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Firms are not creditable, that's the advisor's job.

Think of where you would like to be five years down the road or so and pick one that will get you there.

Thanks Mr. DeBolt

W&R has a bad reputation.  I know nothing about First Investors Corp.  MassMutual is credible.  There is no reason why you can't earn more than you are currently earning in your first year.

There are some definite negatives with W&R, but I don’t think they have a bad reputation. I think the same goes for First Investors. Their payouts are crap, they have mostly proprietary products and if you want to move your book, your clients will have to pay some ridiculous termination fees. They also won’t pay you much (or anything) when you start out.

But, if you do your homework, it’s all spelled out from the very beginning. They aren’t dishonest…just lower-low-tier. Lots of college students opening up $2,000 roll-overs.

note: I’ve interviewed with both and actually liked the local W&R guy. Just didn’t like the proprietary, mutual fund-only focus. FI was a few years back…I think they just churn recent college grads (just like my local NWM office).

what about that gunnell place?

gunnell?

“lead” peddlers by default. There is no doubt you will begin to get calls that offer “leads” after being registered. These lists are allegedly of people 55 and older that want to talk to an adviser about moving their 401k into IRA’s etc etc etc. I don’t know why but a lot of people call a name and number a lead. It’s not a lead it’s a record. There are very reputable firms that sell lists BUT they are not claiming anything beyond it being a record.