My understanding is that they lowered the (highest) new agent starting contract to 70% last summer. 70% is paid on MOO's Term Life Express and Am-Am's Home Certainty. Equis pays 60% on Forester's Plan Right (for age 50-80) and it plummits to only 30% (for age 81-85), AND Equis keeps all of the new agent's annual renewals on Forester's business.
Barry Clarkson (previous partner in N.A.A.) is the President and CEO of Equis and they've kept the basic N.A.A. business model.
ETA: Other N.A.A. spin-offs include Symmetry Financial Group and Invida FN. Both are run by ex-N.A.A.ers who have copied the N.A.A. business model and serve plenty of kool-aid.
So I am thinking of joining this company but doing my research first, so far it does not sound as good as I thought. If a carrier pays a 100% commission on a product an Equis pays their agent a 50% commission, does that mean that Equis is keeping the balance??????