1. You don't own anything: You WILL be stuck here if you put time into Prudential, you CANNOT keep your clients when you leave, comparatively in the market of where you can become an Advisor, Prudential shouldn't be high on your list unless you have connections that might pass their book to you some day.
2. Life Insurance Life Insurance Life Insurance: Every single lead you get your first year and beyond is a Life Insurance 'orphan' meaning the advisor before you that quit left them in their book at Pru and they want you to call them and sell them more life insurance, or even worse your manager will try and sell them into cashing the policy in and opening an annuity.
3. They churn Advisors: They know they don't pay well compared to other firms, and they will hound you to get a list of everyone you know and have you call them all and get as many people into the company's book before 90% of advisors realize they can't make it at the firm.
4. Their Shift to LPL was Horrendous: This made me leave, they hyped up this big shift all year to a new BD, and the shift was hard on everyone, people were missing files, I had clients 3 months later after the transition that couldn't get into the web portal due to tech issues on the BD's end and were leaving me over it. This isn't as much of an issue to a prospective advisor coming in, but it certainly was for me.
5. Managers Aren't the Best: Most managers there are the few advisors there that 'Made It' and they can't leave for better commissions since they don't own their book, so they're really not all the best mentors, just good salespeople. Every, and I mean every person in my natural market that my manger had me meet with, he would push life insurance on, it didn't matter what their goals were, it was never not life insurance.
