Wfg reddit.

Wfg reddit So I messed up big time. I have to admit, WFG is scummier than I imagined. Is this a valid/real thing? I met PBD in 2006 when I was in ACN and he was in WFG (World Financial Group). Recruiting new agents MLMs And WFG breeds more racial poverty because it uses racial bias to target people who need money in low-income communities, especially people with financial problems, like African American and Latinos, and when these minorities spend money for insurance (an arguably helpful benefit because there are better insurance plans than WFG) they are 📈📚 Subscribe & Join our Financial Guide for Canadians - https://wealthawesome. WFG, a company often associated with multi-level marketing practices that resemble pyramid schemes. World Financial Group Scam Help/Advice My family was victimized by World Financial Group in the US, Just want to ask is there any other victims here by World Financial Group, World System Builders or International Marketing Group. tl;dr WFG and IA did substantial business with an unlicensed life insurance agent. Both are MLMs. If you haven't heard about these concepts ask on Reddit in one of the finance subreddits what these concepts are and if they are a good solution. None of us know what will 100% happen aep but we do know a few things will happen. Higher paying, more flexibility and freedom for you and your clients. Stay away. Many jobs require getting licenses before you can work in that industry. Lets see how its done. PFA, WFG, Amway they are all big successful company using this system. They now train their “advisors” to not disclose that they are part of WFG when recruiting, some of their biggest darlings on social media like Steve Holbrook refer to themselves as “entrepreneurs” and “business leaders” and never disclose WFG ties on socials. Best has a free membership and others are easily accessible online, search the NAIC & J. The WFG people more often than not DO NOT have a financial background. We had one quote us for some insurance (we didn't know it was Wfg until the meeting started) and it was not good in terms of price or coverage. I would look up their financial strength rating A. I signed up for it on the advice of a friend and despite my conscience I did not do my research. Like avon. Don't let them - WFG is Amway. The products themselves are just normal financial stuff that can definitely help folks. I found a post from someone that was in WFG for 10 years and there's so much info about how awful WFG really is in that post. Also r/antimlm, do a search there as It's very likely to find stories about them. My husband and I invested $40,000 in 2018 with WFG (world financial group) long term retirement plan. I just left. So he was able to sell some of his products to his family. WFG, greatway financial - they're all the same. Edit, based on OP's history the 'family friend' was acting like a predictably predatory MLM hun when roping in another victim. We would like to show you a description here but the site won’t allow us. He worked at a pyramid scheme (cough, multi-level marketing company) called World Financial Group. My mom used to get wrapped up in the WFG thing over 10 years ago and dragged me to the "mortgage and investment opporunities" seminars. 99% of people fail, they don’t drop out because they’re amateur or lazy. Quick start guide (PDF) Learn how to get started with Nationwide. However, I do know that it is an insurance company and for the most part you will be selling non-halal products (there are ways to make insurance halal but they I have a friend well two of them in WFG they tried getting me to join. WFG's investments don't outperform ETF counterparts. Or check it out in the app stores Search the subreddit history for "WFG" or "World Financial Group WFG’s Deceptive Practices: WFG avoids side-by-side comparisons of BTID and UL because BTID clearly outperforms UL, leaving clients with more after-tax dollars. Congratulations for leaving WFG. Pretty sure he’s dropped a couple grand too on the position. I want to warn you about World Financial Group (WFG) and their business practices. It is a highly regulated industry and agents have to be licensed by state. What they do is licensing and offer the platform to work with different companies offering a variety of products. To make money in PFA and WFG, it requires hard work and servant This is primarily a US Navy-centric subreddit, but all are welcome. I am not super familiar with Primerica. Other options exist, and are likely much better. Is it true that people working for wfg are making $10k a month within a year of starting out without much network & interpersonal/sales skills. Never just take someone's word for what they say when it's your hard earned money get a second opinion ask around. They sell life insurance, claiming a 15% return on investment 😂 WFG is a Multi-Level Marketing (MLM) company that operates under the names World Financial Group and World System Builder, although they deny being an MLM. World Financial Group ( WFG) is a brokerage affiliated with Rated A financial companies like Pacific Life, Nationwide, Fidelity, Met Life, Transamerica, VOYA, IA American, and many more. It will mess up both. Apr 7, 2025 · FYI, WFG and a couple other firms were investigated by the regulators last year. Someone I know was sold permanent life insurance with an investment component, but when you actually looked at the details the (initially reasonable) life insurance premium ratcheted upwards every ~10 years until it was $2200/month. It actually depends on the product and how individuals are compensated for it to be considered a pyramid skeem. and World Financial Group, Inc. G. If you are talking possibility, yes, it is possible, since there are a select few that are making money at WFG. Any insurance sales WFG or not, auto sales, teachers have to, anything with continuing education like doctors, or most people in medical, real estate agents have to get licensed, you can take this argument to extreme and say any job requiring a degree is pay to work. For example, both Sun and Freedom 55 have training programs. This website is for QA verification (authorized home-agents only) Login. 199 votes, 155 comments. REMEMBER OPSEC. A relative asked me to sit in a snake oil pitch with his mentor, and his background was in exercise science. if you succeed, it’s by pure luck, not by skill. It’s total legal and make sense. If you're looking for work, look elsewhere, I assure you it's not worth it. He has sadly been laid off twice in one year. I said nah. Sit with a professional (not WFG) and calculate that need then buy that much term on you and your spouse. WFG operates under the names World Financial Group and World System Builder and is a Multi-Level Marketing (MLM) company, although they deny it. Power and Associates for complaints( reality is no company has never had one but a large percentage is a red flag), research their claims process and speak to brokers about their experiences. World system builder is a group within world financial group. The Reddit of Waterloo includes news from throughout the Region of Waterloo in Ontario, Canada. I ended up shredding my insurance license and burned my insurance certification and WFG business cards. After reading reviews, I realized that I need to get TF out of there. All the results are centered around the regulators leaning on them for having advisors that don't know what they're doing and skirting the rules. Go WFG!! Date of experience: January 06, 2025 6 days ago · 793 reviews from World Financial Group employees about World Financial Group culture, salaries, benefits, work-life balance, management, job security, and more. Explain to you the system. com/🤔 Is World Financial Group (WFG) a scam or legit? If you’ve been approac That dude is not worth 400m. Currently it’s gone up $4000. World Financial Group offices in Johns Creek, Georgia. WFG offers different types of policies, however they are known for pushing Universal Life. Me, my friend and his recruiter have all quit WFG now, definitely for the better. Their hiring structure is a pyramid scheme. Jan 3, 2025 · World Financial Group (WFG) is one of the best things that happen to me and my family. WFG- world financial group insurance scam Insurance I just found out that my sister has been paying them monthly payments of over $300 and the whole time she thought it was a TFSA where money is being invested. The recruiter people tried to keep me in at first, but eventually gave in and tried to help me get out. If she doesn't have any benefits from work, just shop around for best rates. In the past couple of years, I have had many Muslims approach me on whether or not it is Halal to join World Financial Group (WFG) or Primerica. Wfg is an MLM. This platform is one of the best things that has happen to me and my family. They were fully warned 4 years ago, i dont know where he is now because "he just lost it. That's the disadvantages of WFG. If it's Term Life Insurance, you may want to consider keeping it - although, if you don't have anyone depending on you financially, it's not really needed. WFG (World Financial Group) - Emotional Manipulation - No Earnings (Part 2) Now for those of you who have been recruited or contacted by WFG; They recruit you, you pay around $160 in total for the background check + agent agreement + studying website to get you license. WFG’s business model is super unethical and full of lies. It was World Marketing Alliance before it was WFG. I emailed various WFG emails, and they responded saying that I will receive a refund within 10 business days-never got it. If the goal is to get into insurance you should investigate other options. The MER on WFG funds is 2. Reset Password This Reddit post came up when I googled "World Financial Group termination letter" just now. If you research world financial group they will tell you that the people who research online are part of the 91% that are broke and that the people who are part of the 9% and well off are the once who buy the over priced rip off life insurance called universal life that has a investment component that has a shitty performance Our independent agents at World Financial Group Insurance Agency, LLC or its subsidiaries in the United States or World Financial Group Insurance Agency of Canada Inc. If you are talking probability, no, it is hard to make money at WFG because it is an MLM. Welcome to /r/Netherlands! Only English should be used for posts and comments. if she interested to get life insurance, best way to do it to add it from workplace benefits, if she have that not already included you can choose from optional benefits. Do not post your command or name! Post all questions and discussion about recruiters, MEPS, the Delayed Entry Program, Enlisted Ratings, "A" Schools, Officer Candidate School, Boot Camp, and transferring to your first command in our sister subreddit, r/newtothenavy. The leadership includes Carl Meldrum, Bert Bruneau, Kevin Yuen, Steve Holbrook, Gregg Strynadka, Real Michaud, Raja Dhaliwal, Cameron Michaud, Corey Michaud, Kevin Joly, Derrick Germain, Camron Dunbar Howdy, recently I got the "orientation" for what framed itself as Strong Capital Enterprises and turned out to be World Financial Group. WFG, absolutely is a pyramid skeem, don't worry, I'm not saying you are wrong. Worst part was signing up for that UL AND not going on that all-paid-for Vegas trip. Yeah so one of my friends got really really into the company. Luckily for you, since you "get to be your own boss" you don't have to formally quit. com Feb 8, 2022 · tig1 wrote: Tue Feb 08, 2022 5:31 am Curious if anyone has had any experience with a company called World Financial Group (WFG)? At first glance it looks like a pyramid scheme. Ask someone who actually does WORLD FINANCIAL GROUP, i don’t want anything from you but yeah i recommend you to reach your friend to know more about W. Theres people who will like or hate WFG based on how much money they get, or earn by for example investing. Greatway was started by some former members of WFG. I didn’t make any money. Long story short, I signed up to be an associate in the World Financial Group (WFG) yesterday. Nov 1, 2022 · 11315 Johns Creek Pkwy Ste 100. As far as I know from customers I've dealt with, who also deal with them, WFG sells only super-high MER segregated funds and tries to convince all of their "clients" (more like marks) to take all the equity out of their house to "invest" it with them. After I took legal action against the advisor from wfg that misled me I came to learn that there have been dozens of lawsuits were the companies leadership that helped build the company in canada have settled outside of court while the guys without the deep pockets to settle outside Disclaimer: I've been in insurance sales for just over 8 years. Infiltrating A Pyramid Scheme: WFG (2019) - The first of a 2-part documentary chronicling the shady dealings of World Financial Group, one of the largest MLM's in the world. The WFG leadership team is one of the best out there. The leaders include Carl Meldrum, Bert Bruneau, Kevin Yuen, Steve Holbrook, Gregg Strynadka, Real Michaud, Raja Dhaliwal, Cameron Michaud, Corey Michaud, Kevin Joly, Derrick Germain, Camron Dunbar, Marlise Kelsy, and Brian Kalyn. I’ve recently found out that my friend is working for WFG (World Financial Group) he just finished his training phase and started recruiting people to his work party (me included). I eventually realized that WFG is a pyramid scheme, dodged the bullet and blocked her number. Alot less info online about it back then. I've been doing my research and it seems like a huge pyramid scheme scam. To actually learn it, knowledge it, not just be told by other people. They are recruiting everyone / anyone. My cousin has been trying to get me to join this company called WFG and he said it is an excellent way to make passive income, he claims he makes 5-6k/month sitting from home. WFG is preying on her "Empty Nest" syndrome and "Women Empowerment" from her support circle, and he keeps getting fucked. What is sad is that the agents are trained to sell products that are over priced under performing, 80% of there training consists of recruiting and the other 20% on how to sell there over priced products, they are not well trained at all. Don't be deceived by these idiots. WFG is a Multi-Level Marketing (MLM) company that uses different names like World System Builder. However, the most controversial thing about World Financial Group is getting to that higher level of salary. Anyways I see one of the guys Instagram videos and he’s constantly promoting the “buisness” I have friends who work in accounting and high finance and none of them do videos like this promoting the “buisness” all his videos are a bunch of people in a meeting Buddy got involved in world financial group he has 0 finance background yet they have him going around giving financial advice and trying to sell insurance plans . From what I have read it is a mlm scheme and I should stay away. They don't necessarily want you, but they want your network. That dude had a fiery passion for WFG. I was introduced to a branch of WFG by a woman who approached me at my current job. This is a place for people who are or want to become Financially Independent (FI), which means not having to work for money. (“WFG”). They try and sell people on investment opportunities which in reality is a shitty sub 5% return after you factor in their management fees. He's never built a company, he's not an entrepreneur. You need to generate your own leads and you need to sucker people into selling under you to make money. They sell overpriced, underperforming investments, universal life We would like to show you a description here but the site won’t allow us. However he didn't have the guts to quit his day time job and do WFG full time. The benefits would be training and licensing, something that's possible but difficult to do on your own. D. Recently a person from WFG spoke to me and said that they are just a 'distributor' and that the 'services' actually come from the bank. A guy from WFG approached and mentioned quite a few benefits of segregated funds through them. He sported this huge ring, very similar to a college ring but at the top had World Financial Group and on the side it said $100,00 club. Only the people at the very top do very well. Avoid these people at all costs. " Maybe if they induced mom to borrow for that GIC as well as locking her in, and they lying to you and the regulators over a prolonged period of time about what they'd done, it would start to approach the WFG charges in this case. I've checked the master list and can't find Greatway, but it still gives off scam vibes. In simpler terms, they are involved in selling products and services that are often overpriced and of questionable value, particularly in the fields of life insurance and mutual funds, which offer high trailing commissions. are excited to guide groups and individuals just like you. Could someone please explain to me how WFG is a scam. This post applies mostly to SAF kids as well as certain math programs such as FARM, but more broadly to anyone who has seen this company pop up when applying for co-ops. No, but my point is that the scope of what these reps did goes WAY BEYOND "unsuitable products sold to unsuspecting customers. Are they rumors or people in mid level management actually make that kind of dough by working part time? WFG is a vulture that reaches out to people on linkedin, targeting people who are either unemployed, young, a recent immigrant, uneducated, or all of the above. Is the goal to work for WFG? Or get into insurance? If the goal is WFG, well, there you are. Jan 29, 2025 · 346 reviews from World Financial Group employees about World Financial Group culture, salaries, benefits, work-life balance, management, job security, and more. WFG is comprised of World Financial Group Insurance Agency (WFGIA), Transamerica Financial Advisors, and WFG Canada. Best part was that trip to Banff. Buddy you asking question on reddit is like asking a barber to repair your car. They are now in Ottawa :( Hope I saved some people from this scam. Later on, she switched over from WFG to Premier Financial Alliance (PFA). I hate WFG. Hate these wfg people. Financial Independence is closely related to the concept of Early Retirement/Retiring Early (RE) - quitting your job/career and pursuing other activities with your time. Luckily with my insurance license expiring here in a couple months, I've stopped receiving recruiting calls and I have no plans to renew my insurance license. It’s a classic MLM. He also mentioned that they ju Watch this video for a short message to learn about our partnership with World Financial Group and the resources available designed to help grow your business. We had a meeting about me joining him in WFG. There are many reviews online of people who’ve had negative experiences working at WFG. they drop out because they spend months/years making little-no money because the entire system is set up for you to fail. After I had my first full-time job, my mom requested that I start paying for the IUL Life Insurance from a company called WFG (World Financial Group). I was almost coerced into paying the fee but thankfully I came to my senses. Jul 29, 2020 · World Financial Group Company Overview History Of World Financial Group. The only issue with this type of business is that some agents don't take time to study and understand the I felt my gut was telling me something felt off too when my friend rushed me by end of the webinar, to sign up and pay the background check's fee, tests fees, and the other rests of initial fees in order to join WFG as their "financial advisor". So he was never able to achieve his full potential with WFG and eventually he stopped doing WFG and continuing working his 9-5 job like the rest of us nobodies. Classic tactic to spread MLM bs. WMA hit it big in the late 90s/early 2000s when I was in university among my friends/cohort. They pretend to hire you to sell insurance, but really they want acess to your friends and family's money and they want you to exploit them. At first glance it looks like a pyramid scheme. I have heard mix opinions on both ends. If you want longer guaranteed than term provides plus cash value and your budget allows it, also get some whole life from a strong mutual company. It's a matter of personal preference, but I try to get lighting that is color balanced close to natural sunlight, and nothing that flickers. Hey guys, X-Posted in r/antiMLM, r/personalfinance and r/scams because I am not sure which subreddit is the best for this post. IUL's in WFG are sold as these "no risk, all reward" tools that get very expensive over time. If anyone within WFG is getting rich it is the people who are doing the most damage to their communities, friends, and family by selling them insurance products they don't need which pulls money from them every month and keeps / pushes them deeper into poverty. These professionals will educate you while helping to create a strategy that's customized for your specific needs. I know he will do well and become rich. I want people who have been approached by World Financial Group to look out for the mutual funds promoted by World Financial Group and managed by Hussein Ahmad at Yorkville Asset Management, specifically the Yorkville Enhanced Protection Class A (YAM100). Even the big banks are much lower. At first I thought he got a new job at a insurance company but after he explained more about his job I knew something was off, and ask where exactly he was working WFG in Canada and America is an MLM that trains others to scam people on insurance and investments. [5][6] It is Aegon is an integrated, diversified, international financial services group. I completely trusted this person and thought it is all good. The leadership includes Carl Meldrum, Bert Bruneau, Kevin Yuen, Steve Holbrook, Real Michaud, Cameron Michaud, Corey Michaud, Kevin Joly, Derrick Germain, Camron Dunbar, Marlise Kelsy, and was recently introduced to WFG (World Financial Group) thru a family friend and they got me to sign up. WFG is changing tactics too because they’ve become known as a Ponzi scheme. So full of themselves, showcasing their "300k" monthly income. I just hope the elderly in Ottawa aren't exploited. The products are definitely not fine. Four years ago I bought Universal Life Insurance from World Financial Group. People who only blab too good to be true ridiculous stories about how they made it from rags to riches. I also want people who have been approached by World Financial Group to look out for the mutual funds promoted by World Financial Group and managed by Hussein Ahmad at Yorkville Asset Management, specifically the Yorkville Enhanced Protection Class A (YAM100). A wife of his work friend is working for them. I wanted to share important information about World Financial Group (WFG) and their business practices, including their leadership which includes Carl Meldrum, Bert Bruneau, Kevin Yuen, Steve Holbrook, Gregg Strynadka, Real Michaud, Raja Dhaliwal, Cameron Michaud, Corey Michaud, Kevin Joly, Derrick Germain, Camron Dunbar, Marlise Kelsy, and Brian Kalyn. I have not contacted Jakob in a while, but as far as I know, he is still working for WFG (and he is doing pretty well). Dec 3, 2019 · The BRB Bottomline: BRB Columnists were invited to a World Financial Group (WFG) branch where they learned about “paying it forward,” the Exchange Principle, company-wide trips to Vegas, and everything it takes to make it rich by selling life insurance—all while our recruiter tried to sell us an insurance policy, hundreds of dollars of license fees, and the opportunity of a lifetime. M. This subreddit is a place where high income professionals of all types can ask, answer, discuss, and debate the personal finance and investing questions specific to our unique situations without being criticized, ostracized, or downvoted simply for having a high income and "first world" problems. Just search Reddit and you’ll see plenty, you’ll also see WFG goons trying to defend the company as well. I do not know much details but I know 2 cases, both invested with WFG, one invested 25k, went down to 4k when the market was down around 2008, now its at 22k (around there) Another scenario, a person invested 100k when the market was low in 2008, and last time I asked, maybe a year or so The policy I have isn't directly with WFG, it's with IA financial group so I just want to know if it's legit or if I should try and get out of it since my agency is WFG. , for a 0. I talked to my aunt who is in the WFG business and she told me that I should invest my money instead of leaving it in a bank. These companies are growing fast and new MLM financial services companies are popping up. " You have to be a member with WFG to sign up, but they seem to want to wash their hands of WFG. I. This rule is in place to ensure that an ample audience can freely discuss life in the Netherlands under a widely-spoken common tongue. I would suggest all in one index funds that will beat activity managed fund 92% of the time. A big draw for WFG is they educate people on finances like they'll talk about the rule of 72 and how you should save for your retirement and how annuities is the way to go. true. I know WFG is MLM because I was almost pulled into the scheme from a job posting by them at my school, and luckily I did s Get the Reddit app Scan this QR code to download the app now. The company offers investment, protection, and retirement solutions, with a strategic focus on three core markets (the United States, the United Kingdom, and the Netherlands*), three growth markets (Spain & Portugal, Brazil, and China), and one global asset manager. F. For over 30 years, they have helped individuals, families, and businesses plan for their financial futures. It can get to thousands of dollars a month, which they will not tell you. Hey everyone, I thought I'd share some insights into World Financial Group, and hope that I am not too late to stop someone from joining this scam of a company. It got a bad rep with lawsuits (several attorney generals in the US started going after they) but having resurgence when it got 'acqu I recently got roped into WFG (world financial group aka an mcm), I haven’t put any money down for the training, but already put $150 to start with them, for a “code”. So in 2021, I was just graduating from college and found myself a well paying entry job. World Financial Group is a legitimate brand of financial and insurance advisors with many satisfied clients. I was only interested in this because of my good friend was asking me to check it out. Ask to see the cost of insurance readout based on age. That's it. Which was founded by Primamerica folks (surprise surprise!). Returns are high (13-15%), with guaranteed returns of 75% if the market falls, estate transfer without probate fee, and no delays in the transfer. People who don't really know anything about finances will feel like they're getting a lot of good advice. The high commissions from selling UL and whole life insurance motivate WFG to push these products despite their poor value for clients. Basically how it was explained to me is that I pay insurance premiums up front for the first ten years and the money is moved into a shuttle account that purchases investments. I was deceived by them and lost money after buying their mutual funds and insurance. [00:17:17] Crime Posted by u/Affectionate-Bite109 - 1 vote and no comments Aug 1, 2024 · The average World Financial Group employee salary ranges from $50,000 to just under $100,000. World Financial Group is an MLM Scam, located in Calgary / Canada. This company is a scam, I was a client and got financially screwed by this company like countless others have. After accepting the second call, there's a fee to work there, red flag number one, but I was stupid and did not know that at the time. You basically sign people up for life insurance. It shows how the IUL is a very bad product that benefits the Insurance company more than the policy holder. Walk away from WFG. I paid $500 dollars already for the licensing, exam and other fees. From time to time in its sole discretion, WFG or a WFG Affiliate may cause a reduction in all or any portion of the Associate’s Debit Balance in any of the following ways: i) by applying any commissions or other forms of compensation payable to the Associate by WFG to reduce the Associate’s Debit Balance; or ii) by exercising any other We would like to show you a description here but the site won’t allow us. we would like to truly be our own business owners but still need some support- and from my understanding you need to be with an IMO/FMO in order to do UPDATED(!): This subreddit is for Insurance Professionals (Agents/brokers, owners) to discuss our work and current events and goings on in the industry, in addition to asking and answering questions about the business amongst each other and sharing relevant content. 2 WFG consists of World Financial Group Insurance Agency, LLC and its subsidiaries (WFGIA) in the United States and, in Canada, World Financial Group Insurance Agency of Canada Inc. Most people quit because once they did the math the money earned on commission was less than minimum wage. With no financial literacy, I trusted her and wanted to learn more; I joined one of their meetings. and if you an administrative penalty in the total amount of $50,000 on World Financial Group Insurance Agency of Canada Inc. Hello guys, I NEED HELP! so one of my university friends got me to join WFG. It seems like a scam to me and I’m looking for other people’s experiences. Long time lurker first time poster in this sub, I've been able to combat friends who sell with World Financial Group, Primerica, and Doterra, but I have one relative who recently got into insurance. 2% fee. 3 Many people have experienced various levels of success with World Financial Group Insurance Agency, LLC. It’s not a scam it’s a legitimate company (which you can research about and it’s backed by Transamerica and Aegon. The best way to know is have your friend explain to you how PFA make money. WFG people push Universal Life plans, and if you're interested in that, bring it up. He didn't even start it, he just worked there. She bought into their Universal Life policies too and for her kids. According to Wikipedia, “World Financial Group (WFG) is a multi-level marketing[4] financial and insurance services company based in Johns Creek, Georgia, a suburb of Atlanta, which sells investment, insurance, and various other financial products through a network of distributors in the United States, Canada, and Puerto Rico. He was trying to cross-recruit me by talking smack and putting me down, kinda strong-arming me to join his business. Do not mix up insurance and investment together like WFG do. In the modern day even 1% is high for an activity managed fund. we love IUL's and want to continue selling, but don't really care for the recruiting/ mlm aspect of WFG. 5%. Now this man was very nice, very positive telling me he helped people manage their finances, and helped their money grow among other things. Posts of interest to residents of Cambridge, Kitchener, Waterloo, and the surrounding townships are welcome, as well as occasional discussions about the Battle of Waterloo. to anyone who is in wfg or contacted by wfg who reads that comment, it’s not true. They've already been cut off by some insurance providers, because the policies they sell have such an abysmal persistency (translation: people cancel them frequently, which is a big sign that they're not doing the right thing for clients and insurance companies don't like this For marketing communications + advertising industry professionals to discuss and ask questions related to marketing strategy, media planning, digital, social, search Dec 8, 2021 · Hi, i'm new here, but my husband and i have been with WFG for over two years now and are starting to look into branching out on our own. WFG's products are terrible. Hey YYC Reddit! Hope everyone is enjoying the holidays! I just wondering if any people on here have dealt with WFG (World Financial Group). Feb 22, 2015 · Are there any former WFG agents? Reddit Email Share Link. Turns out he works for ‘world financial group’ and he can’t disclose anything about the job. The topic of "personal finance" includes budgeting, goal planning, taxation, saving, investing, banking, credit cards, insurance products, life event planning, major purchase advice, unique deals and tips for frugality, employment and other income sources, global or national economic news and discussions, and a This website is for QA verification (internal use only) Registration Progress Registration Progress: Complete (success) Dec 13, 2007 · It's World Financial Group. Usually it's college dropouts or those with questionable majors. This experience changed my life. China has anti multi level marketing laws in place and I wish we would do the same in the United States. It was only after I filled out the papers and gave all the information that I was a dummy and its effectively mlm as they layed out the graph and it was a nightmare. World Financial group is a multi level marketing pyramid scheme. At the time of its creation, it went by the name of Alexander, Inc. For example, someone put a link that destroys heir precious baby, The IUL. Getting back to selling and what you should do, product sales would be 'should I go with WFG?' because that starts with the assumption that you would go with WFG. You’ll actually know what a great model it is. Shady business practices. We talked and I went to her office in Southern California to see what this was all about. Johns Creek, GA 30097-2645 We would like to show you a description here but the site won’t allow us. Ottlites are my usual go to, though I was a little disappointed with the most recent one I purchased because I found out after I got it that the bulb isn't replaceable, which is just bad on so many levels. It was definitely a turnoff. Recently an old friend reached out to me trying to recruit me to "WFGLaunch". But coming from two experiences in a MLM. If you want a sample, google FSCO world financial group and start reading. I've paying $100 a month since January and it's a "low fees" universal life insurance policy. Jan 3, 2025 · World Financial Group (WFG) to me is… World Financial Group (WFG) to me is Working For God. This subreddit is a place to discuss anything related to Canadian personal finance. However, if I stop paying it, the IUL goes away. World Financial Group got its start back in 1991 when founder Hubert Humphrey left Primerica. I'm new to MLMs; I know the definition of a pyramid scheme and vaguely understand how they operate. I don’t mind the idea of still being a client with them, because I did set up a TFSA. There’s a lot of industries you have to pay to work. " IMO WFG was a decent concept, but it definitely had some of the shittier things like harassing friends/family, cold-calling, pushiness, etc that a lot of MLMs and sales positions have. Initially we gained $8000 in the first year then covid hit and we lost $12,000. But the thing I'm trying to say is a lot of insurance agencies have similar marketing strategies as WFG but are not considering an MLM or a I have not heard of them. , but that was quickly changed to World Marketing Alliance (WMA). But it involves you going out there and recruiting other members who offer financial services to others and from whose deals you get money from alongside the commission Feb 20, 2025 · use the following search parameters to narrow your results: subreddit:subreddit find submissions in "subreddit" author:username find submissions by "username" site:example. , but is not an affiliated company ofWorld Financial Group, Inc. I'm here to ask for help from you guys here, my mom showed me her insurance policy statement and I saw that "World Financial Group Insurance AGY" on the contact section, and it made me felt very nervous. With WFG, I am now on track to be totally financially free. Posted by u/Miles212 - 5 votes and 14 comments Hello, first post ever. Search this Subreddit for amway and don't let them ruin your credit the second you turn 18 Edit: was corrected that this is not Amway, but WFG is still an MLM (in spite of their website having an FAQ page about how it's not a scam or pyramid scheme. These people follow a similar model of commission and network/direct sales. The first time I left Mary Kay, I ghosted, moved hours away, and didn't say anything until my upline (recruiter) kept texting me. "Axianta Financial Partners is an organization that is comprised ofindividuals associated with World Financial Group Insurance Agency, Inc. . She told me that after I pay for X amount of years, I'll have access to the cash value, which is ~$500k. World Financial Group (WFG) is a multi-level marketing [4] financial and insurance services company based in Johns Creek, Georgia, a suburb of Atlanta, which sells investment, insurance, and various other financial products through a network of distributors in the United States, Canada, and Puerto Rico. WFG has made it possible for someone like me to succeed financially, meet with people from different cultural ba ckgrounds, and become better person. However, each individual’s experiences may vary. 100% pyramid scheme. Latest posts. I went to a company overview and they had a presentation about finances and what they "want" to achieve. diihapb yod uwjq ysxvvo kwabri enlz nmxng ktpv gco ngmlw