World Financial Group Reviews | Glassdoor.ca

World Financial Group Reviews

Updated 14 February, 2019
533 reviews

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4.0
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Joe DiPaola
277 Ratings

Employee Reviews

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Pros
  • "If you put in the work you will definitely make a lot of money" (in 14 reviews)

  • "I personal learn a lot form WFG" (in 11 reviews)

Cons
More Pros and Cons

  1. "best opportunity to be self employed"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at World Financial Group full-time

    Pros

    Many advantages to building your business on a platform designed for growth

    Cons

    you should be self discipline and very self motivated to succeed


  2. Helpful (1)

    "Not a good fit for me"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate in Mississauga, ON
    Former Employee - Associate in Mississauga, ON
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at World Financial Group part-time (Less than a year)

    Pros

    Good people , friendly environment , ability to work pt to grow your business.

    Cons

    No leads given, low commission at first until you get promoted, hated trying to recruit my friends and strangers.
    I got my license but trainer was not the right fit for for me. I worked 6 months and glad I left to work for another company.

    Advice to Management

    Need to provide more support for new associates but it really depends who you select as your trainer.

  3. Helpful (1)

    "Client for 15 years, Agent for 2 years."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Partner In Training in Edmonton, AB
    Current Employee - Senior Partner In Training in Edmonton, AB
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at World Financial Group part-time (More than a year)

    Pros

    As a client I saw first hand the amazing things WFG did for me and my family. On countless occasions I would speak with friends and family and compare their services to that of what I was doing and they would ALL be amazed at the low cost of my insurance and high returns I was getting for my investments. I had a personal relationship with my Advisor and it felt amazing to actually be involved with my financial plan rather than just a number. Fast forward almost 14 years and I made the transition to agent in preparation for retirement from Law Enforcement. As a police officer, we are very skeptical people, so I did a ton of homework...and NO, not just googling WFG and listening to the "victims" who blame everyone and everything else for their failures. I instead went inside and tried it for myself to see if it was really as good as they said it was.Where else can you start your own company for only $125? Well it wasn't that good...IT WAS AMAZING!!! And still is!! I get to change people's lives in a positive way while still looking after my family financially! For only a few hours a week I have almost replaced my income (and contrary to popular belief, police get paid very well) and have built an amazing team that goes out with me every day and helps people!! I have created an army of financial warriors who love to help people and we enjoy every moment learning from some of the best and brightest in the industry!! This place is an amazing self improvement company with an amazing compensation package....the best in the industry if you want to build a business that pays you passive income for life!!! I could write a book on this but Steve Seibold already did...READ IT!

    Cons

    SEE ABOVE and you haters quit calling WFG a pyramid scheme just because you did not want to put in the time and success tax!. PYRAMID SCHEMES ARE ILLEGAL and we would not be a licensed company if we did illegal things!! ALSO the major multi BILLION dollar banks, investment and insurance companies would not have teams dedicated to our agents if we were a "SCHEME". If you want to throw shade at us, try coming out and making an honest effort into building a business and FOLLOWING the system that has been shown to work.
    There are different personalities in every line of work and sometimes people do not get the mentorship they feel in compatible with them...that does not mean the company is bad!

    Advice to Management

    Keep it up, great leadership, great partnerships and amazing mission!!


  4. "Good place to work at part time."

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at World Financial Group part-time

    Pros

    very flexible working time and professional training provided.

    Cons

    may not suitable to very one.


  5. Helpful (2)

    "Review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate
    Former Employee - Associate
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    I worked at World Financial Group part-time (More than 3 years)

    Pros

    Met great people from different backgrounds- you get to become friends with a lot of them

    Cons

    A disconnect between headquarters in the US and Canada

    Advice to Management

    None as all managers or upper own their own agencies


  6. "Marketing Director"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Marketing Director in Mississauga, ON
    Current Employee - Marketing Director in Mississauga, ON
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at World Financial Group full-time (More than a year)

    Pros

    Financial Freedom, Product Knowledge, Best Training, Bright Future,Personal Growth

    Cons

    Great place to learn


  7. Helpful (1)

    "Be careful which office you involve yourself with"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate in Edmonton, AB
    Former Employee - Associate in Edmonton, AB
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at World Financial Group part-time (More than 3 years)

    Pros

    Made about $10,000/yr part-time
    Business tax deductions

    Cons

    Poor mentoring
    Overpriced fees: Winfund, email, E/o Insurance (almost half the cost when independent), office dues
    There are fees and cost of all the events which can net $0 at the end of the year
    Recruiting prioritized over financial knowledge
    Sexual harassment - denied the option to transfer offices
    Disability discrimination - denied being able to step down a contract to keep clients
    To many "Events" that never discuss the market and financial education
    Main focus is recruiting strategies around the industry

    Advice to Management

    Get an HR department.
    Actually teach the associates about money and investments (not just insurance need), instead of encouraging them to own the products, recruit all their family and friends, then wait for the clients to roll up after the associate leaves.

  8. "Associate"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    Former Employee - Associate
    Former Employee - Associate

    I worked at World Financial Group part-time (Less than a year)

    Pros

    Best Financial advisor career, lucrative pay, tons of opportunities for professional development

    Cons

    Requires dedication to hard work and stress


  9. "Excellent company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at World Financial Group full-time

    Pros

    You get paid what you're worth, if you work hard you will make money with this company. It's that simple. I'm in control of my own time meaning that no one else sets my schedule. They also a lot of personal development, which I think is great!

    Cons

    If you want to make money, you have to work for it. You won't get paid for doing nothing which may be a con for some people


  10. Helpful (1)

    "sales"

    StarStarStarStarStar
    Current Employee - Anonymous Employee in Toronto, ON
    Current Employee - Anonymous Employee in Toronto, ON
    Doesn't Recommend

    I have been working at World Financial Group full-time (Less than a year)

    Pros

    can make money if you work hard

    Cons

    you are not provided with leads.