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Do you want the truth about World Financial Group, now rebranding themselves as Transamerica Financial Advisers?????

I was in the trenches with this company for many years and I know firsthand the truth behind this company.

What do they really do? They sell you a dream. They are in the business of selling you a dream of financial independence. They sell the dream of having the income to support a better lifestyle for you and your family, to be able to spend more time with your family. To set yourself free of debt and never having to work again. To earn travel bonuses, Rolex watches, Super Bowl style rings, cars......etc.

The Reality. You will become a professional meeting attender. You will spend even less time with your family. Be prepared to sit in meeting after meeting after meeting after meeting. Why??? Because you need to be trained. They will tell you to come to the office to get training on financial concepts and how money works. They will tell you enough to get you excited and that's the point. To keep you excited so you keep coming back and bringing more and more people to meetings and "big events". To keep you excited so that when you tell people about the "business opportunity" your true enthusiasm shows and they get excited and want to know more and agree to come to a "open house", "career night", "grand opening", "interview", "corporate overview", "business presentation meeting", "one on one", "group hiring interview".

You will be instructed and encouraged to bring and solicit your "warm market". What's that??? Your friends and family, co-workers, people off the street.....whoever you know or meet, they don't care. Just bring a body to fill a chair in the "corporate overview, BPM" to hopefully get them interested enough to join or buy a product so that they too get excited and the whole "churning" machine keeps running. The problem with using your warm market is you will soon find that your friends and family will start to avoid you and may not even take or return your calls. Good luck with that. The WFG/TFA leadership will assure you that those who avoid you are the ones missing out and that you represent a "noble cause" and not to be discouraged.

The Reality. Be prepared to spend all your time and money on meetings, seminars, self-improvement, getting licensed, rent, "plug in fees" and attending "Big Events". Big events are motivational seminars that parade a lot of people across a stage to receive recognition. That is awards, prizes, plaques, swords and sometimes even an actual check. As an observer to all this, you would think that these people are winning big time and making big money. Don't believe it for a second. This is a psychological manipulation and powerful marketing tool to keep on existing agents and recruit new ones. Most of these award winners are broke and pretending to be something they are not, making money they are not.

Expect to be pushed beyond your "comfort zone". When you could be at home with your kids, you will be in meetings. When your spouse is home at night, you will be "in the field" doing sales presentations; most likely for skeptical people who can't afford the products you sell anyway. When you have no money, you will be pushed to attend the next "big event", you will be encouraged to "find a way", "go all in", "risk all to win all", "if you can't afford to be there, then you really need to be there", "if you miss this, it will be the biggest mistake of your life", "if you don't attend you will be setting your business back by at least a year" they are masters of manipulation. They will make you feel like a loser if you do not comply. Their psychological power of manipulation is very compelling. They instill an environment of brutal competition, pitting associates against one another for greater production in the "base shop" and the loser is often publicly humiliated and stands to lose money as a consequence.

The reality is these "big events" cost a lot of money, offer little substance and are comprised of very little product training. There are several product providers that basically pitch you to sell their product. You will be expected to compete for seating that sometimes turns into pushing and shoving and battling for the first come first served seating. Some people try to reserve seats often winding up in heated arguments. Ridiculous. If you attend a big event be prepared for little sleep, hurried breaks, long winded testimonials from people that are misrepresenting the truth and a whole lot of pie in the sky dream selling. These people are masters of manipulation and intertwine their own religious beliefs to add to the perception of their conviction and belief in the business. Do not be fooled. Make them prove what they say.

The Business Format System. This is the "Bible" of the business. The ideas are sound; in fact the whole business model of WFG is great. The compensation is fantastic. So here are some encouraging words and what had initially given me hope. Again, the business model is AWESOME. But unfortunately, it is only a model. Here is how it works.

"The Law of Big Numbers". They will tell you that if you want to win big, then you will need to build a huge team, a "big base shop". They will tell you things like "get 10 and it's all over". They will show you presentations showing 10 agents with 10 sales at an average of $500.00 per sale will earn you $10,000 a month. Don't believe it. The numbers look good and it seems easy enough. Don't believe it.

"Charge backs" What is this???? Basically, when you sell an insurance product the buyer has a "look over period" to decide if they want to keep the product. If the client cancels....and they often do; your commission is reversed. If your following month's sales are low; you will actually end up owing the company money. So, you spend all your time in meetings, study for days on end and pay to get licensed (you have to be licensed to sell insurance products ((with some exceptions)), then you take time away from your family to go on a "field training appointment", you pay for gas, wear and tear on your vehicle, sit in front of a skeptical couple, try to fit them into a product, overcome objections, fill out the application, if you succeed in convincing them in a product, submit the application.....hopefully it's all filled out correctly or it will be rejected, order and schedule a medical exam, submit to underwriting and hopefully your client does not get rejected. Are you still with me????? So hopefully your client is approved and gets a good rating so that they can actually afford the policy. You may need to show that the client has sufficient "discretionary income" to buy the policy.

Congratulations!!!!.....the app was approved and the client is issued the policy. It's not over yet folks.....this is the simplified version....complex cases can require mountains of paperwork......Now you must deliver the policy to the client and you do. The client realizes the extra $400 a month is really cramping their lifestyle and is a burden. They cancel, you get a "charge back" and now all your time, effort and expense is down the drain. So you say, what happened??? Understand this...It's your fault. You wrote "bad business", "you're in the wrong market", "you oversold the client".....whatever it is, it's YOUR FAULT, even though you did EVERYTHING right. I'm telling you the psychological impact is overwhelming.

When you get frustrated and want to quit you will hear things like, "mental toughness", "would you quit on your hopes and dreams", "quitters never win".....they will mess you up in the head so bad that you stay on, plugging away, going deeper and deeper into a very dark place. This is also part of the psychology surrounding building a team, a "base shop". Now you are directly responsible for those you have brought in under you and to the clients you have sold products to. Most people find it impossible to quit under these circumstances that they continue, regardless of their personal dilemmas.

The Reality. Don't believe the hype....This is MLM.

This may be your reality.

Here are my suggestions.

If you are approached as a client, take a look and compare companies, products, costs and services. The products WFG/TFA offer are legit and may be good for you. The problem is the sales person, in most cases, is not an expert and has just enough knowledge to pass the licensing exams. So don't think for a minute that you're in competent hands and dealing with an experienced industry professional.

Understand that WFG/TFA will take ANYONE on as an agent as long as they do not have a felony or financial related criminal CONVICTION. Yes, a conviction. A person could have been arrested multiple times for anything and had the case dismissed or any circumstance not resulting in a conviction and they are eligible to become a WFG/TFA agent. WFG/TFA agents come from all walks of life. One WFG agent is currently (2011) awaiting trial for rape and assault while impersonating a police officer......so BEWARE!!

This business attracts all types of people. Some are not so good. Truth, there are also A LOT of very good people. I have to give them credit. But in my opinion WFG/TFA need to raise their standards of who they accept BIG TIME!!!!

If you plan to join the company as an agent; my words of advice are: ask A LOT of questions and be prepared to go around in circles in getting a straight answer. Ask to see tax returns of the people trying to portray themselves as millionaires.....they will sell themselves with such conviction and confidence that you should be equally assertive in having them prove it. You will be astonished at how many broke millionaires and outright liars you will find. Go in with your eyes wide open.


Understand that your life will be consumed by this business. Understand that the claims they make ARE TRUE......what???? Yes, the claims are true. There are people making big money......the truth is, VERY FEW......let me say again, VERY FEW. But maybe you are a "stud", and you are different and think you can rise against all odds and make it....some do. Good luck. I can only say that if I had been given the truth up front....I would have stayed with my $175K a year job and never, ever gotten involved with this company.

There are some positives to WFG/TFA, there are things to be learned, but there is a cost. They tell you it's FREE education. Don't believe it.

I have seen very little positive effect over the masses of people that filter through the company. The only positive effect, financially speaking, is for the top dogs. The people at the top of the organization. Their success is fed by the small people at the bottom. Consider this. The law of big numbers, tons of people "filtered" through the system. One product here, one there, a ticket here and there……multiplied by thousands and thousands all the while, small parts of those profits "rolling up" to the "up-line". Get the picture. The big fish are fed by the efforts of the small fish who dream of becoming a big fish. Good luck.

I have seen a very few profit in riches beyond what most people can ever hope to earn. But this is only a very, very, very few. Not like 1 in 10. More like 1 in 100,000 and that is a conservative estimate. And it is maybe 1 in 1,000,000 that really hit it big.

I have seen savings lost, families destroyed, foreclosures, bankruptcies, divorces, suicides, criminal activity, assaults, deceit, sexual harassment, credit cards maxed out, cars and other property repossessed, depression, despair, hopelessness, addiction, stress, stress related illness and all kinds of very bad things happen to good people all trying to fulfill this so called dream. It is a dream and for most will only be just a dream and nothing more. Unrealistic, unobtainable and understand the little fish only feed the bigger fish. No matter what success you have in the company, someone upstream (up-line) reaps the benefit of your hard work. Yet you alone will suffer the losses when they occur.

Don't believe the hype. For all of those who have posted such positive comments about the company all I can say is......keep drinking the Kool-Aid.

If my words help just one family stay together, prevent one divorce, separation, foreclosure, bankruptcy, suicide or other ill fated consequence.....well then my time was well spent here.

I challenge anyone to refute and disprove my words....trust me; I know what I am talking about. I could name names, but in fairness, it is everyone's right and responsibility to make their own decisions. My biggest complaint / concern is that the WFG/TFA leadership is NOT telling the truth about what really happens. They are way too busy dream selling and not reality telling.

I was successful with this company, but ultimately lost far more than I ever gained and it nearly cost me everything. My marriage, my home, all my money, my health, my sanity, my possessions, nearly all lost. I woke up just in time and I hope this helps anyone considering getting involved with this company.

Bottom line, BEWARE. Forewarned is fair warned. Participate at your own risk and if you proceed remember you read this. I told you so.

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You just sound like another irresponsible loser who wants to blame others for his own lack of responsibility on taking the right actions.Thousands of people are successful but those are the ones who took initiative an took responsibility PERSONALLY.I hope you all LEARN and ACT RESPONSIBLY.

Berkeley, California, United States #1259404

VA Beach Anon, WFG is an AWFUL deal for recruits, 99.5% of agents and clients. People should *avoid* this band of ripoff artists like the plague!

Anon, I kept an open mind, joined this MLM, and did much research. I learn the only folks who make out well are carriers like Transamerica, WFG corporate, and the top 0.5% of the agents, many if not most "grandfathered" in, who joined this MLM back in its World Marketing Alliance (WMA) days before 2001.

Folks, the only way to "succeed" in WFG is to recruit everything that breathes and can fork over $100/$125 and for you to lie, lie, lie your sorry *ss off, like the way VA Beach Anon lied his sorry *ss off to all of us in his post yesterday. Smart rich folks would *never* touch a WFG-brokered policy.

The only well-off people my fellow WFG agents sold to were rich older relatives of family and friends getting senile and who didn't understand the pricey toxic *** they were buying. Yes Anon, my fellow WFG agents PREYED on these older vulnerable folks, in essence STEALING their money like the slimy two-bit criminals they are. Truly rich folks buy Variable Universal Life (VUL) policies sold within Private Placement Life Insurance (PPLI) wrappers--things WFG don't offer.

VA Beach Anon, about the fantasy policy you describe you claim acts like an annuity and a life insurance policy, that you claim pays a "retirement" check and a full death benefit too?

Folks if you believe that stinking load of malarkey, please check out this nice unicorn I'd like to sell you: www dot youtube dot com/watch?v=YbYWhdLO43Q. Thank you.


VA Beach Anon, WFG is an AWFUL deal for recruits, 99.5% of agents and clients. People should *avoid* this band of ripoff artists like the plague!

Anon, I kept an open mind, joined this MLM, and did much research. I learn the only folks who make out well are carriers like Transamerica, WFG corporate, and the top

Virginia Beach, Virginia, United States #1259078

You have to keep an open mind and do much research. Please understand that the wealthy people think different than us regular people.

One of the things that they do is have insurance policies like the ones that WFG offers as an investment. Do your research in that NOT all insurance policies are the same. There are some that after a given time period or when you reach a certain age, you will be able to withdraw money from the policy as a form of income, you can also use this as long term care. This is called living benefits because you access and use it while you are alive.

When you finally pass on, then your beneficiary gets the payout of the policy. So example, you purchase a $250K policy with living benefits, etc. when you get to retirement age of 67 years, you start to withdraw a monthly income, until your pass on.

When you pass on, your beneficiary gets the $250K payout. Instead of purchasing iPhones and the latest sneakers, every month or every year, put that money to use for your in the long run and invest in a policy that will allow you to have living benefits and allow you to withdraw when you are older and time to retire.

to Anonymous Berkeley, California, United States #1259122

VA Beach Anon, what is the exact name of the policy you discuss here, and which carrier produced it:

"... a $250K policy with living benefits, etc.

when you get to retirement age of 67 years, you start to withdraw a monthly income, until your pass on. When you pass on, your beneficiary gets the $250K payout..."

Thanks Anon.

to William3 #1259142

Hi William,It's called the bullshxx policy...you know you have to keep an open mind that is be able to be easily brainwashed to think you will be able to put money in an insurance get out 20-30 years of monthly benefits on your insurance and then when you croak your siblings will still get the FULL value of your original insurance value...haha!! WFG agent...they are persistent but I feel there's a few peaces in mr anon from Virginia beach missing and it's not the check!!

Keeping an open mind is very important in the full Ponzi scheme of things!! Here mr WFG AGENT look at the 2015 official #'s and how much you will make...

link is below!

Enjoy and I can't wait for the official #'s for WFG in 2016..i'm pretty sure 99,5% of all wfg agent and recruits will slide under the 2000k/YEAR threshold.I don't understand why they just don't do voluntary work...lol


to john43 Berkeley, California, United States #1259412

Morning John. WFG just renamed this all-in-one annuity/perm-life policy life the Rainbow Unicorn (tm) policy.

This, because it excretes freshly minted multicolored money before and after it dies.

Sheesh. These agents figure if they just shovel enough sh*t, they'll find some folks dumb enough to buy it.

to William3 Virginia Beach, Virginia, United States #1259299

Hello William, I am not an agent for anyone, however I have performed some research that anyone can do. Here is a link to Transamerica that may help you.


Also if you decide to seek out someone from WFG for more information, just let them know up front that you are not interested in joining the business, however you are interested in learning more about the different policies that they offer, etc. It is that easy.

to Anonymous Berkeley, California, United States #1259943

VA Beach Anon, about the product in your link, Trendsetter LB. As usual, the devil's in the details.

Transamerica (aka TA)--and YOU--*FAIL* to give us critical details about the policy you promote here. Details that may well prove Trendsetter LB an absolute *bomb* that everyone should *avoid* like the plague!

TA calls Trendsetter LB a term-life policy you can buy to expire in 10--30 years, but which you can keep in force afterwards. But Anon did you read the fine print?

It says: "...Premiums *increase annually* beginning in year 11 for the 10-year policy, in year 16 for the 15-year policy, in year 21 for the 20-year policy, in year 26 for the 25-year policy, and in year 31 for the 30-year policy..."

Anon, so the premiums increase? By how much every year? Do you have a chart showing those increases? Does the policyholder face the same problem as with Transamerica's FFIUL, in which the yearly Cost of Insurance (COI) charges skyrocket in later life, causing the policy to IMPLODE?

And you the policyholder LOSE EVERYTHING, your death benefit and the $100,000s you dumped into this money black hole? As clearly shown in this review?:

world-financial-group dot pissedconsumer dot com/why-the-ffiul-wfg-s-flagship-policy-is-a-disaster-20160722886905 dot html

VA Beach Anon you claim "I am not an agent for anyone." Of course we have no idea who the h**l you are and if you totally bull*hit us from start to finish. But you also claim you "...performed some research..." Perhaps your research can show us how Trendsetter LB *won't* soak the *** out of policyholders like what happens with WFG flagship insurance policy, Transamerica's FFIUL?

VA Beach Anon.

Thanks in advance for clarifying these important matters for all of us.

Not gonna lie Anon. I'll be very pleasantly surprised if you actually answer these key questions.

to Anonymous #1260002

Hi William.... you know that mr anon..WFG AGENT even thow he says he isn't shows us another priceless turd of a policy.So in essence his plan is to buy an insurance that you pay hundreds in or thousands a month where to keep it after that you can enjoy to have a monthly income on top of the 250k insurance policy when you die..But what's the difference between that and a 401k really..it's the price..So he is saying WFG will take 3k a month as an example when you hit 70 years old and they will give you back 1k of it...haha!! so generous of them to give you back part of your money but keeping the rest and that's only until your premium are so high that you can't afford the policy and lose your insurance policy plus your retirement pension...Can't wait for mr anon to give us all the juicy details on that one!!

to Anonymous Berkeley, California, United States #1259405

VA Beach Anon, please see my comment to you, above. Thank you.

San Diego, California, United States #1227442

Most of you must be broke, huh? Skeptics and those who make excuses usually are.

to Anonymous Berkeley, California, United States #1227517

Hello San Diego Anon. About WFG newbies, yes you're right--most of them ARE broke and have maxed out their credit cards pursuing "The Dream." Thanks for asking.

Los Angeles, California, United States #1222018

i dealt with WFG for all of a few days and realized all of this more people need to be aware of this agency before it is too late.

to Anonymous Berkeley, California, United States #1222044

What was your experience? Good? Bad?

London, England, United Kingdom #1214050

This seems very similar to a phishing scam run by some website owned by worldaccelerator.com. The site is called journalist.com They use a false name ed.sherrington@journalist.com, and write abusive threatening emails with the aim of obtaining private financial information from people.

Be very careful and comment here if they have been approaching you?

Escondido, California, United States #1200779

Get a life! You got a boring life? Nothing better to do.

to Anonymous New York, New York, United States #1200797

Yeah YOU get a life. GTF outta here and stop rippin ppl off ya scammy sorry little toad.


The big comission is only once,when the first purchased happen by the client. the next year will be only about 5% yearly ( if the client still keep paying annually).

for the fist comission will be happen : 40% will be received about amonth later, the rest ( 60%) will be received by the next year.

so sad.......

trully and honestly....

Lansdale, Pennsylvania, United States #1190614

I attended one of those 'meetings' today. Everyone definitely seemed to act like a cult; the god they worship is money.

The one I attended even hired a girl younger than 18 to be an agent. She wore a full business attire and looked like a grown 20 something woman! All she talked about was money money money when showing me around. The vibe in the entire room felt off, and when the 'millionaires' were providing a speech they were no longer than a sentence.

Once again, they finish it off with "money".

The members were asked how they felt after EVERY presenter, and they all screamed 'AWESOME'. Oh, I also remember hearing the song 'Happy' blasting in the background. Definitely sounds like a brainwashing meeting.

When I was interviewed at the end, I was not told that there would be a fee for 'training' and getting a 'license'. Total added up to $400.

I would avoid this company at all costs. It seems like it would ruin your mind and turn you into a money loving, materialistic, manipulative person.

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