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Can a registered financial adviser join network marketing?

I have a friend that is a registered financial adviser that wants to join my network marketing team. Is there anything preventing him from joining?

Public Comments

1. Not that I know of. There might be some laws regarding registered broker-dealers or securities sales-people, but years ago my friend was in in Excell, and he was a broker-dealer, also CPA. If there was a conflict, or it was unlawful, he would not have done it. Now we are in FHTM (owner of company used to be in Excell; in fact, was highest-earner ever in any direct-marketing company). Primerica says they don't allow their reps to join another company where they have to recruit, as they are similar to network marketing and just recruit, recruit, recruit. It's really the only way to make money. But they cannot call themselves "financial advisors." That's what network marketing is all about--recruiting and building a big team. Sounds like you are doing a good job. Good luck. I recommend network marketing on here and get "flagged". Too bad. People are missing a huge opportunty.