WMA Securities false promises Cash Cow for the Mormons LDS Church Duluth Georgia
Last year I attempted to start a "career" with WMA Securities.
After I had paid my fees, paid for and passed my insurance and securites classes and tests, I received very little assistance to start my "business". I soon discovered that the only people making or claiming to make any money were mormons.
At a "event" in Nevada I found out the founder and almost all of the Marketing Directors and higher ups are mormons. Is it possible that WMA exists to be a Cash Cow for the LDS Church?
Are there any other former reps out there with similar stories?
Kevin
Dayton, Ohio
1 Updates & Rebuttals
Todd
Los Angeles,California,
U.S.A.
Lots of Vietnamese Mormons getting rich in L.A.
#2UPDATE EX-employee responds
Mon, April 07, 2003
WMA sells primarily life insurance products - and if you're a good life insurance "salesman" you can make a good living with WMA. It's not inlike being an agent for Farmers or Prudential or whatever.
To blame the Mormons for your inability to sell life insurance is akin to the Germans blaiming Jewish bankers for economic troubles prior to World War 2.
I am a former WMA agent, too. I also got licensed, but proved to be a poor insurance salesman, so I moved on to something else and appreciated the opportunity I had to try.
Note that, in Los Angeles, the most successful agents happen to be Vietnamese. Sorry this doesn't fit into your conspiracy theory.