Anyplace that offers LLQp and CSC/IFIC Hi I am not sure if this is the right forum but if not, mods pleave move to the right section.... I wanted to know if there any companies out there that cover the cost of the course for csc/ific and llqp Any advice would be greatly appreciated. Thanks |
Most financial institutions that have an investment or insurance arm would likely cover this however it will depend on each company's benefit plan. Typically you have to be working in a position within that institution first. If you're looking for a place to train you from the get go (like in that movie with Will Smith) you can look at places like Edward Jones etc. |
Any brokerage will offer that. Depending on the institution though, you may have to pay for the course yourself, which will depend on the firm. The reason for that is because the turnover is VERY high in the insurance/investment industry. Basically it depends on whether you to run salary, salary + commission, or straight commission. |
Correct me if I am wrong but as far as I have gathered these are types of jobs are straight commission. Do you know of any firms that have a base salary + commission structure? I am looking into two major firms sunlife and Investors group at the moment. I believe they make you sign a contract... |
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Most of the decent jobs in brokerage houses are going to be commission based. Not to sound like an asshole but it's a very demanding industry. As mentioned, the burnout rate is unreal. Most of the people who do it fail at it. You also need to decide if you're going to be a planner or a broker. It sounds like you might be in need of a bit of job shadowing. The investment world pays very well to those who do well but it's a bitch to get there. I worked as a planner and was lucky enough to stay in the industry while moving to a different roll to make the big money. I'm one of very few and I admit most of it was just being at the right place at the right time. |
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