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  • Report:  #1284874

Complaint Review: Transamerica Financial Advisors - Glendale California

Reported By:
0class - California,
Submitted:
Updated:

Transamerica Financial Advisors
741 Glenvia St #201A Glendale, California, USA
Web:
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This company is nothing but a Pyarmid Scheme, please read,

I joined this company early 2015 after I heard about it through someone that I know and I joined only because I needed a job to work for and it was a good opportunity for me to get some money but he never told me about the company or how it works and just told me to talk to his manager and the manager called and told me to come for an interview. I first walked in and I met a couple people then I met the manager, I think her name goes by Jasmine and she interviewed me and after told me to come back for a 2nd interview to test my social skills and told me to dress in a business suit. She did not tell me much about the company AT ALL, and I attended that interview and it was a mixer of sorts called MO-ZONE (Motivational Zone) and met some people then they took me to some projection room to do a powerpoint presentation about the company and I was told to come for a 3rd interview. On the third interview, I was offered a position and they told me to pay $100.00 via credit card for a background check and  which I did accept but once I accepted it, it was something I would regret.

After joining the company, it was a decision that was something to regret about. First off, it was very similar to the mixer I had previously attended for the second interview and it was the same but I did not go to the projection room. They made me take 3 classes, Crusades, Orientation, and Scripts, but the one class that really opened my eyes to the true deceptive nature of this company is Scripts. It is a class that describes how to talk to someone to recruit them for the company and they instruct you to say these things and also ease their questions especially when they ask if it is MLM or not. After those 3 classes, you just sit down and watch the meeting go down. The meetings themselves were pretty much attempts of pure brainwashing.

After taking those 3 classes, you just sit through meetings and recruit people until you get to a certain number to attend some of their events, including a major event in Las Vegas around August, but the meetings themselves were more like pure brainwashing. The MO-ZONE that I have mentioned earlier were attempts for the workers there to pretty much talk about how positive the company is and some of the workers and use positive motivational terms like fired up, fire, proud, etc. Then you go to the actual meetings called BPM's and they are literally the brainwashing part of the whole company. First thing they do is ask if you brought your guests, drove your guests, if you dressed "like a million dollars" etc. then they have some workers to volunteer as speakers and the topics are THE SAME, ranging from recruiting people, even your own family to getting rid of negative people in your life and going with positive people, reading tons of books, their life story, to just their "successes" in the company. The workers themselves, some were not even qualified to work there judging by their notes as they spelled some words incorrectly but they use the same topics over and over again and that was where it became a regret. The managers would tell us after meetings for follow up appointments and tell us to read certain books and also to recruit people as the more you recruit, you move up in the company, and everyone encourages it to the point where you recruit your family and friends and they have a formula for that where you ask 100 people, 30 of them would join to the meetings but only 10 would join the company, very deceptive huh.

The thing is, I did not recruit anyone at all because I knew this was deceptive and I unknowingly became a part of such deceptive tactics. They use brainwashing tactics and also the use of events of sorts like Phone-Zone (Where people go on  certain day to call anyone from any phone book on people cell phone), field training, and a big event in Las Vegas in the MGM where the field training and the big event require you to have recruited a certain amount of people. 

Licensing was also full of baloney. They tell you to pay $100 only for you to look into your credit card balance and see that you have a $39 charge for the licensing class online which the company again did not tell you. I left because I am not going to lie to people in order for them to lose out on money just for a lame company that promises good fortune when in reality is just one big pyramid scheme.

Overall, do not join this company at all because the people are very deceptive and manipulative and they only want you to recruit more people just to make money off of them, and to top it off the field training and that big event in Las Vegas could also cost you money. You will not make any money off of them at all so don't join. As I establied earlier, this describes a pyramid scheme due to frequent use of recruiters and use of events to encourage the recruiters to recruit people, including their friends and family.



1 Updates & Rebuttals

Outtahere

California,
USA
WFG NOT A SCAM

#2UPDATE Employee

Thu, February 02, 2017

  I hate it when I hear story's like this. I'm sorry you got hooked up with some people that don't do things the right way. 

  There is nothing deceptive about it. Nothing wrong with the MO-Zone. Don't make it sound like it's some secrete society. It isn't. 

  The self-emprovement is what I like the best. You get to learn from some of the top authors. If you think that isn't worth the 100 dollars alone you are sadly mistaken. 

  I also was lucky enough to help my ex with a insurance company that was trying to rip her off. If it hadn't been for WFG she might have been taken for a ride. 

  Let me know of another way to progress in a company that involves sales other than, promoting a person based on the number of sales he or she makes. 

  The biggest scam of all is that you are settling for the delusion that the company you work for really cares about you. THEY DON'T. You really love sitting in traffic, having to ask for a day off when you've been for a couple of years.  You honestly think you are building your dreams working for someone else and siting a a cubicle. You have got to be kidding me!! Go to Daily Job Cuts and see how many people are loosing their jobs and ask them if they believe in the American Dream. 

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