Verified answer

Neither company offers a draw or a salary and this is stated at your first of several interviews. Neither company is set up to sell individual stocks, but can manage a rare stock buy or sell. Their primary goal is to make you sell insurance products but no one uses "Insurance Salesman" anymore, they use "Financial Adviser" because they've created so many variations of annuities that you really are selling more of an investment product than you are an insurance product. They train you to help plan a clients financial needs when they retire, whether with annuities, life insurance products, low risk mutual funds, etc... If you want to do a stock buy or sell for your client, you have to go through compliance, then make contact with a subsidiary of the company that does only that, make the trade, and go through something called a "DVP" transaction where the stocks are moved from the brokerage into your clients account and the money is taken out, but the commission charge on that trade will be such that either your client will fire you or will never make a trade through you again. Furthermore, you need several licenses, of which all but 1 are insurance licenses, even if it is called a "CFA" (certified financial planner). The Series 6 is for mutual fund products. Most wont ask you to take the Series 7 because that's for stockbroker's but involves all securities. If you insist on taking the 7, they'll let you, but they'll try to talk you out of it because the 6 is much easier and shorter and the 7 opens the door for you to A) try and sell stocks or B) get hired by another company.

No draws, no salaries, nothing. They make sure you are aware that at least 6 to 18 months may be required for you to have your expenses covered. That's why they love those either straight out of college, because they still live with mommy and daddy or those who already have client books, which all of them will hunt like vultures. They're all the same: Prudential, Hancock, Northwestern, Mutual of Omaha, Mass Mutual, etc.... If you want to have more options and freedom to really choose what's right for your client(s), then Merryll Lynch is the place to go right now after they were bought out, most of their key employees left, so they're trying to fill in the ranks and that's what Merryll Lynch is all about, their rank and file stock brokers with their Series 7 that can sell anything, including stocks, bonds, annuities, and most insurance products, but remember, insurance is state regulated so you always need a license for that state you want to sell insurance in. You also have to "blue sky" register in any state you plan on selling stocks in, but if you pass the 7, passing each states series 63 is a piece of cake.

it is not sparkling decrease than what context you like to renowned what's prudential. Prudential is the call of a company, Prudential economic, which covers existence Insaurance, Mutual Fund and so on. in case you're relating the context of Prudential worldwide Cup, the call become given by way of fact the worldwide cup become sponsered by using the Prudential team.