FYI: Too many advisors are trained to sell, not plan. Inexperienced college graduates and other unqualified individuals are often used by insurance companies as a form of asset-gathering cannon fodder. Multitudes of salespeople are sent out on this mission; few strike it rich. Some insurers believe if you throw enough sales pitches against the wall, a portion of retirement assets will stick.
The 403(b) teachers’ retirement market is ground zero for the worst of these practices. Young recruits and others are lured in by big insurers with advertising on such popular sites such as Glassdoor, LinkedIn, and even Craigslist!
Regards,
Ted
http://tonyisola.com/2016/04/did-your-financial-advisor-find-his-job-on-craigslist/
