they lure you in with promises
when I was interviewing for the Financial Consultant position (new company position since Jan 2013 – be wary of this), they promised a large book of existing business, and plenty of prospects to call on. I was there for many months and this was NOT the case. no book, they will not allow you to call on clients with out the permission of the bankers. now about these bankers, I have never in my 12 years in the job markets seen a group of people with less work ethic! they are great people, and its not their fault, the upper management allows it. this is all management does not coach you, they just send out emails and do calls asking what you have in your pipeline, this is their “coaching.” no experience as well – my manager had no financial sales experience (they may even be violating an SEC regulation here). their pay grid is terrible, it will take millions of dollars in sales to make a decent commission. Last, they advertise this position as a “investment/financial PLANNER/ADVISOR” you will do NO advising, they will ask you to be transactional: sell, sell, sell, mostly mutual funds and annuities. also, I was told by several colleagues that this is not the only position Regions lures people in with promises and takes them away! if transactional sales is your thing, trust me, work for one of their competitors. if advising is your thing, do not work in banking
