No. of Recommendations: 0
This is another aspect of this Waddell & Reed company that seems strange to me and I am not a fan of. Many postings about the company around the interwebs seem more to be about working for them as some sort of quasi pyramid scheme than their actual products.
I am always extremely wary of companies that seem more interested in recruiting new salespeople than actually selling a product eg. bogus products like "Kangen Water".
What is the deal with that? I really don't care about the compensation to the advisors, (how competitive it is etc.) but I am concerned that so many people seem to be more interested in their compensation than the details of the products.
I understand this company has been around for a very long time as have their funds. Am I being unjust to them or rightly suspicious despite their longevity?
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