Why Joining Symmetry Financial Group May Not Be the Right Move for You

If you’re considering a career with Symmetry Financial Group (SFG), it’s crucial to pause and reflect. Having recently undergone the experience myself, I can share that it proved to be a fruitless venture in terms of time, energy, and finances. The real opportunity they advertise often falls short of expectations.

Here are several key insights that you may not be aware of until you’ve already committed:

1. An MLM Disguised as a Financial Agency

While SFG presents itself as a life insurance agency, the underlying structure resembles a multi-level marketing (MLM) system. The focus here is not solely on selling insurance; rather, you’re continually encouraged to recruit others and expand your team. Your income potential depends more on building this network than on effectively selling insurance products.

2. Out-of-Pocket Expenses

As a 1099 contractor, you will incur various costs, including those for training, licensing, and notably, lead generation. Unfortunately, many of the provided leads are outdated or unqualified, leading to frustration and wasted investment as you find yourself pursuing uninterested prospects rather than closing sales.

3. Work-Life Balance: A Misnomer

Though SFG promotes the idea of flexibility, the reality often involves an overwhelming time commitment. To simply break even, expect to invest considerable hours into calling leads, attending meetings, and managing client appointments. If results aren’t forthcoming, you’re likely to hear the refrain that you need to exert even more effort.

4. Commission-Only Structure

The company operates on a strictly commission-based income model, meaning that financial stability is elusive. Without successful closes, your earnings will reflect that, leaving you without any safety net. Many new recruits find themselves incurring debts without sufficient returns, leading to potential financial strain.

5. A Culture of Toxic Positivity

Criticism is not easily tolerated within the organization. If you encounter difficulties, you’re often told that you aren’t adhering to the system or don’t possess enough drive. This perpetuates a culture that resembles a cult-like atmosphere, where constant motivation overrides genuine concern for individual struggles.

6. High Attrition Rates

The turnover rate at SFG is notably high, and it’s not just because individuals lack ambition. Many leave disillusioned after realizing that the reality differs significantly from what was initially presented. The company continuously recruits new agents, profiting from