Other drawbacks are more than enough to tell you to ditch this company and look for a better option instead. Call us at (920) 898-4232. The motion requests permission to seek reconsideration of the earlier arbitration denial decision, or in the alternative a transfer of the case to Georgia. Company size Large enterprise (150 or more) Jack has had an extensive and successful career in the financial services industry spanning 20 years and counting. PFA may have privately organized under the Laws of Georgia as a different If you think about MLM, isn't Facebook and LinkedIn a few companies that are? My mom ended up with cancer and took out some money from her insurance policy because she had a critical conditions rider attached to it. Disclaimer | For Agent/Broker Use Only | Copyright 2023 Premier Financial, Inc. | Powered by iPipeline, 5955 S. 56th Street, Suite 2, Lincoln, NE 68516 Ph: 402-423-5002 Ph. Whether retirement plans, funding your childs college tuition, or having enough money in the event of an emergency, these are the types of decisions that should be made sooner than later. 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. I'm no financial advisor or a professional in the insurance field, but I dont know if PFA is actually legit. She used that money to pay for her treatments. Chen and Gonzales lawsuit attributes the lack of retail disclosure to PFA. However the same order also stayed the case, pending outcome of a motion to compel arbitration in the 2019 pyramid case. The company give 30% commision because the money not from them but come from the clients money. Both claim to have been deceived into believing PFA was a legitimate way to make money. Daily lunch (Sept 27-29th) Early check in September 25, 2022. 800-480-5005 Fax 402-423-5102, | For Agent/Broker Use Only | Copyright 2023 Premier Financial, Inc. | Powered by. 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. So I went to one of their interest meetings and was really interested by the product and the company so I joined with a fee of $125, I just wanted to know if anyone else had heard of them. Financial security and freedom is an idea that all seek. 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. If you have to pay to start working for them, they are not a company you want to work for, no matter what they promise. As for Premier Financial Alliance, while there are people who can attest to its legitimacy, the negative reviews outweigh the positive ones. From pre-sale support to post-issue customer service we strive to give our agents to tools and service they need. Notify me of followup comments via e-mail. I'm a stay-at-home mom always on the lookout for ways on how to make LEGITIMATE money online. Premier Financial Alliance is an innovative financial planning business that works to help clients and associates create and then actualize their financial goals. 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. What is described in the lawsuit of PFA business model is that of your typical autoship recruitment scheme. The most damning allegations in the new 2019 lawsuit are the targeting of Asian immigrants, and claim that 95% of sales within Premier Financial Alliance are affiliate purchases. From our products and services to all the good we do in our communities. I would NEVER recommend that anybody join an MLM. The same day the cases were consolidated, Girard Sharp LLP was appointed Interim Class Counsel. Living Life by Design Indexed Universal Life1 is customized specifically for and distributed exclusively by PFA. We are a Insurance Broker representing over 50 carriers. Thank you! Ill be checking in for updates on both cases on July 19th, after which our next scheduled case update will be on or around August 20th. 1st client get 30% commission. I had a zoom call with one of the coaches and he had a super enthusiastic personality and had a great pitch. Ask about our exclusive product that offers the potential for a higher guaranteed lifetime income than a traditional fixed annuity. Their three pillars- knowledge, power, and success- are a major part of what makes Premier Financial Alliance the longstanding success it is today. The importance is, is the lawsuit successfully. 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. Haley Piper. This tax season with discounts on tax solutions that save you money, time and stress. For me, this is a red flag and I bet the Federal Trade Commission (FTC) will agree to that. 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. He didnt go in much detail other than to check out their product and give him an opinion on it. Recruitment is wrong for many reasons. Personal Information. Phone number *. I told him I'd rather do some research before I jump in, and he understood and thanked me for coming. Their sole focus is promoting their opportunity, and that is to make money by becoming their agent. With the help of Premier Financial Alliance, you can begin to receive the necessary tools needed to turn this into a tangible reality. The wechat (a popular social networking platform), instagram,facebook, and twitter posts made during the class period boast of luxury vehicles, grandiose trips, expensive fine dining. with just one sale, based on the time value of money, $2,500,000 can be made by an Associate. A hearing to decide the arbitration matter was scheduled for July 19th. Because the Living Life IUL policies are far more expensive than National Life Groups non-Premier Financial Alliance policy alternatives, Premier Financial Alliance agents are unable to sell these Living Life IUL policies outside of the Premier Financial Alliance pyramid. PFA agents or the PFA don't make money on $125 fee. 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. 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. 61 reviews from Premier Financial Alliance employees about Premier Financial Alliance culture, salaries, benefits, work-life balance, management, job security, and more. More or less, it follows a multi-level marketing (MLM) structure that lets people earn by selling their policies and at the same time, growing their team. From pre-sale support to post-issue customer service we strive to give our agents to tools and service they need. The June 25th class-action lawsuit was filed by Plaintiffs Rui Chen and Wenjian Gonzales in California. Broker at Premier Financial Alliance Seal Team. That deterred me from committing. Is he supposed to have used a life insurance for that? Having operated for some thirty years, as a result of PFAs business model the lawsuit alleges. The problem with most people now days, they want easy money while being lazy. Nowadays, people can sue people, company sue company every day. Here is a Blueprintto Owing Highly Profitable Online Business Without Any Experience REVEALED! Premier Financial Alliance Compensation Plan. Headquarters Regions Greater Atlanta Area, East Coast, Southern US. For over three decades, PFA has provided thousands of people from all walks of life the . Money is just by product. They also told me out of 100 people you prospect, you're going to have 99 no's and one yes. with complete knowledge that the Defendants have violated Department of Insurance Guidelines and the anti-pyramid laws, but aided and abetted the conduct of Nationals co-defendants. http://www.slideshare.net/MSchafers/why-robert-kiyosaki-and-donald-trump. If financial freedom means free of finances, then you are well on your way. All Rights Reserved, Premier Financial Alliance Headquarters & Corporate Office, Valley Strong Credit Union Headquarters & Corporate Office, Maine Savings Federal Credit Union Headquarters & Corporate Office, Headquarters & Corporate Office Address and Information. As per a July 1st order however, the hearing was continued till August 20th. Multi Location Business. Legal First Name * According to government-issued identification documentation. Other than MLMs, one of the most questionable products or services is insurance, and perhaps thats one reason why there are people who dont have it yet. And obviously you won't get any results that way will you? This Credit Union is federally insured by the National Credit Union Administration. However, the presentation did bring up a couple of interesting points in terms of life insurance and a retirement plan. Serve your client, Serve your team, and required always put other people first before. Operating Status Active. You can check more insurance companies here. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Ever wanted to have a super profitable online business but lack the ability or desire to create products and struggle to drive traffic, generate leads and convert sales? 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. Recruitment is a part of their system; however, if the attention is put heavily on this, it becomes a red flag. 155 Kapalulu Pl Ste 289. The motion sough to relate the 2018 and 2019 cases, and was granted on March 26th. That being said, its important to do a background check before joining a program; let alone buying a product or service to avoid being scammed. Premier Financial Credit Union. On December 19th, PFAs Motion for Reconsideration was also denied. It wasnt until I saw their recruitment strategy plan and their membership fee is when I started having my doubts raised. Get your ticket. Download the Mobile App. June 25, 2018. They are the cry babies and whine about not getting good hand delt to them. Now I'm literally changing lives. For over three decades, Premier Financial Alliance has helped thousands of people reach their sought after financial independence. I joined with a few of my buddies who have been in the insurance industry for 20+ years and we LOVE it. 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. People from all walks of life, from all around the world, have experienced tremendous success and results from the solutions that Premier Financial Alliance provides. Legal Name Premier Financial Alliance, Inc. Company Type For Profit. My name is Vasiliy Latipov and I help ordinary folks build extremely profitable affiliate marketing businesses (even if they have no experience or list). Chen joined Premier Financial Alliance in 2017 and Gonzales in late 2017 or early 2018. 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