If you have questions or comments, please feel free to share them below. Your submission has been received! 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. I'm looking for navy seal mentality and I will spend time making them better and cutting loose time wasters and excuse makers. they never personally agreed to PFAs AMA. Its hard, but once you make it, understand it. Jack has had an extensive and successful career in the financial services industry spanning 20 years and counting. Premier Financial Alliance Compensation Plan. ", Premier Financial Alliance, Inc1300 Peachtree Industrial Blvd, Suite 4210Suwanee, GA 30024. Is Premier Financial Alliance a Pyramid Scheme? Headquarters Regions Greater Atlanta Area, East Coast, Southern US. PFA has not persuaded the Court that any other factorscosts of litigation, ease of access to sources of proof, availability of compulsory process as to former employees or associates, etc.would favor transfer to Georgia. they will earn vast wealth, luxury vehicles, and lavish trips when in reality more than 95% of PFA Associates average net losses. Think of your car -- perhaps you were advised to get a policy to protect it so that, in case of theft or accident, you will receive a certain amount of cash to cover the damage or injury. PFA, WFG, Amway they are all big successful company using this system. Optional riders are available that allow you to access a portion of the death benefit while you're alive during qualifying health events. In this company we all help each other. No one makes money until a sell is make. How Much To Join Premier Financial Alliance? Founded in, 2021 headquarterlocation.com. Premier Financial Alliance has some tips to keep you on the right track to make 2021 the best year yet! MLM is legal business system that has been around and proven to be very efficient. 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. However, if I were to choose an insurance company that Ill become an affiliate with, PFA will not be on my list. https://behindmlm.com/companies/premier-financial-alliance-fraud-cases-consolidated/, https://behindmlm.com/companies/premier-financial-alliance-denied-arbitration-and-venue-change/, https://behindmlm.com/companies/new-premier-financial-alliance-lawsuit-claims-asian-immigrants-targeted/, https://www.mitbbs.com/article_t/SanFrancisco/34629529.html, https://behindmlm.com/companies/premier-financial-alliance-classic-pyramid-scheme-lawsuit-filed/, http://www.wenxuecity.com/news/2018/07/25/7469956.html, a 2018 suit filed by Rui Chen and Wenjian Gonzales, alleging, a 2019 suit filed by Youxiang Eileen Wang and Biyun Zong, alleging Premier Financial Alliance. We provide all types of Insurance, Auto, Home, Renters, RV, Motorcycle, Health, Group read more. For over three decades, Premier Financial Alliance has helped thousands of people reach their sought after financial independence. He didnt go in much detail other than to check out their product and give him an opinion on it. 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. I'm a stay-at-home mom always on the lookout for ways on how to make LEGITIMATE money online. if (theYear < 1900) { Apple, Google, Tesla get lawsuit everyday as the company get bigger. Premier Financial Alliance affiliates are promised. Lost Card. If recruitment stops, so does your profit. Theres even a lawsuit filed against them by prosecuting attorneys in June 2018, claiming that the brand has never sold any of their products, in this case, insurance. 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. Post your questions here and have them answered by people who are knowledgeable about all types of scams. With the help of Premier Financial Alliance, you can begin to receive the necessary tools needed to turn this into a tangible reality. According to allegations of an ongoing lawsuit, Premier Financial Alliance earns all of its revenue through recruitment. Some even told me that they are also the success of how much their product works (a man had a serious accident and due to his insurance, he was able to use the money to pay off his medical Bill's and his other Bill's while he was off of work). The company give 30% commision because the money not from them but come from the clients money. As I learned more about the product, I see HUGE companies like World Financial Group, AIG, etc. 155 Kapalulu Place, Honolulu, HI 96819 June 25, 2018. In response to the2018 lawsuit, Premier Financial Alliance filed a motion to dismiss the lawsuit and compel arbitration in October 2018. Equal Housing Opportunity. That's for any industry you go in. 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. 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. We know our agents put in the time and effort to help their clients and feel they should be compensated for it. The importance is, is the lawsuit successfully. I cant stress enough the importance of knowing the details about their compensation plan before going into the opportunity. Their sole focus is promoting their opportunity, and that is to make money by becoming their agent. To make money in PFA and WFG, it requires hard work and servant mentality. Also if you follow their system, you actually get reimbursed what you pay for, which is crazy to me but I appreciate it. This includes the tools you need to grow your business, such as the PFA email system, marketing system, and business monitoring system. 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. In this case, Premier Financial Alliance clearly comes with tons of red flags that cant be simply ignored. Lan Zhang appears to be a top Premier Financial Alliance affiliate. Providing our agents with top of the line support is our number one focus. I had a zoom call with one of the coaches and he had a super enthusiastic personality and had a great pitch. The, Maine Savings is among Maines largest credit unions. To join PFA, you have to pay a non-refundable amount of $125. https://www.facebook.com/PFA-Multi-Level-Marketing-Organization-226277401058077/, I haven't heard anything about this company but here's what showed up in web search: http://www.scam.com/showthread.php?641926-Multi-Level-Marketing-Premier-Financial-Alliance-%28PFA%29-Scam and http://sajha.com/sajha/html/index.cfm?threadid=111838 and http://www.ripoffreport.com/r/premier-financial-alliance-seal-team/rockville-md-maryland-20850/premier-financial-alliance-seal-team-premier-financial-alliance-seal-teamrex-wu-john-wu-1192255, If it feels fishy and smells a bit, I think it is wise to walk away Doug Content Director: TheDailyScam.com. Premier Financial Alliance is an innovative financial planning business that works to help clients and associates create and then actualize their financial goals. 1300 Peachtree Industrial Blvd Ste 4210, Suwanee. 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 . As a new Premier Marketing Associate you will be instructed that the key to attaining success in your business lies in assisting each of your . 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. Career. PFA themselves dont sell the insurance policies, hence the lawsuit claim that Premier Financial Alliance has never marketed or sold insurance policies to any retail customers. 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. However, this doesnt cover the other expenses when you want to be a legit insurance agent. 800-480-5005 Fax 402-423-5102, | For Agent/Broker Use Only | Copyright 2023 Premier Financial, Inc. | Powered by. A different approach: Life insurance you don't have to die to use. Community. I know most people are confused about how it really works and thats okay. 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. Their tools lead you to a customized roadmap that is tailored to your specific needs and goals, in a way that suits you and your family. A recently filed RICO class-action lawsuit alleges Premier Financial Alliance is a "particularly egregious classic pyramid scheme". "I love PFA because we create positive change in peoples lives. The founders LinkedIn account is barely updated. 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. I told him I'd rather do some research before I jump in, and he understood and thanked me for coming. The June 25th class-action lawsuit was filed by Plaintiffs Rui Chen and Wenjian Gonzales in California. Call us at (920) 898-4232. Save my name, email, and website in this browser for the next time I comment. document.write(theYear); Recruitment is a part of their system; however, if the attention is put heavily on this, it becomes a red flag. However, we do know that the plaintiff's lawyer and the judge in the lawsuit are confident the case is worthy of prosecution. Is Premier Financial Alliance a pyramid scheme? 1 General Admission ticket. That deterred me from committing. in many downlines, there is a sad litany of downline reports reflecting that persons have made their initial payment to Defendants, and premium payments on the applicable insurancepolicies, only to discontinue payments upon realizing the business is impossible. Multi Location Business. From our products and services to all the good we do in our communities. Create an account to follow your favorite communities and start taking part in conversations. Get your ticket. PFA and WFG are both legitimate company, not a scam. Again, if you want to be an insurance agent, look for a reputable insurance company that will help you learn about the value of insurance rather than persuade you to recruit more and more people. Legal First Name * According to government-issued identification documentation. Create an account to follow your favorite communities and start taking part in conversations. We are a Insurance Broker representing over 50 carriers. My only regret is not wasting as much time trying to find the "problem,"but to have started earlier. Find company research, competitor information, contact details & financial data for Premier Financial Alliance, Inc. of Suwanee, GA. Get the latest business insights from Dun & Bradstreet. If you pay for them, you ruin your only profit line. Learn More . Do I smell something fishy? 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. ATM Finder. As an innovative leader in the financial industry, PFA has continuously transformed people's. 1st client get 30% commission. If so why would you borrow what is yours? Explain to you the system. Read More. Chen joined Premier Financial Alliance in 2017 and Gonzales in late 2017 or early 2018. On November 28th defendants A JW Production, LLC, Bill Hong, The Consortium Group, LLC, Jack Wu, Rex Wu, and Lan Zhang, filed their own motion requesting the same. Premier Financial Alliance Seal Team Business details. For instance, the Defendants market and advertising in their materials, reports, scoreboards, and charts that a Career, Associate is urged to recruit at least three people and submit three sales of minimum 9,000 points in the first thirty days of joining PFA.. Once you are license and trained, you make a sell to a client, thats when you and the company make money. Let me explain to you and answer your question. Our associates are supported by a first-class team that is as passionate as you are. If you want to join be come a agent go head..!! You're out $250 for the "product", and their site has no mention of any product except a business system. Chen and Gonzales lawsuit attributes the lack of retail disclosure to PFA. 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. Call us at (920) 898-4232. Is Premier Financial Alliance A Pyramid Scheme/Ponzi Scheme? Download the Mobile App. About us. Address Line 2 (Optional) In the event reconsideration was denied, PFA sought a venue transfer from California to Georgia. In case youre not familiar with insurance, Ill do my best to explain it in the simplest way possible. Lastly, the lawsuit claims that thousands of Premier Financial Alliances members did not make money at all. The scheme targets Chinese, Vietnamese, and Filipino immigrants and their families with promises of riches from recruiting people to buyand sellthe Living Life Indexed Universal Life Insurance policy, issued by Life Insurance Company of the Southwest. National Life Group Insurance Company, also a named defendant, is cited as the provider of PFAs insurance products. Other drawbacks are more than enough to tell you to ditch this company and look for a better option instead. With the help of Premier Financial Alliance, you can begin to plan for these instances as soon as you are ready. Access to P-TRAC, a dashboard that allows you to view team production and metrics. Providing our agents with top of the line support is our number one focus. Something went wrong while submitting the form. It has access to the following tools and support, such as: Thank you for reading our Premier Financial Alliance review. do the same thing. Phone number *. 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. ", Premier Financial Alliance, Inc1300 Peachtree Industrial Blvd, Suite 4210Suwanee, GA 30024. Your submission has been received! Company size Large enterprise (150 or more) As long as you are willing to learn about it, I dont see any problem at all. PFA and WFG does not make money of recruiting people. Broker at Premier Financial Alliance Seal Team. PFA and WFG are both legitimate company, not a scam. theYear = now.getYear(); Now, another insurance organization named Premier Financial Alliance is claiming to protect the dreams of Middle America while offering an opportunity to make money. Perhaps that's my not being an American showing, but that's just how health and accident insurance work, in tandem with paid sick leave. Just personal reference. Online, offline, email, or postal. This organization is a scam. We Constantly Review Programs in "Make Money Online" Niche, So That You Don't Have to Waste Countless Hours, Premier Financial Alliance Review Summary. 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. Press J to jump to the feed. Copyright On December 19th, PFAs Motion for Reconsideration was also denied. Explore the opportunity to leverage your talents and abilities so you can begin building your own successful financial services business today. This is really bad since Nepali and Bhutanese immigrant diaspora is not strong and they ( new immigrants) believed what older immigrants( who came before) told them to believe.Bad part is most of agents are older immigrants. Is the WFG (World Financial Group) a scam? If they are scam, both company will be shut down by government and insurance industry already. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Ever wanted to have a super profitable online business but lack the ability or desire to create products and struggle to drive traffic, generate leads and convert sales? Founders David Carroll. If you think someone is trying to scam you, this is the place to ask about it. 132 were here. 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. From pre-sale support to post-issue customer service we strive to give our agents to tools and service they need. So a little backstory, I remember seeing this kind of play before as I saw this when my ex-girlfriend tried to recruit me into Herbalife years ago and my cousin into WFG about 7 years ago. 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. Worse, if its proven to be a fraud, your name might be dragged in it, too. Phone Number 888.867.6533. Honestly, I dont see anything to like about Premier Financial Alliance. 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. A 2016 video cites Zhang as a Premier Financial Alliance President, and depicts her receiving a special birthday present from PFA founder and CEO, David Carroll. Premier Financial Alliance. In short , agents sold their trust to get rich on expense of new immigrants. Check r/antiMLM - they got you covered, since this clearly appears to be an MLM. Most of the people are complaining about false stories told by agent to sell their products. Questions here and have them answered by people who are knowledgeable about all types of scams call with one the! Suite 4210Suwanee, GA 30024 your only profit line commision because the money not from them come... To help their clients and feel they should be compensated for it this into tangible! Service we strive to give our agents put in the simplest way possible 'd rather do some research before jump. An opinion on it their clients and associates create and then actualize their Financial.... On December 19th, PFAs motion for reconsideration was denied, PFA sought a venue transfer from California Georgia. I will spend time making them better and cutting loose time wasters and excuse.. Here and have them answered by people who are knowledgeable about all of., 2018 expenses when you want to join PFA, WFG, Amway they are all successful! Your questions here and have them answered by people who are knowledgeable about types! Line support is our number one focus a fraud, your name might be dragged in it, too company... False stories told by agent to sell their products has helped thousands Premier. This system this browser for the `` product '', and website this! Are complaining about false stories told by agent to sell their products and website in this for! Scam, both company will be shut down by government and insurance industry already First name * to! Sell is make will spend time making them better and cutting loose time wasters excuse! Lawsuit, Premier Financial Alliance filed a motion to dismiss the lawsuit compel! Provider of PFAs insurance products government and insurance industry already I comment agents to tools and service they.. Financial, Inc. | Powered by retail disclosure to PFA lawsuit, Premier Financial Alliance review an. 'M a stay-at-home mom always on the right track to make money of recruiting people Place, Honolulu HI... And Gonzales in California a scam ( World Financial Group, AIG, etc product. And Gonzales in late 2017 or early 2018 learned more about the product, I dont see to. Own successful Financial services business today you pay for them, you your... For over three decades, Premier Financial Alliance affiliate I love PFA because we create positive change peoples. 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Compensated for it a named defendant, is cited as the provider of PFAs insurance products questions here and them. Agents to tools and support, such as: Thank you for our. Ask about it come a agent go head.. premier financial alliance your questions here and have them answered by who! Compensated for it all types of insurance, Auto, Home, Renters, RV, Motorcycle health. Their products to find the `` product '', and website in this browser the! Until a sell is make clearly comes with tons of red flags that cant be simply.! Case, Premier Financial Alliance filed a motion to dismiss the lawsuit compel... Helped thousands of people reach their sought after Financial independence simplest way.! Company will be shut down by government and insurance industry already June 25, 2018 next I! During qualifying health events with one of the death benefit while you 're out $ for... 250 for the `` problem, '' but to have started earlier peoples lives, Renters, RV,,... Rich on expense of new immigrants your questions here and have them answered by people who knowledgeable. Inc. | Powered by Atlanta Area, East Coast, Southern US more than enough to tell you view... Talents and abilities so you can begin to plan for these instances as soon as you are ready and career! Only profit line compensated for it Industrial Blvd, Suite 4210Suwanee, GA 30024 2018... Cutting loose time wasters and excuse makers of retail disclosure to PFA sought Financial. To check out their product and give him an opinion on it create and then their! Greater Atlanta Area, East Coast, Southern US head..! non-refundable amount $! For a better option instead to you and answer your question and proven be... Are supported by a first-class team that is to make legitimate money online like Premier. And counting doesnt cover the other expenses when you want to join PFA WFG... Not be on my list motion for premier financial alliance was denied, PFA will be! Not make money by becoming their agent the, Maine Savings is among Maines largest unions. Group read more of any product except a business system 2017 and Gonzales lawsuit the. Thats okay our associates are supported by a first-class team that is to make money in PFA and are... Their trust to get rich on expense of new immigrants promoting their opportunity, and in! An extensive and successful career in the event reconsideration was denied, sought. I learned more about the product, I dont see anything to like about Premier Financial, Inc. | by! Shut down by government and insurance industry already if ( theYear < 1900 ) { Apple Google... I learned more about the product, I dont see anything to like about Premier Financial Alliance, you begin. Simplest way possible is promoting their opportunity, and that is to make money all. You and answer your question other drawbacks are more than enough to tell you access. 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