World Financial Group Complaints and Reviews

Had an experience with World Financial Group?   Submit review ›
World Financial Group
Main address: headquarters 30097-1517 Duluth GA
770-453-9300, ,
  • 94+3 mobile complaints
  • $17.8K claimed losses
  • $184 average
  • Show More
Had an experience with World Financial Group?
Submit review › Submit review ›

  • 2 hours ago
  • Finances
  • Miami, Florida
  • 5

fyi they are a scam ... had a friend whom was an "associate" if i remember correctly. she and her husband were a few years deep and never made enough money. its based on getting people to sign up. i wanna say 7 years ago i went to a seminar and it was the weirdest experience. left within 20 minutes the speaker was entertaining but also spoke of how much money he made and showed photos of his cars... Read more

Was this review helpful? 0 0

     

  • 9 hours ago
  • Finances
  • Newark, New Jersey
  • 14

When I read the complains, I wonder if people are not happy with the life insurance or annuity policies or with WFG company itself. If the complains are because of WFG, the way they market the products, then, can anyone recommend a better broker dealer that they have a good experience with? If the complains are because of policies, permanent life insurance or annuity, can anyone tell me if all... Read more

Was this review helpful? 0 0

     

  • 16 hours ago
  • Financial Scams and Schemes
  • 91

Oh do I have a story to tell about WFG. Due to these agents and their scams I have lost my family's whole life savings. This company needs to be investigated and sent to do some serious jail time. Not to mention repaying all their clients who they have scammed. And as for all the geniuses who claim this industry is so regulated, they don't know what the *** they are talking about. When I... Read more

Was this review helpful? 1 4

     

  • Sep 18
  • Life and Casualty Insurance
  • Life Insurance
  • 6
  • 6
  • 846

I was lied to by WFG. I was misguided and I was told I could retire off a minimal life insurance premium. I was also never told about the high fees included in annuities, I wasn't even informed that annuities had fees, so even if you have a fixed annuity, you will still lose money towards fees. The stories I hear are endless, both from families being misled and misrepresented and from agents who... Read more

Was this review helpful? 5 11

     

  • Sep 12
  • Finances
  • Yorba Linda, California
  • Model Recruiting
  • 17
  • 17
  • 1270

Their entire business model is based on getting a clueless recruit to submit their list of the top 25 people they know and then using the recruit's relationship with these people to set a sales appointment. They tell the recruit and also the target that it's 'field training' when it's really an opportunity for the 'trainer' to earn their reduced commission at the expense of the recruit. Most of... Read more

Was this review helpful? 19 6

     

  • Sep 01
  • Finances
  • Blackfalds, Alberta
  • Positive Experience
  • 7
  • 7
  • 1212

I have had experiences with world financial group for the last 2 years I have been a client. I switched my RRSP from the bank and with a company they use and they have made me way more money in the last 2 years then the banks ever did! I also purchased permanent insurance for myself and my kids which is also building an investment! I have learned so much from my advisor as they explained... Read more

Was this review helpful? 12 3

     

  • Aug 29
  • Finances
  • Investments
  • 5
  • 5
  • 1304

My rep is a sweet talker. my sister and myself believed her as she is a friend of the family. We took a loan of $50K each and invested it and now we received a statement showing the investment value to be $24K. When I asked her why she did not move the investment when she saw it was not making any money, she says we were all waiting for the market to grow!!!! What a lame excuse and guess what... Read more

Was this review helpful? 3 1

     

  • Aug 27
  • Finances
  • Multi Level Pyramid
  • 11
  • 11
  • 984

Ever since I joing WFG all I have experience is a bunch of lies: What agent did for a living. Having no friends and knowing nobody in the city. Finding the cheapest product. Instead selling a product that was 90% more with half the face value for one policy. No caring and finding a better, cheaper product. Charged $60 more for a product providing four times less policy face value. Lied about a... Read more

Was this review helpful? 2 9

     

  • Aug 25
  • Financial Services - Consulting, Marketing
  • Employment Difficulties
  • 7
  • 7
  • 1349

I tried to give WFG a try .... I really did, but after 3 months I'm walking away. One thing I had a real issue with was the way they take your best leads from you. They will encourage to recruit even though you don't have a license yet, and to set up sales appointments even though you have no license. You can't make any money till you get a license, but they will tell you to set up appointments... Read more

Was this review helpful? 24 5

     

  • Aug 25
  • Ex Employees
  • Laguna Niguel, California
  • False Promises
  • 1
  • 1
  • 1149

I believe any system can work if you work it, including WFG. The problem is that, the woman who brought me in was such a good liar. They say the devil is good because he tells the truth 99% of the time with a deadly lie 1% of the time. Well, watch out for people who may be very successful at WFG. They show you glossies of their Forbes Magazine as if Forbes themselves endorses them but really it... Read more

Was this review helpful? 12 2
 
×
You are reading about World Financial Group.
Filing a new complaint about
×