Vantaggi
Good benefit package. Independence. Brand recognition.
Svantaggi
First and foremost, the technology (if you can call it that) is archaic and unbelievably outdated. There is no “ease” of doing business, even the most simple and mundane tasks like opening an account are complicated. Clients and advisors can find better investment tools for free online anywhere. Management and support are non-existent. They make it easy to sell anything proprietary (Prudential Products), but much more difficult to sell financial and insurance products from other providers. Call wait time for head office support is ridiculously long. When you reach out to a manager for help or support they refer you to someone else who refers you to someone else. It gets very frustrating. They show you a great compensation package when you start. However, they fail to tell you about all the expenses and costs they deduct from your pay or about all the high out of pocket costs you are directly responsible for.