I actually went to one of their meetings and it's basically the same the as
Primerica. A MLM which sells investment products.

The products they sell are legit and you have to get the appropriate series
6 & 63 licensing to sell 'em. They actually do have a wide range of
products, much more than Primerica does. But again it's an MLM and they're
more concerned about recruiting a bunch of people than offering a quality
service to their customers.

It may be a good place to start for someone who ones to get into financial
services and get a broker sponsored licensing, but get out as soon as you
can.




"Will Trice" <wwtrice[at]paragondynamics.com> wrote in message
news:42C3F905.9070406[at]paragondynamics.com...
- quote -

Will Trice wrote:
- quote -

Will,
Hmmm...reputable? I don't have any personal experience with the company
but I've heard plenty of criticism about it. The typical line is "WFG is
just an MLM that force-feeds everyone VUL." (MLM being multi-level
marketing company - a strong focus on recruiting other people to the
company, instead of just selling stuff) The counter-response usually
goes "we help an underserved market and (insert analogy between any
company with compensated sales managers, and an MLM)."

Primerica is similar, with a focus on (relatively expensive) term life
insurance, and the two have the same roots, as I recall (a company
called AL Williams).

He might want to read through the many threads on WFG here:
http://www.financial-planning.com/phorum/index.php

You can search the discussion board archives, there's plenty there,
including both pro and con. I'm a moderator on that site and this is one
of those topics where we need to actually do some moderating, the
discussions can get "spirited."

Here's one of the sites criticizing WFG. I have no idea how credible it
is but, well, he can read and decide for himself:
http://www.wfg-offline.com/

-Tad

A poker acquaintance of mine is thinking of joining the World Financial
Group as a financial planner. Anyone know if this company is reputable?

Thanks,
-Will