What are sales commissions like at Northwestern Mutual?

Tremendous long term upside, can create a business that makes great residual income with low overhead.

Your success is about 70% based on your age and social circle. The other 30% is your ability to commit to working hard everyday and having adequate reserves going into a 100% commission role.

The sales commission is very good from 60-85% commission on annual premiums. Investment grid is very handsome and can get as high as 95% of investment fees. Most tenured advisors might fall under the 60-70% grid rate. You build you own practice so you get to work with the people you like and can easily create your own schedule. Things get easier if you have a killer first 5yrs but each year is very grueling.

High high expectations that unless you're very disciplined, talented or have done the job before low margins of actually staying. Lower than 5% retention rate with the advisors I saw staying. It's a very tough job, leadership will help you a ton, but you have to grind at it for 5 straight years when everything is 100% commission

Got to reconnect with family and old friends

Title Says it all. Hard to make a living when you're new to the industry and are paid via 100% commission

Genuinely good products in the marketplace for Insurance and Investments.

Opportunity is oversold from the start. You don't receive your investment licenses until multiple months after your contract date. In the mean time, you are forced to turn over your opportunities to other more senior advisors who take 60% or more of your commission. Initial training is not on the investment and insurance markets or how to grow your business. Initial training is all about how many phone calls to your friends and family to make in order to "start your business". You then end up having to turn your closest friends and family members over to other advisors because you aren't licensed to sell any of the products. There is no mentoring or coaching, if you want any assistance, everyone there that can help you has their hand out looking for a majority share of your commission. Just an awful overall office environment where you feel used from the start.

The people that worked there were awesome and really cared about the people they were managing money for.

They push insurance sales so much. Their business model is “starting your own business” and is basically 100% commission of life insurance sales.

Income is 100% commission but you can make as much as you want based on your activity

Hard to get started and have to be willing to lean on your friends and family for business.

-work environment -flexible schedules -Meaningful work

-calling family and friends to sell them things -100% commission, mainly from selling life insurance

schedule autonomy, mentoring/guidance available from multiple sources, training & development provided, reimbursement for exams/trainings; lots of bonus compensation available in the first year; great foundation to learn the world of finance and how to help communities

not a ton of transparency or education around how our contract works/how we get paid; management is a bit fractured; commission base only so it's extremely hard to maintain consistency without already having savings or a partner with a lucrative job; a lot of upfront costs without timely payoff

Does offer health insurance; theoretically can make as much money as you want.

No retirement, 100% commission based

There is no better Investment commission schedule in the industry; Training program is comprehensive; Almost all licenses/designations are subsidized; Complete ownership of the work that you do; Retirement programs are incredible if you are a successful salesperson

Zero base salary; your pay under five years is 100% reliant on your ability to sell insurance products, and yes, Whole Life is a must if you want to eat; sink or swim atmosphere, there's no help sourcing leads or free clients.