FIRST SENIOR FINANCIAL GROUP PHILLIP J CANNELLA lll FIRST SENIOR FINANCIAL GROUP RIPS OFF AGENTS-DOES NOT PAY COMMISSIONS KING OF PRUSSIA, Pennsylvania

It may have broadly gone unnoticed, but not to us: the board has granted itself a MASSIVE supplementary bonus if it can generate just over €100,000 in net income this year.  But unfortunately, it is not on track to do so, even if it   “plays around”  just a little with non-cash items.  Therefore, the Company has no choice to attain its avaricious objective of a €1.5mm payday other than by making an acquisition.  And it is DESPERATE.

How did FSG, with all of its historic losses, manage to accumulate almost €20mm in cash?  Well, through no actions of its own, it divested a non-core asset, and as such has this cash, that if used to buy almost anything, would allow it to achieve its bonus.

I recently left employment at First Senior Financial Group. Everything about the image that Phil Cannella portrays to the public is false. He terrorizes his employees and in real life only sees retirees as a source of cash to line his pockets. He does not care about the elderly. He only cares about himself.

He is a racist and bigot. He owes me money for my last days of employment, but like so many others, I'll probably never see it. He's already threatened to sue me for defamation of character if I go to any State agencies about him.

I can only hope that the others at First Senior Financial Group are able to get out soon. All the employees want to leave. They know Phil Cannella is breaking the law and they are worried they will get in trouble when the authorities finanlly shut him down.

I found this web site. If you really want to know about the real Phil Cannella you should read it. He is such a horrible person that it's scary. The site is truthaboutcannellaDOTcom.

I just hope that that the authorities read this and that Phillip J Cannella, III gets a taste his own medicine. He has hurt so many people.

If you are thinking of working for him, RUN!
If you are thinking of investing with him, RUN!

Advocacy implies being free of conflict of interest.  Simple question for the FSFG folks.  How can you be free of conflict when you are only able to sell insurance based products and can not by law sell anything else?  Isn't someone who can sell any product more of an advocate?

FSFG are advocates for their own wallets only.  Buyer beware.

Phil Cannella and FSFG are not senior "advocates. An advocate does not turn a profit, they EDUCATE and ADVOCATE. I challenge FSFG to open their financial books and PROVE they dont turn a profit on senior citizens while pretending to advocate for them. FSFG is an insurance agency. They sell insurance. Period.

First Senior Financial Group is a senior advocacy firm.The above post is inaccurate and defamatory in nature.First Senior Financial Group always acts in the best interests of The American Retiree.The above post was obviously written by a self-serving disgruntled advisor that was at one time affiliated with First Senior Financial Group.In its ongoing efforts to always act in the best interests of The American Retiree, First Senior Financial Group terminated certain affiliations with some financial advisors, all of which are independent contractors, when it was found that they were self-serving and thereby not acting in the best interests of the consumer; it was these advisors that took advantage of the retiree by maximizing their own interests and attempting to line their own pockets at the expense of the consumers.First Senior Financial Groups corporate mission is facilitated through transparency.We invite any advisor, attorney, legislator or regulator to take us to task on this statement of fact.We at First Senior Financial Group are confident of our mission and the methods by which it is undertaken.We further invite the individual that made the post to back up their words with action your unsubstantiated allegations will never carry the day in any court or tribunal.Hiding behind anonymity on a web site is in and of itself proof of the baseless nature of these allegations.Step into the light and speak, as, out of the shadows, all can plainly see your lies.

Ripoffreport.com and its owner profess to be consumer advocates.Yet allowing disgruntled employees to post libelous information, without repercussion, does NOTHING to advance consumer advocacy.A true consumer advocacy firm, such as First Senior Financial Group, ALWAYS deals from the strength of truth.Ripoffreport.com, as seen through a multitude of law suits filed against it, hides behind Constitutional law that was meant to protect Freedom of Speech, not turn it into a shield for a business endeavor.This is exactly what Ripoffreport.com does; charging fees for a Corporate Advocacy Program and to act as mediator for a fee to remove defamatory posts such as the one posted against First Senior Financial Group does nothing in the name of consumers it is merely a marketing ploy to further the financial interests of a biased entity.