Felicia Said:

does anyone know anything about Primerica/citigroup financial services?

We Answered:

Stay away!!!

Jason Said:

I just attended a Primerica meeting. Something didn't feel right to me. Does anybody know about Primerica?

We Answered:

Bbase on your description, I would feel the same way too. I'm surprise that the office you went to did what they did. I currently work at Primerica and I love my opportunity there. Anyway, lets point out some of things that can raise possible compliance concerns. First, reps are not allowed to use Monster.com or any online resume database to recruit. (Unless this online database was an online job fair). Second, you do not need to provide references nor should the representative require you to do so.

I tell you why I joined Primerica. Even though I didn't have any experience in finance, I knew that middle america are in a huge financial mess. They are buying into cheap mortgages that can cost them alot of money in the long run, they own very expensive life insurance, they don't have a game plan to get out of debt, and majority of them are making bad investment decisions or they are not saving enough toward retirement. I join because I want to help people fix their finances and it doesn't cost the client anything to do it.

I also join the company because I'm allow to recruit people so that we can help more people. I only have 24 hours in a day. I can only do so much. So that's why I go out and find ordinary people like you and me. I do this by going out on the street or do job fairs and ask people if they are looking to make some additional part time income or if they are open to different career opportunities. If they say yes, I'll invite them to the office and see a 90 minute presentation. Then its up to prospects to decide whether they want to pursue this opportunity or go back working in corporate america. The best thing about the Primerica opportunity is that you don't have to quit your job to join (unless your current job is with another financial service company). If people do see the value in this company and they join my crusade to help families get out of debt and retire financially independent, I'll teach then everything they need to know to build a business and how to get promoted. The difference between PFS and corporate world is that we tell you how to get promoted. The company will also help out by teaching new associates on how life insurance works, how mortgages work, finding the right suitability on investing, what you need to do to stay complaint with state and federal laws, what forms you need when selling a certain product, etc.

To start a financial business for just $199 is a joke. Where can you start a business for just $199? No where! If you want to start a business in anything (either food, clothing, ice cream, barber shop, etc), you need to put up lots of capital say about $100k - $500k. Then you need to hire and train workers and pay them. Then you need to pay rent on the building. You also probably going to need a license or a permit to keep the business operating.

At PFS, you can already utilize the office in place and don't pay anything! You can recruit people and the company pays them. Only thing you have to pay is just $199 to get yourself licensed. The company will only pay people who are licensed. Only people who work hard and who are licensed will become wealthy.