World Financial Group Reviews

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Manager Review

The manager for the world finance in Valdosta ga on Norman drive is a real ***... He claims they don't have grace period which is a lie and I called corporate so he should be getting a complaint from his vice president from me..
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#493724 Review #493724 is a subjective opinion of poster.
Charlotte, North Carolina
I'm not apart of wfg or associates but I must say they didn't take my money nor did I feel pressure to give them my money It seems like a legit business. I would do it if it was for me. Its not so Ill move on to the next opportunity. I think the people that quit or...
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If there is nothing wrong with the company or their associates why didn't you at least become a client? Pressured or not....there is plenty wrong with it....lack of expertise and knowledge....

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#483570 Review #483570 is a subjective opinion of poster.
Salinas, California
When I answered I supposedly spoke with Rhonda Jenkins and she set me up for a "company overview" for February 6th at 1 pm. For some reason, I did not trust the fact that she called me from a blocked number and then she gave me a "915" number to call back. I researched...
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You might have talked to some one else. Blaming someone unless you are sure is not a good practice.

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#473897 Review #473897 is a subjective opinion of poster.
Los Angeles, California

WFG/Transamerica......Someone stop them

This is the kind off junk craigslist is letting on their site. It specifically says that no MNL companies are not allowed to post and that you must offer straight up hourly pay or salary. I was noticing some in the Denver area so I looked down to Colorado Springs and Pueblo and there all over. These new brainswashed agents are regergitating the same things there predecessers said before them. The sad thing is that they think no onel else is saying this crap. Sell the dream baby! They have been saying that there going to open a new office every month and none ever do. This company makes big promises and never delievers. I wish someon could talk some sense in to this agent -------------------------- Financial Services Career Opportunity (colorado springs area) I am a Registered Representative with Transamerica Financial Advisors, Inc. . We are currently experiencing rapid growth in the area. At this time, we are needing to staff at least one new office location here in the Colorado Springs area. To meet this need, interview opportunities are available for persons who are business/finance oriented and looking for a career change into the lucrative Financial Services field. An updated Resume, set of at least three references and willingness to attend our corporate overview are required to help determine if this could be a proper fit for you. If interested, please contact Lori Belzer at 719-573-****. Please respond before November 21,2013. Thank you. Lori E. Belzer Registered Representative Transamerica Financial Advisors, Inc. 719.573.7622 Location: colorado springs area Compensation: $60,000-$90,000 first year earning potential Principals only. Recruiters, please don't contact this job poster. Please do not contact job poster about other services, products or commercial interests.
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Flag the ads. That is all you really can do and hope enough others do as well to get the ad removed.

You can also post warnings on craigslist. Anyone who researches this "opportunity" will know enough to avoid them.


I can possibly understand your concern but this is not the way that the company works. This is and has been presented to you in the incorrect fashion.

It is not a scheme and it the goal is to help improve lives.

I am an Agent and have been for only 3 months but I do know that you should not have received an email like this.


You have drank the Kool Aid - get away from this scheme - you will never make a dime, and the only people you will help are those running your office who are keeping their spot on the pyramid and taking fancy vacations and enjoying other perks because....they have recruited people like you, who will bring in other people like you to be agents (that's really what you do all day, right? Find people to "help" with a great new career "helping people?"


I've been on board with the company almost a year now. I'm doing very well.

This company and business platform is definitely not for everyone!!!!

You say we're only helping the people "running" the office.... so how do you think those people got to where they are at? It takes time to get to that level.

It sounds like no one has taken the time or you haven't given anyone the opportunity to really give you a breakdown of how the business platform is designed to function. I hope that you would set up several meetings with individuals (with sufficient experience) that can supply you with that info.

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#457424 Review #457424 is a subjective opinion of poster.

WFG Advisor completely oblivious

I had all these funds in all different pensions and RRSPs ect. I would leave a company and just leave my funds there. I wanted to consolidate and I met my advisor at a church function. She seemed so great. Seemed to care and seemed to be helping me move everything into one place. A couple years go by and I decide I want to clean up my files. I contact my advisor about confirming that some of these old papers can go since we moved them. She told me I'd have to call each one to check into that myself as WFG doesn't keep a list of what I have moved.. They only show who has my money. I phoned them all and then even phoned where my money was and found out she has be locked into things until 2018 so she gets higher commission trailers! I'm moving my funds right away.
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There are good and bad representatives in every industry. Yes, the WFG rep should of shared with you (in detail) all aspects of what they are doing for you and restrictions that may be faced.

Also at the same time asking "how long will it be before I can "touch" my money?" (and also seeing it in print) is kind of a key question don't you think?

Both the rep and the client failed!! Once again this can happen in any industry...


The people who clicked on *** must be WFG people. which part of this is ***?

it is completely true. But do you inform your clients about it? NO.

WFG is a total BS. Stay away like a plague.

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#454106 Review #454106 is a subjective opinion of poster.
Florence, Mississippi
New Reviewer
This company is total BS. I was told I could save for my kids college fund and borrow against the account. After 18 months of depositing $100.00/ month, I was told when my kid is 30 years old (he is 4 now) the account would be worth $30,000. This makes No sense because...
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Has your bank ever been sued?

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#446637 Review #446637 is a subjective opinion of poster.
I was a recent college graduate, and was unemployed. Had a good friend I'd known for about 2 years who was in WFG but never openly talked about it to me or pushed it on me. She offered me the opportunity after I graduated. Now mind you I'm a huge skeptic and of course...
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Agreed. It really all boils down with your work ethics attitude, who you work with or if the office is the right fit for you.

Don't expect all members from any group or organization to handle business ethically. In every group there will always be good apples and bad apples. I have switched from one office to another: the setting and atmosphere between the two are different.

The old office I went to was mostly full of middle-aged immigrants and I felt like I didn't fit in well with them...they seemed pretty phony too.

I currently go to a diverse office; some of the members are middle-aged people but most are young and well-educated students/graduates.

They are genuine people who truly value teamwork.

Again, it really depends on your own attitude and who you work with.

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#443494 Review #443494 is a subjective opinion of poster.
Dallas, Texas
New Reviewer

WFG Tried to *** in.

WFG Reps tried sucking me in twice Under another company name. They did not know I had been there before . When Mr.Qu in Diamond Bar, Ca thought he had me on the hook he demanded that I give him my drivers license and $100 to get started I knew who and what this was all about. The worst part was that most of the people in the group were over 50 and we were told by Mr.Qu that no one was ever going to hire washed up people over 50 and that we should be lucky they wanted us. My question why would a Doctor leave his practice for MLM? That was my first clue. Plus he was just a *** that could not speak proper English. I really felt sorry for the elderly couple who were trying to recruit me. They did not deserve to be duped like that. They were nice people. I am pissed that I need a job and all these people do is dash your hopes and waste your time and energy and try to insult your intelligence in the process. All I can say is if these kind of people call you,turn and run the other way as fast as you can.
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Apparently people you bad mouth are the ones who made it big. Before you judge why don't you reflect on yourself and see where you are at this point in life.


Apparently you mr anon.haven't seen the figures for WFG agent...756 million for 250,000 agents and recruits..remove the top 0.5% and 99.5% make just over 2,200$/ either your the one taking advantage of the recruits or are the top .5% that make over 50k/year...I've very suspicious of all the millionnaires that you say you are..Who gloates about how much money they make while asking policy holders,family and friends for enormous amounts of money on IUL'S..Where do you think your money comes from..yep you guessed it the bottom of the pyramid (recruits) and the policy holders(family and friends)...Congrats!


I work at World Financial Group (WFG). WFG is a part of Transamerica. Aegon owns Transamerica. The initial investment that you make into your WFG business is less than $500. This is an amazingly low investment. To give you perspective, to start a Starbucks franchise costs several million dollars.

I've worked at WFG for 10 months now, full-time. It's an amazing business. I've already made around $10,000 in it. Every year my income is going to grow because we have an amazing training program that teaches associates exactly how to grow their income.

Once I have kids, I plan to do what many women at our company do and take time off work. But the paychecks will still keep coming. The best way to do business at WFG is to build an agency. Then you help more people with their finances, you give an amazing career opportunity to more people, and you grow rich while not having to work. One out of every 79 full-time workers at WFG earns over a million dollars per year.


@Malaysha Pba

Rasa P is a WFG sock puppet poster. You can find this person posting the exact same response on WFG complaint threads located on multiple websites. Ignore this person


Actually, I am Rasa, and I am a real person. I'm Associate level at WFG, and I have an office in South San Francisco right now. I guess some people are just negative and will tell everyone lies.



I have a great position that allows me to earn in excess of $10,000.00 per month. That's just the commissions.

Residual income is another $4,000.00 per month and continues to grow month after month. So currently I'm pulling in $14,000.00 per month gross. Some months are obviously better than others but I do fairly well overall.

The kicker is that I don't have to recruit anyone or build a team to achieve this income. We also don't have any mandatory seminars or sales meetings to attend.

The only meetings that I attend are the ones related to new product roll outs.

My industry is mainstream and I do business with business owners. I'm not dependent on any down line to supplement my income. I don't have to get friends or family involved with my business. As a matter of fact, none of my friends or family members are even remotely qualified to work with me.

I'm glad you're happy where you're at but the industry I'm involved with affords me more opportunities to reach my goals faster.

In my industry, it costs me exactly $0 to get started and $0 for all the training I have access to.

Business cards are provided to me free of charge. The only thing that I pay for is any marketing materials that I might want to get printed up and even then its optional because I don't really need it. Also, the marketing materials are customized for me for no charge and delivered to me via email. If I want to print it, I can choose whomever I want to do the job for me.

I work full time but I set my own hours and work the days that I choose to work.

You might be wondering what industry I'm in. Well, I'm not going to say because I'm not trying to convince you to join my organization (and frankly I would prefer that no one else does). I'm just saying that there are many other ways to achieve your financial goals.

You just need to keep your eyes open. Cheers!

@Malaysha Pba

If you believe that you're a fool..if that were the case everyone on this planet would be working with this ponzi.

@Malaysha Pba

Bunch of ***, I part of the team for 2 year and didn't make ***

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#423480 Review #423480 is a subjective opinion of poster.
Diamond Bar, California
2 years ago 2 financial reps came to my house (one of them was a family friend) to sell a life insurance plan for my husband and myself. We were not given a medical and were told that the actual cost of the life insurance was $70 for both of us. They also wanted us...
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WFG indexed universal life works great for term 15+ years. It's good for retirement and for college saving for little kids, and of course as family protection.

If you need imcome replacement insurance you have to tell agent about it. If you plan to take money after 2 years, put on saving account . 2 years is too short to get great benefit what this product offering. You can plant potato in April and take out in may - you get nothing , if you wait till fall you harvest allot!

Think about it.

I believe you didn't read contract and now blame agent. Policies have 10 days free look. You can cancel and get premium back.

Its true that some people better in profession then others, good teacher-bad teacher, good hair dresser/ bad hairdresser, good cook/ bad cook.

It's can happen in any company . Big banks also can scrue up your 401(K) and you will waits 5 years.

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#399336 Review #399336 is a subjective opinion of poster.
Toronto, Ontario

Russian looking, professed millionaire at 18

First of all, I don't know how he (they got my phone number). Certainly I couldn't remember applying for a job with them, though I'm job hunting. I hate sales, most of all door to door, telemarketing or traveling sales. But I got a call from one Izaak (his name)and scheduled an interview. I showed up at the appointed time. He immediately came out of his one room office and ushered me in. He delved into the business ownership aspect of WFG (World Financial group). I was not impressed at the so-called presentation, since the video or presentation couldn't work, and did not see anything on his computer. He decided to just explain how much I will be making running my own business. Wait, if I wanted to run my own business, I will not be speaking with a Russian-look-alike mafia in a suit, in a one room office. At the end of the empty talk, he asked for a $100.00 fee for a background check. Wait, a legitimate business will not ask for money upfront for anything. That's a big turn off and a big red flag of more ominous things to come. Of-course, I told him I didn't have any money. He then scheduled another meeting where I will bring the money. He also stated that the training I will need to work with them will cost between $300 to $500 for training, exams, etc. He also said all I need is to talk to people anywhere and everywhere about their need to invest in their retirement, children's college, emergencies, etc. All this happened on a Thursday. He said I could easily make 6 figure income and get paid twice a week. Yes, two times per week. Never heard that before. Scary. And we rescheduled for the following Thursday of the following week. But on Sunday he called me, twice, without leaving any messages. He can't wait to continue to perpetuate his fraud. But he will never see me again.
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How is getting paid twice a week scary?

I have been in the company for over 3 years and receive my checks twice every week, yes I said twice I hope that didn't scare you.

I am just amused at how *** people can be...

in no shape or form is this business illegal

just ask yourself this question would the department of insurance issue a license to a business and its agents

would the SEC that is the Security Exchange Commision regulate a business that is a scam would I be paying a 30 dollar Errors and Omission coverage to ensure proper and ethical business please people have the decency to use your brains after all i hope that there is something between your two ears


The WFG or any financial institution, that I know of, work as a team. If your representative cannot answer your questions, if he/she does not understand the product adequately, ask to speak with his/her superiors.

If you still cannot get any answer, then perhaps you really have a problem. However, I would be very surprised because WFG belongs to Aegon which is a Fortune 500 company.


It is a scam, I spoke to several relatives and friends that were victims and the agents have different versions as to how they would sell their products but the goal is to recruit members and sell product or services that you don't need. Like finding you grants for college, providing guidance to go to a certain university etc.


I notice that a few comments are copy and paste, same people saying the same thing to all posts. and voting down the posts.


I work at World Financial Group (WFG). I've worked at WFG for 10 months now, full-time. It's an amazing business. I've already made around $10,000 in it. Every year my income is going to grow because we have an amazing training program that teaches associates exactly how to grow their income.

Once I have kids, I plan to do what many women at our company do and take time off work. But the paychecks will still keep coming. The best way to do business at WFG is to build an agency. Then you help more people with their finances, you give an amazing career opportunity to more people, and you grow rich while not having to work. One out of every 79 full-time workers at WFG earns over a million dollars per year.

To start your WFG business is very inexpensive. To start a Starbucks franchise location costs several million dollars. To start your WFG business costs less than $500.



I don't understand paying anyone to handle your finances that does not have a finance or insurance background. Are reps required to tell prospective clients about their lack of education??


sounds like you misunderstood the whole scenario. World Financial Group is a legitamite business.

If you were to open a restaurant, you would need to invest millions to get started. Why would a $100 start up fee and State licensing cost scare someone if they understood the business model? Most people spend more than that on a night out on the town.

Talk to a realtor about their start up costs and then ask yourself; what if you just missed a great opportunity just because you didn't ask questions? Instead of assuming that it is a scam, ask questions and get clear on what you are talking about


I recently went to an orientation where I saw an excellent presentation. However, not one of the principals involved in the meeting would discuss specifics. They all did request an immediate follow up to discuss opportunities further.

After the discussion, a reception was held for those currently on the team, and I did ask several of the new people about their experiences with the firm. Responses were everywhere across the board.

Other than having to acquire a "life" license, no further licenses were held by the newbies. How can you sell other products without the proper licenses?

It seems from my initial discussions, selling life products is the main thrust for these folks.


All other products are done by referral to experts so that the newbies as you called them, can help families with a more complete financial solution until they are qualified to discuss further products. World Financial Group is all about helping families save money on what they already pay in debt and taxes, get better returns on investments and provide better for their families.

Agents work as financial educators and brokers for many major financial corporations and yes, proper insurance protection will always be part of a complete financial solution for families.

World Financial Group is the only firm out there that average income families can get the attention that more wealthy families get from the financial industry. I strongly suggest that you ask questions until you are truly clear on what is offerred and why.


That's Funny.. I'm sorry to hear that you feel that way..

But Yes we get paid twice a week because I know I get direct deposit twice a week.. Just because you never has a job that pays you right does not mean its not true.

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#393595 Review #393595 is a subjective opinion of poster.
Philadelphia, Pennsylvania

WFG Consultant Errors

Wow! WFG is a disaster. My girlfriend was approached by a friend that had become a WFG Consultant - they had some great conversations, my girlfriend expanded her knowledge of investments and from there decided to take her friends advice and invest using WFG. The WFG Consultant recommended a TFSA and a Universal Life Insurance policy. At the outset, both investments seemed pretty good - the TFSA was invested in a decent fund and the numbers looked good on using the cash value of the Universal Life Insurance as an investment. Once the applications were submitted and the documentation arrived the story takes a twist. The MER (management fees) charged on the TFSA turned out to be 3.45%, almost twice as high as is industry standard. This of course is how financial service providers make money, taking commission on sales - WFG sells products with above industry standard fees but people don't realize that unless they have done their research. So, you end up paying more for the same service through WFG. The big issue though became the Universal Life Policy. It turns out that the WFG Consultant didn't know what she was doing and selected a number of incorrect boxes on the policy application form. The result was the issuance of a policy that had such high cost of insurance fees that my girlfriend would have lost not only all of the cash value in the policy but would have defaulted on the policy itself as she would not have been able to pay the COI as years went by. When the errors in the policy were brought to the WFG Consultant's attention - she refused to acknowledge the problems with the policy. She was aggressive, manipulative and tried to take advantage of my girlfriend just so she could make her commission (and she was a friend). While I agree that WFG brings investment and insurance opportunities to a sector of the population that is underserviced - their staff are unqualified to sell the complicated products they offer. They are salespeople not financial advisors. If all they sold were basic investments that couldn't result in massive mistakes like this, it would be no big deal but that isn't the case. WFG's mistakes will cost people their lifesavings. Thank you, Charlie
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WFG is for deceptive people. WFG is give you license to swindle and stay away from jail.

They lie, manipulate their way into peoples home. They start with no pressure info session. Once you gave them room to stand, they make room to lie down.

This is only financial firm, where their agent has whats so effer no financial knowledge or education. People stay away from these swindlers.


Lot of WFG so called financial expert failed grad 10 math. They have what so ever no financial training.

They will remind you wall street wolf movie. WFG teaches how to fend objections, how to make quick sale. it is all about money in their pocket. I call it small time crook.

They are doing is totally legal. All small sales makes big pay back. Folks stay away. Talk to your bank and their qualified financial planner.

They moto is no family left behind. which means with taking their money and putting in high cost insurance and investments.


I am commenting as anonymous in case someone reads this and sends it back to people I know. I was introduced to WFG by a friend.

I was real interested in the "education" aspect of the company. Also, the no pressure sales, and if you join them the no pressure in producing. Produce at your own rate. Or so I thought.

I was already working with a highly skilled educated financial advisor. My initial intent was to possibly join with WFG to help with my current position with my current Investment advisor boss. On my initial meeting, it was good, I thought gee they really have a way of training the uneducated. And it was no pressure.

Just informative. The people, most all Asian, were real nice too. I wanted to come to the meetings to learn more. I asked my friend who had only been with the company for 6 months, many questions, and since she was always an honest person, I thought she was really out for my best interest, thus answered the best she could.

I had my children meet with a WFG Financial Advisor and he showed them the IUL (which seems to be all they sell). When my daughter went to meet with him, my Friend was there, but I was unable to make it. My friend txt me asking if it were okay to sign her up as a WFG person so I could get my 3-3-30 going. I txt back, No, not yet, (as we wanted to review the illustrations first) She did it anyhow, as a "gift" to me.

I told her that I had my own plans, and this wasn't the time. She said she would ask her up-line person to cancel the membership, who was at the meeting. I was informed only a couple hours later on that day, that there was nothing they could do about it, and they couldn't reverse the sign up. That was red flag # 1, isn't there usually a 48 hour change of mind rule?

Red flag #2 came when my friend kept txting me that night. I missed the txt as I had turned off my phone, so, she thought I was mad at her. She finally said in a txt, She can't understand why I would be mad, she is out more than me, and that she spent a lot of time with me. She also confessed that this "gift" for my 3-3-30 was to surprise her husband that she made Senior Marketing Director for the month.

So, the gift, was really a selfish gift after all. Red Flag #3 came when I asked the Financial wiz for the Client illustrations verses the Agent copy he sent. He replied, "What do you need that for? if you have any questions, just ask me".

For the record, and for others reading this post who are unaware of the Client illustration, the illustration provides the client with all the details of the policy. This is very important to have so that the client has full understanding as to what they are signing up for. Finally after asking a third time for them, he forward them to me. This is Investment 101, give the Client their Illustration, not the "Agent" quote where it states "For Agents Only".

Red flag #4 After the advisor looked at my portfolio he seemed concerned. At my age, IUL's aren't very beneficial and are quite expensive due to the Insurance portion that needs to be paid. I asked him well what should I do? His reply without hesitation, "well, you could get divorced".

I was shocked when I heard that. He wasn't joking either. this way I could rely heavily on government to take care of me. In addition, I leaned that the advisor had been engaged for 12 years living with his finance and mother.

He hasn't married her, and why should he, this way she gets all the Government freebies, including the ACA Medicaid, as she shows no income, along with his mother who lives with him too and shows no income. Although having your own business provides you with a lot of write offs, and tax loopholes, I particularly find it offensive that a financial advisor would be that deceptive to not marry this woman so he can leech off the government dole. I guess that's what they teach you at Asian school. In addition, if he is this deceptive in things that matter, how would he be with our investments?

Red flag #5, my friend continually would make remarks about my boss, assuming he was hiding things from me, and probably didn't want me to know about certain types of investments. I found this to be un professional. When my boss chose not to join WFG as he saw it was a multi-level marketing organization, and due to my conflict of interest working for him, and then working for WFG, I decided not to either, she assumed that I was way too loyal to him, and I better hope he would be that way to me. From the beginning, I made it perfectly clear that I was not planning to quit my job, as I enjoy working with my boss and I have learned a lot.

He has integrity, and talk about an advisor who spends time with his prospects and clients. He spends far more time with people and may never see a dime from his work than my friend felt her and the WFG advisor ever had with me. Let's be real when it comes to our money, people don't like to be bullied into purchasing something, if they are not sure that it is beneficial. They need to trust and know they are dealing with a reputable, educated and honest advisor, not with some fly by night marketing wiz.

One comment above on this site, said, you need to really know your advisor before investing. I know mine, yet she jumped on this band wagon of WFG since September of 2013, and believes every word they say. I have been with mine for over 5 years. He's not out to make a huge commission off of someone if it is not necessary.

I know I can never tell my friend all this as She drank the WFG Kool-Aid, and she believes I am living in fear for not quitting my job, and moving ahead full force with WFG. Once some of these red flags became apparent, I read WFG's 3-3-30 plan myself. It was their online PDF document. It made my stomach turn.

It was true, that it was about selling IUL's but it was mostly about the "dream". The Dream of owning your own business (which my husband and I have owned one for over 25 years, and it isn't all bed of roses), The dream of traveling. (Traveling to these rah, rah, 4 day marketing events all over the world, which means I have to take precious vacation time to attend) The dream of tax write offs. People who have owned their own business have a real understanding of what write offs really are about.

You have to make money and pay for these events in order to write it off. But the money still has to come out of your pocket. In my experience every time I went to a meeting, there was another rah, rah, event that was being scheduled. Usually out of town, and some pressure that you must join it too.

When I was still in my observation stage they almost had me signed up for a $1500 trip, which I could "write off". Unfortunately, It was in Tax season, and I had Taxes to pay, that I couldn't "Write off." Thank God, I bowed out of it. So for all the money you'll make, much of it is then spent on these trips and seminars which you'll pour back into "your business" and theirs, because they are not free. Then lastly, developing your team!

Now, I have to be in charge of team of people underneath me too? I really have no desire for that responsibility. The supposed Dream of working your own hours, seems like BS. My friend works nearly 24/7 meeting her "goals".

She might enjoy it, but I like my down time and family time. I think I have the dream job now. Oh, yes and one more red flag I forgot to mention is my friend said that We must get our 3-3-30 all in one month and if I don't have my life license that is okay. Since WFG is a "Family Company" you'll want to get your family to join and purchase an IUL, and since you can't get paid a commission off your family anyway, get that in immediately, so you'll still get points.

READ THIS VERY CAREFULLY. You can get commission off your family, and your immediate family if you have a Life Insurance License. So don't buy into this propaganda. As long as your family members are 21 and older, you most certainly can get commission from selling them any life product.

Why give up your easy soft sell prospects to them for some lousy points which can only be used to go to one of their exotic Rah Rah events? In addition, my boss is so generous that even without my Life License, he is willing to give me a bonus of up to 50%, for referral and with my life License commission up to the full amount. In addition, I have read a lot of peoples positives and negatives regarding WFG. Over the past several months, I have read where people dealt with an advisor who didn't know anything about their product, and thus mistakes were made.

I get tired of seeing the response. Well, you need to go and find another advisor. Or you should have asked the questions. Most people don't know what to ask.

Most people don't understand that just because someone has a life license, they really are not educated in the products they sell. I have worked for over 5 years and I still have many questions even being around the Insurance industry all these years. It is a complicated industry. So, if a friend or advisor is being pushy for you to buy one of these products, you need to step back and take a breather.

There is a big commission in products like IUL and Whole Life products. There is a much smaller commission in Term. But Term might be better for you. In addition, you can purchase a Term life, and convert it over to an IUL without going through another health screening too.

It may cost more, but if your young and you are not sure if an IUL is for you yet, apply for a Term Life policy with a reputable advisor and company, get the facts on the IUL with that same company you will purchase the Term Life, and then at least you have some term insurance for now, and can in a couple years change it to an IUL when you are more settled in your career. WFG is a good place for people who are sick of their jobs, want to "own their own business", and live this type of "dream". They also do sell IUL's from reputable companies. But if all you are looking for is financial investment for retirement, then find an advisor in your area.

Ask a friend or family member who they have worked with and they will lead you in the right direction. Most importantly with WFG or IUL products don't buy into the fact that in a couple years you can start taking money from your IUL'.s This is not true. You most often need to be in the product for 7 - 15 years to make any kind of worthwhile investment. Then what you borrow, you have to pay interest on that money, and because insurance cost rises as you age, you may find your policy could be in serious jeopardy of lapsing, thus your monthly premiums will increase to keep up with the Life portion of the policy.

My boss recommends that if you are young and you want to purchase an IUL, don't do it for the "money that is being saved to spend on a home, or education. Do it for a long term retirement. If you don't have children now, then yes money can be taken tax free with interest from the savings portion for your future child's wedding or education.

But, keep in mind long term, not short term which in my case, the people were selling us on the dream of "short term" investments.


Thank you for your balanced and well articulated observations.


Hi Charlie.

I would suggest that you bring this issue to the attention of the regulators

WFG is a good company. However, the particular member is not knowledgable. There are a lot of knowledgeable people in WFG.

I feel that client's interest should come first.


I work at World Financial Group (WFG). I've worked at WFG for 10 months now, full-time.

I'm very sorry to hear about the bad experience of Charlie and his girlfriend with the agent that was setting up the accounts. People cannot trust everyone. They have to choose carefully whom to trust.

People should only trust investment advisers who they know have high integrity. Advisers with high integrity always want to help other people as much as possible.


@Malaysha Pba

Rasa, will you at least change your comment once in a while? copy and paste, and your friend in WFG with their " I am sorry to hear that " over and over again?

Do you have a degree in finance?

Do you honestly in your heart feel that you are the right person to toy with clients' financial future? Integrity only counts when the big picture is honorable, and WFG is not.


There are no World Financial Group products and they don't put MERs on them. The MERs are from the partnered investment firms.

Again, people are not asking enough questions to understand what they are hearing. I am Canadian so I don't know all the firms that are partnered with World Financial Group in the States. What I have found in Canada is that even with the MER's, returns are good in the funds of the firms partnered with World Financial Group of Canada Inc. The insured investments also have guarentees that prevent the loss of peoples' principle investment as long as the money is kept in the investment for the guarenteed period.

That is not available from banks. In the banks, the only guarentee you can get is a return that is lower then inflation (GIC's guarenteed loss of buying power).

In light of the 2008 financial crisis, I would rather pay the MER's in Segregated funds to protect my principle. Would you rather loose all your money or have a guarentee that will give you back what you started with(down market protection) and possibly steady returns in up markets?


Very smart WFG advisor. You can get high commision from these MER's.


David, claiming WFG "associates" get more product training than captives is absurd. Unless motivational speeches, DVDs, CDs and videos count as product training! Tell me, do they train you on all of the VUL products from hundreds of companies sold through TFG, just the highest commission policies, or WRL's proprietary products, which would make WFG's main slogan of independence to sell tons of products a huge lie? Having been with Allstate, independent, and with two career houses, and family with 35 years as a career advisor with MassMutual, I know first hand that captives get far more training than WFG gives, even some of them that don't train well do better.

BTW, Transamerica's career advisors consider WFG a joke for anyone with any experience and/or knows what they're doing. WFG is just Primerica mixed with a little NAA but selling VULs they dont understand to people who can't afford the risk or IULs using overly optimistic avg annual returns. I honestly feel bad for the desperate people & kids they pluck off the streets to become associates. They dont know any better than to accept the utter non-sense they're fed at those Amway-esque "opportunity meetings", the absurdly low commissions(is it still 25% for new people?), and the idea that they can come in and sell very complex investments with no financial experience, background, or knowledge and no actual training. But you're sure taught to recruit, recruit, recruit!

The OP was right about the advisor, whether it was from ignorance or misrepresentation she shouldn't have been selling the investments if she didn't fully understand them. Thats as much WFG's fault for hiring anyone that breathes, give them little if any training, then throwing them out there on 100% (poor) commissions selling complex investments, as it is the girl's. The MLM "business platform" of building your own business by recruiting family and clients and convincing them to buy high commission VUL's and IULs they don't understand will end up in failure 99% of the time.

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#388558 Review #388558 is a subjective opinion of poster.
Vancouver, British Columbia
My wife and I needed our taxes done. So we went the tax preparer. The suite was a WFG office. We had our taxes complete. Because I wasn't working I was asked if I would come to a meeting. So I did. I saw a video and a presentation about WFG and how they helped...
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My experience is much different

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#379287 Review #379287 is a subjective opinion of poster.
Chicago, Illinois

World Financial Group

I receive between 5-6 phones calls a day from this company. I had just checked my missed my calls and I missed 32 phone calls in the past 4 days. Two were actual people I knew. I don't know who they are or have anything to do with them. If you go to their website there is no place to "Contact Us". When they phone, there is no one on the other end and if you hang up right away they immediately call back. I do wonder what would happen if you actually did know them or owed them money. I just wish they would stop calling or that there would be some where that the phone calls could be blocked.
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No one would ever owe World Financial Group. They have no products and their primary focus it to help families get out of debt, save for their future and protect their families from financial hardship should something happen to the breadwinner. They recruit so that they can reach more families to help


oh stop the lies. are they paying you to post this stuff?


Get out of debt ? are you kidding...

you put people into debt.

You prey on the weak and vunerable. Any company that is afraid to tell you who they are before you can meet with them has obviously something to hide.


You've got the name of the company wrong. You've been getting calls from World Finance, but you're trashing World Financial Group, which is a marketing company for Transamerica.

World Financial Group doesn't loan anyone money. Wrong company.

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#365531 Review #365531 is a subjective opinion of poster.
Cape Coral, Florida
New Reviewer
Don't EVER get involved with this "company."One of my friends recommended me to meet with her cousin and see what I can do to improve my business. I meet them yesterday and set an appointment today to see how this is works. Somehow today they push me to bring more...
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#351362 Review #351362 is a subjective opinion of poster.
Irvine, California
New Reviewer
They call every day all day long. My husband answered and they hung up. I won't answer because anyone who calls that much and then hangs up when you answer doesn't necessarily mean they are a scam, but it does mean they are breaking the rules and they are...
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I know many people in World Financial Group and they don't harrass people like that. Are you sure they are from World Financial Group and not from some collection company?

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#343057 Review #343057 is a subjective opinion of poster.
Seattle, Washington