World Financial Group Offers Good Support But Lower Commissions

Review...

Like any job, it depends on the experience and integrity of those you work for and with. There are excellent people and shady people and worthless people and helpful people at every company. I have been affiliated with World Financial Group for 18 months. They have helped me get my insurance, Series 6, and Series 63 licenses, as well as had at least a dozen professional full-time RR's teach me skills with actual case-studies.

I am blessed with a good group around me, although a few of them I refuse to do any business with due to their questionable tactics. The PROS of WFG are good support and the ability to hold a day-job WHILE transitioning into a new financial-based career. Most other broker-dealers will make you work for them full-time and if you are not successful, then you will be fired, broke, and homeless soon thereafter. Whereas with WFG, I can gradually gain knowledge and skill to EVENTUALLY go full-time.

Lastly, World Financial Group allows me to build up overrides on people I recruit who want to be in the financial arena. Thus, I can actually have a business that will allow me to quit working someday and live off the commissions of my team, which is the point of being ANY BUSINESS OWNER. Do you see the owner of the grocery store bagging groceries anymore? No, they built up an asset that allows them to walk away.

The CONS are lower commissions than at another broker-dealers, which is what creates the asset-building business structure in the first place. It is less money up-front, with more on the back-end if you recruit a team. If you don't want to, then go work somewhere else and get your higher commissions and full-time position. You will have to keep working to keep making larger amounts of money though.