How big is WFG?

How big is WFG?

But as of 2019, WFG has over 42,000 associates working for them. In 2018, WFG paid out over $792 million in commission to its associates. Say what you want about the company, but there’s no denying that it is a huge global force and one that requires close examination.

Is World Financial Group A Fortune 500 company?

They are owned by Transamerica, a 100+ year old reputable company, which is owned by Aegon which is a Global Fortune 500 company with over 400 billion in assets. Unlimited income potential with no glass ceilings are a definite pro. No bosses/firing/layoffs are at WFG.

Which is better Primerica vs WFG?

One major difference is WFG is able to offer top quality financial products from over 100 highly recognized Financial companies nationwide, whereas, Primerica only offers limited products by their own company – Mainly Term Insurance, Roth IRA’s and Mutual Funds.

How many licensed agents does WFG have?

There is also momentum in the number of entrepreneurs who are becoming independent financial business owners with the company, with more than 50,000 life licensed agents across the United States and Canada.

Is World Financial Group A brokerage?

The business is an independent broker, with the opportunity to recruit and train a team if you want to build a business. Like any realtor, broker or sole proprietor, success does not come overnight.

Is Pinnacle Elite a pyramid scheme?

Federal prosecutors charged the founder of Pinnacle Development Partners LLC with launching a real-estate-based Ponzi scheme that raised $69 million from more than 2,000 investors. The company claimed to have sold hundreds of properties, prosecutors say.

Is World Financial Group legitimate?

World Financial Group is 100% a legitimate company operating within the bounds of the law. The organizational structure is similar to a multi-level marketing company. You have the product provider at the top (in our industry, the insurance company is at the top).

How do I quit Wfg?

You cannot quit, they will always terminate an agent, so that you have no ability to sell your agent code, which is basically the book of business that you may have spent years building. Your clients BELONG to WFG. ASK anyone who has left and you will hear the same story over and over and over.

Is World Financial Group legit?

WFG is a terrible place to work in that it’s an mlm disguised as a legitimate insurance brokerage. It’s encouraged to recruit or sell to those around you, otherwise it’s very hard to make any real money. It’s pure commission with no consistent hourly pay or salary.

Is Transamerica part of Primerica?

Transamerica is an Insurance Company. Primerica is an Insurance Marketing Organization that represents different Insurance Companies. Primerica is one of the early companies to do that fool theory of Buy Term Life insurance and invest the difference.

Is WFG legitimate?

How much do WFG agents make?

Average World Financial Group Insurance Agent yearly pay in the United States is approximately $108,668, which is 68% above the national average. Salary information comes from 53 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months.

How many World Financial Group offices are there?

World Financial Group has over 3,500 offices in the United States. The World Financial Group Canadian division, World Financial Group Insurance Agency of Canada Inc., moved to Toronto, Ontario in February 2012.

Who is the world finanical Group ( WFG )?

Who is WFG? Since our founding in 2001, every decision has been guided by our mission to help individuals create the life they want to live, while protecting their loved ones and planning their financial legacy.

When did World Financial Group move to Canada?

The World Financial Group Canadian division, World Financial Group Insurance Agency of Canada Inc., moved to Toronto, Ontario in February 2012. In 2008, World Financial Group had over 80 Canadian offices and over 1,500 agents.

How much does World Financial Group pay agents?

In 2018, WFG’s affiliated carriers paid more than $792,000,000 in commission to its agent force. This represented a 7.34% increase in year-over-year commission payout increase. As of 2019, they are well over 42,000 contracted World Financial Group agents.