Published on July 12, 2016
If you're trying to figure out if the WFG or world financial group scam claims are true... you can relax because it is a legitimate business. The majority of world financail group reviews or wfg reviews that you watch or read don't tell you the truth about this business opportunity.
This world financial group review will give you the facts about the WFG compensation plan the products and whta you really need to do to be successful with this business opportunity.
World financial group review / wfg review
Tired of all the fake World Financial Group Reviews?
So was I so I decided to investigate this company myself…
Chances are you have been approached by someone you know or spammed on social media…
Now you are here because you want to make sure that this company is actually legit…
Good news is I am going to walk you through the company, the products and compensation plan so you can make the right decision to join or not…
Find out if it’s legit or a scam…
world financial group reviews
World Financial Group Reviews – The Company
World Financial Group Review
World Financial Group (WFG) is a multi-billion dollar financial services that has a hybrid business model.
They deal with a ton of financial institutes and products including:
Variable Universal Life Insurance
They are based in Johns Creek, Georgia which is a suburb of Atlanta.
Right now, they are operating in the United States, Canada and Puerto Rico.
The company first started as World Marketing Alliance (WMA) back in 1991 and was founded by Huber Humphrey…
This was after he left another MLM company called Primerica.
The company attended it’s first event in Las Vegas in 1992 where over 2000 associates showed up.
In 1998, WMA opened their 100,000 square foot building that has over 500 employees.
In 1998 (November to be exact), they were fined $100,000 for not properly supervising their sales agents after some clients lost $2 million in unregistered investments.
In 2000, they were fined another $125,000 for not reporting the 900 customer complaints they had…
In 2001, WMA was purchased by AEGON and renamed the company World Financial Group.
After 2013 is when everything started to turn around.
They had over 3,500 offices in the United States alone…
World Financial Group Insurance Agency of Canada moved to Toronto, Ontario.
And Canada had about 1500 agents…
So they didn’t get to the right start, but they seem to be doing okay now…
That’s why you probably see a lot of World Financial Group Reviews that say it’s a full out scam…
Anyway, next let’s take quick look at the products…
World Financial Group Review – The Products
World Financial Group has a ton of products that range from:
Critical Illness Insurance
Segregated Funds (Canada)
Group Insurance (Canada)
College/Post-Secondary Education Funding
Investment Advisory Services
Financial Needs Analysis
You pretty much have to become a broker to sell these products…