you can see add online where a guy boasts he can help you make $28000 dollars per week. Notify me of followup comments via e-mail. Premier Financial Alliance agents are paid variable commissions from the insurance carriers based on the type of product, amount of coverage, and other factors such as the age and health of the customer. At Premier Financial Credit Union you are more than a number, you own the place! ", Premier Financial Alliance, Inc1300 Peachtree Industrial Blvd, Suite 4210Suwanee, GA 30024. He didnt go in much detail other than to check out their product and give him an opinion on it. All it says is that they are selling your dream but if I know, this is a way to attract people. ", "You're never too young for life insurance. 800-480-5005 Fax 402-423-5102, | For Agent/Broker Use Only | Copyright 2023 Premier Financial, Inc. | Powered by. Even on their website, its hard to find what theyre really about because they emphasize the opportunity more than anything else. January 12, 2022. 1st client get 30% commission. Thus, as explicitly stated in a training presentation that Defendant Lan Zhang delivered to Premier Financial Alliance associates, Recruiting is the game96% of sales derive from selling the Living IUL policy downline. And obviously you won't get any results that way will you? The Premier Financial Alliance reviews show hundreds of satisfied clients and employees who are on the receiving end of remarkable success from the company. with complete knowledge that the Defendants have violated Department of Insurance Guidelines and the anti-pyramid laws, but aided and abetted the conduct of Nationals co-defendants. BehindMLMreviewed Premier Financial Alliancein 2016. I'm looking for navy seal mentality and I will spend time making them better and cutting loose time wasters and excuse makers. If they are scam, both company will be shut down by government and insurance industry already. I think people who have shit to say about mlm don't know shit because they dont work in the company. Haley Piper. Premier Financial Credit Union Mobile Logo. I know most people are confused about how it really works and thats okay. While insurance is essential and I strongly agree with having this, one of the most important things you have to take note of is the insurance company itself. For over three decades, Premier Financial Alliance has been the foremost leader in providing the necessary tools that clients from all around the world have been looking for. Their sole focus is promoting their opportunity, and that is to make money by becoming their agent. This is a help forum - bad advice will get you banned, and we do not consider "just joking" to be a defense of advice that would be harmful if followed. Lets say the compensation was attractive but whats the truth in all this? Financial Services. It wouldn't hurt to make extra money right? Living Life is a permanent life insurance product which combines pure insurance protection with cash value accumulation, issued by Life Insurance Company of the Southwest, a member company of National Life Group. Thank you! Under PFAs compensation plan, a victim only gains a rank by recruiting people into the business opportunity. Membership Join the Credit Union! $125 is a one time fee for website up keep since you will be using it often for business. Founders David Carroll. document.write(theYear); Legal Last Name * According to government-issued identification documentation. They get paid by insurance companies by educating the . The June 25th class-action lawsuit was filed by Plaintiffs Rui Chen and Wenjian Gozales in California. To learn more about Premier Financial Alliance and how they can better help you to reach your financial goals, be sure to follow the blog and check out the website. if (theYear < 1900) { Other drawbacks are more than enough to tell you to ditch this company and look for a better option instead. Our product and platform create an opportunity for financial services professionals to grow their own business with very little startup costs. This is my experience and I hope you got some thing out of it! Post your questions here and have them answered by people who are knowledgeable about all types of scams. Founded in, 2021 headquarterlocation.com. You don't know what you are talking about. With respect to the previously referenced parallel fraud case, a similar December 19th order denies arbitration and venue transfer too. Chen joined Premier Financial Alliance in 2017 and Gonzales in late 2017 or early 2018. There are fees that you need to settle to become a licensed one and more or less, you need to pay $100 to $200 for this. Switching over to the 2019 case, the motion to compel arbitration that stayed the 2018 case was filed by Premier Financial Alliance on May 28th. Suite 289. Phone number *. failure to submit sufficient evidence that plaintiffs affirmatively agreed to the terms of the Premier Financial Alliance Associate Marketing Agreement (AMA) by clicking a box in an online registration form. And as there are those who are continuing to doubt (which I did for 2 years) I am making a handsome amount of money and also being able to have financial protection for my family. 132 were here. Beneficial Ways To Diversify Your Investment Portfolio, How To Increase Job Satisfaction in the Workplace, 5 Strategies for Creating a Memorable Business Card. Thank you! A recently filed RICO class-action lawsuit alleges Premier Financial Alliance is a particularly egregious classic pyramid scheme. Apple, Google, Tesla get lawsuit everyday as the company get bigger. Premier Financial Credit Union. The one that make the American Dream come true are the one's that grind and hustle. Premier Financial Alliance Reviews a Checklist to Prepare Your Family for Unexpected Life Events, Premier Financial Alliance Compiles Easy Money Saving Tips for Young Professionals. From our products and services to all the good we do in our communities. Chen joined Premier Financial Alliance in 2017 and Gonzales in late 2017 or early 2018. On January 22nd, 2019, the court denied both motions. PFA and WFG does not make money of recruiting people. C2820332, that currently does business at 8000 Marina Blvd., Ste. The culture, organization, and leadership are great. ChromeFirefoxEdge. Internet Explorer 11 is outdated. If financial freedom means free of finances, then you are well on your way. That being said, its important to do a background check before joining a program; let alone buying a product or service to avoid being scammed. This tax season with discounts on tax solutions that save you money, time and stress. As I learned more about the product, I see HUGE companies like World Financial Group, AIG, etc. If so, seeing how it sounds like he was still alive, he might have sold the insurance (at a large loss), using the remaining money for his urgent bills, and now have no insurance any more. Something went wrong while submitting the form. No compensation plan. AmeriPlan, Symmetry Financial Group, and PHP Agency -- these are just some of the insurance companies weve reviewed on our website and honestly, while they promote the same products and follow the same business structure, not all are created equal. There were a couple companies that I was also invited to due to a friend and a family friend, but I didnt bother joining as I wasnt that interested at the time. Learn More . In fact, these two companies are growing each year without any illegal problem. The decision to deny reconsideration was based on PFAs. Explore the opportunity to leverage your talents and abilities so you can begin building your own successful financial services business today. PFA has collaborated with the nations largest insurance companies to sell life and annuity products to the general population. By way of only those at the top of an autoship recruitment pyramid making money, certainly the model is impossible to work for most participants. To earn any commissions or financial rewards in PFA, one has to recruit and cause to be signed up, six persons, and obtain a license to sell insurance under applicable State Law. To make money in PFA and WFG, it requires hard work and servant mentality. Here is a Blueprintto Owing Highly Profitable Online Business Without Any Experience REVEALED! Accordingly, a yet to be ruled on motion for an Entry of Default was filed on August 24th. Dont get me wrong, my friend is actually really nice and I've known him since we were in elementary school and all the people he introduced me to in the company seemed really nice and supportive. Life Insurance. However, this is not the case with Premier Financial Alliance. The best way to know is have your friend explain to you how PFA make money. Honestly, I dont see anything to like about Premier Financial Alliance. The Premier Financial Alliance Lawsuit. Ask about our exclusive product that offers the potential for a higher guaranteed lifetime income than a traditional fixed annuity. Honolulu, HI 96819-1826. Plaintiffs Gonzales and Chen have opposed the motion, and a hearing to decide the matter has been scheduled for July 19th. Both claim to have been deceived into believing PFA was a legitimate way to make money. We believe life insurance should benefit you while you're alive - not just in death. in Life Insurance, Auto Insurance, Home & Rental . Premier Financial Alliance affiliates are promised. The problem with most people now days, they want easy money while being lazy. Now, another insurance organization named Premier Financial Alliance is claiming to "protect the dreams of Middle America" while offering an opportunity to make money. The trick to MLM is to sign up underlings that can pay the fee. Sadly, the more I googled up searches for PFA the more I see that almost every page mentioning it is linked with a pyramid scheme, a class action lawsuit, and it being a MLM. However, if I were to choose an insurance company that Ill become an affiliate with, PFA will not be on my list. Need Assistance? They are a MLM (Multi level marketing) bassically if you joined to make money then you just lost your money because it is highly unlikely that you will ever make it back. Recruitment is wrong for many reasons. It is been in news a lot especially in Nepali and Bhutanese immigrant forums. Create an account to follow your favorite communities and start taking part in conversations. However, the presentation did bring up a couple of interesting points in terms of life insurance and a retirement plan. You get set up with a trainer, get a product and compliance education, and learning the turn key system. Permanent life insurance protection with a cash value component. That was the first red flag but I was bored and curious. Premier Financial Alliance is an innovative Independent Marketing Organization (IMO) that helps you achieve financial freedom through starting your own business and giving you a proven roadmap to success. Once they pay the $125 membership fee and buy the . Now, another insurance organization named Premier Financial Alliance is claiming to protect the dreams of Middle America while offering an opportunity to make money. Plaintiffs Gonzales and Chen are seeking to represent a class of similarly situated Premier Financial Alliance victims, of whom they estimate there are over 25,000. Lan Zhang appears to be a top Premier Financial Alliance affiliate. You can also subscribe without commenting. ", "Before, Iwas making money. Someone reached out to me on Instagram recently. Legal First Name * According to government-issued identification documentation. The most damning allegations in the new 2019 lawsuit are the targeting of Asian immigrants, and claim that 95% of sales within Premier Financial Alliance are affiliate purchases. Founded Date 2003. Btw I just join couple a week ago, after I made payment $ 125, money no refundnable. Download the Mobile App. The same day the cases were consolidated, Girard Sharp LLP was appointed Interim Class Counsel. It wasnt until I saw their recruitment strategy plan and their membership fee is when I started having my doubts raised. Post your questions here and have them answered by people who are knowledgeable about all types of scams. Disclaimer | For Agent/Broker Use Only | Copyright 2023 Premier Financial, Inc. | Powered by iPipeline, 5955 S. 56th Street, Suite 2, Lincoln, NE 68516 Ph: 402-423-5002 Ph. If yes, then you should join our top-recommended program. Are you making money by recruiting people to sell whatever it is they're selling? The best business tools and support you need. Premier Financial Alliance sells financial products, such as life and annuity insurance. But in PFA, it's possible., PFA presented an opportunity to really build an incredible business., The extra money has helped me a lot with my charity and passion for helping other people., "PFA is a place where average and ordinary people can do extraordinary things. PFA swag bag and shirt. That could be problematic because more or less, they will do their best to persuade you in joining the program. I hope you enjoyed my Premier Financial Alliance review. Tickets purchased by May 31, 2022. Disrupting the financial services industry. Founded by David Carroll (whos also the CEO of the brand), Premier Financial Alliance was established in 2003, providing financial solutions. After the presentation was over, I met up with my friend and asked me if I liked the product and if I was interested in joining him. Death is not required to gain protection from this type of insurance. Press J to jump to the feed. Welcome to My Premier Financial Alliance Review! Premier Financial Alliance has some tips to keep you on the right track to make 2021 the best year yet! We are a Insurance Broker representing over 50 carriers. People from all walks of life, from all around the world, have experienced tremendous success and results from the solutions that Premier Financial Alliance provides. Call us at (920) 898-4232. J ack Wu (JW) currently serves as an Executive Chairman of Premier Financial Alliance (PFA) Inc. (A nation-wide financial marketing company). In addition, the PFA agents receive a commission when they recruit a new affiliate. Our associates are supported by a first-class team that is as passionate as you are. But what if you could turn that idea into your reality? I would suggest to you vadude1, to give this a try. Has this product worked with anyone? Their . Annuities, Life Insurance, Long Term Care Coverage, Income Protection, Medicare Supplements and more. That's not really a success story. I.e. Premier Financial Alliance, Inc. (PFA) purports to offer insurance policies to the general public, but the complaint for this class action alleges that its marketing materials speak primarily about the recruitment of other sales people and not about selling the actual product. So I dont know if this is all just rival life insurance companies trying to tarnish the PFA name or whether the company itself is really just another MLM scam. PFA is broker for Life Insurance Companies. As one of their largest distribution partners, we continue to work hard to protect families and bring peace of mind to everyone we touch. She used that money to pay for her treatments. If you have fallen for a scam, you can post your experience here to warn others. While they are too focused on promoting the opportunity, they forgot about one of the most important things when talking about a business. Perhaps, this is a strategy so interested individuals will reach out to them directly in person. January 12, 2022. Because the Living Life IUL policies are far more expensive than National Life Groups non-Premier Financial Alliance policy alternatives, Premier Financial Alliance agents are unable to sell these Living Life IUL policies outside of the Premier Financial Alliance pyramid. I joined Vasiliy as a writer for Best Lifetime Income blog. For over three decades, Premier Financial Alliance has been the foremost leader in providing the necessary tools that clients from all around the world have been looking for. This was again based on a clause in the AMA, which lead to it being denied for the same reason as arbitration. Premier Financial Alliance (PFA) SEAL Team, is one of the few independent marketing organizations of its kind in the industry today - a team of elite professionals dedicated to serving . Other than to premier financial alliance out their product and platform create an account to follow favorite. Choose an insurance company that Ill become an affiliate with, PFA not... With very little startup costs the business opportunity 're selling you will premier financial alliance. A first-class team that is to make extra money right about the product, see. 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