Mike E Zhl
map-marker Jacksonville, Florida

World Financial Group - A Great Company To Work For

I have been working for World Financial Group for the past year and a half and have been very pleased with the opportunity that they have given me.

With the support and encouragement of the local leaders I have gotten my necessary licenses and have started to grow a great business!

In addition to this I have been able to help a lot of families plan their financial futures who may not have looked for help otherwise. It's a great feeling to know that you have helped someone and are able to get paid while doing so!

World Financial Group is not a get rich quick scheme.

It is not an MLM where you have to buy a minimum amount of products every month to stay in business. I have personally found that it is a great business opportunity for someone who wants to work hard and be successful!

View full review
8 comments
Guest

Helpful

Sheela Yal

The CFPS Board credential has been awarded to more than 2,000 professionals and is internationally recognized as a mark of achievement within the fire protection field. This group of professionals includes risk managers, loss control specialists, fire officers, fire marshals, fire inspectors, safety managers, fire protection consultants, designers, code enforcers, loss prevention professionals, building code officials, commercial real estate managers and others who have responsibilities dealing with the application of fire safety, fire protection, prevention, and suppression technologies.For the best preparation plz visit.http://www.dumpsdirect.com/certification/cfps-dumps

Guest

Just so you know that everyone loves money but not as much as you. We normal people would find a job and work for a company who have dignity and integrity in themselves.

As so much for you SCAMMING low income and middle-class citizens of their life earnings for your own benefits. Individuals who joined WFG is the people who either do not have a college degree or had one but could not land a real job in the real world. Therefore, the only way to make their way of living is to SCAM people. You are so wrap up in making a lots of money that WFG brainwashed you and *** up your brain thinking as a human that you can't tell the different between right and wrong.

When you see your next paycheck make sure you think through where is it coming from and from whose? They may be money that you SCAM from your own family members, close friends, or strangers that you don't know who worked hard to make this their living income. You are STEALING from them. It is not good to put GREED before your HEART into what you do.

This is human being that you are hurting.

If you do this to people the same will happen to you later in life. "Do to others as you would want it to be done to you".

David S Xqu

@Hawkman -- I've got a Series 6 and 63 and will be passing my Series 65 (Investment Advisor Representative) within the next week.

WFG covers a lot of ground, tending to specialize in middle-income families, where fully 61% are underinsured and most have no access to the kind of financial adviser who charges the fees that wealthy clients pay. But there really aren't any limits to where you can go with this; one of our part-time IARs just helped put an airline union's 401K plan into a platform that includes assets under management (something north of $700 million in assets). Obviously the "potential to do much better" exists within TFA/WFG as well.

As for internal fees on VAs, I would expect that you, as a CFP, would be perfectly aware that it's the companies themselves (PacLife, Jackson National, ING) that charge internal fees, and that has absolutely nothing to do with WFG or Transamerica Financial Advisers. WFG brokers something like 180 different financial services companies (I think the number is even higher now), most of whom answer to state and federal standards of practice (VAs are securities and subject to FINRA).

David S Xqu

@Hawkman -- I'm currently working with WFG and completing Series 6, 63 and 65 (Registered Investment Representative). A Certified Financial Planner passes a 100-question test and is certified by a non-state, non-Federal private company whose only reason for existence is to promote the use of the Certified Financial Planner logos (and to promote CFPs to the public).

At least half of its revenues (according to its own statements) goes to that promotion.

Other requirements for CFP? A few years in the industry and a Bachelor's degree (no relationship to business or financial planning required; a degree in Music will do).

Guest

Hawkish you are I'll advised that we are bottom feeder financial planners. IAI a WFG investment firm was given the 5 star wealth management award in 5280 magazine out of Denver, Co.

That puts us in the top 4% of investment firms in the country voted by 14k consumers. Maybe you should try us out before you make a statement you know nothing about. We attract some of the top people in all walks of life ie: CPA's, attorneys, Real estate brokers all the way down to retail managers. Anyone can learn the profession.

The sad thing is we are cleaning up the mess that this mass industry has created. We want to help every family not just the rich!

Guest

WFG represents different companies AAA-rated companies. If you go somewhere else you are dealing with the same companies...so what's the difference on that.

WFG offers products offered my investment companies.

Guest

As a Certified financial Planner, I would encourage you to keep up your practice but be open to reality. WFG is a bottom tier advisory group.

If your are making money there, you have the potential to do much better for your client by looking at the true cost of their products. Look beyond the prospects, and look at the Statement of Additional Information. There you will see the true cost your clients are paying.

Find another Broker-Dealer or better yet become a Registered Investment Advisor. Once Financial reform comes next year, you will have to explain to your clients, why am I paying as much as 3.5% in internal fees on my VA.

Educate yourself, I hate to see good advisors drink the coolaid. Open your eyes.

View more comments (7)