Symmetry Financial Group REVIEW: Symmetry Financial Group clients, feel safe, confident & secure when doing business with SFG. Symmetry is committed to employee satisfaction & success along with exceptional client experiences. Commitment to Ripoff Report Corporate Advocacy Business Remediation & Customer Satisfaction Program, A program that benefits the consumer, assures them of complete satisfaction & confidence when doing business. Swannanoa, North Carolina
Let's begin.
First the company DOES make money from leads that you must buy. $24 for A leads, $8 for B leads, not bad right? The leads are horrible. I received 250 "Fresh" A leads and when I contacted them, some were Dead, others had no idea who I was and why I was calling, When I followed their script, these people had no clue and didn't want any mortgage protection.
Mortgage protection is a dying/dead market right now. Many people are under water and could care less about protecting a mortgage at face value since the house isn't worth it. They do have final expense but push MP
Third, the company is run by two "good ol' boys" and a handful of regulars...these are the people who make ALL the money. I have spoken with several agents all of them have told me they have second jobs to support themselves and their families. THeir commissions start at 50%..one of the lowest in the industry. Like NAA they encourage you to recruit, which I did..my people were ther for months and never made a dime...one had been in insurance for 10 years so I take it he knew what he was doing.
Do your due diligence BEFORE signing up with this company....they are NOT who they say they are. You will NEVER be part of their network..it is a very closed group of people. They will hire anybody as long as you have a pulse.
I have a bad taste in my mouth,,,oh one last thing, when you decide to leavem which you will, you will wait 1-2 months before they will release you...why? Who knows...
1 Updates & Rebuttals
jnwiseguy
Swannanoa,North Carolina,
United States of America
Let's set the record straight
#2UPDATE Employee
Fri, January 25, 2013
I'm not sure if this is just an underhanded flaming attempt by a competitor, but it's clear that this poster either never worked for Symmetry or is extremely confused, because the "facts" here aren't even close to true.
First of all, generating good leads is extremely expensive. Symmetry pays between $40-75 to generate each lead. I buy new leads for $26. What that means is that Symmetry invests in each one and if they were bad we'd both go broke. In fact, only agents that have proven that they're doing a good job for the customers are allowed to buy new leads, exactly for that reason. Nobody, not even the most competent broker, buys 250 of them. Let alone someone who this is clearly a bad fit for. They'd never allow that.
I generally buy 10 of them per week, which usually yields 8 appointments and 4-7K production. I'm thrilled to shell out $260 for 10 families I can help and turn that into $2500 in my paycheck the next week. In other words, I have a business with 10-15% overhead. That's a pretty darn good margin, and I'm thrilled to have that opportunity. The families I see are usually receptive, grateful, and come back to me when they need anything else. My retention is at 91%.
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.
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.
As to whether the market is dead or the leads are bad or the inner group is closed or any of that other hogwash you're throwing out there, results are what talks. SFG has doubled in size every year, 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.