What is the deal with all the "Financial Advisor" positions on LinkedIn?

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  • Ducati

    Gym, Tan, Laundry
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    Jul 6, 2021
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    I am looking for an entry level position at a commercial real estate firm in the Austin area and have been looking on LinkedIn and Indeed. There are so many "Financial Advisor" positions advertised within small firms selling life insurance and annuities that are simply pyramid structure telemarketing positions with little to no salary and all commission.
     

    pronstar

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    Jul 2, 2017
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    …selling life insurance and annuities that are simply pyramid structure telemarketing positions with little to no salary and all commission.

    Exactly that.

    It’s an unbeatable business model.

    Low overhead, people work from home.

    If your labor isn’t making you money, they ain’t getting paid.
    Which makes it easier to scale-up the business.


    Sent from my iPhone using Tapatalk Pro
     

    candcallen

    Crotchety, Snarky, Truthful. You'll get over it.
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    Jul 23, 2011
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    It seems to me that open jobs in real estate should be easily outpacing the applicant pool.

    They are also commission based too I hear.
     

    dsgrey

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    Oct 25, 2015
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    Denton County
    I am looking for an entry level position at a commercial real estate firm in the Austin area and have been looking on LinkedIn and Indeed. There are so many "Financial Advisor" positions advertised within small firms selling life insurance and annuities that are simply pyramid structure telemarketing positions with little to no salary and all commission.
    Son in law tried that 2 years ago. Promises and numbers mentioned that nobody ever made! He lasted the longest out of his group and that was 3 months. I'm sure there are some decent jobs but all those commission jobs where your coworkers are always new is a red flag.
     

    BRD@66

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    Jan 23, 2014
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    Liberty Hill
    Have a gôddämn job in hand before you move here. Just a tip to make life easy and all that.
    Or just trade some of the equity from the sale of your zillion dollar CA house for a $100k house in TX (that you paid $200k for) & retire on the remaining equity - like lots of CA2TX folks do.
     
    Last edited:

    toddnjoyce

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    Or just trade some of the equity from the sale of your zillion dollar CA house for a $100k house in TX (that you paid $200k for) & retire on the remaining equity - like lots of CA2TX folks do.

    Those bastards are the worst. Got a couple in our neighborhood complaining about property taxes. Well, you did it to yourself there, buddy and my bill increase is collateral damage.
     

    Aus_Schwaben

    First to know - Last to care!
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    5   0   0
    Jan 31, 2019
    3,142
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    Abilene, TX
    Those bastards are the worst. Got a couple in our neighborhood complaining about property taxes. Well, you did it to yourself there, buddy and my bill increase is collateral damage.
    Yep, with all of the McMansions and McRanch houses popping up property "values" will go through the roof which means higher taxes for the rest of us. I hate to recommend anything from Maryland but their mud tax leaves current property owners with some protection while adding additional costs on the buyers of new homes - to cover the increased infrastructure costs of the new homes instead of putting the costs on the current residents.
     

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