Articles
9 February 2012

Beneficial Financial Group Reps Affected by Layoffs, AVO Financial Extending Opening

by PR or News Wire

09 February 2012—

AVO Financial (AVO), a financial planning and service organization specializing in financial and retirement planning, wants to help recently laid off financial reps from Beneficial Life, explore the possibility of working for them.

The announcement was made in light of the fact that Beneficial Financial Group of Salt Lake City recently announced it will lay off about 150 of their staff, and leave about 1,000 financial reps without a product to sell.

AVO will offer any new financial advisors affected by the layoffs,

  • Opportunities to earn ownership in exclusive projects and profit sharing residual income
  • A $1,000 sign on bonus
  • Greater independence with a wide variety of products and services to offer clients with no product quotas
  • Office space, qualified leads and ownership of their book of business

“Former Beneficial Life reps who join the AVO Financial team through this offer will receive greater commissions than they have come to expect and full ownership of their books of business,” said Luke Brandley, corporate recruiter for AVO. “We’ll help them create a profit-based income stream for them and their clients, a stream that can continue even after they retire from the securities business.”

In order to qualify for the $1,000 sign on bonus, prospective AVO representatives must complete the following requirements within 60 days after being accepted by Stonehurst Securities, Inc. (AVO’s Broker-Dealer),

  1. Have a current Series 7 and Series 63, 65, or 66 licenses registered with Stonehurst Securities, Inc.
  2. Complete 6 hours of Corporate Training
  3. Have received at least $5,000 in GDC


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