I need to do is learn a few products and I should be ready to go in just a few weeks.  I gave him some initiation fee that pays for my licenses and stuff, so once my licenses and registrations arrive hopefully in a week or so, I will be ready to sell just like all the other head-honchos on this forum! 


My only question is has anyone had any prior experience with Primerica, and is it a place that many of you aspire to get to once you've built your resume up a little more or is it more of a local company that thrives PRIMarily (no pun intended!) in my area of the country? 
 
Thanks in advance for your responses.
Dec 14, 2008 5:59 pm

You paid an initiation fee for your licenses?  What about the tests?  How are you going to sell in a week or so without passing the tests first?

 
Not to violently burst your bubble into a million little pieces, but every experience I've had with Primerica clients shows me that this a sub-par firm that limits what the advisor can do and sell.  I would never want to ever work for that company and I would not advise anyone else to either.
 
If this is a dream come true for you, I would research things a little more.  But, seeing how you already paid an initiation fee after meeting this guy in the last week without doing proper due diligence, you deserve whatever hell you're about to put yourself through when you find out Primerica isn't what you want.
 
By the way, I might add that if you pay anything in the form of an initiation fee for your licenses, you're probably getting duped.  No solid firm makes you pay upfront for that stuff.  The more and more I think about it, I can't help but feel sorry for your naivity in this situation.
 
 
Dec 14, 2008 6:30 pm

Even though your post is fake ... I know you'll kill it there!

Dec 14, 2008 7:12 pm

oh boy, here we go.
you poor thing you

Dec 14, 2008 8:56 pm

haha is this a joke? it has to be....i just hope that i can aspire to work there when i build my resume up. lol

Dec 14, 2008 9:00 pm

I suspect Putsy's been into the rubbing alcohol and off the Alzheimer's meds. 

Dec 16, 2008 4:48 pm
snaggletooth:

You paid an initiation fee for your licenses?  What about the tests?  How are you going to sell in a week or so without passing the tests first?

 
The initiation fee was to pay for the licensing.  I should have just said 'licensing fee'.  I'll take the tests in my spare time, they said I have a 180 day window. 
 
Not to violently burst your bubble into a million little pieces, but every experience I've had with Primerica clients shows me that this a sub-par firm that limits what the advisor can do and sell.  I would never want to ever work for that company and I would not advise anyone else to either.
 
If this is a dream come true for you, I would research things a little more.  But, seeing how you already paid an initiation fee after meeting this guy in the last week without doing proper due diligence, you deserve whatever hell you're about to put yourself through when you find out Primerica isn't what you want.
 
I didn't pay him right away, I thought about it for a little bit and concluded it was the best direction for my career.  I can learn the business as I go, and the hardest part will be learning which investments suit people of all different ages and timespans.  If I'm able to limit myself to 50-60 clients in the first year, my RVP told me I should have enough time to spend on each case and give each person the attention they need.  He also said I may hear some negativity from some people in the industry about Primerica but it is like that everywhere.  We're all competition so of course each person doesn't think every other firm is the best.
 
By the way, I might add that if you pay anything in the form of an initiation fee for your licenses, you're probably getting duped.  No solid firm makes you pay upfront for that stuff.  The more and more I think about it, I can't help but feel sorry for your naivity in this situation.
 
I figured I probably worded my description of it wrong.  "Initiation fee" was probably not the best way to describe it, but I thought everybody in the industry paid a cost upfront to go through licensing and whatever processing and administration stuff they do to get me set up so I figured you all would understand what it meant.  My fault on that one.
Dec 16, 2008 4:51 pm
airisthere:

haha is this a joke? it has to be....i just hope that i can aspire to work there when i build my resume up. lol

 
What do you mean about it being a joke?  Do most people usually have to work their way up to a firm like this?  It's not a joke though, the RVP literally gave me an offer on the spot.  I was floored when it happened too, but I guess that just puts more pressure on me to perform starting ASAP!
Dec 16, 2008 4:58 pm

I can't stop laughing.... Or crying I am not sure which right now...

Dec 16, 2008 5:03 pm

how old are u bigmoney? I'm just curious

Dec 16, 2008 5:08 pm
Bigmoneyhoney:
snaggletooth:

You paid an initiation fee for your licenses?  What about the tests?  How are you going to sell in a week or so without passing the tests first?

 
The initiation fee was to pay for the licensing.  I should have just said 'licensing fee'.  I'll take the tests in my spare time, they said I have a 180 day window. 
 
Not to violently burst your bubble into a million little pieces, but every experience I've had with Primerica clients shows me that this a sub-par firm that limits what the advisor can do and sell.  I would never want to ever work for that company and I would not advise anyone else to either.
 
If this is a dream come true for you, I would research things a little more.  But, seeing how you already paid an initiation fee after meeting this guy in the last week without doing proper due diligence, you deserve whatever hell you're about to put yourself through when you find out Primerica isn't what you want.
 
I didn't pay him right away, I thought about it for a little bit and concluded it was the best direction for my career.  I can learn the business as I go, and the hardest part will be learning which investments suit people of all different ages and timespans.  If I'm able to limit myself to 50-60 clients in the first year, my RVP told me I should have enough time to spend on each case and give each person the attention they need.  He also said I may hear some negativity from some people in the industry about Primerica but it is like that everywhere.  We're all competition so of course each person doesn't think every other firm is the best.
 
By the way, I might add that if you pay anything in the form of an initiation fee for your licenses, you're probably getting duped.  No solid firm makes you pay upfront for that stuff.  The more and more I think about it, I can't help but feel sorry for your naivity in this situation.
 
I figured I probably worded my description of it wrong.  "Initiation fee" was probably not the best way to describe it, but I thought everybody in the industry paid a cost upfront to go through licensing and whatever processing and administration stuff they do to get me set up so I figured you all would understand what it meant.  My fault on that one.
 
Read between the lines...that's where the real information is.  The lines, in this case, are your words.
Dec 16, 2008 5:21 pm
airisthere:

how old are u bigmoney? I'm just curious

 
31
Dec 16, 2008 5:24 pm
Bigmoneyhoney:
airisthere:

how old are u bigmoney? I'm just curious

 
31




...and your measurements? Height? Weight?

Dec 16, 2008 5:42 pm

I think Primerica is the only MLM program that my wife hasn't hosted a party for.  We've had Pampered Chef, Tupperware, Arbonne, some sex party stuff (the only useful one she's had as far as I'm concerned), Uppercase Living, and some others that escape me.  When she decides to have a Primerica party we're getting a divorce.  

Dec 16, 2008 5:45 pm

(Warning Jones Joke coming) When she decides to have a Primerica party we're getting a divorce Is that really that for off from Jones (well except the individual bonds)

Dec 16, 2008 6:40 pm

That's just plain mean.

Dec 16, 2008 8:03 pm

No, Ice is absolutely correct about this one.  Primerica is king.  I have a nice practice and over the course of the last 7 years, I've interviewed with them 3 different times and never made it to the second interview.  They're highly particular.  I'm thinking about trying again this year.  They're part of Citigroup!  The naysayers are just jealous.  They've done an incredible job of ridding the country of the evil whole life products ever since they were A.L. Williams.  Now, their reps are unstoppable.  I'd work for free for a year just to learn their system and have a chance to get a paying job with them.

Dec 17, 2008 11:10 am
Spaceman Spiff:

I think Primerica is the only MLM program that my wife hasn't hosted a party for.  We've had Pampered Chef, Tupperware, Arbonne, some sex party stuff (the only useful one she's had as far as I'm concerned), Uppercase Living, and some others that escape me.  When she decides to have a Primerica party we're getting a divorce.  

 
MLM?  Primerica is a brokerage house.
Dec 17, 2008 11:12 am
anonymous:

No, Ice is absolutely correct about this one.  Primerica is king.  I have a nice practice and over the course of the last 7 years, I've interviewed with them 3 different times and never made it to the second interview.  They're highly particular.  I'm thinking about trying again this year.  They're part of Citigroup!  The naysayers are just jealous.  They've done an incredible job of ridding the country of the evil whole life products ever since they were A.L. Williams.  Now, their reps are unstoppable.  I'd work for free for a year just to learn their system and have a chance to get a paying job with them.

 
Lol, I know it may be tough, but don't blow it out of proportion!  One thing that did intrigue me, and you're right, is the whole life vs. term.  It definitely made sense when my RVP explained it to me, and its a shame that so many people out there are using whole life when its just an expensive alternative.  I haven't met any of the other Primerica advisors though, but I'm sure the 1st couple days in the new office will be pretty intimidating. 
Dec 17, 2008 11:34 am

Did that guy really say Primerica was a premier brokerage firm?  I think he's really the RVP, trying a new recruiting techinque....good luck brother.