World Financial Group Reviews | Glassdoor.ca

World Financial Group Reviews

Updated 15 July, 2018
453 reviews

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3.8
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Joe DiPaola
224 Ratings

453 Employee Reviews

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Pros
  • "If you put in the work you will definitely make a lot of money" (in 13 reviews)

  • "You will learn a lot about personal finances, investments" (in 9 reviews)

Cons
  • "Most people fail because they doubt themselves, listen to broke friends and family as well as do not run the system properly" (in 31 reviews)

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

More Pros and Cons

  1. "Awesomeness"

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

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

    Pros

    Taking control of your life, time, money.
    Teaching you everything to be successful through hands on training.
    Motivating, encouring, praising you always for every bit of effort.
    Getting paid what your worth.. Not what someone thinks you're worth.

    Cons

    Yourself... get out of your head.. stop thinking it's hard... making a call to save a family financially isn't hard... watching someone you love die and then not having money for a funeral is hard... going to work every day busting your was for a company who doesn't appreciate you, under pays you, and tells you when you can take time off and if you can is hard!

    Advice to Management

    If you quit because you were 'unsuccessful then you didn't see the value... it's not the company... it's you.


  2. "Good opportunity for not everyone"

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

    I have been working at World Financial Group part-time

    Pros

    Being knowledgeable
    Self development
    Business mindset

    Cons

    It will take time
    Not for everyone
    Patience

    Advice to Management

    I am working as a part timer, so far I’ve learned a lot . There are lots of things to say , and I agree they hire everyone one, but the good thing about it that it gives opportunity for everyone who have business mindset not an employee mindset. Everyone can be hired but as they go forward they understand that it is not for them ,because they don’t see them self as a business owner, because they’ve been relied on someone else to tell them what to do , so they quit.
    The common excuse is it is an scam . Well I think every company who hires people to work for them is an scam , not owning you own business.
    I am really proud of being part of world financial group because I am helping families to protect their income ,to retire safe , to be financially independent.
    Yes it is not for everyone, it is for those who really work hard and have patience.

  3. "Great place to work"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at World Financial Group full-time

    Pros

    Great people to work with

    Cons

    Yet to see a con


  4. Helpful (1)

    "Associate"

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

    I worked at World Financial Group full-time

    Pros

    Building a Network within the firm and with product providers
    Free Food from Product Provider Representatives
    Work towards getting licensed; costs not covered

    Cons

    Limited knowledge and experience from individuals training
    Multi Level Marketing mixed with a top down pyramid structure
    Fully Commission Based; Family and Friends are exploited first
    You must pay fees to join the firm; huge red flag in the financial industry
    The Executives give themselves big titles that have changed throughout the years and often portray themselves as living exuberant lives on social media and to sell the dream to others
    Turnover Rate is so high, that they rely on newcomers, immigrants, and uneducated, unemployed individuals to exploit


  5. "Great business opportunity"

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

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

    Pros

    You don’t need experience or knowledge to work with WORLD FINANCIAL GROUP, they just see whether you have the desire to do something different in life.
    You make your own schedule
    You control you pay cheque
    No pressure of hitting quota
    Helping families with money and finance
    Before I started I told my trainer I want to be in this business if it’s ethical and clean. Been in the business full time for 2 years now.

    Cons

    Investing time in people, not money
    New business partners get demotivated when family member does there own research online but doesn’t know anything about business yet stops the new business partner who has so much potential from doing business


  6. "It's a people business"

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

    I have been working at World Financial Group full-time (More than 3 years)

    Pros

    The income potential is unlimited, we have the choice to grow our businesses as big or small as we want. Personal development is a true focus - the trainers and leaders are so supportive and always recognizing efforts and growth. We work for ourselves so we have flexibility of time and schedule. We help families, we educate, we provide service to segments of the population that aren't receiving access or education.

    Cons

    It's hard work...I can't lie about this one. But the upside is we get out of it exactly what we put in to it - I have never had that in a "normal" job before.

    Also, every different office is run mostly independently - this means that the training, mentorship and leadership you experience will be different. It's something to look at when considering different offices and mentors.


  7. "Best company I have worked WITH"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in Calgary, AB
    Current Employee - Associate in Calgary, AB
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    atmosphere is surreal, everybody wants you to win and the amount of help from all areas of the office is outstanding.

    Cons

    It's hard work, and you have to put the time in.

    Advice to Management

    Keep doing what you are doing to support your respective teams.

  8. Helpful (4)

    "Khalsa Office, Mississauga"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    I am writing here to fill the space

    Cons

    Focus on recruiting only, pushing UL which they make money on, claim to be financial advisors although they only sell one product 95% of the time.


  9. "World financial group help people"

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

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

    Pros

    Increase your income
    Reach mass amount of people with financial products

    Cons

    Effort
    Time
    Positivity
    Glass door asks for minimum 5 words for cons.

    Advice to Management

    Great company. Keep up the good work.


  10. Helpful (5)

    "Associate"

    StarStarStarStarStar
    • Culture & Values
    Current Employee - Associate in Brampton, ON
    Current Employee - Associate in Brampton, ON
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    No pros at all, have been kept in the dark right from the start with WFG Canada and now its time to break my silence.

    Cons

    WFG CANADA will ruin your relation with family and friends forever by selling them unwanted policies , dont make the mistake of giving your contacts to WFG CANADA. They will ask you to give them the phone numbers of the people you know and then they will scam them by making you the scapegoat first. No transparency in this business at all.They will also ask you to give your credit card details as well which is very risky as they record the credit card info on paper and store it in a file. The chances of your credit being ruined for life by a bunch of incompetent people is pretty high here.

    HUNTING STRATEGY OF WFG CANADA - They will try to befriend you first by joining social networking groups and attending social events and also eye on students and immigrants who are looking for better opportunities. They usually flaunt their FAKE lifestyle and tell a bunch of lies to hook you in.

    Advice to Management

    Take control of the things going on in WFG CANADA (195 Walker Dr, Brampton, ON L6T 3Z9) before its too late.


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