Vantaggi
You have the ability to work hard and see the results through increased commissions.
Svantaggi
There was no other location for me to explain the salary system, so I'll do it here. Prior to starting you must pass your series 7 & Maryland Life, Accident and Health tests. During this time you are not paid & you must pay for these test (~$700, but you will get about ~$500 reimbursed after 3 months of being fully contracted.) Once you start working, your first month you are paid hourly, but must work 40 hours per week (no more, no less), I received $1,400 for the month + commissions (I did not make any commissions yet and it would be difficult to do ). For the next 2-6 months, you are not making any money except on commissions. After you make $3-$5K, then you are done with your Pre Employment Phase (PEP). 3 months from now you will receive that $500. Now you make a decision to either be on a 3 year track to make a decreasing salary or decreasing bonus. I believe the salary starts at $24K then reduces by about $4K each of the next to years. The other system starts you making a 30% bonus on all commissions which decreases (I believe) by 5% each year for the next 2 years. Either pathway focuses your income from comissions.