AVOID AT ALL COST! Pyramid Scheme - Financial Advisor Northwestern Mutual Employee Review

1.0
Jan 13, 2023
Recommend
CEO approval
Business Outlook

Pros

Friendly environment, fun events though they don’t pay bills. Those are the only pros.

Cons

This business runs on hiring people constantly (they don’t care about lying or withholding information) they tell people it’s for a financial advisor and the truth is you’re just a life insurance agent, that’s it. They hire you, grabbing your warm market(friends, family, known easy sales) you last maybe a year barely making any money, that’s why they hire college students because they are usually depending on their parents and making barely anything seems great for them. People successful in this business are the ones that follow the pyramid. Get hired then set up your own team so they work for you and they bring you clients through joint work. Their business model is literally based on hiring people to grab their warm markets, they don’t care about anything else, they expect you to quit hence they hire 4-6 employees every month. They will ask you to harass your family and friends and they’ll brainwash you by telling you what you want to hear, they withhold the truth on how you get paid as well. Just a lot of bs. Don’t work here if you’re looking for a financial advisor role. Go to an actual financial planning firm.

Explore other reviews about Northwestern Mutual

5.0
Jun 3, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Work life balance was reasonable

Cons

There wasn't opportunity for growth in my field

5.0
Jun 2, 2026
Recommend
CEO approval
Business Outlook

Pros

If you desire independence, income, and impact, this is the place for you. You will grow more than you have ever grown. You will help others and put their needs above yours. You will build a purposeful life by design. You will have a world class development team and support systems for you to succeed. You will have enterprise value in what you are building. It is YOUR business. You will be able to sell it one day or pass it down to a successor. You will create passive income for yourself. You will have the ability to be with your children in the morning and family time at night and on the weekends.

Cons

You have to build your own book of business. That is not easy. If anything is worth having in this life, it will be hard. To get in shape is hard, to create financial freedom is hard, to build a business is hard. Living a life without purpose or meaning is also hard. Choose your hard. The worst thing that happens in this busienss is someone telling you no. Compared to the men and women fighting for our country abroad or patrolling the streets, laborers working outside in the heat, getting told no while in a fancy office, dressed nice, and in the AC, its not that bad. I'll take that environment any day. If you don't mind being told no from time to time, then you will be fine. You can build an amazing life for yourself.

See reviews by: Helpful|Rating|Date|All