jobbite
I was told that I would be trained as a "Finanical Planner." One week was all the training there was for all of us. My GM was a liar. He did not tell me I would have to pay for everything! Direct mail, office phone, everything. My current NYL agent (I am on my fourth agent) has provided the worst finanical advise, in fact, all of them have. Do your own reserach of insurance, stocks, and bonds. Use Scottrade to buy stocks, not NYL's Mainstay Funds (4.00% loads for most funds). Buy term insurance and invest the your money elsewhere.
If you have lots of money saved up until you can build up your base ($200,000) and an MBA, do not work for NYL!
As an intern, you work directly with a financial adviser, assisting them with their daily tasks. Good for anyone who plans on making financial advising their career. Must be entrepreneur-spirited, a good salesman, and willing to work for commission. Company is known for having one of the best training programs in the industry. Pay has high potential.
