World Financial Group Reviews | Glassdoor.ca

World Financial Group Reviews

Updated 9 December, 2018
499 reviews

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3.9
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Joe DiPaola
252 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 10 reviews)

Cons
  • "It's MLM where once you blow through your friends and family it gets a lot slower" (in 33 reviews)

  • "No Base Salary and Specific products" (in 14 reviews)

More Pros and Cons

  1. "Entrepreneur!! Business owner!! Not a J.O.B."

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

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

    Pros

    You get out of it what you put into the business.
    Not a get rich quick scheme like some people think.
    Ability to take back control of your life and your families lives
    Teaches you how to build and maintain a professional business
    Helps build confidence, friendships and self esteem.
    Turns ordinary people into dreamers, believers and leaders
    You work for yourself and the only person that determines your successes or failures is yourself
    Requires very little capital to get started not like other franchise opportunities out there
    Partnered with very reputable companies
    Very well compensated for your time you put in(unlimited capital potential)
    So, so many more pros to mention

    Cons

    Requires commitment and getting out of your comfort zone
    Yes, it takes work, but by following the business plan format they provide and mentoring anyone can become successful
    Does not give you the " set" paycheque of a normal job so no paycheque unless you work
    Not for everyone

    Advice to Management

    Keep doing what you are doing! The future of the insurance business.


  2. "Decent"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at World Financial Group full-time

    Pros

    Self development and networking opportunities

    Cons

    Extremely hard to make good money in an MLM these days

    Advice to Management

    Little less focus on the hoo-rah and more on what ww do for our clientelle

  3. "Awesome 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 part-time

    Pros

    This company is truley amazing. They are hoping to bring knowledge to all consumers as opposed to the 1% wealthy. Canada and the US have a massive amount of people retiring below the poverty line. This company is focused in educating and giving the consumer all options available to them and letting them pick what will suit their family best.

    I know it shows up as a multi level marketing company but in reality its not the same thing at all. Its more of a royalty program. And if you think about it real estate should be called an MLM too.. or any business for that matter. I am sure the CEO, managers and supervisors of any company are going to make more money than someone working at the front desk. Its just reality.

    Cons

    No cons. Any career you work in is going to take work.. I dont know my people think it's a con


  4. Helpful (2)

    "Amazing company"

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

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

    Pros

    When I met WFG I was struggling financially, the advisor I met with put a sound plan in place and helped me get out of debt, after being a Client for 2 years the economy took a downturn and my wages were cut. I started working as a broker with WFG part time to supplement my income. Again the company helped me from bankruptcy and possibly losing my home. Fast forward 2 years I have left my job and gone Full time with WFG, enjoying financial Freedom, and helping my friends and family get in a better financial shape.

    Cons

    There are a lot of negative people out there who spread misinformation. If you want to know the truth. Stop by one of the many offices in North America and attend the open house.


  5. "Dynamic Environment"

    StarStarStarStarStar
    • Work/Life Balance
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook

    I have been working at World Financial Group part-time

    Pros

    Very active environment, persuading the new people to take action

    Cons

    Recruit has a large weight in progressing in the business


  6. "Love this company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Sales Manager (SMD) in Toronto, ON
    Current Employee - Sales Manager (SMD) in Toronto, ON
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at World Financial Group part-time (More than 5 years)

    Pros

    the compensation
    the leadership and mentor-ship
    amazing compensation
    perfect proven system
    growth environment
    this company is amazing, it is perfect for people who are looking for a professional career in one of the highest paying industries. by bringing value to people's lives you can make decent money. you can easily replace your full time income being part time. also perfect for someone who is looking for a serious business long term.

    Cons

    like any other business, you need to put time and effort
    not for lazy people
    you got to work on your self , personal development.
    wont work with an employee mindset.
    you need to work hard, be committed and have discipline


  7. "Gain Knowledge and help Family's to reach their goals through financial Independence"

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

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

    Pros

    Gaining Knowledge, Building healthy relationship and if we value our own business it give back to you.

    Cons

    We have to be masters tn the products and knowledge to help others on their financial planing.

    Advice to Management

    Provide more training and vision to newly joined Associates

  8. "Why to join WFG"

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

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

    Pros

    Like any other proffession you have to gain knowledge of the business.
    1. It's good for personal life as you are knowledgeable in how to manage your funds & secure future of your family.
    2. Spare your knowledge with your friend. He might become your client. Show him how to make extra money.
    3. On salary you only pay your bills.

    Cons

    You will have to sacrifice some of your time.

    Advice to Management

    Keep it up. Good job.


  9. "Financial agent"

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

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

    Pros

    Great people, Great training overall Great environment to work in a nd build a business for a fraction of starting your own Financial business

    Cons

    Too far for a part time office


  10. "Different Offices Different Cultures"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in Port Moody, BC
    Current Employee - Associate in Port Moody, BC
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    There are many great things in this business that you can learn to implement in your life, relationships, and business even if you don't continue this business. Most of the pros and facts are said in the book by Steve Siebold "The Truth About World Financial Group Unauthorized."

    Cons

    Each office can do anything that they want as long as no one reports them or they do something against the law. I have experienced 2 offices that do unethical things and of course a company this big can't micromanage but they can place certain rules and regulations to stop unethical activity in the offices.

    Advice to Management

    Improving the company communication and quality check of individual offices would greatly impact the growth of the company.