Primerica
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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?
Primerica…HORRIBLE is being super kind. Ever heard of “World Group Securities”? Primuckia makes them look good.
I was approached by Darren the intern at Kramerica industries once. I should have taken that job.
How C has managed to keep this PONZI scheme going for so long is a mystery and a shame!!!
[quote=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?
[/quote] 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.Spiffy-
Are you insinuating that Jones is a pyramid scheme.
I told you someday you would see the light!
[quote=Spaceman Spiff][quote=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?
[/quote] 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. [/quote]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.
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.
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.
[quote=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.[/quote]
not “somehow”…they are a wholly owned subsidiary of Citibank…that is unless Morgan wants to buy them
There are several suicide hotlines in place if she’s seriously considering working there.
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