Equis Financial Reviews

I am a current agent and a leader within the team, I have no plans on leaving the company but feel that things should be brought to light - this is a last resort effort to get some change(because my leader have told members of our team to never consult headquarter for any type of challenge or issue) My comments are not for the whole company but my specific team within the company - which DOES reflect on the entire company. I was initially sold on joining the company a little over a year ago because of a few things. One thing stood out and it was some of the company overview and interview videos with the owners. They claimed that they were the agents' company, they would not push an agent to attend meetings, trainings, conventions etc if it meant putting the family or home life situation on the back burner. Well.... I am here to tell you that they totally twist this fact. In fact, on our team, the regional manager and higher ups require you to attend conventions or you cannot recruit(I am not your employee, required should not be a word I hear.) Also, they make it clear that if you decide not to attend you are not doing what's right for you family even if they have no clue what your family is going through. Now the numbers. They will boast "close 50%" of who you meet. They do not disclose that this is not true in some areas. Depending on numerous factors this number does not always apply. In fact, after speaking with about 4 other top producers, this number is not accurate for them. Keep in mind these agents are from all different parts of the US. Do not buy into the hype. The leads are sold at $46 each for mail-ins and automated call-in leads. The latter type is also sold at other mortgage protection companies for $10-20. Which is more reasonable being that they are of lower quality than direct mail. They also claim that no-one can make it in this business unless they attend conventions. This may be true because they are constantly pounding this statement into every agent's head. If you believe it, it's true. What they don't tell you is that there are plenty of other life insurance companies out they that do not have conventions and they do quite well.( I find it hard to believe the those companies all are failing without conventions) If you come aboard beware of speaking up. They label this as "whining" and being negative. I understand what negative is, but if there is a need to improve, there should be willing ears to hear.

Too many to mention and really too hard for me to express. But Each person pursing this so called opportunity and Dream will have to just find out if it can truly work for them in their own particular situations. But there are a whole lot of out of pocket expenses and costs to calculate against the policies you do sell. And that 70% commission rate they keep on talking about when presenting to hopeful new-comers; it’s for only one product and with one carrier only .... Mutual of Omaha . The rest you better know and understand your commission table at your level. Some will find success and make it but more than not most will quit either sadly and very disappointed in realizing it’s a very very tough industry and there’s a whole lot of running around and a whole lot of cost factors. Don’t fool yourself into thinking you’ll have all this free time either ... plan on a 70 hr week if full time and whatever you do make or earn, believe me it was well deserved!!! None of it comes easy... don’t let yourself be fooled on that and do your comparisons, your homework and boy you better come with your questions so you won’t be duped into a wrong decision. if you do decide this is what you want to do as a way of earning a living, then be strong and deliberate and know what you’re getting into before hand not after the fact when you’re having a total bleed out !