World Financial Group Agent Horror Story | Do Your Own Education WFG

[@LIFE180]

What are some ways to create cash flow outside of wall street? Comment below! Watch this video to learn 4 ways to create passive wealth: kzbin.info/www/bejne/porLfZ9qrteqn68 Let's discuss your finances or life insurance business - click on the scheduling link in the description.

[@CraigAbdul]

Chris, this is your best WFG video yet. Thank you for inviting such a well spoken guest with a real life experience. I joined WFG about a year ago. Once I got my license, my plan was to start with policies for family members to learn the ropes, so to speak. But right off the bat I came across your earlier videos that started me questioning the standard IUL products. I wanted to provide my family members with the best coverage for them, not what would pay me the largest commission. I haven’t totally left WFG, but I’ve turned my focus to the Medicare market instead. It’s independent, and there are no levels to reach in order to earn higher commissions.

[@LIFE180]

Thanks Craig! Best of luck in the industry.

[@theforce5191]

@@LIFE180 Medicare market?

[@LIFE180]

@@theforce5191 to each their own... If that’s what makes him happy and he enjoys it and is doing it right, there is a big need for GREAT Medicare insurance salespeople. I have several clients in that space I help with their marketing. It’s not as simple as most would think, plus there are a ton of people getting taken advantage of...

[@titonothere6179]

Check out FFL if you wanna go down that route.

[@theforce5191]

@@LIFE180 I was hoping to get more info. I wasn't bashing the guy for going his route. More power to him. I'm interested to see if it's a better option since I want to offer products to people who will benefit them more than it would me.

[@Georgina-u9v]

Thanks for posting this! WFG are filled with clueless people selling expensive products.

[@LIFE180]

You got it. So true

[@Georgina-u9v]

@@LIFE180 thank you so much for your videos. I have quit WFG after seeing your videos. Thankfully, I’m only one month in after passing my licensing exam. They wanted me to sell IUL and fixed indexed annuities, and I didn’t even understand or get any teaching on the products before recruiting friends and family. It was completely nuts!

[@thesacredprofaneco]

Thanks again Chris for giving me space and time to voice my story and experience and do what we can to help the people still most unknowingly impacted by this.

[@LIFE180]

You know it. It's not often I do that, but your story needed to be heard

[@nawdylittlegirl]

I am so grateful that you shared this story!! You are making a huge impact, im taking your story to heart & learning from your experience!

[@thesacredprofaneco]

Nawdy - thank you for listening in and commenting. This means a lot to know it touched you!

[@girlmoyd5243]

Thanks for sharing your story! I joined wfg 3 months ago and the lack of product training is an issue for me and I figured that maybe after I'm actually licensed that would change, but now I'm skeptical. Financial education was my main reason for joining. I would like to be an educated agent that can speak truth from personal experience, instead of using the trust that my people have in me to blindly join the wfg team based off a strangers experience.

[@Touchfootballer27]

@@girlmoyd5243 even when u r licensed, they still ‘want u to build their company by recruiting more dummies to build their base shop’

[@Ryanw1213]

As a WFG agent, I had this happen recently to clients of mine recently as well - wrong and unsuitable product for them from another WFG agent. It really pissed me off. It's sad but I do see it as well. The thing I've come to realize is that lack of product training and agent ethical practices come with any insurance company. I do agree that suitability and deeper product training is necessary. On the flip side, there are good agents as well that focus on doing what's best for the client and properly structuring a product for them. I am a big believer in IUL, but I do watch your videos to understand the opposing perspective to make sure that I keep myself sharp and aware.

[@Ryan-ul7dy]

How much do you make as a WFG agent?

[@dreamchaser2521]

Why do they ask the newbie to write down the name and contact info of people who they know as many as possible and try to set up appointments with them without telling them what it's about? Isn't that intrusive? That's what happened to me. Inatead of helping me learn the product, they told me to recruit people.

[@gwydionknight]

As an agent we are supposed to help families with the most beneficial policies that are good fits for them and to advise them and educate them.

[@walleyehunter1541]

These issues rely on the ethics of the agent. Recruiting and making money are significant parts of why people get into this type of business.

[@andrewdavidcourtney7665]

Training is crucial and putting your clients in the best possible position is paramount. Getting it wrong consistently is creating a ticking time bomb for your financial services business. Thank you for sharing your knowledge and this cautionary tale. Become a master before you take on any mentees. It’s the sustainable and right thing to do. This guarantees a slower but more impactful pathway to business growth. Thanks once again for sharing such great content.

[@LIFE180]

Amen to all that. Thanks for the kind words!

[@fital6167]

🤯😳 thank you so much Holli and Chris!!!!

[@normanarroyo3793]

Very neutral explanation of this person's own experience. You give an honest point of view that I like. Question everything!! Doesn't matter where you end up working.

[@latrecialegrone4102]

I really appreciate the input being a new representative and I will be sure to self educate vs just listen and trust. Thanks

[@Rosa-LeeMcKenzie]

I'm a current agent in Canada. And I can 100% say that I've had a way different training experience than you. We get a lot of product training from our providers. We run ULs at 6. But run it at 4% to double check that it doesn't lapse. We never over promise. I was trained to under promise and over deliver. I'm so so sorry to hear that your cft was not there for your best interest.

[@jeantubbaliphotography4764]

This is a ONE SIDED story. Thanks for sharing, NOW lets SHARE the stories who was helped by this company.

[@LIFE180]

Bring me some good stories that aren't all about hype in the sales presentation.

[@valuecalc]

Jean, yeah. There's none.

[@JohnCent-vs3hn]

@@LIFE180 I recently insured a father of 5 children for 1,000,000 in coverage. Another one: a client started an IUL with me last year and his cash value is already at par with the premiums. I have more cases but I don't feel like typing.

[@ThatLady365]

I totally understand this lady's pain. I was in WFG 18 months. I was a marketing director, making 4k for a whole year driving Uber overnight after meetings because I was so broke.

[@LIFE180]

How did you only make 4k as a marketing director? I thought that was a decent rank? Sorry to hear that.

[@Holycow723]

You lost the dream...

[@sooofunny37]

Hory Sheet!

[@franklehane8843]

Primerica shares a lot of WFG's culture although their "crusade" is the old A L Williams BTID one. Maybe these attributes were borrowed by Humphrey when he split off from Primerica to form WFG's forerunner WMA. Both organizations are money and materialist-focused and motivated.

[@Touchfootballer27]

Yes u r right on. Let me add this: WMA imploded because of their total misrepresentation of VUL & in 2000 the SEC clamp the then WMA. SEC found out that the former WMA didn’t have sufficient qualified staff in its compliance department

[@izaacmiddleton5818]

@@Touchfootballer27Not to mention several class actions lawsuits under WMA

[@brookekilgore5937]

So glad I’ve found your channel .. I was just approached by someone with them on LinkedIn

[@annaswanson5903]

A legit insurance broker will pay for your training and testing and forward leads to you, all while paying a base salary if you’re a beginning agent

[@moneymovesgustavo]

yes but if you dont produce you get fired and you dont keep your book of business

[@BbCc-uf8fu]

Those legit companies are employer / employee relationship wfg seems like one owing their business along with uplines

[@golfjunkie6047]

Yes, that’s called a JOB.

[@elizabethpoole5588]

I'm sorry she had this experience. I have not experienced this. I assume it does depend on the team you are on. It saddens me because I can hear it in her voice that she is passionate to help people & that she tried to do the right thing & it wasn'tappreciated. It's the complete opposite on our team, we have lots of product training & leadership training. We are taught to do research and compare products & compare it with other companies so that we do right for our clients. When we are in the process of training, we are encouraged to look for the right products & then our trainer reviews the illustrations or whatever we have & asks questions as to why we choose this, does it meet the goals of the client, etc... The trainer does this so we think things through & build confidence & be a true professional. If there was something better or we missed something that the client said or the analysis showed, we are told to go back and start over. We are taught to go over the illustrations with our clients and inform them of the fees. Our training is more product training then recruiting. We truly have a mission to help people. Our Fast Start isn't like she experienced either. I wasn't forced or told I have to have a product. When I joined I had several things in place & didn't require any products. I was congratulated for it & I was told that it would help when I meet with clients because I believe in the products & had the products before I joined so it wasn't because I am an agent just trying to sell a product. We do believe in being congruent. If an associate does not have things in place then how can you sit with a client and recommend something you don't have. It's not just about selling. I wish her the best

[@LIFE180]

If you TrULY understand IUL, you would never sell it in the way WFG sells it

[@elizabethpoole5588]

@@LIFE180 I find your reply insulting. Without knowing me or my knowledge you are assuming I DON'T have TRUE KNOWLEDGE of this product. Not everyone's experience is the same in any company. Training isn't the same for everyone in any company either. I am disappointed in your lack of professionalism. This is your platform & you are allowed to voice your opinion & have people speak their truth. The problem I have with this is you only have a one sided view & that is all you share. When someone like myself makes a comment & it's not agreeing with you or your guest, your response is to insult a person, and you have the nerve to talk about WFG being wrong? Moving forward maybe you shouldn't make assumptions. I am an intelligent women with two degrees from USC & have owned a very profitable company for over 23yrs. Business isn't knew to me & making a business decision of joining WFG 3yrs ago has been one of the best decisions I have made. I am responsible for knowing my business, having the knowledge of what I am doing, having the TRUE KNOWLEDGE of products before I make any suggestions to a client, NOT WFG. People need to stop putting blame on others for their laziness & lack of professionalism. There is NO WAY another person can make you do anything you don't want to do. You don't have a boss, therefore YOU are responsible to make sure you know what you are doing. It is your license not theirs.

[@LIFE180]

@@elizabethpoole5588 I am sorry you find my reply insulting. My one sided view is based on 12 years in the industry and being the director of biz development for the #1 IUL company in the industry. You can say you are disappointed in my lack of professionalism, but I’m disappointed in the overall lack of professionalism I experience on a daily basis with WFG. Honestly, it gets exhausting. If you are different than the hundreds I have had personal experiences with, I apologize, but you are hanging with a group that as a whole makes money selling IUL, which ultimately means you are NOT serving people because the product itself is NeVER going to do what you say or think it will. I can appreciate you desire to help people. But I will stand by my comments and points about what you are doing. You can think you’re helping people all you want - it doesn’t make it true…. If it were true, you or one of your mentors would win the #IULchallenge and I would give you $1,000, a high five, and an interview on my channel telling a everyone how good you are. Honestly, in this business, I couldn’t care less about advisors feelings. I only care about the people. There was no intent to offend you as an individual. But you hang with a group of people that as a whole are not doing good. There are always individual outliers in every situation. Maybe that’s you? If so, I encourage you to keep learning

[@LIFE180]

@@elizabethpoole5588 also, I know for a fact that WFG training revolves mainly around recruiting. The product training they give is based on comparison of the IUL that WFG sells (the riders, different indexes, multipliers, etc with different companies). It has nothing to do with HOW IUL’s actually work internally. How cap rates are created. Why they are reduced. Internal costs and volatility, etc…. Just focused on upside potential and downside protection garbage. Once again, if anyone uses common sense, you realize that story is a lie. We just had the greatest bull run in S&P history. So if IUL provides upside, every single policy written in the past decade should be outperforming the original illustration. Or at least meeting the original illustration. Guess what, they aren’t. Know why? Because there is a lot more going on behind the scenes than you are be “trained” about at WFG. I’m not saying that’s your fault. I’m simply saying if you TRULY want to serve people, dig deeper. Go check out lifeproductreview.com - it’s a good place to start

[@claudiafigueroa6907]

I got recruited by WFG and it feels like they are rushed for me to get the state license. I want to genuinely know the ins and outs of the products they are selling. I’ve gone to the trainings but they only touch on the basics. And I look at KZbin videos and articles and ask questions and they’ll answer them and add those extra details if I ask them. I really like the information and what I am learning, but I just don’t like the recruiting and the pressure on that in order to go up the “Ladder”. So everything she is saying is pretty accurate. Since I already paid for the licensing should I just get my license and then would I be able to work in a different company?

[@LIFE180]

If you finish the process with WFG, you will be captive, meaning any of the companies they have you contracted through, you won't be able to do business with those companies once you leave WFG. Make sure you check out the IUL training playlist on the channel here. it will help. kzbin.info/www/bejne/Z4eVkpuea5afrbc Let me know if you have any questions. If you decide you want to go more the whole life route, which I greatly prefer, let us know and I can connect you with someone to help you learn about how to have that focus...

[@peach_bellini]

@@LIFE180 I'd like to get more information on what you shared here. I've completed my license through WFG and have been appointed through Transamerica only thus far. I'm currently completing the training required by Nationwide -- based on what you said about being captive, should I stop? I'm not sure if I'm interested in going more of the whole life route or not just yet, but would love to be connected with someone who can help me learn more. I also just saved the IUL training playlist, thank you for sharing!

[@LIFE180]

@@peach_bellini watching that IUL playlist is step 1. Get through that, learn about whole life and see if it aligns with you well. As for WFG, you are captive and I personally wouldn't get contracted with anyone through them. If you decide you still want to stay IUL, I can connect you to some people who do it. You know I'm not a fan, but any place is better than WFG or PHP and at least you will get good product training...not just the sales and recruiting training they give you....

[@tulip2268]

Thank you Chris I was skeptical about it with them rushing me telling me great story about money making! Thank you for having your guest to clarify things for me. I know they were excited that I’m in New York they looking to expand but I don’t know I did make it clear that I would like to be honest with my clients

[@Seanwellsf150]

​@@LIFE180 I am in the same boat as the other wfg agents here! I joined it to help families with my pure intensions of their motto "No families left behind" I been in it now for almost 2 years, and the confusion and frustrations of the Uplines giving you no time to teach you the products scares me. They call it the Ferrari business, they want you to build as fast as you can and learn as super fast as you can. Most of the meetings I went to were favorisms, showing who made the most and who made the least, scolding the weak and shy ones, and the new recruits were treated like lowlives, he was always harping, RECRUIT RECRUIT RECRUIT so you can be at your next level. I still need help because with the pressure I was under, I was forgetful or got confused with so much information overload. Mind you, I work 80 hours a week and I took this on as a part time, but he said I have no excuse and I needed to try harder with WFG business. I have a salon that is super busy and this is part time, one day I literally passed out due to lack of sleep. I ended up at the hospital, and had to change my medication due to high blood pressure and found out too I have ADHD. My Executive function of the brain doesn't process like the normal person. Therefore, I am very much a hands on, visual learner at a slower rate, where some of us need repetition. I asked my Upline if he can record zoom video showing how he does it, and he said it's not how he want to teach us. And I stayed persistent in asking him to please teach us at a slower rate, and he refuses. He also was the one that got me to sign up and do all my investments with wfg, he did all my paperwork and did it so fast I didn't realise what he was talking about in the beginning. I now have an IUL, Annuity, and an Everest. He was really caring until he got my money. He is my SMD and I am as of now a Training Associate. He made a lot of money from me. And when I need him the most to help people with insurance the ethical way, he shut my out. He literally kicked me out last month from the entire team so I don't have access to any training materials. They invited me to come to their 1x a month who made it to the next level, and who recruited the most. Here he is all about God this and God that, but all I see now is greed, and his ego get the best of him. If you speak your truth, you are treated different and rejected. This is why I am on this platform right now because I did a search on "World financial group training" because I can't get in to learn so I can be a really good Life agent. All I see is recruit, go on these stupid trips you can't afford to go to, and if you can't you are looked down upon. Wearing fancy suits and Emmy award dresses. I don't want any of that, I just want to help people. Lucky I did that search or your platform wouldn't have come up. I guess I am stuck, and sold my soul to the devil.He is a grandeous narcissistic dictator that really don't care about people in his team even if you have a mental health disability. Thank you for posting this video up, I watched the entire video and now I DONT even know what to do now.

[@dreamchaser2521]

OMG. It was exactly the same story as mine. The associate started selling me IUL after she knew that I have a lot of money saved but I declined and told her that I need time to research about that. Unfortunately I have already been recruited by them and passed the license exam. Now I don't know what to do with that license. I feel really bad for you.

[@LIFE180]

Sorry to hear this....people wonder why I go after WFG and PHP the way I do...this is why.... This business is so great...sadly, companies like them are screwing it up for everyone...

[@jaimanandersen2662]

Let me train you correctly. Stop watching this! This guy has no idea and it's kind of funny. DM me Asap!

[@lanuiiohu]

@@jaimanandersen2662 hi con man

[@carnivah9363]

Throw it away and change your phone number.🙏🏽

[@johnmascaro]

Thanks Chris...I recently joined WFG and even was appointed by and placed an annuity policy for a client with a reputable underwriter/carrier. However I recently resigned from WFG and am looking for guidance to move to anther broker (or if I can simply write independently myself).

[@LIFE180]

Hey John, check out Agent.LIFE180.com We may have an opportunity for you OR we can guide you to some other options

[@johnmascaro]

Thanks@@LIFE180 will do!

[@alistairmercado5857]

I took the EASY California license exam. 86%. Found out the minimum score to pass was 60%! It’s too easy to become an agent. No brainer. I can see how a young vulnerable teenager can be recruited into this industry and take advantage of compensation.

[@ferreroreshell9476]

I had just purchased a IUL with them so basically I was better off with a whole life insurance?

[@alistairmercado5857]

@@ferreroreshell9476 just like when it comes to anything that deals with investing and insurance - it depends on what kind of person you are. 1. If your a high income earner and foresee yourself making more exponentially in your career, then an IUL is for you. Especially if you have a lot of money to front-load it. 2. If you’re a “set it and forget it” person who wants a fixed amount guarantee - then stick with Whole or Universal Life. 3. Remember, it’s “life insurance”, not a financial investment or nest egg. Cross referencing against a 401(k) is a sales pitch that agents use to make you feel guilty for not considering an IUL.

[@choosetoshine2610]

Excellent content and delivery! Thank you for being transparent. New subscriber.

[@quynhkimthuyphung6219]

Thank you for your video. Totally understand as a client of their agent. And I just figured it out, did my own research and was shocked after 2 years with the policy. Is there any ways that I can connect with your guest speaker to seek more advice on collecting evidence? Thank you for any help in advance!

[@LIFE180]

You can submit any information to RescueMyIUL.com and our team can help you with a path forward

[@honeyisnatural5]

I officially need to call back everyone I’ve ever signed up or prospected, and apologize. 😢😢😢.

[@LIFE180]

Make sure you have a good story of why it happened and what you've learned to guide you through this. I remember when I had to call my IUL clients. It's really stressful, but you can get through it. And you'll find most of them will be greatful for your honesty and integrity.

[@thesacredprofaneco]

I feel you on this one. years later still apologizing for recruiting people onto that team

[@AshleyBailey-fx6gu]

@@LIFE180 Me currently after one year with New York Life

[@LIFE180]

@@AshleyBailey-fx6gu what was wrong with your NYL experience? Just curious. I have heard some good and some bad. The problem with NYL, imo, is while they have some good products, their culture and philosophy for selling is just too old school insurance, and a bit used car salesish

[@enukajoseph]

What’s a good company to join to sell insurance?

[@LIFE180]

Agent.life180.com

[@tray-j]

Not all brokers know all products, regardless of the company

[@LIFE180]

This is the #1 marketed product by WFG

[@oxtail1000]

@@LIFE180 & that is what you are attacking just bec you value whole life more.

[@thesacredprofaneco]

This was the only product she was focusing on selling and putting people in. IT was her flagship product. She should have known it forward and backwards. In fact, when I came to her with the difference between the 2 Nationwide products we had access to sell...guess what she did? She scratched her head and said...hmmm. Then changed the subject. A week later she asked me to lead a training on the difference between the two products for her team. She had an obligation to know the products she was putting people into and not just assuming she knew what the fancy complicated illustrations were showing her ...in the good parts. The fact Nationwide cancelled my policy and my friends shows they knew it too.

[@kieche]

I always ask questions about why someone is shilling a company. Either they’ve had a really bad experience and are attempting to gain back a perceived loss in dignity, or they’re being paid by the company’s salty competitors.

[@LIFE180]

Nah. I am not looking to "shill" a company. I just have a passion for the industry and know how important the products are when done properly. The actions by WFG training and behaviors have potential to have negative ripple effects due to regulatory changes to deal with the actions and sales tactics being used. That would then hurt people doing it right. That is why I make the videos on WFG, PHP, etc...

[@jackpace4955]

Our team is crushing it!!!

[@tulip2268]

Thank you for doing the video. I learn a lot out of your video. I definitely would love to learn more about whole life insurance I’ll be watching your video

[@annelipalmqvist4443]

That is not the way WFG on Long Island works. You can ask your questions to anyone. Anyone in the whole company.... We don't offer any specific insurance. We offer what is suitable for the client. When you are new, you have to do field training and you do that with different teacher's mostly every time.

[@Touchfootballer27]

Ok so u guys didn’t have ‘hype’ in the sale of the ‘rich dreams’😁?

[@jackwatson1127]

Hey Chris, I just signed up with wfg as an associate yesterday and was wondering if there is a way to go about it the right way or if I should get out now. If there is any recommended books to or anything you think could possibly help trying to change the company as a whole. I come from a family of entrepreneurs and have a degree in mechanical engineering so fixing broken systems with efficient solutions is my niche. I really want to help people it’s not about the money in any way for me as I still have an engineering salary to fall back on. I just like helping others in the best way possible.

[@LIFE180]

Hey Jack, you are not going to change WFG. As an engineer, I encourage you to dive deep into really understanding IUL before proceeding with WFG. If you have questions, email [e-mail] and I'm happy to help

[@gmoney6243]

Have you read Ed Mylett's book, Max Out?

[@thesacredprofaneco]

Hey Jack, just seeing this - not sure what you decided to do. But here is something I just replied with above. I too wanted to see if I could stay and change things...but it will all depend on your team and uplines agency. "The unfortunate thing was as I debated about staying and making it work is that I wasn't allowed to change out from under my upline (who was lying, not taking responsibility and not training well) by her upline - the head of Revolution Financial Management. She would have to sign off on me leaving to a different team or even agency - and she wouldn't do it. So then I was looking at, "do I stay, put my head down and build my team without the support of my uplines AND knowing all that I know, experiencing the coercive control the head of the agency was trying to use on me...where eventually I would have to leave most likely my strongest leg of my team under the 'care' of these uplines?" Ethically I couldn't do that. I was stuck and the only way out was to leave WFG. For me and people like me that join an unethical, coercive team - there isn't really a clear, ethical way to continue with the company. Not that I could find. If I am wrong, than am happy to admit it. "

[@AlabamaCreek33]

When I was an agent, legally we could not run a illustration past the conservative rate. Which if I am correct is 7% to 6.5%. Legally no insurance agent should illustrate above the conservative rate. It's obvious she had uplines that didn't follow regulations. Yes we do show them both the guaranteed and non-guaranteed as well as explaining the difference and the potential growth. I'm pretty sure you have worked for financial companies that are good but not every agent adhered to the regulations.

[@LIFE180]

If you consider 6.5-7% conservative, that's scary on its own... the problem is, most agents don't understand all the moving parts on how IUL'S work in general. How the fees work, etc.

[@AlabamaCreek33]

@@LIFE180 That happens often, agents not doing their own outside research to be able to fully understand how the IUL works including fees. I had to do my own research on my own to fully understand and how to properly structure an IUL policy to the client specifications and needs. As well being able to articulate intricate details of the policy to where they understand too. I was once with Revolution for a number of years and then I transferred to the team I wanted to be apart of. I enjoy your videos as much as I enjoy Doug Andrews videos. It keeps me sharp and excited about finances. Although there's many misconceptions on how you present WFG as a whole. Understand that each WFG team/office operates similarly but not the same. It's up the the one in charge (MD, SMD, EMD, CEO, EVC, SEVC, Chairman, etc.) to enforce industry regulations, trainings, standards, codes, and ethics.

[@WingChunGungFu]

I had a WFG rep tell me the cap was 15% and we could get a TransAmerica IUL with dividends and the market upside...

[@LIFE180]

@@WingChunGungFu that's scary...

[@taekim7696]

@@WingChunGungFu l

[@Touchfootballer27]

Fyi- even S & P index is averaging around 6% annually as of 2020 😉 historically

[@bifftanto]

Firstly all banking institutions are not MLM....mlm are mlm because of how the money flow...the money flows up. In a traditional banking institution you don't have to recruit a single person and still move up in the organization. You can become a manager , boss, director, or any high up position with out spending hours sell products or recruiting people. I can't believe you said that

[@LIFE180]

I wasn't saying banking institutions are MLM....financial advisors are. Money flows up always. Brokerage and insurance. It all works the same. That's different than banking

[@Said2791]

The structure and the system of WFG is really nice, but you are 100% correct that it creates a moral hazard. I believe the bigger problem is that the company itself protects those that are of "higher value" since they are big recruiters and builders, even if they are involved in shady practices. The compliance may slap on their fingers, but they are still allowed to run their businesses as usual. According to WFG, every year over 100,000 people are recruited to WFG. However, currently the total number of active licensed agents is little over 50,000, meaning only a couple of thousands of these recruits actually stay. That means every year $10M is collected by WFG as administration signup fees. I would like to talk to you both...I left WFG after 5 years as an SMD. I have even more inside information, many of them that I have already shared with the compliance and got even them to react to some extent.

[@LIFE180]

email Chris @ LIFE180.com and let's set up a time to connect. Or use this link: Calendly.com/ChrisKirkpatrick/LIFE180

[@Said2791]

@@LIFE180 I look forward to talking to you on Wednesday.

[@trinilotus3190]

I would love to learn more

[@Said2791]

@@trinilotus3190 Sure, what is exactly your concern so I can maybe address that here.

[@harmonyfox]

Not every financial company has recruiting as part of it’s business model. That’s why not every financial company is MLM. I’m confused by that statement.

[@LIFE180]

Every financial company does have an over ride system and some sort of recruiting model. Every single one at some level. Even the wirehouse Brokerage firms.

[@harmonyfox]

@@LIFE180 the difference between MLMs & other companies isn’t the fact that they recruit. In MLMs recruiting is how a person makes money. Other companies not using the MLM model don’t rely on recruiting to make money. They rely on sales.

[@LIFE180]

@@harmonyfox not entirely true. All companies offer the opportunity to get into leadership and get compensation based on over rides of advisors they help/ coach / manage.

[@harmonyfox]

@@LIFE180 not all companies have a focus on recruitment. I’m not sure what you mean by that. I work for a financial company that like many others, pays & focuses on sales not at all on recruiting other people to join the company.

[@LIFE180]

@@harmonyfox they may not focus on recruitment, but there is always a chance to work into a position where you can get compensated for recruitment. Every financial company has a comp grid at every level. That's where the original MLM's got the concept from...

[@petrolekh]

So basically they're Amway, but instead of crappy products they sell a crappy insurance product.

[@LIFE180]

Pretty much... so it's way worse because people are putting their financial futures into these IUL'S

[@ishitabassizenith356]

THE BEST VID, thanks!!! 💫

[@souravsengupta6490]

1) $500 initial cost. Joining , study material, exam fee. 2) $600 yearly to maintain license. 3) Buy insurance for self and sell to friends and family. 4) good money can be earned if you can sell insurance and recruit as many as possible under you.

[@LIFE180]

From what I have seen in my conversations with agents, one of their top sales tactics is getting all new team members to purchase insurance for themselves. Very much an internal consumption model. Not to mention, the illustrations I have seen from over 20 people now, not 1 of the illustrations has been optimized for cash growth....super sad

[@oxtail1000]

@@LIFE180 you do the financial needs analysis first. Hell, set up a term insurance if at all that is what clients can afford. It doesn’t have to be IUL or whole life everytime. Two, of course you should fix yourself first before you go out telling people to do their FNA. Why tell people to go eat at so & so when you have not even eaten first yourself??

[@LIFE180]

@@oxtail1000 we do something similar to a FNA. I call it a Financial XRay. It's much different from the context of how we analyze to help them with cash flow. Plus, I really dislike the term Financial Needs Analysis. I'm never going to presume to know what you "need", plus in my experience, people don't deal with money well on a needs basis...it's more about what they want. So you need to help they create that vision with them and get them to see it. And yes, of course we do a convertible term policy when it makes sense and they need to clean the rest of their cash flow up first. Just make sure that term policy is convertible to the right type of policy and they allow for the right type of design/funding as many convertible policies don't allow you to massively overfund the policy when converted.

[@theforce5191]

The 10% return is her personal experince. I've been told it's more a 6% return over the past 20 years.

[@LIFE180]

I would say 5-6% is what you should really expect over the long haul. Anything over 6% is irresponsible to illustrate in an IUL imo. But I am more comfortable with 5%.

[@theforce5191]

@@LIFE180 gotcha, I'll definitely stick to that number instead. It's more realistic.

[@honeyisnatural5]

During a call (calling my top 25 during fast start) a prospect ask me if I knew what a fiduciary was. I said no. Looking back I’m so embarrassed.

[@LIFE180]

Yeah, knowing this stuff is important

[@moneymovesgustavo]

so you based your success on one objection? in any business your going to get objections

[@jackpace4955]

Educate yourself as a licensed agent. It’s not WFG. Learn the FFIUL product 100%. FNA’s would have shown affordability. Products are not required as an agent.

[@LIFE180]

You don't see an issue with the way they push people to recruit before really knowing what they are doing?

[@over3374]

Can I get Holli's contact info? I just started with wfg, I bought an iul and I'm concerned it's not structured correctly.

[@LIFE180]

Email [e-mail]

[@thesacredprofaneco]

yes - hope you contacted Chris..he is more knowledgeable on how they should be structured. I stopped learning about them when I left WFG

[@PaulaL1971]

Thqnk you both, ❤❤❤❤

[@LIFE180]

You're welcome

[@robmartin217]

Too bad stupid, unprofessional agents give industry a bad...to such a great service...

[@happyfunnysilly]

I need help! I signed up with a friends referral and got my license in 2months but I feel like they aren’t really have much training and support. My up line only shows up when I have appointments… I don’t want to waste my license - what should I do?

[@LIFE180]

What kind of help do you need?

[@JustBU359]

I just came across this video, which I found to be very informant. I have an IUL though WFG I am very concerned because I feel like they may have exaggerated the numbers and over the term I will not even come close to the numbers that they told me i will be at.. Not sure if you would see this comment and if possible I would like to discuss this and get another opinion on such because I have gotten involved with selling such products and left the company and my friend just brought me back in. Thank you.

[@LIFE180]

I would set up a call with Jeff on my team. He can help evaluate it for you. Https://calendly.com/chriskirkpatrick/life180

[@joyasandiyt464]

I try to work for my license, but no matter I did I couldn’t get it. ☹️

[@kriskris5989]

I am not affiliated with HGI but a lot of my friends have joined HGI..whats your opinion about this company? I hate the policies their agents designed for my friends.

[@LIFE180]

I can't honestly say I know much about them. I just looked them up for the first time and their slogan is, "an integrity company". Yet they sell IUL as a main product. That screams not good to me, as I don't see how you can sell a product that hasn't fulfilled its promises to its policy holders for the past decade as integrity.... But aside from that speculation, I don't have a solid opinion.

[@pamelalloyd1663]

Thank you this was great video… So true saw the red flag

[@Interstellar987]

Freedom Equity Group is the new WFG 🤣🤣

[@LIFE180]

Guess I need to do some videos on them... Will need to do some research first and have some people who are involved share info with me.

[@juliepike9471]

Holli should have taken it upon herself to learn the products that she was selling. I am not sure how she feels it is right to blame her upline as all the trainings are readily available on the WFG platform regardless which "team" you are with. I feel someone as educated as she obviously is should not be throwing blame elsewhere and targeting a company because of her upline. Many companies are great companies but have employees that maybe are not the best. Seems you both really have it in for WFG. Very sad.

[@kendallreyes7996]

This has not been my experience with WFG, her experience may have been team specific. I attended lots of product training sessions with the specific companies so that I could understand the differences between the products so that I could advise my clients properly. My SMD also does a lot of product training with our team. I do focus on my client needs. Lots of her experience in different from mine. I don’t even have my own downline because I am not driven by the recruiting. I actually train many of our new agents.

[@LIFE180]

This seems to be a common example from what I have seen and heard from people..... Even today, 3 people.....

[@kendallreyes7996]

@@LIFE180 Fair enough, I have had a good experience so far, and while I get the whole idea of recruiting to build your team, I haven’t made that the focus. There are lots of people who need financial literacy at a basic level and hundreds who have no kind of insurance or plan . This platform has given me a mechanism to help the people who need it most.

[@morgansmith4344]

Chris, the thing is. An IUL will also have a floor. Meaning particular IUL products will have a minimum rate of return. (Minimum is usually around 2.5%) Other's may not produce a return particular year, but you CANNOT lose. If a client decides they want to access some of the tax free accumulated cash, it"s up to them to pay it back or not. Worst case it comes out of your death benefit when the check is cut. It's also important to point out that that client would be paying that money back at a lower percentage rate than any bank or lender, would ever offer. Usually 2-3 percent.

[@LIFE180]

Morgan, here is the thing, the floor is on the cap rate... if you think you can't lose money in an IUL, you need to stop selling them because you don't understand them. The pitch about not losing due to market performance is misleading. You can lose and the policies can blow up, lapse, and cause serious financial hardship. Watch my IUL training Playlist to really understand how they work - how IUL companies buy option, how, COI actually works, where the risks are, what real expectations should be, etc...

[@Layla-wn2ms]

I’m grateful for WFG if it wasn’t for their teaching about finances we wouldn’t have had any protection when my husband passed in 2021 because of COVID and yes it was an IUL, we paid it for 2 years only before he passed and it had accumulated $5,000 in interest, the market was a lot better back then.

[@LIFE180]

I'm happy you at least had some coverage. Having insurance is a great and necessary thing. However, the way WFG teaches about using IUL'S for retirement income is massively misleading and deceptive.

[@moneymovesgustavo]

Product training is on Thursdays your welcome to get on

[@LIFE180]

email a link to [e-mail]

[@TheOpinionSports]

at the time of sending this I am still listening but what was the name of the IUL product with Nationwide she was initially put into?

[@LIFE180]

It was the protector not the accumulator...pretty sad and scary that her SMD thought it was appropriate for her and her friends...and wasn't educated as a leader.... I think she has since changed, but wth....

[@TheOpinionSports]

@@LIFE180 right, everyone is supposed to know the protector is mainly for an older client base. It even says on Nationwide website. I am floored that someone wouldn’t know that.

[@thesacredprofaneco]

It was again a training issue. My best guess is she wasn’t trained well herself, then it gets passed down. I know she didn’t do it intentionally- but still doesn’t make how she handled the aftermath appropriately. Or what is happening now as she continues to call her troops in to support her and shun me. This from my experience was part of the culture of RFM (one of the bigger teams in WFg). That “respect of smd/upline” is to be above all. I did a video on my channel this week about thus

[@TheOpinionSports]

@@thesacredprofaneco who is the CEO/chairman of that organization RFM? If you happen to know.

[@LIFE180]

@@TheOpinionSports Jamie and Shawn Villalovos I think are the owners?

[@katherinejimenez4956]

Might it be realistically possible to simply obtain financial education via WFG without diving deep into becoming a licensed agent?

[@LIFE180]

Honestly, no... they will teach you some things surface level...but nothing that'll change your life. Most WFG (even leaders) don't even understand the nuances of the products they are selling

[@thesacredprofaneco]

Katherine - I agreee mostly with Chris here. From my experience in talking with others that have left, the focus on Financial Ed only goes surface deep. We always mentioned Rich Dad, Poor Dad as part of our presentation, but as I dove in deeper into both that book and Revolution, I found many things Revolution Financial Management did were contrary to rich dad. The education was only surface deep and the focus became more on recruiting, losing weight/being healthy (but being so busy you barely had time to sleep), how to answer objectives (about recruiting), etc. I did hear of 1 team that was doing something I was wishing to implement - a 6 course mandatory training for new recruits on real financial education (but guess how far I got with that on my team). And some comments on here allude to theirs being better at training. I still have my doubts about that, but that is just me after my experience.

[@ernestndifor5801]

Hello Chris, I am pleased with this video because I have fallen in same trap. My interests peaked when your guest mentioned nationwide because I have same policy. I am an agent in Texas but quit WFG because of all you discussed in this video. My when does not even understand the policy she sold to me. I want to change or cancel my policy, can I send you my illustration so that we can look and give me some tips?

[@LIFE180]

email [e-mail] - I am happy to help any way I can.

[@juanenriquerod1968]

she had the wrong people training her their are some offices out their unfortunately. my office does teach us to be for the people and their goals.

[@LIFE180]

How exactly would you create a policy for high cash value and for the benefit of your clients. Would love to see an example illustration

[@glsrider]

Question, is the lady licensed already? If not yet then, WFG should not even be allowing recruits to present. The mere fact that, that person is not licensed means that he/she doesn't understand much about the basics of the industry. I've been hearing about people in the business with WFG for months but not yet licensed.

[@LIFE180]

Yes, of course, she was licensed before any of it. Well, I guess I shouldn't say of course....but yes, she was licensed

[@thesacredprofaneco]

Yes I was licensed by the point I started to present. And yes on my team we were not allowed to present the presentations without be licensed. But I think that was more because most people on my team didn’t feel confident, competent in presenting. I did because I geeked out on this and became licensed within a month and certified as a field trainer right after. I also didn’t want to sell without being super educated and that is how I found this mistake my upline was making.

[@glsrider]

@@thesacredprofaneco oh ok. At least you are different than most then. I too, often see advisors that are not too well versed on their product and purely rely on the training being conducted, which if happens to be insufficient, results to things like this. Good that you dug in.

[@jianqinhu1620]

support you

[@walleyehunter1541]

It is an MLM; there is nothing wrong with Multi-Level Network Marketing.

[@LIFE180]

There is when it comes to coaching people with their money.....I have no problem with MLM when it comes to health or face cream....not selling financial products....

[@jaimanandersen2662]

People who have not been trained correctly will not give you anything then the classic answers you want. Interview people that are trained? Can I interview you to find out why you want to talk sh"'^?4 things lol, they do very specifically 6 things.. thank you for providing my point.

[@LIFE180]

Your comment doesn't make sense. You want to interview me? Sure, I will interview with you and answer any question you want.

[@markrichardson3566]

People becarefull mlms are everywhere 🙂

[@LIFE180]

It's kind of a hybrid MLM....but their comp plan is horrible....

[@keliamartin1506]

Thanks so much for this information. I need to ask more questions. Someone is trying to sell me uil now. I will not sign that dotted line.

[@LIFE180]

email chris @ Life180.com if you have specific questions. Happy to help.

[@LIFE180]

or set up a time to talk, calendly.com/ChrisKirkpatrick/LIFE180

[@donniemarq6658]

If most of your sales come from your recruiting. Then you’re in a pyramid scheme. 😂😂😂

[@LIFE180]

Well, technically a pyramid scheme only exists when the people you recruit can't make more money than you. However, your sentiment of the comment is right on point!

[@mahatmaheil]

How do you get your money back from WFG when your agent no longer responds to your emails?

[@LIFE180]

What did you give them money for? A policy?

[@LIFE180]

How long have you had your policy?

[@mahatmaheil]

I don't want to deal with the WFG agent anymore. The investment is okay. I would just rather deal with the policy provider.

[@thesacredprofaneco]

@@mahatmaheil whose the policy with?

[@mahatmaheil]

@@thesacredprofaneco I already changed advisors. She recommended changing to another investment in an effort to get my money back. That one tanked even worse than the first one. I'm done with WFG if/when the product recovers. Now that I have educated myself I realize how inappropriate the investment was for my situation, and how misleading their sales pitches were. I'm still putting money into the market including a small amount into Segfunds, but only in funds I have personal interest in and only with money I won't need in the near future.

[@juanenriquerod1968]

you can stay with your up line and work with others that she might likes a lot of this people don't realize or they got a bad person you are free to train or go with others, she did not talk to the right people.

[@LIFE180]

Justify away all you want. I have had literally DOZENS of conversations with WFG agents and leaders. NOT ONE of them has been able to fully explain how IUL'S actually work and where the risks are. That shows a massive lack of training on product.

[@ivysu6812]

Good video, thank you.

[@DanielLudy]

The problem with this video and most of these “exposing wfg” videos is you have a rookie to speak as an expert on WFG. A lot of the information is inaccurate and gives people the wrong impression. I used to be with WFG and learned a lot about finances. Why don’t these KZbin channels ever interview successful agents instead of people who never joined or stayed for a short period and quit?

[@LIFE180]

Because "successful" WFG people are focused on recruiting and have justifications on why that's the case. The main problem is the way new recruits are trained and supported... it has been proven to me that your ability to be successful in WFG has more to do with hype, and recruiting, not education and product knowledge that's a problem....especially in the financial industry

[@AS-nl7lb]

Such thick comment lmao. All the “agents” who make it are scammer selling I did it so can you. The chances of actually making money in MLM is 1 out thousands because rest thousands are getting scammed. It just doesn’t work hence interviewing successful agent doesn’t make any sense. There are other better and correct ways to learn finances besides joining mlm scheme.

[@jeffpatrick950]

@@LIFE180 Read this book which reveals a lot about WFG. www.amazon.com/Truth-About-World-Financial-Group/dp/0996516948

[@valuecalc]

Daniel, it's a scam. That's why.

[@thesacredprofaneco]

Scratching my head: What does my length of stay at WFG have anything to do with the validity of my story? Or the possibility that I was or wasn't successful. I was the MVP of the team I was on within 1.5 months of getting my license (and it only took me 3 weeks to get my license). I did the fast start because I already loved finances and was passionate about helping others. I was made the "rabbit" of the team. I earned my first promotion (because I was so good at recruiting) within the firsts 2 months. I was asked to be on my upline's leadership team meetings 3 months after joining, and began leading trainings myself. I EARNED spots in advanced Agency (Revolution Financial Management) training because of my success. Jamie - the head of RFM fought hard to convince me (more like coerce me) to stay because I WAS a success early on. A newbie does not get 1 on 1 time with a woman like Jamie (who has probably thousands of agent in her agency) if she isn't a success. For all apparent purposes, before I found out the true colors of RFM, I was on the path to becoming a 1%er. I had a team of 6, yet was only one making money. Too bad for my upline and RFM I didn't believe this was okay. I stopped, talked AND LISTENED to my friends and asked why they weren't able to move forward like I had? What had changed from the time they signed up to now? They ALL said it was the lack of true financial education and simultaneously pushing them to recruit. They all felt misled....and I took that to heart. I took a hard look at myself, why I had a different experience from them then moved to see if I could change that. I was told no by my upline's upline (because my upline handed me directly over to her for fear of losing me). Why would a company say "no" to someone wanting to educate their team MORE on the very thing we were selling "financial education"? So please stop discrediting my story, experience and warning just because I saw inside the veil in a short 7 months and ethically couldn't stay.

[@richardcortez1302]

WoW, Crhris I just Joined WFG yesterday and would love to talk to you.

[@theobviousgirl]

Oh my me too. Have gotten licensed yet

[@LIFE180]

Email Chris @ life180. Com

[@jianqinhu1620]

I subscribe your channel.

[@wkham2664]

WFG is just a platform; mainly the legal stuff and the product partner stuff and the payroll. Agents are independent business owners. What you are complaining about is the complaint against the agents, not WFG. You just have to look for a good leader who aligns with your belief on the journey to becoming an SMD. After all, after the one who gives birth to you as an SMD status, you can run your business better the way you want just like you become an independent brokerage. Now just imagine you are WFG, you probably want every agent to do the right things and help clients with the best knowledge and strategies. And you wish to have the magic financial touch and education for every family across the country. I believe that is WFG's real intention. But in reality, when we have to deal with people, that's how choice comes into play. But it will get better control by technology. Just think back though, at least there's some movement advising people how to pay themself first, how to save money, and how to protect their family, it is better than doing nothing.

[@LIFE180]

After reading all that, my conclusion is, if WFG really wanted to do what was best for clients as a company, they wouldn't have IUL as their flagship products to solve people's "financial literacy" problems. I have yet to speak with a WFG agent who truly understands what they are selling. And I've been on Zooms with 3 different SMD's....it's scary 😨

[@wkham2664]

@@LIFE180 For any reason, do you think an IUL is useful for a specific client? In Canada, all bank wealthy divisions use UL as a wealth strategy.

[@thesacredprofaneco]

In my experience, WFG was not out to help me. I tried to see if I could move SMD's. But the person I needed to sign off on that was my SMD's upline - and the woman trying to coercively get me to stay with my SMD. She wouldn't sign off on that. Said it was bad blood for her agency. WFG wouldn't give me a way around that...even after I shared with them ALL of what happened. When I told the EMD I was taking what my SMD to compliance - the EMD tried for 4 hours to convince me (over about 3 phone calls) I was just making a big deal out of nothing, that it was still a good product, yada yada. I finally got the number for compliance for WFG (which was NO WHERE to be found in the agent portal or on their website...why??) but was treated - well with nothing really. I was given a way to submit a complaint. I couldn't get anyone on the phone to talk to me....only email. And they didn't do one thing to help me out - to this day 2 years later never heard ANYTHING back on. The ONLY company that helped me out was Nationwide. WFG tried to come after me for the charge-back commissions EVEN THOUGH THEY KNEW what had happened because I had repeatedly told them via email. I even had the state of TN working on a case with me against my upline and WFG...but we had to drop it because Nationwide did the right thing and cancelled the 3 policies (mine and my two friends). Again, in my experience which is all I can speak from, WFG did not do right by me the agent nor the LEGALLY REGULATED INDUSTRY they are in. I was a small player with decent leverage, but in the end they ended up ignoring me hoping I would go away (and probably why they eventually stopped trying to collect the charge backs).

[@YuhuanSong]

So can you actually make a lot of money at WFG?

[@LIFE180]

Sure....but no more you can make other places ....

[@oxtail1000]

I’m with WFG. Why sell IUL only when there’s a bunch of options out there. Also, like every other industry- there are bad doctors as there are good ones, there are horrible dentists but there are excellent ones as well. Much like here too. There are good agents, there are those that don’t completely understand. So then, be the change instead rather than knocking other companies down just bec you have another belief system (whole life).

[@LIFE180]

I mean, that's a nice statement, but there are not good IUL'S. They all have a history of not performing (#IULchallenge). If you say I am wrong, prove it. I do plenty of positive through coaching, etc... however, I find if funny that be telling the truth about IUL is considered negative. In reality, I find it my responsibility to shed truth into a massively misrepresented product so people can make educated decisions. Normally, I'm a take the high road kind of person, but sometimes you can't get the word out there without getting in the mud... and if that's what it takes, I'm gonna do it.

[@AlabamaCreek33]

A properly structured IUL is the greatest thing since slice bread.

[@LIFE180]

No....no it's not 🤣🤣

[@WingChunGungFu]

It doesn’t have the guarantees that Whole Life does - the company can change the fees anytime in IUL depending upon where the market goes. It’s a very young and new product from the 80s that still doesn’t have much of a track record. Whole life is the best option overall. IUL just doesn’t stand up against it. IUL may be better than a Roth IRA but that’s about it

[@AlabamaCreek33]

@@WingChunGungFu What it really comes down to is what's best for the client. There's no product better than the other, it depends on where the person at financially and how to get them to their financial goals. There are some cases where whole life makes sense and vice versa an IUL or a UL or a VUL. Suggested just one product to be the end all be all is very foolish and highly unwise.

[@AlabamaCreek33]

@Bond No I don't have a financial degree, did you get yours though? I'm always open to learn more so I can do more critical research. Yes I've done the critical research and still continue to do critical research on various financial vehicles and benefits packages. Unlike most people, I dont take it at face value. Not even the reps and regional directors or etc. that I've had several of multiple trainings/meetings over the years from Pac life, Transamerica, Prudential, Nationwide, Everest, and etc. Doing the hard work of critical research is how I discovered my folks are Amerindians and the tribes Amerindian tribes my Ancestors come from, not black or African-American; but Amerindians. The ones the pale faces first seen when they landed on my motherland of the Americas.

[@brianholmes9028]

@@WingChunGungFu so Roth IRAs must be the worst possible investment to you then? I would disagree.

[@vikjts]

Taking a very objective approach. 1. You were disappointing by your upline because of her lack of knowledge and you felt misguided. I'm yet to meet one manager at a job who knew 100% what they were doing. The rule in financial operations is "if in doubt, don't". The fact that you didn't take the liberty to go to your upline's upline and their upline to find out the correct info proves that you were misled by your own research, which you believed to be true (in your own head) although the fact remains that you still don't know the truth and are a typical whistle-blower. You went to Nationwide and summed up your assumptions without going to top people for an explanation. 2. I'm going to ignore your statement that their was a million dollar difference when you compared two products. No one knows what you did but feel free to make a video and show everyone. 3. The fact you tried to leave your upline and join another group, factually proves that you actually did want to stay in WFG. You just got annoyed that the escape/switch route wasn't easy and you just quit. 4. No, you were not successful in WFG and no need to claim it and give yourself credit that whatever success you had was because of your sales background, your education, or even your personal network. The business model of WFG is totally different than what you claim and your statements prove that you never really understood yet decided to do blindly, which is kind of your fault. May be you needed the money but let's put a cap on it. 5. Lastly, no you not very good at presentations. Your body language is very negative and you sound like a typical Karan complainer. 3. The usage of word "fiduciary" is not reserved by Series 6/65 licenses but only the word "financial advisor". Anyone can be a fiduciary as long as they follow the guidelines by law to fulfill fiduciary duties. 4. This video also put a red flag on IUL and passes whole life as a green mark. I'm sure you had good intentions on alarming viewers to do their own research before making such decision. But the way you painted the picture comparing the two is in fact misleading.

[@LIFE180]

At the end of the day, you can be hyper critical of her. But the bottom line is WFG is using "financial literacy" in the USA to sell IUL's as a retirement planning alternative as their main line of business.... I have spoken to 100;s of WFG agents. NOT ONE OF THEM knew how IUL's actually worked or the history of them. Super hypocritical.... Watch this video: kzbin.info/www/bejne/sHm4pJtuZ9-Md5I

[@kieche]

Well said.

[@thesacredprofaneco]

Did we watch the same video?

[@markrichardson3566]

It all comes down 2 getting peoples $$$$$🎉

[@LIFE180]

Sadly, most truly just don't understand what they are actually selling....

[@deepakkhatri7323]

Pyramid scheme world financial group I got suck in to they company paying $125.00 asking for $400.00 more money

[@luisabiera]

You were in the wrong team girl!

[@LIFE180]

Still selling poor IUL products...

[@thetraveler1182]

But once you are in a team you are stuck. Constantly bombarded with Zoom meetings and office meetings.

[@luisabiera]

@@thetraveler1182 that’s probably because you only have an employee mindset

[@luisabiera]

@@LIFE180 I’m selling all kinds of products considering that we have all from term, whole, universal, variable and iul. Unlike others who only have term thus bashing the rest

[@thesacredprofaneco]

I wasn't allowed to change. Not my the EMD - Jamie Villalovos - nor by WFG (because Jamie wouldn't sing off on it...and even if she did, I think I had to stay under her which she was also a huge issue)

[@harsh_parmar]

Bro come one of our convention or training you will come to know better !!! Don’t spread fake news

[@LIFE180]

I've been to a training.

[@jasontremel]

@@LIFE180 Agreed. Not every team runs their business the same. Certainly there are some teams that fall into the stereotype that was outlined in this video, but thats definitely not indicative of all the teams in the company. Chris your content is good but as soon as you start blanketing entire companies I believe you’re shooting yourself in the foot. Target the practises of certain people who do things the wrong way. I’m not sure about our friend Harsh here but I’m hoping he’s with a team like ours that trains their people properly and uses the right products for the right situation and understands how they work. Our team is almost 100% using participating whole life with the largest mutually owned insurance company in Canada and structuring them properly so that there’s a high cash value. If you tap into the WFG expansion and you train them properly through your content, you will help more people than trying to bash the company with these blanket videos. I know a lot of the content is specific to practises but the video sure has a tone of negative over the entire company. Again it’s not indicative of everyone.

[@LIFE180]

@@jasontremel well, it's good to hear you use mainly whole life. In the US they focus almost 100% on IUL and what makes it horrible is I have spoken to 50+ agents personally and none of them even understand what they are really doing. So, I can't speak to WFG in Canada. Best of luck to you. We are actually in process of launching an IMO now to help people with IBC in the USA. Plus with the launch of my book Cashflow Hacking on Amazon, it should make for some great help for people.

[@jasontremel]

@@LIFE180 Yes fair enough. It frustrates me at times seeing how other agents run this business because it definitely doesn’t have to be run the wrong way to make good money. If it’s run the right way we can build it big and make a lot of money and help a lot of people in the process. Keep it up with the content. You’ve definitely added a few tools to my repertoire in terms of communicating this strategy. We’re actually just launching financial education workshops for the public and our agents, teaching them on all things finance but throughout the whole series it guides people towards understanding how participating whole life is the foundation to a strong financial system. You’re welcome to tune in if you like.

[@LIFE180]

@@jasontremel email me a link to [e-mail]. I would tune in if it is whole life focused and not IUL 😄

[@juanenriquerod1968]

she is lying because if aim asked by clients i due show theam the fees she's lying .

[@LIFE180]

I would like to hear how you explain the fees