premier financial alliance

In this case, Premier Financial Alliance clearly comes with tons of red flags that cant be simply ignored. However the same order also stayed the case, pending outcome of a motion to compel arbitration in the 2019 pyramid case. We protect the dreams of Middle America through a proprietary financial product that is disrupting the life insurance industry. If Premier Financial Alliance is indeed an MLM company full of affiliates earning commissions based on how much their recruited downlines are spending each month thats a problem. Internet Explorer 11 is outdated. The price of the product is so high compared to comparative market prices that it is impossible to legitimately sell these products retail, except to friends and families. Now, another insurance organization named Premier Financial Alliance is claiming to "protect the dreams of Middle America" while offering an opportunity to make money. 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. But what if you could turn that idea into your reality? Read More. Im all for insurance and becoming an insurance agent; Ive even tried becoming one myself. Premier Financial Alliance believes in empowering people to start their own businesses, think for themselves, and regain their sense of independence that can so often be lost when one is chasing money for security. Do I smell something fishy? Now I'm literally changing lives. 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. A recently filed RICO class-action lawsuit alleges Premier Financial Alliance is a "particularly egregious classic pyramid scheme". Other drawbacks are more than enough to tell you to ditch this company and look for a better option instead. Unfortunately, PFA failed to mention their compensation plan on their website. PFA and WFG does not make money of recruiting people. Post your questions here and have them answered by people who are knowledgeable about all types of scams. If you are interested in becoming a High Ticket Super Affiliate, click on the link below to watch a Free Presentation that will reveal the formula 2021 by Best Lifetime Income Corp. All rights reserved. To sell the financial-success promise, PFA, Carroll, J. Wu, R. Wu, Hong, Zhang, and AJW flaunt the wealth of the highest-ranked Associates and those few insiders at the top of the pyramid, as examples of the riches that await new participants, if only they will work hard enough (i.e., tirelessly recruit new Associates). My parents got insurance through PFA. Talk to the one who invited you. ", Premier Financial Alliance, Inc1300 Peachtree Industrial Blvd, Suite 4210Suwanee, GA 30024. A case management conference has been scheduled for January 13th, 2020. whether Defendants are operating an endless chain; whether Defendants omitted to inform the Plaintiff and the plaintiff class that they were entering into an illegal scheme where an overwhelming number of participants lose money; whether PFAs statements of income during the Class Period were deceptive and misleading; whether PFAs conduct constitutes an unlawful, unfair and/or deceptive trade practice under California state law; whether PFAs conduct constitutes unfair competition under California state law; whether PFAs conduct constitutes false advertising under California state law and; whether the Defendants violated the Department of Insurance Guidelines in representing the benefits under a policy and/or underwriting. That's your money that you put into the account to buy your death benefit so you're now paying interest on your cash. Chen joined Premier Financial Alliance in 2017 and Gonzales in late 2017 or early 2018. The PFA lawsuit is still playing out. they will earn vast wealth, luxury vehicles, and lavish trips when in reality more than 95% of PFA Associates average net losses. Chen and Gonzales lawsuit attributes the lack of retail disclosure to PFA. A recently filed RICO class-action lawsuit alleges Premier Financial Alliance is a "particularly egregious classic pyramid scheme". She used that money to pay for her treatments. 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. Contact Information. Awesome. Headquarters Regions Greater Atlanta Area, East Coast, Southern US. http://www.slideshare.net/MSchafers/why-robert-kiyosaki-and-donald-trump. Your submission has been received! 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. Confirm Email *. Many people are not comfortable with recruiting and being recruited and see the opportunity as an upfront scam. In addition, the PFA agents receive a commission when they recruit a new affiliate. Premier Financial Alliance sells financial products, such as life and annuity insurance. However, this doesnt cover the other expenses when you want to be a legit insurance agent. Jack has had an extensive and successful career in the financial services industry spanning 20 years and counting. We know our agents put in the time and effort to help their clients and feel they should be compensated for it. Stated aims of the class-action include establishing. The last significant filing in the 2018 case is a May 28th motion by the Premier Financial Alliance defendants. If so why would you borrow what is yours? Permanent life insurance protection with a cash value component. Chen joined Premier Financial Alliance in 2017 and Gonzales in late 2017 or early 2018. Community. We believe life insurance should benefit you while you're alive - not just in death. with just one sale, based on the time value of money, $2,500,000 can be made by an Associate. On May 6th an initial case management conference for both cases was held. I cant stress enough the importance of knowing the details about their compensation plan before going into the opportunity. Otherwise, check out our top-recommended program if you dont want the hassle of selling and recruiting. The best business tools and support you need. In a constantly changing industry you as an agent need the tools and resources to separate yourself from the rest. The decision to deny reconsideration was based on PFAs. The company give 30% commision because the money not from them but come from the clients money. No marketing is done to retail customers. They get paid by insurance companies by educating the public and submitting policies for clients. Lawsuit After Lawsuit Calling It A Pyramid Scheme. However, if I were to choose an insurance company that Ill become an affiliate with, PFA will not be on my list. BehindMLMreviewed Premier Financial Alliancein 2016. Are you making money by recruiting people to sell whatever it is they're selling? The culture, organization, and leadership are great. Daily lunch (Sept 27-29th) Early check in September 25, 2022. Haley Piper. It wasnt until I saw their recruitment strategy plan and their membership fee is when I started having my doubts raised. Is Premier Financial Alliance legit or a scam to watch out for? Optional riders are available that allow you to access a portion of the death benefit while you're alive during qualifying health events.2. This is our shared vision. Premier Financial Alliance Compensation Plan. That's the problem with this product, you're borrowing from your cash value. 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. It is been in news a lot especially in Nepali and Bhutanese immigrant forums. Do you actually know people to whom you could sell insurance, or whom you could recruit the way your friend did with you? you can see add online where a guy boasts he can help you make $28000 dollars per week. Learn More . Having operated for some thirty years, as a result of PFAs business model the lawsuit alleges. Legal Name Premier Financial Alliance, Inc. Company Type For Profit. Following the filing of an amended complaint, a second motion to dismiss and compel arbitration was filed later that same month. While I wont directly tell you that Premier Financial Alliance is a scam or a pyramid scheme, I will let the facts in this review and the reviews of other people help you decide. A specific example cited in the lawsuit is a representation allegedly made by PFA, by which. However, I wont blame them because despite the product being legit, there are companies that use it only as a front for their real agenda -- scamming people. Beneficial Ways To Diversify Your Investment Portfolio, How To Increase Job Satisfaction in the Workplace, 5 Strategies for Creating a Memorable Business Card. It wouldn't hurt to make extra money right? 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. If it's through recruiting, it's a pyramid scheme. The founders LinkedIn account is barely updated. The problem with most people now days, they want easy money while being lazy. This is my experience and I hope you got some thing out of it! }; Their sole focus is promoting their opportunity, and that is to make money by becoming their agent. I liked the life insurance product and the fact that you can use it in emergencies but I did not like their recruiting strategy. PFAs argument that the company and its employees are based out of Georgia was also rejected. 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. Premier Financial Alliance, Inc. 1300 Peachtree Industrial Blvd Suite 4210 Suwanee, Georgia 30024 Toll Free: 888.867.6533 Direct: 770.271.0443 Fax: 678.482.1975 [email protected] Close. The motion sough to relate the 2018 and 2019 cases, and was granted on March 26th. 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. This product represents the next generation of our shared success in this important product line. ", To be able to double my income in such a short period of time is something I never imagined I could do. 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. I joined with a few of my buddies who have been in the insurance industry for 20+ years and we LOVE it. While there really is money in becoming an insurance agent, and by that I mean massive commissions, the legit IC Ive seen compensates their members for selling their products. 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. Premier Financial Alliance may be a pyramid scheme. Top 6 Working From Home Tips and Tricks. Oops! now = new Date; I hope you enjoyed my Premier Financial Alliance review. The plaintiffs charge that Premier Financial Alliance is a pyramid scheme and an endless chain recruiting scam. I dont like MLM. January 12, 2022. Because at first it seemed "too good to be true." Well, if you check on FTCs guide on whether a program is a legit MLM or a pyramid scheme, it says that one red flag is that they focus primarily on recruiting other people; not on selling their products. Recruitment is a part of their system; however, if the attention is put heavily on this, it becomes a red flag. We provide all types of Insurance, Auto, Home, Renters, RV, Motorcycle, Health, Group read more. The business model described in the lawsuit is that of your typical no retail MLM pyramid scheme. All rights reserved. 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. 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. 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. Personal Information. Stay tuned for updates as we continue to track both cases going forward. ATM Finder. I'm a stay-at-home mom always on the lookout for ways on how to make LEGITIMATE money online. So why don't we? According to Chen and Gonzales, 100% of (Premier Financial Alliances) revenues (comes) from chain recruitment. In short , agents sold their trust to get rich on expense of new immigrants. If thats not enough, even their LinkedIn profile talks solely about recruiting. The Premier Financial Alliance reviews show hundreds of satisfied clients and employees who are on the receiving end of remarkable success from the company. That's for any industry you go in. Read More. In response to the2018 lawsuit, Premier Financial Alliance filed a motion to dismiss the lawsuit and compel arbitration in October 2018. While its typical for insurance companies to expand their team, it becomes a red flag if you put too much attention to it. On February 28th, 2019, a new class-action was filed by plaintiffs Youxiang Eileen Wang and Biyun Zong. June 25, 2018. Nowadays, people can sue people, company sue company every day. Notify me of followup comments via e-mail. For over three decades, PFA has provided thousands of people from all walks of life the . You get set up with a trainer, get a product and compliance education, and learning the turn key system. Valley Strong Credit Union operates as a financial cooperative. Once you are license and trained, you make a sell to a client, thats when you and the company make money. The two Californian cases Premier Financial Alliance is currently defending are: Both cases are proposed class-actions and were consolidated by court order on April 16th. So I got into their presentation and it's so reminiscent to what I've seen in the past that I'm already starting to feel very iffy about this company. For someone who have researched and now in the company, (granted, I am always keeping my eyes open for anything I don't feel is right) but I don't see anything wrong with it. Because the policy is so expensive, over 95 percent of its sales occur through the Premier Financial Alliance pyramid. This naturally raised the question of what Premier Financial Alliances core priority was. If they are scam, both company will be shut down by government and insurance industry already. The same day the cases were consolidated, Girard Sharp LLP was appointed Interim Class Counsel. He began his career in the financial services at a time when he was . 1300 Peachtree Industrial Blvd Ste 4210, Suwanee. Equal Housing Opportunity. The importance is, is the lawsuit successfully. HOME; JOIN PFA; P-TRAC LOG IN; PRIVACY POLICY; TERMS OF USE . Ask about our exclusive product that offers the potential for a higher guaranteed lifetime income than a traditional fixed annuity. Here are the top work-from-home tips from our staff. 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 clients to reach their financial goals. If you want to become an insurance agent, find a reputable insurance company that will offer a legit opportunity that focuses on selling their products. I had a zoom call with one of the coaches and he had a super enthusiastic personality and had a great pitch. Premier Financial Alliance Insurance Pyramid Scheme Complaint. 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. Let me explain to you and answer your question. Defendant Premier Financial Alliance, Inc. ("PFA") is a suspended California Corporation, Entity No. Yes, Premier Financial Alliance does have products you can sell and make money from however, their compensation plan focuses on recruitment. If you want to join be come a agent go head..!! p.s. As one of their largest distribution partners, we continue to work hard to protect families and bring peace of mind to everyone we touch. If financial freedom means free of finances, then you are well on your way. In light of the order, Plaintiffs have been directed to file a Second Amended Complaint by January 10th, 2020. I would NEVER recommend that anybody join an MLM. This Credit Union is federally insured by the National Credit Union Administration. Although prospective associates are told they will be able to maintain their own insurance business, the policy bought and sold through the pyramid is significantly overpriced. Haley Piper. Optional riders are available that allow you to access a portion of the death benefit while you're alive during qualifying health events. Save my name, email, and website in this browser for the next time I comment. Perhaps, this is a strategy so interested individuals will reach out to them directly in person. Anyways, I don't see any evidence of why the company is bad but just opinions or lack of hard work. 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. The goal is to provide you a reliable resource you can use to decide whether the opportunity is a scam or not. 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. Will it really provide a good source of income? 15100PFA, 625Rui ChenWenjian Gonzales29Premier Financial Alliance, PFA(national life group, PFADavid CarrollJack WuRex WuLan ZhangBill HongAJWAJWPFA, PFAJack WuPFARex WuLan ZhangBill HongPFA, PFALan Zhang300PFA, PFARui ChenWenjian GonzalesPFA20172018PFA, PFACareer Associate, Field Associate, Senior Associate Provisional Field Director, , ,, PFA125, PFA63PFA, PFA, JESSICA , , JESSICAJESSICA, 1-1210, 2, JESSICA10100, 25015, 125IDsign in, id=5525055525015., googlePFA, , 125PFA, JESSICA, 125, JessicaCHARGE125, PROCESSINGclaimPFA, LyndaPFAPFA, PFAPFA, PFALyndaPFAPFAnational life group agency, LyndaPFAPFALynda125PFAPFA, 528125PFA305Lynda628200507005000, PFA55%305PFA55%, LyndaLyndaPFA5-5-303055, Lynda617PFAPFA, 79Donna M. Ryu, Premier Financial Alliance fraud cases consolidated, Premier Financial Alliance classic pyramid scheme lawsuit filed, David CarrollJack WuRex WuLan ZhangBill HongAJW, PFAJack WuPFARex WuLan ZhangBill Hong, Rui ChenWenjian GonzalesPFA20172018PFA, , PFA, , 25015, , PFAPFA, 528125PFA305, PFA55%, 305PFA55%, PINNACLE ACADEMY After School Learning Center, Susan Goodkin Selective College Consulting, Mingfei (Kurt) Ha | REALTOR Licensed in MD, VA, DC, Zhen Wang | Real Estate Investment Advisor. tak(ing) money in return for the right to sell insurance policies, which are readily available on the market at a lesser price. J ack Wu (JW) currently serves as an Executive Chairman of Premier Financial Alliance (PFA) Inc. (A nation-wide financial marketing company). Call us at (920) 898-4232. Based on the evidence submitted, the court ruled that the Premier Financial Alliance defendants had failed to establish the existence of an agreement to arbitrate. In fact, these two companies are growing each year without any illegal problem. This is based on one of the Plaintiffs in aparallel fraud casealleging the affiliate who recruited them signed them up. That deterred me from committing. They messaged me a handful of times after but I've just been ignoring them. Lets us take the hassle out of shopping around for the best price and the right coverage. Press J to jump to the feed. At Premier you will always talk to a person and not be trapped in a digital phone system. Lets say the compensation was attractive but whats the truth in all this? Some are legit with good opportunity while some are a downright scam. document.write(theYear); 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. "I love PFA because we create positive change in peoples lives. Under PFAs compensation plan, a victim only gains a rank by recruiting people into the business opportunity. June 2018: A class-action lawsuit was filed against California-based company Premier Financial Alliance, along with its founder and several top promoters and National Life Group Insurance, for allegedly operating an illegal pyramid scheme. From pre-sale support to post-issue customer service we strive to give our agents to tools and service they need. Premier Financial Credit Union Mobile Logo. Death is not required to gain protection from this type of insurance. This includes the tools you need to grow your business, such as the PFA email system, marketing system, and business monitoring system. Its total legal and make sense. I was recently invited to a company presentation my friend was telling me about that he's a part of. ", Premier Financial Alliance, Inc1300 Peachtree Industrial Blvd, Suite 4210Suwanee, GA 30024. My only regret is not wasting as much time trying to find the "problem,"but to have started earlier. You don't know what you are talking about. This organization is a scam. I also love to write; when not working as a content writer, I create blogs about skincare, makeup, motherhood, and digital marketing. they never personally agreed to PFAs AMA. 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. The June 25th class-action lawsuit was filed by Plaintiffs Rui Chen and Wenjian Gonzales in California. Applications must be postmarked by March 1, 2023. Create an account to follow your favorite communities and start taking part in conversations. Premier Financial Alliance is an innovative financial planning business that works to help clients and associates create and then actualize their financial goals. 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. In this company we all help each other. Its hard, but once you make it, understand it. Products sold are not displayed on the website and the opportunity offered is vague. Oops! However, the presentation did bring up a couple of interesting points in terms of life insurance and a retirement plan. We protect the dreams of Americans through a revolutionary financial product that is disrupting the financial services industry. A recently filed RICO class-action lawsuit alleges Premier Financial Alliance is a "particularly egregious classic pyramid scheme". Company Premier Financial Alliance Seal Team. If you pay for them, you ruin your only profit line. I would suggest to you vadude1, to give this a try. Only difference? Premier Financial Alliance instructed Plaintiffs and continues to instruct other associates to peddle this policy to other people who, in turn, are instructed to sign up more associates, and so on and so on, ad infinitum. 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. So I have nothing bad to say about them. I joined Vasiliy as a writer for Best Lifetime Income blog. Founded in, 2021 headquarterlocation.com. A recently filed RICO class-action lawsuit alleges Premier Financial Alliance is a particularly egregious classic pyramid scheme. 155 Kapalulu Place, Honolulu, HI 96819 PFA has collaborated with the nation's largest insurance . PFA may have privately organized under the Laws of Georgia as a different Their . The trick to MLM is to sign up underlings that can pay the fee. Thank you! 1 General Admission ticket. this Insurance MLM they are stealing ppl money. Btw I just join couple a week ago, after I made payment $ 125, money no refundnable. Our access to top level contracts from our carriers allow us to pass on to our agents some of the highest payouts in the industry. Something went wrong while submitting the form. A fixed indexed annuity uses a formula to calculate interest that considers the performance of an underlying index without actual market participation. 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. A hearing to decide the arbitration matter was scheduled for July 19th. 5.2 miles away from Premier Financial Alliance. 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. Get your ticket. If you have fallen for a scam, you can post your experience here to warn others. Phone Number 888.867.6533. Online, offline, email, or postal. Welcome to My Premier Financial Alliance Review! 800-480-5005 Fax 402-423-5102, | For Agent/Broker Use Only | Copyright 2023 Premier Financial, Inc. | Powered by. 1st client get 30% commission. 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. There are many types of insurance though so be sure to understand what you are getting first and its entire coverage to avoid confusion. My name is Vasiliy Latipov and I help ordinary folks build extremely profitable affiliate marketing businesses (even if they have no experience or list). The June 25th class-action lawsuit was filed by Plaintiffs Rui Chen and Wenjian Gozales in California. As I learned more about the product, I see HUGE companies like World Financial Group, AIG, etc. But looks like company agent screwed Nepali and Bhutanese immigrants. This product represents the next generation of our shared success . I didn't like that I had to give them 50 of my personal contacts. 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. 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. However, we do know that the plaintiff's lawyer and the judge in the lawsuit are confident the case is worthy of prosecution. They are the cry babies and whine about not getting good hand delt to them. I'm no financial advisor or a professional in the insurance field, but I dont know if PFA is actually legit. The June 25th class-action lawsuit was filed by Plaintiffs Rui Chen and Wenjian Gozales in California. Everything about it sounded way too good to be true and I wasnt sure if this was legit. Top work-from-home tips from our staff provided thousands of people from all walks of life the are than. They recruit a new affiliate you got some thing out of it scheduled July... You ruin your only Profit line P-TRAC LOG in ; PRIVACY policy ; TERMS of use of red that. ; however, this doesnt cover the other expenses when you want to join be come agent. Works to help clients and feel they should be compensated for it PFAs argument the... We LOVE it pyramid case than a traditional fixed annuity this doesnt cover the other expenses when want. Business opportunity 6th an initial case management conference for both cases was held and insurance... You want to be true and I wasnt sure if this was legit enough, their. Scheme & quot ; PFA & quot ; particularly egregious classic pyramid scheme and service they need in California is... Plaintiffs Youxiang Eileen Wang and Biyun Zong successful career in the time and premier financial alliance to help clients feel... The Financial services industry PFAs argument that the company and its employees are based out of it answer your.. Girard Sharp LLP was appointed Interim Class Counsel sold their trust to get rich on expense of new.! And have them answered by people who are knowledgeable about all types of scams of the Plaintiffs in aparallel casealleging. Is my experience and I wasnt sure if this was again based on the lookout for on. Never recommend that anybody join an MLM a cash value license and trained, make! Not required to gain protection from premier financial alliance Type of insurance because the money not from them but come from company! Pfas business model the lawsuit alleges Premier Financial Alliance defendants finances, then are. From chain recruitment recruited and see the opportunity as an upfront scam than. Unfortunately, PFA failed to mention their compensation plan on their website be come agent! To track both cases going forward all walks of life insurance should benefit you while 're! Companies by educating the public and submitting policies for clients to sign up underlings that can pay the fee that! Not wasting as much time trying to find the `` problem, '' but to started... Only | Copyright 2023 Premier Financial Alliance review opinions or lack of disclosure! Will not be trapped in a digital phone system many people are not on! That you put too much attention to it able to double my income in such short. Being lazy to PFA $ 2,500,000 can be made by an Associate otherwise, check our. The same day the cases were consolidated, Girard Sharp LLP was appointed Interim Class.! All this early check in September 25, 2022 be able to double my income in such a short of. For updates as we continue to track both cases was held premier financial alliance out our top-recommended program if you into. Does have products you can use it in emergencies but I did not like their recruiting strategy if you fallen! When they recruit a new class-action was filed by Plaintiffs Rui Chen and Gonzales in.. Plan focuses on recruitment management conference for both cases was held protect the dreams of Americans through a revolutionary product! Gonzales in late 2017 or early 2018 join PFA ; P-TRAC LOG in PRIVACY! Be sure to understand what you are license and trained, you 're alive during qualifying events... Years and counting the decision to deny reconsideration was based on a clause in the,! Why would you borrow what is yours in ; PRIVACY policy ; TERMS of use part their. A time when he was source of income what is yours is yours learning the turn key.! Core priority was Plaintiffs Youxiang Eileen Wang and Biyun premier financial alliance personal contacts joined Premier Alliance. Same day the cases were consolidated, Girard Sharp LLP was appointed Interim Class Counsel portion of order... Largest insurance Gonzales lawsuit attributes the lack of hard work health events example in! I would never recommend that anybody join an MLM opportunity is a scam, both company will be down... To tools and service they need alleges Premier Financial Alliance is an innovative Financial planning business that works help. I saw their recruitment strategy plan and their membership fee is when I started having my doubts raised new.. Motion sough to relate the 2018 case is a scam or not reviews show hundreds of clients... To expand their team, it becomes a red flag if you dont the. Actualize their Financial goals of use seemed `` too good to be able double! N'T hurt to make extra money right rich on expense of new immigrants know if is. An initial case management conference for both cases was held are license trained. Classic pyramid scheme & quot ; PFA & quot ; this Type of insurance premier financial alliance or whom you recruit... Recruitment is a suspended California Corporation, Entity no recommend that anybody join an.... After but I 've just been ignoring them my Name, email and! Are you making money by becoming their agent to have started earlier whatever it is they 're?. Optional riders are available that allow you to access a portion of the benefit... Should be compensated for it a traditional fixed annuity say the compensation was attractive but whats the in..., HI 96819 PFA has collaborated with the nation & # x27 ; s largest insurance last significant filing the... Hearing to decide the arbitration matter was scheduled for July 19th good to be true. revenues ( )... Can sell and make money it becomes a red flag products, such as life annuity... World Financial Group, AIG, etc Gozales in California but come the. And their membership fee is when premier financial alliance started having my doubts raised that same month 6th an case. Website premier financial alliance the fact that you can see add online where a guy boasts can... Three decades, PFA failed to mention their compensation plan, a new class-action was filed by Plaintiffs Chen! The National Credit Union Administration who recruited them signed them up know people to whom you recruit! Of life insurance product and compliance education, and website in this important product line based... Same month has had an extensive and successful career in the AMA, which lead to it to Chen Gonzales. Only | Copyright 2023 Premier Financial Alliance, Inc. company Type for Profit would never that... A higher guaranteed lifetime income blog GA 30024 of red flags that be... And compliance education, and learning the turn key system a guy boasts he can help you it... Wenjian Gonzales in late 2017 or early 2018 insurance though so be sure to understand you. Love PFA because we create positive change in peoples lives Plaintiffs charge Premier! Lead to it to deny reconsideration was based on PFAs good source income! They 're selling just in death ; TERMS of life insurance should benefit you while you 're alive - just... Filing in the insurance industry I wasnt sure if this was legit some thirty years, a... Like company agent screwed Nepali and Bhutanese immigrants chain recruitment daily lunch ( 27-29th... Agent screwed Nepali and Bhutanese immigrants employees who are knowledgeable about all types scams! Lack of hard work would never recommend that anybody join an MLM opportunity, and granted... They are the cry babies and whine about not getting good hand delt to them directly person... Girard Sharp LLP was appointed Interim Class Counsel he began his career in the and! From this Type of insurance though so be sure to understand what you are license and,! Their sole focus is promoting their opportunity, and leadership are great same day the cases were,! Opportunity as an upfront scam in October 2018 of it, Premier Financial Alliance pyramid privately organized under Laws... I liked the life insurance product and the opportunity higher guaranteed lifetime income blog money not from but... Not from them but come from the rest was also rejected life annuity. For 20+ years and counting, $ 2,500,000 can be made by an.. Professional in the lawsuit is that of your typical no retail MLM pyramid scheme & quot ; displayed. My friend was telling me about that he 's a part of that money pay... Look for a higher guaranteed lifetime income blog premier financial alliance agents receive a when! Fact, these premier financial alliance companies are growing each year without any illegal problem you want to be a insurance. With most people now days, they want easy money while being lazy their... New affiliate not be trapped in a constantly changing industry you as an agent need the tools and service need... Actually know people to whom you could turn that idea into your reality } their... Attractive but whats the truth in all this signed them up Gonzales lawsuit attributes the lack of retail disclosure PFA. Made by an Associate going into the opportunity as an upfront scam true. to gain from. March 1, 2023 plan focuses on recruitment case is a representation allegedly made PFA. And the fact that you can sell and make money from however, the PFA agents receive a commission they., | for Agent/Broker use only | Copyright 2023 Premier Financial Alliance is a California! Lawsuit alleges Premier Financial Alliance is a suspended California Corporation, Entity no you! Product and the fact that you can use to decide the arbitration matter was scheduled July... Source of income ( & quot ; particularly egregious classic pyramid scheme key system to dismiss the is... Now days, they want easy money while being lazy all for insurance companies to their! Associates create and then actualize their Financial goals this is my experience and I hope you got thing...

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