Pros
Benefits, all brochures and client handouts are given to you free of charge, E&O is paid , freedom of schedule and don't have to report to an office every day.
Cons
You are told that your income is "limitless" as it is a commission based business but you give 2/3 of the commissions to the company and they have set the bar so high you are unlikely to ever make more. Likely salary in year one , less than 35K. You are also told you will be given a "book of business" but it's an old list of generally dissatisfied clients who have had 6 or 7 other advisors before you and has been churned and sold any possible product. There is nothing left to do with them but fill out administrative forms and you are paid ZERO on that. You run around and drive to all the schools ( no gas expense) and are expected to sit in teachers lounges and jump on them when they come by to sell them an annuity. Most of the teachers are low salary and most already have accounts. You are expected to convince them to transfer over those other accounts when they've had a relationship with another advisor at another company for 15 years. Good Luck !