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what are the benefits of using the services of world financial group?
this seems to be a very big financial corporation but i know nothing about it other than it is part of aegon.
5 Answers
- ieguyLv 51 decade agoFavorite Answer
I'm presuming your question relates to sitting with a WFG agent and using their expertise. One of the main benefits is that WFG and its agents will speak with you. Many of the more traditional companies won't even sit with you unless you fit into their market.
As a school teacher some six years back, I was given the bum's rush out of a traditional broker-dealer when they found that the three hundred I'd called in and said I wanted to invest each month was "merely dollars" and not "thousands of dollars". The guy told me that to sit with him for the hour would cost me $1500 or so just for him to try to put a plan together for me. He also told me that he preferred not working with those who had "less than $10,000 liquid capital a month."
Other companies charge less for their consultation, but none that I know of other than WFG and, perhaps, Primerica, charge nothing to you to get the information you need to make intelligent decisions.
I know for a fact that WFG has access to a good chunk of what's out there and that they broker a lot of what any other company does as well.
- Anonymous1 decade ago
World Financial Group
Type Subsidiary
Founded 2001 (under AEGON ownership)
Headquarters 11315 Johns Creek Parkway
Duluth, Georgia 30097-1517
Industry Financial Services
Products Life Insurance
Variable Universal Life Insurance
Mutual Funds
Annuities
Parent AEGON
Website www.worldfinancialgroup.com
World Financial Group (WFG) is a financial services marketing organization based in Duluth, Georgia, USA. WFG markets various investment, insurance, and mortgage products through its network of associates in the United States of America, and Canada. WFG is a wholly owned subsidiary of The AEGON Group.[1]
In the United States of America WFG's insurance and mortgage lines of business are managed directly by WFG, while its investment lines of business are managed by its affiliate broker-dealer World Group Securities, Inc. WFG's American head office is located in Duluth, Georgia.
In Canada, WFG's insurance lines of business are managed by its provincially regulated subsidiary managing general agent World Financial Group Insurance Agency of Canada Inc.; while its investment lines of business are managed by its subsidiary WFG Securities of Canada, Inc., which is a member of the Investment Funds Institute of Canada and the Mutual Fund Dealers Association of Canada.[2] WFG's Canadian head office is located in Vaughan, Ontario.
In NASCAR, World Financial Group is a major sponsor of Roush Fenway Racing, sponsoring Carl Edwards's ride part-time on the #60 Ford in the Busch Series and the #99 Ford in the NEXTEL Cup Series.[3]
Recently, World Financial Group has also created and partnered up with Investment Advisors International (IAI), a co-owned Registered Investment Advisory firm to give clients fee-based actively managed accounts by third-party money managers. IAI has agreements with some of the nation's top Investment Advisory firms such as Hanlon Investments, Foxhall Capital Management, Curian Capital, CLS Investment Firm, LLC, The Institute for Wealth Management, etc. RIAs typically required large sums of available assets (usually six-figures) to open these types of accounts. However, due to WFG's aggressive marketing to the middle-income population, WFG requires an initial deposit of only $30,000 to gain access to their actively managed funds.
Source(s): wikipedia - 1 decade ago
world financial group is an investment company.
The agent will sit down with you to help you guide a saving, life insurance planning. The company is also FDIC insure, but to join I have pay $100 for a background check, $150 for pre-certificate, about $76 for fingerprint, and to take your test you need to pay $100 something.
- ?Lv 47 years ago
The world financial group is a financial service of marketing organisation. It give the franchising, referral marketing, business models etc benefits. More detail - http://www.usignp.info/2013/03/www-manulife-ca-fin...
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