Federal Financial Group LLC?

Quote:






Originally Posted by rvanwoesik
(Post 634525)

We are not just contracted with Aviva. We also represent Allianz, ING, Genworth, Banner, Transamerica and American Equity. It will not effect the sale of FFG, Aviva was a potential buyer not the only buyer. No one has said it had "already been inked" the time of sale has always been based on reaching a certain level of sales, which will be 2014. Don't know where all your negativity is coming from but to be successful you have to believe in yourself and the companies you represent.





Because your post is nothing like what FFG's marketing director and local Xth-level recruiter like to espouse.

1. Aviva represents, or did, 90% of your bread-and-butter. I had heard this from multiple sources in the company, and I'm pretty sure it was referenced in the book I was told to read. Allianz pretty much rounded out the rest. A certain local regional guy all but said he didn't even bother with anything BUT Aviva, with few exceptions.

2. Aviva was mentioned as the de facto buyer. This was explained to me as largely due to the amount of business FFG does for them, 'keeping it under their roof.' See #1, and in part your previous post where you admit Amerus was the primary carrier. The secondary/tertiary carriers are all but not worth mentioning.

Side note - you are now saying the date is 2014. Odd. I was told late 2011. Then 2012. LOL. The best part is the deal with Aviva that, yes, was described as 'all but completed/signed,' was DURING the rumors surrounding the sale of Aviva in the first place. As if new hires don't read the news. Yes, I'm sure Aviva, hurting for money, would be looking to drop $50M (or whatever ridiculous figure was given) while they were courting buyers for themselves! What a joke. As if the mid-tier peons would know what the owner/C-levels were planning for the company - or just what they were TOLD (to tell prospective agents - womp womp).

3. In fact, I was told an offer from Allianz was turned down due to being too low and not some seemingly arbitrary multiple of annual production volume (possibly a legitimate company valuation, but that was not how it came across as)... because the owners were 'holding out for a better deal' for their 'shareholders' and turned down a multi-million dollar offer...

4. Success... what? I'm not sure what you are getting at, or what bearing it has on what FFG has to offer. Sure, one may be able to find success at FFG, as in anywhere, but I'm merely writing about how they promote themselves.

5. Have you read this thread in its entirety?



Is what I have to tell others here of my experience being courted by FFG purely anecdotal? Sure. But it is, as they say, what it is.