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True Path Financial and Insurance Services

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Ideal Starting Point for New Financial Advisors - Financial Advisor True Path Financial and Insurance Services Employee Review

5.0
3 Jun 2024
Recommend
CEO approval
Business outlook

Pros

- Excellent management and mentorship from Michael Byrne. - Fun and supportive work environment. - Opportunity to complete key certifications (Series 7, Series 66, Life & Health). - Competitive annuity payouts and AUM grid. - Insightful and practical one-on-one roleplays. - Own your book of business

Cons

- Compensation is primarily commission-based, which might be challenging for new advisors. - Industry-wide high turnover rate. - Limited base salary, especially in the initial stages.

Explore other reviews about True Path Financial and Insurance Services

5.0
18 Jun 2025
Recommend
CEO approval
Business outlook

Pros

Very strong training and help when you need it from other advisors or management.

Cons

Tough industry working mostly commissions

1.0
13 Aug 2025
Recommend
CEO approval
Business outlook

Pros

If all you care about is making money, you can make $30k/mo with hard work, great personal connections, and high pressure sales skills.

Cons

Very toxic environment from top down. It’s starts with management. Their business model preys on new hires. You create a list of 200 personal contacts and hammer them on the phone until they buy life insurance or annuities. National Life Group pays them 120%-140% commission on annual premium, but they only pay you (the agent) 50%-80%. Once you run out of your warm market leads they don’t provide you with more leads and you’re on your own to bring in new business. 75% of new hires don’t make it past 1.5yrs. You’re pressured to oversell life insurance to people who can’t afford it and even if it’s not in their best interest you’re trained to tell them it’s the best possible thing for them. You have to go to sleep at night living a life of constant lies and deception and there’s no way to stand up to management without constant threats of getting fired. There’s way more ethical insurance firms to work with out there. Also, their top agents are involved in law suits for pitching clients a $300M Ponzi scheme Drive Planning out of Georgia (google it). Many clients of this firm got scammed out of tens to hundreds of thousands of dollars each.

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