Quote:
Originally Posted by fotze
Can the financial advisor types tell us the types of commissions that were paid for helocs, manulife one type stuff. Those sure got sold hard.
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Manulife One doesn't pay advisors that much actually. In order to make a kiving selling Manulife One alone a guy would have to do an incredible amount of business...at least IMO. Its a bank account after-all, so the commissions are not enormous. It's sold pretty hard by Manulife but I attribute that to the fact that they are competing against the big banks and need to generate interest in the product. Some advisors sell the product and others want nothing to do with it....just depends on the clientele and how the advisors use it.