Primerica

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Jan 15, 2009 12:49 pm

My unemployed friend was approached by someone from Primerica.  She is not currently an FA, but she has a Finance background.  Any advice for this person?  Do you know of any neutral, legitimate website that I could point her to?

 
 
Jan 15, 2009 1:59 pm

As fast as she can!

Jan 15, 2009 2:09 pm

Primerica....HORRIBLE is being super kind.    Ever heard of "World Group Securities"?  Primuckia makes them look good.  

Jan 15, 2009 3:27 pm

I was approached by Darren the intern at Kramerica industries once. I should have taken that job.

Jan 15, 2009 4:38 pm

How C has managed to keep this PONZI scheme going for so long is a mystery and a shame!!!

Jan 15, 2009 5:05 pm
EXMerrillFA:

My unemployed friend was approached by someone from Primerica.  She is not currently an FA, but she has a Finance background.  Any advice for this person?  Do you know of any neutral, legitimate website that I could point her to?

 
 

Here you go:
 
www.marykay.com
www.arbonne.com
www.pamperedchef.com
www.amway.com
www.partylite.com
www.tupperwarebrands.com
 
Those are the most neutral, legitimate MLM websites I could think of.  You might want to include this one too:
 
www.edwardjones.com
 
Primerica isn't a Ponzi scheme.  It's a multi level marketing program that sells investments and insurance instead of candles, sex toys (didn't include that link for compliance fears), or kitchen stuff. 
 
Jan 15, 2009 5:26 pm
Those are the most neutral, legitimate MLM websites I could think of.  You might want to include this one too:
 
www.edwardjones.com

Spiffy-

Are you insinuating that Jones is a pyramid scheme.

I told you someday you would see the light!
Jan 15, 2009 5:56 pm

I'm dying here!!!!

Jan 15, 2009 6:29 pm
Spaceman Spiff:
EXMerrillFA:

My unemployed friend was approached by someone from Primerica.  She is not currently an FA, but she has a Finance background.  Any advice for this person?  Do you know of any neutral, legitimate website that I could point her to?

 
 

Here you go:
 
www.marykay.com
www.arbonne.com
www.pamperedchef.com
www.amway.com
www.partylite.com
www.tupperwarebrands.com
 
Those are the most neutral, legitimate MLM websites I could think of.  You might want to include this one too:
 
www.edwardjones.com
 
Primerica isn't a Ponzi scheme.  It's a multi level marketing program that sells investments and insurance instead of candles, sex toys (didn't include that link for compliance fears), or kitchen stuff. 
 



No it's not a Ponzi scheme, but everything I've seen and heard suggests it is a low-quality shop.

If you're sold bad makeup by a Mom running a Mary Kay gig in her spare time, you might look a little silly or maybe break out in a rash.

However, if you spend 10 years plowing money into a lousy VUL policy sold to you by a poorly trained rep from World Financial or Primerica, it can be financially disastrous to the tune of thousands of lost dollars.

Just food for thought.

Jan 15, 2009 9:03 pm

One of the sleeziest outfits i have seen, they are affiliated with C some how. You get the sense dealing with them they are working out of their garage. Even their reps know what they are doing is dishonest.

Jan 15, 2009 10:30 pm

primerica is the chop shop of the financial services industry.  i remember going to one of their recruiting seminars in college to check it out.  i think that probably 90% of the people in the room didnt have a high school education.   they loved to tout the citi name, as if that means something anymore.

Jan 15, 2009 11:07 pm
kappa1997:

One of the sleeziest outfits i have seen, they are affiliated with C some how. You get the sense dealing with them they are working out of their garage. Even their reps know what they are doing is dishonest.



not "somehow"...they are a wholly owned subsidiary of Citibank....that is unless Morgan wants to buy them

Jan 16, 2009 12:54 pm

There are several suicide hotlines in place if she's seriously considering working there.

Jan 16, 2009 2:24 pm

If you just sign up to browse Monster or CareerBuilder you'll get an inbox full of emails from "Vice Presidents".