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Lifetime Financial Growth

Is this your company?

Full of lies and lazy people - Financial Advisor Lifetime Financial Growth Employee Review

1.0
Aug 11, 2020
Recommend
CEO approval
Business outlook

Pros

Great pay, if you work your tail off, and are good at figuring out how to sell life insurance with no help.

Cons

Management: Too many cooks in the kitchen and they cant make a decision to save their lives. There are so many people with titles yet no power. The ones that act like they have power actually don't, and the people with real power aren't even in the office, let alone in the same state. One of the managing directors had his book of business handed to him, and has never sold what you're selling, yet they'll convince you this is the best thing for the clients. They have only ever been in management so its hard to tell you how to sell. Then when you start becoming successful, they convince you that partnering with other reps and spreading or sharing your business is better for you. Makes very little sense. Upper Management: Old and out of touch with reality. Its a good ole boys club of old men in their 60-70s. The executive leadership team doesn't have anyone on it below age 50. All of your ideas are garbage and their answer to everything is, 'this is the way we've always done it'. If you want innovative and fresh thinking this isn't the place to work Compliance: It's an absolute nightmare. They spend most of their time telling you how you need to sell this and that, yet every where you turn there is a roadblock. They are very unclear with what you can and cannot do. Then when you do anything its considered wrong, illegal, or unethical. Basically you are allowed a carrier specific marketing piece that doesn't help you sell what you're selling and often times confuses prospective clients. Investments: The local specialist doesnt know what they're doing. They stick every client in cookie cutter mutual fund/ETF portfolios. I don't even think they know what an SMA or UMA is. The parent life insurance company isn't investing in their field force like they used to. Their technology is terrible, outdated, and nothing like the rest of the industry. All in all not a great place to work.

Explore other reviews about Lifetime Financial Growth

5.0
Sep 24, 2025
Recommend
CEO approval
Business outlook

Pros

- Team environment - Growth opportunities - Career development - Mentorship - Great leadership

Cons

- Pay is low in first years - Need to be able to see big picture - All on yourself

1.0
Jun 5, 2025
Recommend
CEO approval
Business outlook

Pros

Pretty minimal. The underlying insurance company, Guardian, has really good life insurance products - that's about the only true positive. They offer health insurance, but it's super expensive and you can get it for a better price on the open market through the ACA and open enrollment. They also offer a salary, but they won't pay you much more than your renewals and they will turn off your salary any chance they get, it's not really worth anything because it's a draw that cuts out if you fall so much as $3k behind. They basically offer a $3k line of credit.

Cons

I'd be very cautious about signing the FR contract. The FR contract allows them to keep your renewals if they terminate it and you would be far better off just going with a broker contract. The training they offer doesn't produce successful agents either. I have a successful advisory practice that I just moved into an independent broker-dealer and still didn't meet their contracts terms. They don't count any securities business toward your FR contract and the underwriting on their disability insurance makes it really prohibitive. So, unless you plan on selling an insane amount of whole life insurance, don't plan on meeting the contract minimums. They love pitching themselves as a firm that "does it all," but it's really all about the whole life sales. Remember, whatever you do sell, they are going to keep the renewals even if they keep you on as a broker. My advice is to build your practice somewhere else.

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