Complaint Review: Symmetry Financial Group | Ripoff Report Verified Safe™ ..businesses you can trust. Commitment to 100% customer satisfaction. Extensive portfolio life annuity products with many options Term Life Non-med Term Whole Life UL EIUL Disability Critical Illness Annuity EIA SPIA and more.

I would suggest getting your 0215 License on your own then market yourself!!! You will get contacted by every insurance company and IMO in the industry. Trust me, I've been contacted by many companys like NAA. DO NOT SIGN ANYTHING!! Read the conctract and all provisions concerning selling through that particular IMO. I wouldnt trust the Agents trying to get you to sign with them, because they will get a piece of the pie of all your sales and future residuals. Talk directly to the specific Insurance Company you want to represent and getting commission of 80% to 90% with possible residuals is better than a lower commision percentage and no residuals.

I would like to ask , are you still involved with the company now? I was thinking of starting a new source of income, this company got my attention. I am curious if you are still as happy now as you were in jan.

First off, it's a good indication if basic words are misspelled and a bajillion exclamation marks are used in a post that it's likely not the most educated opinion.  Secondly, I truly believe that most of this garbage gets posted by competitors who are worried because SFG's business is growing so quickly.  With that said, all I have to share is my own experience with SFG:

I came on with SFG 5 months ago with my family on food stamps.  The leadership gave of their  time and resources, showed me how to make money honestly in this business, and I'm on track to make  75K or more this year after expenses.  The training has been excellent, the people have deep integrity, and I've never worked for a more generous company.  The reason this company was started was because the "practice company" started bleeding their agents dry and making them pay too much for resources. The structures at SFG are designed to put maximum profit and opportunity back into the hands of the agents.  The higher-ups live frugally and give freely, which is a refreshing change. As for my business expenses, I usually turn about 10-15% of my commissions back into leads.  I'm operating a business at 15% overhead.  Not too shabby, and I'm grateful for the opportunity.

It hasn't been easy.  I almost quit in my second month because I hit a rut, but my mentors came alongside me and coached me through it.  Have I had to invest in this business with my time and turn a percentage of my profits back into leads?  Yes, because this is legitimate business and not a get-rich-quick scheme.

I'm sorry that the customer above had a bad experience.  I've heard of some less-than-stellar agents that have worked for SFG.  Personally though, the people I know in this business are all people I would trust to insure my own family.  My retention is over 90% and I always do for each family what I would do for my own... And that's how they trained me from square one.

I can afford to send my little girl to a good school because of the leads I buy, my clientele are thrilled to have somebody who cares help them, and I'm mentoring others in learning this business too.  I owe them that because of how much people invested in me when I came on.  
 
It's not perfect, and it's not for everybody, but SFG is the company I've been looking for all my life, and everybody I know who works here is thrilled to be a part of it.  

As a former customer of Symmetry I don't know about how they set up their business or pay their agents, but I can tell you they must make money because they sold me a life insurance to cover my home mortgage for 400 % over the market rate. This was probably my fault, "Consumer beware" I believed the agent..!! ,  that my insurance was a good deal. After I got pushed to finish the paperwork, I did the research that I should have done before I did business with a less than honest company.

I paid $82 a month for insurance I could have gotten for less than $25 a month. So while I cannot say if this company is ethical with their employees, I can say for certain that they are totally unethical with their clients. If they call you to "Help" your family with insurance to cover your mortgage or your life. Do your homework before you meet with them. Better yet, don't meet at all, you can do better yourself, who needs a company or agent that takes advantage of their customers for a buck !!

I currently work with Symmetry Financial Group and have for more than 1 1/2 yrs. I personally worked with two other insurance companies with free leads and was never offered 80% to start. The leads I received from these other companies were old and never amounted to anything. I was expected to cold call and bug all my friends to get business.

Symmetry Financial Group has changed my life literally. I have been able to make a substantial amount of money through their lead system which has been awesome. They are up to date leads and reap major return on your investment. I support my family quite nicely with these leads.

The company itself pays for a portion of the A leads to invest in the agent. Their system is amazing and if you follow it you will succeed. I am a testament to that. The issue is that if you don't follow the ir system you won't succeed. There will always be someone who doesn't follow directions and wants to blame everyone but themselves.

I personally don't care what the company is making since I am doing well and they are the ones who have supported me along the way. I have never had a company taken such a personal interest in my success. Furthermore they put out massive amounts of monies to get these A-1 leads and subsidize the costs as well as other functions they perform as a company. 

Additionally, Symmetry incourages people to  focus on personal growth and character which is quite refreshing. And I have not found one time or thing that would point to them being unethical in any way shape of form. In fact quite the opposite. They have been a class act from day one.

As far as recruiting, if you want to only be a producer and not recruit that is up to you. However this company will get me off the road because of having the knowledge that would cost thousands that they provide for the asking.

If you are small minded you don't need apply it is only for those who have a business mindset  who will succeed.

Bill,

Ive bought in to the whole thing too and I know exactly whereyou are right now.

A couple of things you are not thinking of are:

Yes you get in front of qualified leads, but you pay 75% ofthe cost it takes to generate that lead. So Symmetry eats the other 25% but at the same time making more money off every policy you sell. Lets break it down.

$35 for the lead that cost them $45 to generate. Average sell is $500 in your pocket and $650 or so in theirs. So the personal production side they make $640 per sale after advances and you made $465.Why cant you make $500 and they make $600? This also goes for your entire down line which is quite a bit if youre a good recruiter.  Also As you move up, your lead cost goes up! So the better you do the more you actually pay the entire cost it takes to generate each lead. You also have to start paying the difference of each lead that your team buys. So youre paying full cost and
making up the difference in your teams cost which allows Symmetry to not pay a thing for each lead once youre that big and still collect a spread on you and your team. This is why a lot of other brokerage firms and captive companies do
not charge for leads but set monthly goals for agents. They already make good money off the producers and dont nickel and dime expense.

The other thing I saw happening more and more is monthly, quarterly, and by-annual conferences and meetings that cost you money. Even though they try to say they dont do that like the practice company as they put itNAA that they use to work for.

Dont get me wrong, they are very smart business men that are making a lot of money on someone elses idea. Symmetry even admits the system is 99% NAAs structure.  Dont you find it funny how you have to place ads in craigslist to hire people with a title saying, THIS IS NOT NAA? Soon it will say THIS IS NOT SYMMETRY.Obviously the system they
created pissed a lot of people off. I also find it funny that a lot of the top agents and agency managers are broke! Thats because you only hear turned in numbers not issued. Ive seen it with my own eyes. My only point is the owners
of Symmetry may come across as your best friend or the most trust worthy guys but keep in mind they are doing this to make money, bottom line! Be careful and dont shut out other options.

Really,
About this

 If you know how insurance contracts work then you will see how these guys are making more than you off any policy you sell. They start you at 60% which if you check around you can get 80% with free leads all day long if you look, have a license and are willing to travel.