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World Financial Group, also known as WFG is a company that services financial needs. The World Financial Group Associate is able to offer a broad spectrum of financial products and services from a long list of service providers. A World Financial Group Associate work with clients that have large amounts of discretionary income as well as everyday folks like me. Associates need to live in the US or Canada to be able to work for the company and be able to provide the services. World Financial Group is part of a worldwide insurance company. They say that unlike other insurance and financial institutions that offer their products and services from only one provider, that a WFG associate can find any product to fit any need. They are able to provide insurance, mutual funds, and other products. What makes World Financial Group so different? I searched their website to find the answer to this, to see if they truly are different. This is what I have found: They provide the opportunity for you to be your own boss in your own business. (Same thing others provide). You can reach your dreams and help others reach theirs, (Still nothing different). You can help others by educating them on the financial fundamentals that can lead them to their dream, (still waiting). WFG is there to help provide excellent support, (Okay), Innovative training programs, and field-mentoring business model for you to follow, (I am doing this review and I am still waiting to find the answer that they posted on their site). (A little later), I found it, and they are a company that is one of the few that is dedicated to serving financial needs of individuals and families that are often ignored or overlooked by the financial services industry. They want to provide financial education for the middle class who can learn from their latest financial concepts and solutions. Their goal is to teach the everyday person how to work toward their goals and achieve them. From what I am gathering from my reading is that they have a great deal of support at their WFG Headquarters to help you. I guess I was looking for something that was really different from the other companies that I have reviewed. They will help you build a strong business by teaching you how to grow a strong client base. They will teach you how to recruit and mentor new associates. They have a Business Format System (BFS), which is the core set of principles of their Turnkey Marketing System. When you are a registered representative with WFG, you will be able to offer clients securities related products and services. Normally and insurance agent would need a Series 6 or Series 7 license to do this. You will be able to provide Mutual Funds, Annuities, Life Insurance, IRA’s and Roth IRAs. You will be selling college funds/529 plans, Pensions/401K, brokerage services, mortgages, property and casualty insurance. You will be doing this through the company WRL and Pacific Life, American Skandia, Transamerica Retirement Services, and Allianz. As I was not able to find their compensation plan, but they do state on their website that their Compensation System and Promotion Guidelines are subject to change at anytime. However, there is a lot of information regarding the Success Levels and how much the potential earning is along with the prizes. There are a lot of very positive testimonials of very successful individuals and couples available to read and you will be able to hear from the Chairmen of the company. Again, I could not find any information on the compensation plan or the cost to become a World Financial Group Independent Associate. That information may only come from another associate once you contact them.  |
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