World Financial Group Complaints and Reviews

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World Financial Group
Main address: headquarters 30097-1517 Duluth GA
770-453-9300, ,
  • 90+3 mobile complaints
  • $17.8K claimed losses
  • $192 average
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  • Sep 12
  • Finances
  • Yorba Linda, California
  • Model Recruiting
  • 11
  • 11
  • 644

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? 12 1

     

  • Sep 01
  • Finances
  • Blackfalds, Alberta
  • Positive Experience
  • 5
  • 5
  • 863

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? 6 3

     

  • Aug 29
  • Finances
  • Investments
  • 5
  • 5
  • 921

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
  • 744

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 6

     

  • Aug 25
  • Financial Services - Consulting, Marketing
  • Employment Difficulties
  • 6
  • 6
  • 1043

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? 18 4

     

  • Aug 25
  • Ex Employees
  • Laguna Niguel, California
  • False Promises
  • 1
  • 1
  • 882

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? 10 1

     

  • Aug 24
  • Finances
  • Brainerd, Minnesota
  • Recruiting Meeting
  • 530

Friend got me involved in WFG. $300.00 UP FRONT FOR BOOKS I NEVER GOT. THEN THEY WANTED ME TO TAKE OUT $ 100,000.00 of equity from my house to invest in China on a 4 option interest only loan ...........When I told this to my personalbanker they said GET RID OF THEM....!!!!!! .THEN WE WENT TO THEIR FINANCIAL classes which turned out to be a recruiting meeting. Good god, what a bunch of scam... Read more

Was this review helpful? 7 2

     

  • Aug 16
  • Life and Casualty Insurance
  • Louisiana, United States
  • Positive Experience
  • 4
  • 4
  • 516

WFG IS THE BEST BROKER DEALER IN MY OPINION THEY HELP ME TO FIND THE RIGHT PLAN FOR ME AND MY FAMILY AND I SEE TREMENDOUS GROWTH IN MY PLAN EACH YEAR THE AGENT WAS VERY KNOWLEDGEBLE I HAVE BEEN WITH WFG SINCE 2003 AND I RECENTLY BOUGHT ANOTHER PLAN FOR MY NEW BORN I AM REALLY SATISFIED WITH THE SERVICE AND PRODUCTS I HIGHLY RECOMMEND WFG AND ITS AGENT TO ALL MY FRIENDS AND FAMILY. WHAT I LIKE THE... Read more

Was this review helpful? 6 11

     

  • Aug 15
  • Finances
  • Insurance
  • 4
  • 4
  • 989

WFG has structured thier business targeting weak people who are disregarded at thier jobs, dissatisfied and people who knows that they have the capability to do well more. With that said, WFG will find people and recruit them and with all the words of wisdom shared on the meeting where they will meet people who are professionals (mostly by degree but are not licensed in the US) and regard them by... Read more

Was this review helpful? 14 10
 
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