Pros
- Great things were promised - You set your work hours (kind of)
Cons
-Long hours at the branch: Originally this was going to be a flexible schedule job. Mangers then began mandating that we schedule 8 hours a day at a branch, despite not having any designated workspace or reason to be there. You are not a mobile advisor; your client has to meet you at your branch when you make a sale. We have been promised many times that this will change. We are supposed to source business from outside all while staying inside the branch for the entire day. -Endless cold calls: Virtually all of the business comes from cold calling. If you do not enjoy doing this all day, you will not enjoy this job. You also do not get your own phone line or desk, so calling is often done in random places like lunchrooms or the branch lobby from your own cell phone. -Compensation: This job does NOT pay commission, as you may be told. It is quarterly bonus income paid after a long vesting period, and only if you are still working there when it is payable. -No teamwork: Nobody at the bank has any incentive to refer to you. All investment referrals from branch go to TD Wealth. You are on your own but still expected to be in the branch in case your manager decides to “check in” on you. -Unrealistic sales targets: Managers are extremely preoccupied with sales numbers on a daily basis and apply pressure to the entire team when their business targets aren’t met. Advice: Stay away and seek a more established equivalent position at another bank.