Originally Posted by tucker insurance
has anyone worked with them ? or outcomes with their meetings ?
Yes, I began working with Federal Financial out of Phoenix AZ back in 2008. They are exactly who they claim to be, as they are the largest producer for some of the top insurance companies globally. I've personally met the top executives for companies such as Aviva, American Equity etc.
Keep in mind they are simply an IMO
. They provide as much training as one wishes to be successful in the business. Those that don't cut the program, or those that do not have the commitment to work 50+ hours per week to set a foundation for their own business.
I now own my own company in a completely different industry, but would not hesitate to go back to FFG. You are an ind. agent, and not captive. They only demand that you promote the contracts you get signed with "first" to any appointments they set for you. Through these appointments, of course many are not qualified. That's the way it is in any business lead program!!
I made close to a six figure income the first year I was there, and had no experience in the insurance business, and after a year of starting my own business, I still get every penny in annual renewals and residuals from clients I wrote two years ago.
The benefit is the training, mentorship, and experience you find in most of their branches. Before I started the training program, I was a commods broker and decided I wanted to offer my clients something better than basic stocks and bonds.
The FFG suite of products is more than just IUL's, but a complete array of fixed and variable products. It all comes down to what you are, and or willing to get licensed to represent.
If you wish to speak with me direct, feel free to contact me and I'll give you a call. I'm telling it like it is, from someone that has been there done that. FFG is one of the rare companies that actually place ethics before making a buck.
The training is around a presentation. This simply allows those that have no business experience, no insurance experience, or for those that find it difficult to engage clientele they do not know. But for those that are seasoned in sales, insurance, financial services etc, etc. The presentation is simply a tool, that allows you to cover a broad range of the services FFG offers, in a short period of time.
Anymore questions, let me know...P.S. yes the commissions are not as substantial as some other contracts, minus 1-2%, but no other company gives you a solid stream of appointments, and more importantly, has the mentorship right there for you. I had contracts with two other companies, and the support simply isn't there. I had my own marketing, most of my business after 6 months came from referrals anyhow "the objective" and when comparing programs, fee's, rates, etc, etc. You find that you may make a point or two more, but very often have less than comparable programs to offer clients, and or the other providers charge your clients more in fee's.
Regardless, make sure you represent a great insurance company first and foremost. All these other IMO
's are simply there to make a buck from your work, and it's always questionable about the true benefits they offer and back up. FFG does exactly what they say they will and do for their independent agents.