World Financial Group/WFG Online

Ed Mylet,  California

  Posted at 9:31am on Friday, October 10th, 2008

TO:
Anonymous, Location unknown
Posted at 4:56pm on Thursday, October 9th, 2008

You are in denial. You are also very part time and very ignorant to the WFG. I would also guess that you are a white male, approx. 22 years of age. You are not licensed and are not enrolled in classes. You don't own any product because you can't afford it and you will probably last less than 6 months.

Anonymous,  Chicago, IL

  Posted at 12:45am on Friday, October 10th, 2008

Call it what you want but you cannot say that a company is a scam when it is highly regulated by FINRA and NASD.

I have joined WFG and I listened to all the negativity online aswell. I was hesitant, but I wanted to view it for myself. So I invested the 100 dollars for my agent code/bg check as required along with the 300 to get my license (in ordered to get paid).

I want so say that I have had nothing but great experiences with this company. My mentor has helped me succeed in more ways that I could have ever imagined.

I joined early this September and with a little over a month with the business I received more than I have invested. I was promoted in 2 weeks and took my exam a week later. This week I had my first 2 successful clients. Now I have a team, its small but it is growing. I work when I want to and as much as I want to, who doesn't want that?

I noticed that the only ones who gives this company a bad review are the ones who failed to succeed. So with their failure ... read more »

Anonymous,  Location unknown

Posted at 4:56pm on Thursday, October 9th, 2008

I will give very little mental energy to the remarks and opinions stated within the contents of this website but I will give you my opinion. I am a full time college student, employee and associate of World Financial Group. In reading your remarks I will make evident a universal truth. Now,think about this, if you were a farmer and decided to grow an orchard of apples would you expect that your entire orchard would contain flawless and ripe fruit? or would you expect some 'bad apples' in your harvest? In any endeavor you cannot classify an entire company off of the conduct of a mere few. World Financial Group IS a credible, strong, stable and honest company with great intentions for the consumer and families across the globe. I have witnessed that with my own eyes and I am grateful and proud to represent this company. I would also go on to say that as human beings we make mistakes, whether the conduct of my fellow and former associates was intentional or unintentional they will be deal... read more »

Rich Thawley,  Lodi

  Posted at 10:14am on Wednesday, October 8th, 2008

OK! I can't wait to hear what the WFG drones say to this one! At the very bottom is the original link to this story so you can't say it's made up! This is not an isolated inciddent and I will almost gaurantee you that more will be uncovered. Have fun reading! Oh yea, WFG drones will easily recognize the name of this particular ring leader in the story.

Washington, D.C., Oct. 3, 2008 — The Securities and Exchange Commission today charged five Los Angeles-area brokers with securities fraud, alleging that they put their customers at risk by refinancing their homes with subprime mortgages that they could not afford in order to fraudulently sell them unsuitable securities. The SEC alleges that the five registered representatives, who worked for World Group Securities Inc., paid themselves high commissions on both the subprime mortgages and the securities purchases. The customers generally were of modest means, had little prior investment experience, and had little or no formal educ... read more »

Jim,  san jose

  Posted at 1:02pm on Tuesday, October 7th, 2008

Please.

Beware, this is a sales pyramid commission system.

I guess if you are UNEMPLOYED and with nothing else to do you could join and makes some sales mainly to your friends and family.

what a joke. "Think about this"

***would you let a random (average joe-six pack- no college) to be your financial advisor and handle your money? I supposed he could sell you insurance.

*** would you let a fat person be your personal fitness trainer ? I supposed he could tell you what not to eat. haaha

Bottom line.

Most of these people have no Skills and want big money. They like to dress to impress and pretend that they are business people. some do make money of the other people.

reminds me of a real estate Agent = WFG agent. useless and they talk B.S. (@##$$) and make money off dumb people.

They try to dress like real Bankers and Lawyers and you can see that they're just USED car salesman

Good luck!!!

Marian,  Cupertino

  Posted at 7:39pm on Wednesday, October 1st, 2008

Don't waste your time at the interview, you won't get trained. The guy is a crook and only a big shot in his own mind.

Anonymous,  Location unknown

  Posted at 7:41pm on Thursday, September 25th, 2008

its for loosers that dont know what to do with their life lol

tom `,  wisconsin

  Posted at 1:09am on Wednesday, September 24th, 2008

todd from chicago
what did you invest in through wrl? enron stock, i know of no wrl subaccount down 90% since 1998, be real and admit the truth. wfg has its flaws but its business is legit i have invested with a part-time rep who works with a rep who is full time and has 24 years of finacial experience. they have delivered on all theyve said.
one happy client

katy,  edmonton

  Posted at 2:45pm on Monday, September 22nd, 2008

WFG is a huge scam...please do NOT waste your time, money, effort in this. My experience with WFG (and many other people I know) is that it is a pyramid scheme...they recruit people with illusions of grandeur, take your money for the book ($175.00), take your money for the course (approx. $375.00), and say that you are there to 'help the baby boomers retire with ease'...something I was VERY interested in. However, the real scam going on is that you are to 'recruit' more people for them...not help anyone to become financially sound. A 'junior partner' makes it to 'senior partner' by recruiting more people...then a 'senior partner' makes it to 'qualified marketing director' by recruiting more people...and so on.
Once I was 'hired' at WFG, I was asked to compile a list of people that could be 'potential' clients. I brought these people into a meeting one evening. After this meeting these people asked to speak to an agent to possibly set up some services. The first question they wer... read more »

Negative People will not succeed In Life,  Anonymous

Posted at 8:07pm on Saturday, September 20th, 2008

Negative thinkers attracts negative things that is why your life will be miserable. What you think it will happend. The Secret

John,  Anaheim, CA

  Posted at 10:56pm on Monday, September 15th, 2008

My friends and I went to an office of WFG. I did not spend $100 for background check, but my friends did. We spent hours to listen this and that. It sounded like a dream. I told my friends you you joined first, I would join later... Long story. None of my friends made one cent from this. it's the multi- pyramid system. Don't waste your time and money.

Maria,  Union City

  Posted at 9:48pm on Sunday, September 14th, 2008

i have been doing WFG for 5months now & i am making great money considering that i work at my own leisure. ive had doubts before i joined but all you have to focus on are knowing the product & have a personal goal. yes, it's a lot of work sometimes but i'd rather work hard now for few years than work for the rest of your life earning less than 50K a year. WFG is not for everyone but it's worth trying. As for me, this is going to be my last job!

Orlando (Former Associate),  San Jose

  Posted at 1:46pm on Friday, September 12th, 2008

OK, listen up. WFG is not a scheme, it is a real business model...one that is very, very flawed. I know that all the WFG robots will reply that they are in the most fantastic company in the world. How many of you are full time? Why in the world would anyone want to do business with a part time financial professional? That is an oxymoron (part time professional)! I don't want to hear about this "I am going to be full time soon!" crap. The vast majority of the reps at WFG are part time! If you were financially successful at WFG, you would be full time. The majority of reps never go full time at WFG and that is not my opinion, that is the cold hard facts that can not be disputed! The next time you are "whoooshing" at one of your brain washing conventions, pay attention when they ask how many of "you" are licensed and you will see that I tell the truth. Would you let a fat person train you to become physically fit? It makes no sense to let a part time, financially unsuccessful pe... read more »

Rudy,  San Diego

  Posted at 1:58pm on Thursday, September 4th, 2008

I do believe WFG is a pyramid system. I got my Life and Health throught them, I did have to pay out of pocket. I recently got hired at Ameriprise and guess what I also have to pay for the rest os my licenses out of pocket. Back to WFG i did not like the meetings and people crying about how it made their lifes better, but I did help me get my foot in the door and move on to what I hope is a better company. Goodluck

LISA,  NEW YORK

  Posted at 10:06am on Tuesday, September 2nd, 2008

I JUST JOING WFG RECENTLY, FOR ME I NOT SURE BUT I WILLING TO TAKE THE CHANCE....IF IT A SCAM I WILL LOSE A 100 DOLLAR, IT ALOT.. I WILLING TO GIVE IT A CHANCE LET SEE IT WORTH IT.... AT LEAST I HAVE A EXPERIENCE BEING SCAM OR SUCCESFUL ...NOW I STILL LOOKING INTO IT....I'M IN TRAINING SO FAR IT IM DRAIN I THINK IT A GOOD THING........ I WILLING TO GIVE A TRIED..............

J.S.,  Los Angeles

  Posted at 6:16pm on Monday, August 25th, 2008

I have been a part of this company for 3 1/2 years now, and I absolutely love it! Of course not everyone makes it, because most people are not willing to work hard and push through some tough times. The people I work with in this company are some of the best people I've ever known. Since I've been a part of it, I've become a better person, I am much more confident, I am more outgoing, I am more positive, and my marriage is much, much stronger. The executives and leadership of the company set an incredible example and inspire me to work on improving myself. Not only that, I've also made good money. Even if people don't make it for whatever reason, I truly believe that everyone will walk away with some benefit from the company, whether it's just a better understanding of finance or a more positive viewpoint on life.

Brad,  Location unknown

  Posted at 5:04pm on Wednesday, August 20th, 2008

Listen if you are reading this and you are looking into WFG you need to jump on it if... if you consider yourself hardworking and entreprenurial. Key words there. You have to be entreprenurial because it is a business, your business!!! You have to know there are going to be set backs and good times. You have to invest in yourself and your business so that it will reward you later. That comes with anything in building a business no matter what it is. I am an associate of World Financial Group and I love it. I love it because it is tough and it has turned my life around. Before I was kind of a complainer and wasnt representing my man card. Well WFG turned that around and I learned to become a self starter and Im thankful for the company. And for those saying that our associates say anyone can do this. Yes they can if they are driven and have the right qualities. But not this business is not for everyone just like the corporate world is not for everyone. You have to find what you like and... read more »

Orlando Lopez (Former Agent),  San Jose, CA

  Posted at 12:40pm on Tuesday, August 19th, 2008

While AEGON and WFG/WGS Securities do business with great companies (WFG/WGS has no product of its own) the business model of WFG is flawed in a few areas, but there is no perfect company in the world because there are no perfect people in the world. In my opinion, the greatest flaw of WFG is that it tells the potential recruits that anyone can do this business and this is simply not true (this is a companywide message). Financial services is not for everybody and not everyone can do this. The test for the 6 & 63 can be difficult to pass. I will venture to say that most people that are posting on this site in favor of WFG are no longer with the company. While the following numbers are not exact, I believe they are very close. For every 100 people that are recruited in a month, 95 will leave before the month is over and out of the five left, 2 will remain for more than a year. Most recruits are between 19-23 years in age. Some uninformed people that consider themselves leaders wi... read more »

Demetra,  Riverside,Ca

  Posted at 11:15pm on Saturday, August 16th, 2008

First of all,WFG is not a scam! Let me ask a question. Do you think that Aegon which owns WFG, is woth over 400 billion dollars from collecting $100 backround check fees from potential associates? Let me ask another question. Do you think working to make another man or company richer is a scam? Cause the truth is no matter how hard you work for that company, they aint never gonna break you off a piece of the pie! Wfg gives "employees" the opportunity to be their own boss. Honestly, WFG is not for everyone. It's only for the people who are willing to work hard and fight for their dreams! P.S. I hope your boss don't catch you playing on the computer on company time. Get back to work!

Cortez,  West Orange NJ

  Posted at 8:28am on Friday, August 15th, 2008

I agree with Mary of San Diego Jay of Canada and with Mind over matter, initially I was very skeptical of joining WFG and it is a Company regulated by the SEC FTC anf FINRA with huge oversite especially during the careful watch of impropriety of the financial industry. I am able to make an informed decison not based on fear and inuendo but with confidence and purpose thank all three aforementioned, wish me well but I am ghoing to go full throttle!

jay,  Canada

  Posted at 10:55am on Monday, July 28th, 2008

WFG is not a scam in terms of dupnig anyone into anything. Like everything in life, it requires careful assessment and realistic expectations of what they are selling. As for their products, like any financial product, values increase and values decrease. The choice to invest in something is inherently yours. Do your homework, be astute, and like anything in life, take only the risks that you can afford. Feeling sucked into anything is evidence of a weak intellect and emotional decision-making, not poor salesmanship or scamming. They are simply selling a product like a stove, tv, or a car. The organization, however, is legit, you only need to look at their overall asset growth rate to know that their model works.

Todd,  Chicago

  Posted at 9:59pm on Friday, July 25th, 2008

Ask questions and ask them to show you how they made there money and to be honest, they tell you that you will be rescued from the government and you can quit your job, that would be a mistake, it's a pyramid and they want you to be there fool and they get all the money in the end. They tell you that your doing a good job, they train you to lie.

High Awareness,  Mind, Over Matter 3148R

Posted at 10:45am on Tuesday, July 15th, 2008

Social Security is being funded by people who will never get back what they put into it. In fact, there will be people who will 'contribute' money into it and will not get a dime back. Some people who are eligible to receive Social Security Income have to pay a Social Security tax on Social Security Income. Does anyone know what a scam is?

Americans have been duped by their government into accepting a war that was never justified in the first place. There was never any evidence of weapons of mass destruction. There was no physical evidence to prove who was responsible for the 9/11/01 World Trade Center incident. Does anyone know what a scam is?

Mary,  San Diego

  Posted at 12:23am on Wednesday, July 9th, 2008

I've been researching their financial products from World Financial Group and they look pretty sound. I think with anything, you get out what you put in. They have training programs and licensing which you have to pay for, but nothing in life is free. I spent thousands on my B.S. in Computer Science and I made good money. But I had friends who spent thousands on their college education and don't have a job and actually owe money from student loans. Now they are going around asking friends and family if they know anyone who would give them a job.
I also spent thousands in real estate investment education and I made hundreds of thousands and I also lost thousands.
I have over $100k in my Fidelity 401K that has lost 15% in the last year. No one would consider a college degree or a Fidelity 401k a scam I suppose. But based on many people's definition, it would be considered a scam.
WFG is direct marketing which means you get paid in direct proportion to how much effort you p... read more »

anonymous,  Location unknown

Posted at 7:45pm on Monday, July 7th, 2008

I got offered a job and I'm wondering if i should take it, can i make money.

Todd,  Chicago

  Posted at 8:00am on Saturday, July 5th, 2008

I put in 10K in the Western Reserve Life 10years ago and now it's only worth about 1,000 dollars, that's like giving money away and they trick you into this bs about how you could quit your job and live happily ever after, the best thing if your happy is to stay that way and don't get scammed by these phony associates.

Denys,  San Jose

  Posted at 10:34pm on Saturday, June 28th, 2008

World Financial Group is a scam, its the multi- pyramid system which invite people to spend their money and offer alot but none of those are truth. They just get you started for only 100 dollars and then kind of dissapear...

Dont make any mistakes !!!!!!!!