Advice please! What do i need to do to get out working?!?!

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out4trout's picture
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Joined: 2010-12-20

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I am looking for some advice.  I have been working with an independent
agent since feb 2010 as his assistant.  he was seeing push back from his
B/D back then when he mentioned that he wanted to bring me on as a rep.  I
have since completed all my insurance licenses, series 6 (he thought I should
take this first...before the 7...and now he said he was sorry, should have
taken the 7 right off), the window is open for series 7.  the B/d stated
today that they will not support him to hire me under his OSJ.  he is
willing to have/let me do whatever I want.  I am new, I don’t know really what
I can or cannot do.  What do I need to do so I can hang a shingle and
start selling?  who should I talk to?  any ideas?

Scott

BigFirepower's picture
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Joined: 2010-07-09

What reason have they given to not support hiring you? Also, I'd find it a bit surprising that they'd say that, as compared to "we don't think you should". It's a cost issue, and the Sr. would be on the hook for fees. You'd be surprised, but tech fees, licensing fees, bonding fees, and you're looking at probably $7,000 per year per head. So, I have to wonder if it really is the Sr. Rep. That said, if you have passed all those other tests, the 7 really isn't too hard. Insurance, that was pretty tough for me, took me two times to pass, very boring/stale material. 

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