WFG – World Financial Group
2023 0815 – Diberli – Pinnacle Elite Overview by Eric Olson of World Financial Group – WFG
2023 0815 – Diberli – Pinnacle Elite Overview by Eric Olson of World Financial Group – WFG
- 2023 0815 – Diberli – Pinnacle Elite Overview by Eric Olson of World Financial Group — [BonkNote] — [VIDEO-YouTube-35:39]
- 9 – What do you do? We show you what wealthy people do with their money. We do it for free. It’s not sales, it’s financial education.
- Grampa had a 30 year term, died months after the policy expired.
- 11 – Rule of 72, Albert Einstein
- 14 – put money where the banks put their money
- 14 – he has done 6-12% over the last 17 years
- 14 – Fixed, Variable, Indexed
- 15-?- Indexed – Hybrid of Fixed and Variable, Can’t lose any money. Stairway to heaven, upside no downside. Most people don’t know about Indexed. Because people don’t have the right licenses. Tax now, Tax later, Tax Advantaged / Free. Farmer / Seeds / Harvest – Government, 401k, Benefits the government,
- 3 Rules of Money
- Rule of 72, Compound interest
- How money grows – We recommend Indexed
- How money gets taxed – We recommend Tax Advantaged.
- If we could help you…
- get a million dollars for your family, with Legacy, when you retire
- get a million in retirement, guarantees you never lose money, guaranteed pension for life
- we don’t charge you any fees
- take all the money out tax free
- Kind of a no brainer
- We don’t sell anything, we do financial education.
- Six Steps
- Increase their cash flow and make more money
- College Planning – Rockefeller College Account
- Emergency Fund
- Proper Protection – Family, Health, Business, Money
- Build Wealth
- Preserve Wealth
- Six Steps
- Baby Boomers
- Only company helping Baby Boomers and we aren’t charging people.
- Our company is going through a huge expansion phase
- We are business owners.
- Financial Industry is the highest paid industry
- Slide – 30 Benefits to working with us
- My payroll has been 50 Million
- How to Start – $100 to get code, and get your insurance license
- Compared to State Farm start up costs – $100,000
- Compensation types.
- Ownership program. You own the company, can sell, etc.
- Training.
- If we can do it, you can do it.
- Brokers, Agents – Similar to Real Estate
- 26 – Part time agents make $1,000 per week, etc
- 28 – The company pays us to help you
- 28 – Find somebody successful and do what they do.
- 30 – Incentives, trips, etc.
- MVPs
- WFGs by the numbers
- 32 – Referral Program – 50%
WMA – World Marketing Alliance
WMA – World Marketing Alliance
- Hubert Humphrey, Founder
- Founded in 1991
- Original name was Alexander, Inc.
- 1997 – SOA – Selling Life Insurance Over the Internet – (rsa97v23n3103i), Society of Actuaries – 21p
- Tom Matthews, Vice Chairman of World Marketing Alliance
- 1994 – WMA – World Marketing Alliance – Business Format System: Turn-key Training Manual – <WishList>
- 1998 – WMA – World Marketing Alliance – Business Format System: WMA Building System (Volume 1)
-
Year-?- HGI Admin – World Marketing Alliance: MSNBC Champions of Industry with Pat Summerall – [VIDEO-YouTube-02:01]
2023 0203 – Always Marco – He Flopped On Our Debate So I’m Doing THIS Instead – [re: Mckensy Long – WFG – World Financial Group]
2023 0203 – Always Marco – He Flopped On Our Debate So I’m Doing THIS Instead – [re: Mckensy Long – WFG – World Financial Group]
- 2023 0203 – Always Marco – He Flopped On Our Debate So I’m Doing THIS Instead – [re: Mckensy Long – WFG – World Financial Group] — [BonkNote] — [VIDEO-YouTube-02:25:29]
- 2017 – CAI – Consumer Awareness Institute – Multi-Level Marketing Unmasked – Why Multilevel Marketing Is Unfair and Deceptive, By Jon M. Taylor, MBA, Ph.D. – 476p
- 2019 1203 – UC Berkeley – Selling Insurance to People Selling Insurance, a Pyramid Scheme Story – [link]
- 2021 – Book – Direct Selling: A Global and Social Business Model, DSEF, Direct Selling Education Foundation
- – WFG – Systems Manual
- 20 – Generally defaults to MLMers have been brainwashed, but…
- “It is difficult to get a man to understand something, when his salary depends on his not understanding it.”
― Upton Sinclair,
- “It is difficult to get a man to understand something, when his salary depends on his not understanding it.”
- 21 – Mckensy Long – 3 part series on his website
- 24 – Mckensy Contract re: Debate
- 27 – not in the mlm biz, in the insurance biz
- 33 – MLM vs Insurance Industry
- Mckensy – State Farm, total confusion about the industry, not just mlm
- 35 – Insurance Company Failure Rate
- [Bonk: Failure rate – Company vs Agent]
- 38 – Rapist Comparison
- 39 – Not in a MLM – Hartej (WFG), Nathan (ACN)
- Mckensy VIDEO – 5 Red Flags –
- 41 – PHP – PBD sold
- 44 – Mckensy – Instagram video – Gaslighting – Why did you look at me when I said that.
- 46 – Professional Insurance people – don’t do these things- Preparing / Educating Marco – Term, IUL, Typical Practices of the industry, compensation,
- Not a real office, Mckensy, Hartej
- Anyone can get an insurance license
- 53 – Forex Trading vs Forex MLM
- 54 –
- 56 – MK well spoken,
- 57 – Insurance regulated business, Bernie Madoff, Harry Markopolos, Elizabeth Holmes (Theranos), SBF – Sam Bankman Fried – FTX, Legitimate people endorsing them.
- 59 – Insurance MLMs look more legitimate – need to be licensed – wear suits
- 1:05:05 – Recruting – Cannibalism – The More the Merrier – McDonalds – High Demand, Low Demand – Monat – No Advertising – Would rather give money back to distributors – If your product is so good, sell it in Walmart, Amazon, Target
- 01:07:00 – MLMs don’t track sales
- [Bonk: 2021 – Book – Direct Selling: A Global and Social Business Model, DSEF, Direct Selling Education Foundation
- 01:08:00 – If you could only track one metric – if would be sales. So if you don’t know your own sales, how could you stay in business for so long? Herbalife, etc.
- AM – 2023 0202 – Matthew Cox | Inside True Crime – Exposing Legal Scams | MLM Pyramid Schemes – [Always Marco] – [VIDEO-YouTube-02:06:22]
- So, there must be another way to make money. I leave it to you.
- 01:10:00 – ML – McDonalds –
- 1:13:00 – Marcos information re: Commission from actual Life Insurance Agents, reason for 100% – Because the company makes money on the future years. [Bonk: Add – Surender Charges]
- 1-18 – “wfg” “systems manual” – Rank Up – First 3 sales go to 3 recruits, Pressured to buy policy – [Bonk: ]
- 1-21 – not sold in Walmart – only alive because of internal consumption,
- @Rubester-cl6op – In the case of insurance id think the traditional insurance jobs have required training for a good reason and have people that know what they are doing! Which is pretty damn important if someone has to fight a lawsuit or something!
- 1-22 – McDonalds
- 1-23 – Elon Musk –
- 1-24 – Unlimited Recruiting, Endless Chain –
- 1-25 – Agent Knowledge –
- [Bonk: National Underwriter – FFL – 5%, old quote]
- 1-26 – Compensation Plan, CEO Marketing Director
- 1-27 – Language – Base Shop Points
- 1-30 – AutoShip – Insurance
- pay to play
- 1-34 – insurance is legitimate because you have to a get a license
- 1-39 – Taprooting
- 1-46 – We have to alert the people who can actually do something
- 1-50 – ΝΠΑζ – big question, who’s worse, him or izzo? Izzo v Mckensy –
- 1-56 – Amway – Scamway –
- 1-57 – Products cost more – Suggested Retail products
- [Bonk: Primerica – Term]
- [Bonk: Connect: 2021 – Book – Direct Selling: A Global and Social Business Model, DSEF, Direct Selling Education Foundation
- AM – Riddle – 40% of pie
Mckensy Long
Mckensy Long
- youtube.com/@MckensyLong
- WFG – World Financial Group
- Eric Olson and World Financial Group Lawsuit
- 2023 0203 – Always Marco – He Flopped On Our Debate So I’m Doing THIS Instead – [re: Mckensy Long – WFG – World Financial Group] — [BonkNote] — [VIDEO-YouTube-02:25:29]
- 2022 0322 – Mckensy Long – 5 RED FLAGS: To Discover a Pyramid Scheme! PHP, WFG, KW, FFL, PFA, EXP, REAL, Primerica – [VIDEO-YouTube-21:36]
- 2024 0308 – Mckensy Long – The Most Complete Company Guide for Insurance Agents, Ever! Each Builders Insurance Company Compared – [VIDEO-YouTube-01:41:05]
- 6 – Pinnacle,
- 9 – OG = Primerica
- Amount of Agents
- 14 – Most of the companies stem from Primerica
- 15 – Ownership
- 41 – Compensation, High Turnover,
- 01:03:00 – Leads
- 01:05:00 – Company Leadership
- Best
- WFG – Because of Ed Mylett
- PHP – Because of PBD – Patrick Bet-David
- Best
- 01:08:00 – Eric Olson, GFI – Pinnacle
- FFL – Shawn Meaike, Founder – Compensation –
- [Eric Olson / GFI and World Financial Group (WFG)]
- 2024 0207 – Mckensy Long – ERIC OLSON – “Why I left $1,000,000 Per Month Income” Live Stream Watch Party – [VIDEO-YouTube-36:25]
- 2024 0209 – Mckensy Long – Eric Olson Sues WFG Full Court Filing; Paul Hart’s Resignation; 10 DOES in WFG Also Sued – [VIDEO-YouTube-52:04]
- 2024 0212 – Mckensy Long – WFG Sues Eric Olson Back; GFI Comp Plan; 50 DOES Involved In Breach of Contract – [VIDEO-YouTube-01:06:20]
- 2024 0214 – Mckensy Long – WFG Restraining Order on Eric Olson’s Raid; WFG Responds To Olson Lawsuit; Papa Kapp to GFI – [VIDEO-YouTube-01:01:45]
- 2024 0216 – Mckensy Long – GFI Contract; GFI Agent Agreement; Cofield Recruiting Video Mentions Ownership – [VIDEO-YouTube-01:01:15]
- 2024 0219 – Mckensy Long – GFI Global Financial Impact LLC Lawsuit; WFG Sues GFI; Misleading and Poor Marketing – [VIDEO-YouTube-57:55]
- 2024 0223 – Mckensy Long – GFI Agents Say WFG Abandons Widow; Cofield’s Post & Her Response Video – [VIDEO-YouTube-34:40]
- 2024 0226 – Mckensy Long – Eric Olson Restraining Order DENIED; Big Win for Eric; Sightings of EMD “HIDDEN” Agent Contract – [VIDEO-YouTube-01:10:03]
- x – 2024 0228 – Mckensy Long – WFG Discovery Requests Interrogatories, Documentation and Subpoenas; Judge GRANTS Discovery of GFI- [VIDEO-YouTube-01:19:15]
- 2024 0228 – Mckensy Long – Olson’s “Object!” to Discovery & Ask for Discovery of Their Own – [VIDEO-YouTube-38:45]
- 2024 0227- Mckensy Long – GFI EMD Contract – Let’s See What’s in it! – [VIDEO-YouTube-18:15]
- 2024 0227 – Mckensy Long – Eric Olson’s WFG Termination Letter; Why Was He Terminated?! – [VIDEO-YouTube-12:55]
- 2024 0301 – Mckensy Long – Former Agents Leak; Confirming Allegations in WFG Discovery; Slack Chat; NDA’s… WFG Was Right – [VIDEO-YouTube-01:00:50]
- 2024 0306 – Mckensy Long – Eric and Sandra Olson Filed to dismiss; Judge TERMINATED request; Going to Trial – [VIDEO-YouTube-01:19:40]
WFG – World Financial Group – Lawsuits
WFG - World Financial Group - Lawsuits
- 2020 - LC - Tricia Yeomans v. World Financial Group Ins.
- California Agent or Employee Case
- San Francisco Superior Court. case number is CGC-18-572397
- 3:2019cv00792 - CALIFORNIA NORTHERN DISTRICT COURT - 02/13/2019 07/31/2024
- 20-16937 - WFGIA, et al v. USDC-CASF
- United States Court of Appeals for the Ninth Circuit
- https://www.ca9.uscourts.gov/media/
- Hearing Date: 2021-09-14 - youtube.com/watch?v=7Qi2hH3QPQc=
- 2023 - LC - Eric Olson v. World Financial Group Insurance --- [BonkNote]
- 2024 - LC - World Financial Group Insurance v. Olson
- Defendant: Eric Olson and Sandra Olson
- Case Number: 5:2024cv00480
- Filed: January 26, 2024
- Court: US District Court for the Northern District of California
- Presiding Judge: Susan van Keulen
- Nature of Suit: Contract: Other
- Cause of Action: 28 U.S.C. § 1441 Petition for Removal- Contract Dispute
Eric Olson
Eric Olson
- GFI – Global Financial Impact
- globalfinancialimpact.com/
- globalfinancialimpact.com/speakers/eric-sandra-olson/
- Founder & CEO of Global Financial Impact
- Pinnacle Elite
- Former WFG – World Financial Group
- youtube.com/@EricOlsonceo
- 2023 0815 – Diberli – Pinnacle Elite Overview by Eric Olson of World Financial Group — [BonkNote] — [VIDEO-YouTube-35:39]
- Eric Olson – GFI – Former WFG – World Financial Group
- 15-?- Indexed – Hybrid of Fixed and Variable, Can’t lose any money. Stairway to heaven, upside no downside. Most people don’t know about Indexed. Because people don’t have the right licenses. Tax now, Tax later, Tax Advantaged / Free. Farmer / Seeds / Harvest – Government, 401k, Benefits the government,
- 2023 – LC – Eric Olson v. World Financial Group Insurance — [BonkNote]
2023 – LC – Eric Olson v. World Financial Group Insurance – WFG
2023 – LC – Eric Olson v. World Financial Group (WFG)
- 2023 – LC – Eric Olson v. World Financial Group Insurance – WFG — [BonkNote]
- Case No. 5:24-cv-00481
- Court: US District Court for the Northern District of California
- pacermonitor.com/public/case/52131234/Olson_v_World_Financial_Group_Insurance_Agency
- 2024 – LC – World Financial Group Insurance Agency v. Olson
- 5:2024cv00480
- Filed: January 26, 2024
- Court: US District Court for the Northern District of California
- pacermonitor.com/case/52131233/World_Financial_Group_Insurance_Agency,_LLC_v_Olson_et_al
- dockets.justia.com/docket/california/candce/5:2024cv00480/423942
- 2024 – LC – Sandra Olson & Global Financial Impact, LLC v. World Financial Group Insurance Agency, LLC, Case No. 5:24-cv-00477-NC (N.D. Cal.)
- 2024 – LC – World Financial Group Insurance Agency, LLC,
v. Eric Olson, Case No. 5:24-cv-00480-PCP (N.D. Cal.) - 2024 – LC – World Financial Group Insurance Agency, LLC v. Global Financial Impact, LLC, Civil Action No. 24-cv-00019-SWS) (D. Wyo.)
- 2022 0114 – Steve Siebold Interviews WFG Star Jay Maymi – part 1 – [VIDEO-YouTube-27:21]
- 8 – Owning your own business – in the fine print
- 9 – Is WFG a scam?
Hubert Humphrey
Hubert Humphrey
- Railroad
- Amway
- A.L. Williams / Primerica
- Alexander / WMA – World Market Alliance
- WFG – World Financial Group – TransAmerica – Aegon
- HGI – Hegemon Group International
- IMG – Integrity Marketing Group
- CONQUISTADOR TV – youtube.com/@conquistadortv1687
- as of 2024 – 332 subscribers – 120 videos
- Hubert Humphrey and Mauricio Garcia are using podcast to share with the world the principles and strategies that can help anyone conquer their future.
- 2021 0802 – CONQUISTADOR TV – The System: How Hubert Humphrey built Two Multi-Billion Dollar Market Cap Companies
- Bill Campbell – Amway
- Brought System into Financial Services
- after he sold WFG to Aegon, he had a non-compete, so he started a mortgage origination company and applied the same System.
- [Bonk: 2002 – LC – GOLDEN WEST FINANCIAL v. WMA MORTGAGE SERVICES – Court: United States District Court, N.D. California, Date published: Mar 12, 2003, Citations No. C 02-05727 CRB (N.D. Cal. Mar. 12, 2003)
- HGI – Hegemon Group International
- lfs.hgicrusade.net/
- Hubert Humphrey, HGI Founder, Chairman & CEO
- Hubert began his journey during the early days of A.L. Williams, where he began to develop a systematic approach to building distribution through relationship marketing.
- At A.L. Williams, Hubert’s system played a major role in recruiting over 1.5 million associates and revolutionized the way insurance was sold.
- A.L. Williams
- World Marketing Alliance
- Products – Insurance and Annuity Products with Living Benefits*
- Indexed Universal Life
- Term Life
- Guaranteed Issue Life
- Indexed Annuities
- Guaranteed Universal Life
- Final Expense Life
- Fixed Annuities
- Final Expense
- Hubert Humphrey, HGI Founder, Chairman & CEO
- hgicrusade.com/
- Flyer – 8p
- 1989 – Book – The Magic of Compound Recruiting: The Secrets of Building a Super Hierarchy, by Hubert H. Humphrey – 83p
- 2000 0501 – CNN – Hubert The Great Hubert Humphrey wants to sell Middle America loads of gimmicky, high-cost investments through an army of part-time brokers. The scary part: It’s working. (MONEY Magazine), By Amy Feldman and Pat Regnier – [link]
- 2015 0728 – behindmlm.com – Hegemon Group International Review: Insurance and ??? – [Hubert Humphrey – HGI] – [link]
2023 1124 – The And Asset – The Dark Side of MLM Life Insurance Companies Revealed! PHP, WFG, & More! – [Dominic Rufran] – [VIDEO-youTube-16:43]
2023 1124 – The And Asset – The Dark Side of MLM Life Insurance Companies Revealed! PHP, WFG, & More! – [Dominic Rufran]
- 2023 1124 – The And Asset – The Dark Side of MLM Life Insurance Companies Revealed! PHP, WFG, & More! – [Dominic Rufran] — [BonkNote] — [VIDEO-YouTube-16:43]
- Clip – 2023 – Infiltrating a Pyramid Scam: Primerica by AlwaysMarco – [VIDEO-YouTube-42:34]
- Patrick Bet-David, Ed Mylett, Marshall Fauk-TransAmerica
- 1 – WFG Website page – Is WFG a Legitimate Business? – [link]
- 1- Dom’s Story – NFL, MLMs, Cult, Who doesn’t want to be part of a cult?, Joined,
- 03:45 – Part 3 – The Dangers of PHP Agency, World Financial Group and Primerica
- I told myself I would never join an MLM again. – World Financial Group – I said Yes.
- Bernie Madoff
- skit
- 07:30 – Clip – Patrick Bet-David – <WishList>
- 2021 0422 – Coffeezilla / The High Vibration Congregation – Confronting Patrick Bet-David LIVE – PBD – [PHP – People Helping People — [BonkNote] — [VIDEO-YouTube-03:01:51]
- 9 – Two things that can destroy any relationship. Unrealistic expectations and poor communications – People don’t like to be mislead – If one thing is shared but they experience something completely different they feel scammed, bamboozled, embarrassed or mistreated.
- 09:30 – Rogue Agents – WFG
- 2021 0422 – Coffeezilla / The High Vibration Congregation – Confronting Patrick Bet-David LIVE – PBD – [PHP – People Helping People — [BonkNote] — [VIDEO-YouTube-03:01:51]
- 10 – Part 4 – The Growing Problem in the Life Insurance Industry –
- 10 – Infinite Banking Concept – Getting a bad rap right now, TikTok
- 11 – Caleb and Chris Kirkpatrick – Caleb – There are a lot of experienced people who don’t know anything about Life Insurance. How in the world are you getting people of the street and they are able to do this?
- 200,000 agents between PHP, WFG and Primerica
- 11- – recruiting heavy, WFG – IUL, Management on the backend, most advanced product in the market, insurance gets a bad rap – need to understand how money works – Financial education – Alarming – scary
- Clip – Primerica Agent – Source-?
- 13 – Primerica – BTID – They don’t understand the products, they love Dave Ramsey
- – most people get burned, friends and family, agent failure, renewals, upline, 90% lose money and call it a scam, compensation levels low, 30-50% MLMs vs 100% directly at carrier
- – Just share the facts, Good vs Bad apples, friends and family will judge you for being part of a pyramid scheme… but maybe
- 15 – Clip – 2023 – Infiltrating a Pyramid Scam: Primerica by AlwaysMarco – [VIDEO-YouTube-42:34]
- Gary Kornegay – I can’t tell you who I work with
- Whether positive or negative it’s important that people know what they are getting into
2023 0322 – Always Marco – I FINALLY Found WFG’s Earnings Disclosure
2023 0322 – Always Marco – I FINALLY Found WFG’s Earnings Disclosure –
- 2023 0322 – Always Marco – I FINALLY Found WFG’s Earnings Disclosure — [BonkNote] — [VIDEO-YouTube-02:29:38]
- 13 – Turned down 3k sponsorship for the Primerica Video
- 17 – James Janney, CoffeeZilla – Most Viewed anti-mlm
- 17 – WFG (Part 3) – Got taken down – Probably Greg Stry
- 24 – 2021 0225 – LIFE180 (Chris Kirkpatrick) – World Financial Group (WFG) Compensation Plan Analysis | Don’t Sign Up Til You Watch This – [VIDEO-YouTube-28:29]
- 05:25 – North American Salary & Earnings Average and Highest
- 2018 – WFG – U.S. Compensation & Advancement Guidelines, World Financial Group – 12p
- – WFG – Systems Manual –
- 44 – Nothing about Life Insurance
- [Bonk: Connect:
- 2023 0415 – AlwaysMarco – WFG Is In Trouble — [BonkNote] — [VIDEO-YouTube]
- 1993 0525 – GOV (Senate) – When Will Policyholders Be Given The Truth About Life Insurance?, Howard Metzenbaum (D-OH) — [BonkNote]
- Jerry Keating, Agent – John Hancock
- (p18) – The home office people who came to the Sioux City, lA, office said: Don’t try to become a Ph.D. in variable life insurance; just learn enough to sell it and go.
- This is what they told the whole office, and this was how I trained any new men that I hired:
- Just sell it; do not worry about it.
- Just before I got sick in 1990, the company seemed to change.
- They started telling us about the risks.
- This statement is only the tip of the problem.
- There are hundred and hundreds more.
- And, Senator Metzenbaum, I would like to tell you, sir, if you do not get the Government to do something about this, you haven’t seen nothing yet.
- (p18) – The home office people who came to the Sioux City, lA, office said: Don’t try to become a Ph.D. in variable life insurance; just learn enough to sell it and go.
- Jerry Keating, Agent – John Hancock
- 1994 – SOA – Problems and Solutions for Product Illustrations, Society of Actuaries – 28p
- Robert E. Wilcox, Utah Insurance Commissioner and Chairman of the Life Disclosure Working Group (NAIC)
- Second, it was observed that ….. there is virtually no accountability for any of the participants in the sale ..not for the company, not for the agent, and interestingly, the white paper discussed accountability on the part of the purchaser as well.
- Robert E. Wilcox, Utah Insurance Commissioner and Chairman of the Life Disclosure Working Group (NAIC)
- [Bonk: Connect:
- 01″11″00 – Long – he flopped – not a mlm –
- WFG Trainers Manual – 41p
- 15 – BPM INVITE SCRIPT
- WFG Trainers Manual – 41p
- 01:28:00 –
- 01:31:00 – Eric Olson
- 01:35:00 – the only way
- – nobody understands forex
- 01:37:00 – 5 years = dead
- 1:41:00 –
- 01:45:00 – Greg Stry –
- 01:55:00 – passive income… not
- 01:57:00 – vulnerable people,
- 02:01:00 – insurance licensng test
- 02:03:00 – Anybody can do it, scam
- 02:10:00 – people are too stupid
- 02:13:00 –
- 02:19:00 – mental toughness
- 02:20:00 – professional liars
- 02:22:00 –
- 02:24:00 –
- 02:25:00 –