Vantaggi
If you are high enough in the MLM stack, you can make a decent income.....as long as you fool yourself into thinking it is somehow OK to fool other people into thinking they can all be as successful as you, even though it is mathematically impossible for everyone to earn even a modest income - most "recruits" are students, foreigners, and people in the worst position to be offering financial advise to anyone, and drop out early - and this is necessary for the model to continue to function
Svantaggi
- MLM is the new name for a pyramid scheme - you ARE making money from people under you, and people under them, and people under them..... - you will spend more time "growing your downline" by recruiting than learning about the financial industry and becoming a good financial advisor - if you do rise high enough, you will be spending more time managing the churn than learning about the financial industry and becoming a good financial advisor. - you will become good at exaggerating your skills as a "financial advisor", exaggerating your own personal wealth to attract potential "downline" clients - your only real use will be selling insurance and somewhat crappy funds - clients will find no value in this unless you break out of the WFG mold, crack open some books, and actually become a certified financial planner on your own (WFG doesn't spend much time advocating this)