World Financial GroupReviews of worldfinancialgroup.com

Its an MLM trying reel people into their pyramid scheme. They just want your money and nothing more. Don't trust wfg

I became a customer over a year and a half ago to help protect my family. Seemingly enough I was intrigued by how their company worked and because I was a licensed agent before who worked in a captive agency. I wanted to be able to have more choice to help more families like mine save money and have the proper protection in place. About a few months in, a client that we had just helped with a product purchased through WFG had ended up passing away. The family was able to grieve while the policy that was purchased was put to work. One of those very bittersweet moments to know you helped a client and their family go through a very difficult time was heartfelt. Also, as an agent here you will be successful if you put in the work. Like anything you do, you get what you put in. I’ve learned so much here and I’m just getting started. Your team matters and will be a huge part of your success. I see negative comments on here and some of them don’t even fit the description of how business is done here. Do your own research, but my experience in this company and highly regulated industry has been a rewarding one.

My advisor cost me 100 000 in cra back taxes

I'm inside of WFG. Yes I recruit-(I dont get paid to). Yes its commission based-(from a insurance carrier). Yes I am licensed-(state and federal). This company structure is easily compared to being a real-estate agent. (same process and similar steps) I see a lot of people say bad things, I wanna know why is that ? I've been with WFG for 2+ years and have had an amazing experience with mentors, peers, and clients. Serving people and providing financial tools to those who wouldn't normally have access to those tools. Our business is a simple business model which anyone can walk in and with enough effort and passion for serving others they can also win. I think a lot of people are so use to W-2 and working for someone else, WFG may seem to good to be true. But every experience has been to good. this is all ill say. If you find yourself reading this post and you're asking yourself if this is the opportunity for you, just stop for a second and really ask yourself this question. Are you really opposed to just trying a new opportunity and learning something new? Worst case you spend a few dollars on a legal license learn lessons that will benefit you for life and depart once you know. I truly believe people give up on there dreams because of there belief in themselves not the opportunity called WFG.

I am a WFG agent. The problem with bad experiences is not the WFG itself. Its the agents that use WFG as their dealer. Unfortunately there is no proper supervision on how these agents conduct their business. In addition to that, there are a lot of miss information on these reviews. For example, we dont make any money from recruiting and we dont sell anything to the new agents. maybe some agents do, but its all about the agent you are dealing with, not WFG. WE ARE INDEPENDENT CONTRACTORS, not WFG employees. WFG doesnt tell us how to do the business. "There are more people at the top making money, so its a pyramid." Have you guys ever worked anywhere? as far as I know, in all of the corporations, there are less people at the top making more money than the staff working below them. So your job is a pyramid! Its actually easier to go to the top in WFG structure than becoming a CEO in a corporation. WFG only pays 50% while other places pay 100% 50% of what? 100% of what? I prefer 50% of 5000$ compared to 100% of 2000$ one other thing, a lot of people quit WFG. What do you expect them to tell themselves? they were bad? they couldn't make it? no, they will blame WFG for their lack of ability. Most failures do not take responsibility, and that's what you can find in most of the negative reviews.

A Nightmare Experience: Avoid This Company at All Costs I recently had the unfortunate experience of dealing with WFG, and I must say it was an absolute disaster from start to finish. I signed up with high hopes of receiving quality classes and support, but all I got was a never-ending nightmare. First and foremost, this company's main objective seems to be scamming innocent individuals out of their hard-earned money. From the moment you step foot into their so-called "classes," it becomes evident that their primary focus is pressure selling. They shamelessly try to upsell you at every turn, disregarding your actual needs or concerns. It's nothing short of infuriating and unprofessional. If you're expecting helpful classes or any semblance of support, think again. They promise comprehensive guidance, but all they deliver is disappointment. The classes offered were lackluster and barely scratched the surface of the topics they claimed to cover. Instead of nurturing learning, it feels like they're just checking a box and moving on. What's worse is the judgmental atmosphere that permeates their entire operation. If you happen to be a bit slow in grasping their content or asking questions, you're immediately treated as an inconvenience. Instead of offering genuine assistance, they seem eager to leave you feeling foolish and belittled. It's a toxic and demoralizing experience. But wait, it gets even worse. When you find yourself lost in their poorly structured classes or struggling with the material, good luck trying to reach a live person for help. It's like trying to find a needle in a haystack. Their customer support is virtually non-existent, leaving you feeling abandoned and frustrated. In summary, I can't find a single redeeming quality about this company. It's nothing more than a den of deceitful practices, inadequate classes, and a complete lack of empathy for their customers. If you value your time, money, and sanity, steer clear of WFG. There are countless other reputable options out there that actually care about their customers' success and wellbeing.

A system to do scam and fraud which is legally approved and you can do nothing about it so better STAY AWAY! I am a businessman with high income, I give everything a try, I was approved by a WFG agent he has 3 goals sell to me, sell to my family and friends then recruit me - now all sales happen under the illusion that it will help you make money ( legal scam ) to be an agent you will spend money and give up all your friends numbers to this guy selling to you. I meet a lot of people from WFG, all normal moral people have quite, all annoying people who can take advantage of others stay on and stay nice things about it. you see mixed reviews online because all negative reviews are real all positive reviews are by agents who make money or think they will make money by selling this lie AS a agent you can never talk to anyone in WFG other than the guy who hires you.

Possibly fraud, be careful and stay away! My friend proceeded with my life insurance application despite me asking to hold back. 3 weeks later and I didn’t get my refund yet! I submitted a bank dispute and writing this review. I’m a high earning individual with a good level of financial literacy. I got into this based on trusting my friend. Pyramid and MLM schemes are based on a pyramid of recruiting at their core. So you only make good money by recruiting other people, i.e. you start with your friends and hope they’ll recruit other people, etc. Are you a recruiter, or do you want to become one? Don’t expect to make enough money other wise. Full stop. My friend misled me into paying $157 during our first meeting and even asked me to ignore online reviews! She told me about the high potential earnings, and how some people make loads of money. It will always be “them making money” and not the person you’re talking to. I heard confusing stories about her joining recently vs her working there for 8 years. I’m doing two jobs right now and a side hustle. We discussed multiple business opportunities but I think to her it was always about this one MLM thing, everything else wasn’t real. When we walked back to our cars, I was surprised by the cheap car she owned. We started working on my financial needs analysis. I have some credit card debt this year and with 22% interest rate, that should be my absolute priority to eliminate. During those sessions, the credit card debt was the least discussed topic out of all. Life insurance was the main focus and later I realized most of the time was spent trying to sell me that insurance, which she always said “was a no brainer”. I started entertaining the idea and she told me we need to submit an application to get a quotation, so I thought why not and I’ll decide later. After a few days I asked my friend to hold back on my life insurance application. Days after holding back, I was shocked to be charged $300 anyway from my checking account! Finally, you’ll get a lot of recommendations about high performing “actively managed” mutual funds with 2-3% fees and you’ll get some push towards that as well. I told my friend about index funds at zero or close to zero fees and she didn’t seem interested in discussing that. I think those fees are part of the whole cycle of getting your money. The problem with high fee mutual funds is that they eat up 2-3% of your compound interest. Realistically, you’re expecting 8-10% average annual return over a long term period. 2-3% eats up 20-30% of your own money and that compounds more over years. You don’t even guarantee the success of these mutual funds, the only person whose guaranteed to make money is the fund manager making 2-3% of a big portfolio. Also, these mutual funds are trying to beat the market by having a “professional” managing them, actively buying and selling. Historically, it was impossible to beat the market long term and the market average was always better in 5, 10, or 20 years. On the other hand, the “professional” is subject to human errors and may even leave their job and you don’t guarantee whose the next manager. So instead, invest in market index funds such as S&P 500 and Nasdaq 100 without giving your money to anyone else. Invest continuously and hold for at least 5 years and preferably until retirement. You’ll grow with the market which has been growing over the past century. Read “The Little Book of Common Sense Investing” by John C. Bogle the founder of Vanguard or search YouTube for “3 fund portfolio”. So, I’m doing two jobs plus a side hustle. When I met with my friend I told her “I’m really really busy and my time is expensive. You got my attention and I’m investing time on this just based on trusting you.” In the beginning she was always available and always responding. Once I started to ask questions around pyramid and MLM, she started giving me the “I’m busy” BS, and “I spent this amount of hours with you…”. How shameless and disrespectful is that! Your time was never more important than mine!