I have read just about ALL of the complaints about WFG.
So much info that I actually started looking into it.
Watched U-tube convention speakers, and I met with a few agents recently.
I am NOT an agent & not plan on becoming one bc retiring.
I hv to say this: it is NOT a pyramid bc there is no $ if not sell products i.e. bringing people in do not give you any $$.
The time involvement is substantial if you want to make good money, thus it is certainly a legitimate job - part-time or full-time depends on how hard you want to work & how much money you want to make - the same as any self-employed career.
A $100 for credit & background check is legitimate & probably required under the law to make sure their agents hv no criminal records - and you will get a credit documents, many pages.
Then you study & get yourself licensed by the State.
I do not see anything illegal or illegitimate. Everything looks fine.
Many people make > $10,000/month, the top sales > $1m/year. That's no surprise bc it's the same in any Insurance Companies or Financial Services Companies - Charles Schwab, Merilyn Lynch, NY Life...etc. There are top sales.
The people complained are obviously people who never even tried & then made opinion without in-depth understanding of how the system works. Why do some people make very good money? And why some people who dont try to make good $$ and jealous others do.
It's all about Jealousy !
- Licensed Attorney & CPA in Cal.
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