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Has anyone ever heard of or have any experience with Federal Financial Group LLC ? They called me today asking me to come to a ...


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Old 10-10-2007, 02:17 AM   #1
al3
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Has anyone ever heard of or have any experience with Federal Financial Group LLC?

They called me today asking me to come to a recruiting session next week. I never heard of them but their pitch (link above) sounds very much like UA or NAA.

Thanks,

Al
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Old 01-08-2009, 09:37 PM   #2
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I went to one of their meetings this week. The main focus is selling IUL to business owners, working appointments generated by their in-house system. Training is on their selling system, which is a memorized presentation given verbatim on appointments.

A couple of issues/questions/concerns about any opportunity like this: Is the appointment/lead system worth the lower commission levels? The commission levels range from 40% to 55%, based on production. Is the presentation script so good as to turn appointments into sales? Frankly, I'm more comfortable asking questions and finding wants then putting on a presentation. The program is based on Aviva's IUL. No particular problem with that, but a one-trick pony, well, there is usually not only one solution for every situation.

That being said, the presenter stated they are Aviva's largest volume agency. On that I do not know the facts. I would be nice to have appointments set, but is it like almost every other appointment/lead program - usually more bad leads than good? Still I'm curious, would only do it with upfront release agreement, which would probably be a problem with all the proprietary information and training.

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