What companies have the best training for a CFP beginner
- Thread starter wolfe42
- Start date
- 11,277
Are you looking for education providers for passing the CFP exam?
Or are you looking for training to become a financial advisor?
Or are you looking for training to become a financial advisor?
- Thread starter
- #3
- 11,277
Most companies have some kind of training program, but they still have a significant "wash-out" factor. I'd primarily look for a prospecting program, because it doesn't matter how much they teach you about insurance or investments, if you can't get in front of enough people... it won't matter.
Investment-focused: Merrill Lynch, UBS, Morgan Stanley, Wells Fargo Advisors, Edward Jones, Ameriprise, AXA-Equitable
Insurance-focused: New York Life, Northwestern Mutual, MassMutual, Guardian, Prudential, Ohio National, Penn Mutual, Securian, etc.
If it were me, I'd look for the company that would have the best support for how I see myself prospecting and marketing for new clients.
Edward Jones has a uniform prospecting approach for everyone: door knocking. But there's no reason why you can't door-knock anywhere you want (subject to local laws).
Securian (last I heard some time ago) will compensate you for your ACTIVITY - so that's just about as good as a 'salary'.
The investment firms will typically have a salary for a period of time while you work towards your hurdles. Insurance firms generally don't.
Everyone else is either "figure it out yourself" and/or Project 200 (who do you know).
The knowledge is secondary. As said in The Pursuit of Happyness: "You reel them in, we'll cook the fish."
Investment-focused: Merrill Lynch, UBS, Morgan Stanley, Wells Fargo Advisors, Edward Jones, Ameriprise, AXA-Equitable
Insurance-focused: New York Life, Northwestern Mutual, MassMutual, Guardian, Prudential, Ohio National, Penn Mutual, Securian, etc.
If it were me, I'd look for the company that would have the best support for how I see myself prospecting and marketing for new clients.
Edward Jones has a uniform prospecting approach for everyone: door knocking. But there's no reason why you can't door-knock anywhere you want (subject to local laws).
Securian (last I heard some time ago) will compensate you for your ACTIVITY - so that's just about as good as a 'salary'.
The investment firms will typically have a salary for a period of time while you work towards your hurdles. Insurance firms generally don't.
Everyone else is either "figure it out yourself" and/or Project 200 (who do you know).
The knowledge is secondary. As said in The Pursuit of Happyness: "You reel them in, we'll cook the fish."
- Thread starter
- #5
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