World Financial Group look before you leap San Jose California

I believe you are correct, it's nothing more then a sales gig in disguise. It would be ignorant to say "it's a scam!" and call it a pyramid scheme, but the real problem does lie in their methods. At least the crooked used car salesman only screws complete strangers. WFG customer base is their own employee's friends and family. 90% of the people who have had contact with them were referred by someone closer then an acquaintance. I had the misfortune of attending a seminar and it's a bunch of sales techniques and ploys in itself. There's being upbeat and excited about what you do and wanting others to feel the same way, and there's using it like it like a tool. After reading a lot about this company I've concluded it is probably in no way illegal, but they are not the company who is in the business of helping families like they claim is their only purpose. So for that I say **** em'. Also, I would love for some shred of evidence that shows they are as big as they say they are. Everyone involved claims they are one of the biggest companies in the world but I had never heard of them until I was dragged into their mediocre building. I've heard of Coca-Cola so they take the edge on bigger company in my book.

WFG is not a job, but you get and independent contract with them and all the investment and insurance companies to do business and help people. Bottom line is alot of people in WFG present it as a job not business.

Its a great company doing great things, but unfortunately some people misrepresent. Those that get licensed and follow a system really do well, but it's not for everyone, but beats working for someone else. Very low overhead and a person can start part time.

I walked out of my fast start interview with WFG today because the trainer was telling me to lie by omission. I suppose this is par for the course in any sales job where you want to be wildly successful -- leave out the details that you don't want the customer to know about just yet. I can go along with that to some degree --- the handyman I'm handing out flyers for suggests not mentioning that he is licensed or has lots of experience or that he can bid less than other contractors. The first two points tend to turn off the customer because they automatically think that he will charge lots of money. The customers seem to want just any young kid who can hold a paint brush or a screwdriver so that they don't have to pay as much. The latter point is left off the flyer so that other contractors don't get pissed off and start a bidding war. The flyers are getting a 3% response rate, which is good I suppose.

The problem I have with WFG is they go one step further than this in their lieing by omission. In my calls to my warm market (which I'm supposed to start making before I even know exactly how you get a guaranteed 1% return to 12% return on your non-investment in a life insurance policy) I'm not suppposed to mention that the company is named WFG because the word "financial" makes people think that you are after their money. (In the handyman flyer example that would be about as logical as leaving off the company name and phone number from the flyer! I guess then the customer would be stopping every young kid on the street asking them eagerly if they are the new fix it man in town. ) I have to say exactly what is in the 5 page script, no less and no more. If WFG had been up front with me about exactly how they get their "10% return for the last 80 years" in their non-investment (which according to my best info you get your money out of by using a tax free loan, not a taxable withdrawl) then maybe I would have stuck with them a little longer. But if they can't even volunteer the info on this to the insider (me) before he starts making sales calls, well that is just below par in my opinion. They should get a billboard in times square and publish the answer to this question if they really want to do business in a fair and transparent manner. I've looked for the answer to this question on the internet and it is nowhere to be found. If an insider knows the answer to this question, publish it here and I will read it.

Just to be clear, I'm not a quitter. I just don't see any point in putting effort into this lost cause. I have plenty of other irons in the fire and I don't really need to spend $500+ on this non-job. By the way, if you want to sell securities, which are an inevitable part of the VUL product, you need to get an S6 and S63 license and, according to an insurance agent from another company, spend $300 per month on insurance to cover your a*s in case you get sued by a customer who is smarter than you.

Xsndx
Tustin, California
U.S.A.

Let the credit card co. know that you were not satisfied with WFG's services they offered. Plus, since they did "run a background check" (which I highly doubt). they should have provided you with a copy of the background check according to the Fair Credit Reporting Act.

I paid $100 for a background check
But i decided that i no longer want to work there so i called them right away
and told them to cancel my background check.
but they said its already been processed and it's too late to cancel.
How did you get your money back?
did you file dispute through credit card company?
does anyone know how to get the money back?
please share your information!

I have been taken back! I have to admit after mireing through the muck and crud that has filled this site, it is refeshing to have read an honest legitimate opinion. The fact is this company is a sales company, unconventional, yes. multi level marketing, yes. Can you make lots of money? Maybe, if you cannot sell yourself, you had better be able to refer them to people who can! At least one honest and intelligent comment.

Guess what --- WFG really is a sales job. For some reason, people seem to believe that they can have something for nothing. And, that something for nothing includes employment! If noone is willing to pay you a salary of 100k a year now, neither WFG or anyone else is going to pay you a salary of more than you currently earn. However, because WFG is a sales job there is an opportunity to do well. Every sales organization in the world is a ripoff to people who are unwilling to work. I've been with WFG for 15 years and there are two things I have never seen. First, I've never seen anyone ask somebody to refinance their mortgage so they could invest. Our compliance department would throw an absolute fit about that and they do check on it on a regular basis. Second, I've never seen anyone fail who worked. My definition of failing, by the way, is someone who earns less with WFG than they did on their previous full time job. I've known a lot of people who tried WFG and gave up. If you simply tried to work a few hours a week at a company and got fired, would you blame the company for your failure. As silly as that sounds most of the people who complain about WFG would do exactly that they would complain that there is something wrong with the company instead of realizing that there is something wrong with them. One last comment, in July 2006 my wife was diagnosed with cancer. Thank God I have WFG. I was able to go to every one of her chemo treatments and most of her radiation treatments. Try that with a non-sales job!