A Good Place For Reviewers To Start Is With Answers.Com Freedom Equity Group Review – Should You Join?

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Freedom Equity Group Review – Should You Join?

So if you’re reading the Freedom Equity Group review, chances are you’re thinking about becoming a member and doing your research online. If so, look no further. In this third party article I will give you all the important details you need before joining. Now very quickly… I want to disclose that I am not a member of Freedom Equity Group and I am not affiliated with them in any way. In fact, it doesn’t matter to me one way or the other whether you decide to join or not. This is important to you because you know at least you will get an unbiased perspective of the company. With that said, let’s begin…

First, let’s talk about the company itself. In my opinion, having good products and a rewarding compensation plan is second only to having a solid company with a stable infrastructure that can handle future growth. The company was founded in 2002, so it’s not a start-up company, which is good if you’re looking for a company that’s a little more stable. The management team is very experienced and their field leaders seem to be very professional. The company is based out of California and partners with some very famous companies like Fidelity & Guaranty and National Western Life. My suggestion is if you are serious about joining and doing long term business with them, take the time to visit their corporate office in Arroyo Grande. Sure, you might have to pay for travel out of pocket, but if you’re doing your due diligence, it makes sense to meet people in your home office. Of course, if your goal is just to make a few bucks here and there, then you probably don’t need to devote time to a home office. But if you’re looking to build a long-term business that can earn you 6-figures (or multiple 6-figures) a year, then it’s worth it. Speaking from experience, I wish I had done this before joining some companies. This would have saved me a lot of time and frustration.

Freedom Equity Group’s flagship product is Index Universal Life Insurance, or IUL. This is a form of permanent coverage, as opposed to term insurance, which only provides coverage for a certain period of time. Apart from life insurance, IUL also offers a savings vehicle through which you can accumulate and grow your money tax-free. And if that wasn’t enough, the policies they sell also provide life benefits, allowing you to use your coverage without dying. Everyone needs to be educated about these essential financial services, so you’ll have a huge market to promote your product to if you decide to join.

As for the compensation plan, it’s pretty simple. Depending on your position, you will receive 93% of the annual premium of all your personal clients. For example, if you have a client who pays $250/month, you will earn a percentage of the annual premium, which is $3,000 in this example. Let’s say you are a district manager (which is the third position in the compensation plan), you will receive 50% of the annual bonus, which would be $1,500. Not bad at all for one client. Note that you will likely receive 75% of your commission upfront and 25% later. And you get paid after client approval, which can take 30-90 days depending on the underwriting process. That said, you still make a very healthy commission when you provide essential financial services to people in need.

If you decide to build and grow a team, you can also earn up to 63% overage on sales made by your team representatives. sounds good? That’s because… you can earn hundreds (and thousands) of dollars when someone on your team completes a sale. The “disadvantage” (for lack of a better term, as it may not be a disadvantage at all depending on how you look at it) is that you need to hire about 10 people to get 3 or 4 licenses, and of those, about 1. will be active and productive. Of course, if you find licensed representatives who are already joining with a license, then you can beat those numbers.

In addition to personal and neglected commissions, you will also receive income from renewals, crossing generations if you generate other leads, and you will also be able to earn money throughout the company through the bonuses that you can participate in. All in all, of course, there are many. You can make money if you build your business in a certain way and are good at paying commissions to life insurance companies.

Freedom Equity Group is also a good company. The short answer is yes. The company has been around and the management team is solid. should you join Only you can answer that. If you are looking for a more professional marketing service and like the idea of ​​sitting down with people and helping them solve their financial problems, then FEG may be the company for you.

Here are my three suggestions before you join. First, take the time to learn the company’s system for building a business so you can align with the company’s culture. For example, if the entire company culture revolves around in-home meetings and you want to include online webinars and conference calls, there may be a clash. Second, find a sponsor and a team that has a system you can use to build your business. For example, ask to see the document or training they have for getting unlicensed people licensed. Do they have a system? Or do they just leave the new rep to get the license on their own? Last but certainly not least, I recommend using Attraction Marketing to generate a consistent stream of quality leads. Sure, you could target your warm market, but imagine how big your team would be if you had 20+ targeted leads in your inbox every day. If you can apply these three things, there is no telling how prosperous your FEG business can be.

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