WealthWave, LLC
Real term, indexed universal life and annuity products from A-rated carriers, sold to real households on a plan funded entirely by carrier commission - attached to a books-and-software layer sold back to the field at $217 a month and a vesting schedule you are shown only after you resign.
The insurance side is genuine and carrier-funded; the participant side asks for three to four unpaid months to license, a materials stack that can reach $5,400 in year one, and an exit whose chargebacks are permanent while its vesting is "if applicable."
Can you actually make money with WealthWave?
Yes, under conditions, and the structure earns its credit first. Every dollar of commission here is funded by an insurance carrier on a policy sold to a real household. There is no inventory, no pack, no autoship and no minimum personal purchase to be commission-eligible. Cash entry is $100 to apply and $25 more when you license, then $15 a month for the platform. On the money side this is a licensed insurance career, not a product-buying scheme.
Now the conditions, starting with time. Licensing takes three to four months by the company's own expectation, and no compensation of any kind may be paid before it lands. The contracting organization's dated disclosure puts the average paid to life-licensed agents across the United States and Canada in 2025 at $11,443. That is a mean rather than a median, it excludes everyone still unlicensed, it blends Canadian and United States dollars at par, and the disclosure states that business expenses are not included in it.
Those expenses are where the decision actually sits. Run the full marketed stack, meaning the platform fee, the Pro software tier with add-ons, the $217-a-month Book Club and one convention with travel, and year one costs about $5,392. Earn the disclosed average on top of that and you net about $6,000. Run the minimum viable configuration at roughly $482 and the same average nets about $11,000. That gap is entirely within your control and almost no recruiting material frames it.
Two things about the exit, because they run in opposite directions. Advanced commissions are clawed back if a client cancels, in the organization's own words even after you leave, and a negative balance becomes a debit balance that transfers with you into your next hierarchy. Against that there is no published vesting schedule anywhere. The exit page says a terminating agent will receive commission vesting information if applicable: conditional, unspecified, and sent after the resignation email has gone.
$100 associate application (identity check) before licensure, $25 more on licensing, or $125 if already licensed - then $15/month platform fee, and three to four months during which no compensation of any kind may be paid
- You can go three to four months with no income from this while you license, and you already know what those months cost your household. No compensation is permitted before licensure, and that period is nowhere costed for the recruit.
- You will run the minimum configuration and buy your way up only when production justifies it. The distance between a $482 year and a $5,392 year is the largest variable you control here, and it is bigger than most first-year commissions.
- You want to sell insurance to households rather than build an override organization. Advancement is recruiting-gated at every level, from three recruits for Training Agent up to three legs and ten licensed downline agents for Senior Marketing Director.
- You ask for the vesting schedule and the full agent agreement in writing before you sign, and you accept whatever answer comes back. Neither is public, and the chargeback is permanent and travels with you while the renewal entitlement is if applicable.
That call is computed, not chosen - the rule reads three of the nine published dimension scores and is printed on the methodology page. It describes this company's plan and the figures it publishes about the people already in it. It is not a prediction about you, and nothing on this site is advice.
Legal status
LEGAL - and the two regulatory files must be read separately. On state insurance licensing: no Department of Insurance order, consent order, cease-and-desist, fine, suspension or revocation naming WealthWave, LLC could be located in any source reviewed, nor any FTC action, and no self-regulatory case; that is a genuinely clean firm-level record on the searches performed, qualified only by the impossibility of a systematic fifty-state producer-discipline sweep. The insurance-conduct file on the contracting independent marketing organization is Canadian and is stage-labeled: an Ontario regulator enforcement notice in April 2023 raising supervision concerns over 10,000-plus agents (allegations, not findings), a voluntary supervisory undertaking a month later, and a CAD $50,000 administrative monetary penalty in May 2024 for having compensated an unlicensed agent who wrote 58 policies. On securities: fixed indexed universal life and fixed indexed annuities are not securities under federal law - Rule 151A was vacated in 2010 and Dodd-Frank §989J preserved state regulation - and variable universal life, variable annuities, mutual funds and 529 plans are sold only by the registered subset, through the affiliated broker-dealer Transamerica Financial Advisors, LLC, whose BrokerCheck record shows nineteen final regulatory events, all settled, the largest a December 2020 FINRA acceptance-waiver-and-consent (neither admitted nor denied) carrying a $4.4 million fine and $4,354,000 in restitution. Separately, a California wage-and-hour and PAGA action alleging misclassification of sales agents settled for $65 million gross across roughly 380,000 agents, with a final approval hearing set for 28 October 2025 - a settlement, with no admission reported and none to be inferred, and not a finding that the plan is a pyramid. One disambiguation the reader will need: the UK Financial Conduct Authority published a warning-list entry on 9 February 2025 for a firm called "Wealthwave" at wealthwaveapp.net. That is a different company at a different domain, a warning listing is not a finding of liability, and no evidence of any connection to wealthwave.com was found.
Confidence: Medium-High
Primary sources fetched directly where possible. Everything we could not verify is listed at the bottom of this page by name.
Follow the money
Start with what is real, because it is real and the rest of this report depends on saying so plainly. The field sells term life, indexed universal life and annuities from A-rated carriers - principally Transamerica Life Insurance Company, with National Life Group and Pacific Life named in a plaintiff-side source, and the legacy Western Reserve Life family appearing by name in the compensation tables - to ordinary households, alongside disability and long-term-care cover. The scale is corroborated not by the company but by a listed parent: over 95,000 licensed agents at the end of 2025 and a record 30% increase in individual new life sales in 2025 against 2024. And the plan is funded entirely by carrier commission on a points pool calibrated to products from an insurer owned by a public company, with nothing whatsoever depending on recruit inflow - no entry fee that becomes anyone’s income, no inventory, no pack, no autoship, no minimum personal volume. Persistency is measured on a tracked block with a 120-day seasoning definition, a 75% floor and a 100% clawback of bonus money when it is breached. A scheme indifferent to whether the customer keeps paying does not build that.
Now the structure, because it is the thing most participant-facing material does not make explicit. WealthWave is not a carrier, not an insurance agency and not a broker-dealer. It is a marketing, branding, training and publishing overlay: it owns the brands, a technology subscription, an events business, a leadership center with television studios in Georgia, and four books sold to the field by the case and by monthly subscription. Every dollar of commission and override the participant earns flows from the contracting independent marketing organization - a large Atlanta- and Cedar-Rapids-headquartered outfit owned by the Dutch-listed insurer Aegon - through that organization’s contract-level schedule. WealthWave pays the participant nothing. It sits entirely on the cost side of the ledger while the income side belongs to someone else, and its own convention-site footer states that it is a marketing company and that it "is not an affiliated company of" the insurance agencies involved. Two counterparties, each formally disclaiming responsibility for the other’s half of the arrangement.
The entry cost is not the fee, and this is where the arithmetic turns. An unlicensed recruit pays $100 for an associate application and $25 more when licensed. But no compensation of any kind may be paid before a state license is issued; unlicensed associates may not sell even a referral product, may not access the agent portal, and cannot contact the home office directly. The company’s own published expectation is that many agents license within three to four months, and the onboarding platform allows nine months with a one-time three-month extension before access lapses and the recruit must reapply. Cash out across four worked states is roughly $400 to $650. The real cost is two to four months - up to a year for anyone who stalls - of unpaid work, during which the recruit is expected to recruit on a platform built for it, and during which, per the onboarding FAQ, until the recruiter becomes a licensed agent "all overrides from their licensed recruits will go to the next licensed upline in the hierarchy." The unlicensed recruit’s recruiting labor has positive monetary value, to somebody else. Their natural market is also spent at the point of lowest competence.
Then the materials layer, which is unambiguously a profit center sold to the field. A Book Club subscription is $217 a month for a case of 62 copies, shipped whether or not the previous case moved, of a book with a $16.99 reference price that essentially nobody pays - consumers receive the printed book free from an agent and the ebook free in thirty-minute, eight-minute and two-minute versions. That is $2,604 a year. Two company stores price the same title from $3.50 to $6.25 a copy, a 79% spread. The software tier runs $39 to $49 a month with four add-ons totaling about $45, or $413 a month at VIP whose only published differentiator is that the add-ons are included - 4.4 times the à-la-carte sum of its stated contents, on a checkout page still carrying Lorem ipsum. A paid designation is $1,295 plus a $500 annual registry fee plus $500 per class taught. None of it is required for any advancement; all of it is culturally expected. Assembled, the "run the system" year-one configuration is about $5,392 against a disclosed average annual cash flow of $11,443 before expenses. The minimum viable configuration is about $482, and that gap is entirely within the participant’s control.
And the exit. There is no published vesting schedule: a terminating agent is told they will receive "commission vesting information if applicable," in the confirmation that arrives after they resign. Chargebacks are stated to survive departure expressly - "even if it’s after you leave" - debit balances transfer with the participant into a new hierarchy and roll up to an upline who has pre-signed acceptance of the debt, clients and client files are restricted, downline agents are restricted by the same clause, carrier appointments terminate, and errors-and-omissions cover is claims-made so the tail liability is the departing agent’s to keep funding. The state license, correctly and creditably, remains theirs. Everything built on top of it does not.
Where the field commission pool goes on a fixed-product sale
From the contracting organization’s own United States Compensation and Advancement Guidelines, updated January 2022. These are shares of the total commission the carrier pays to the field on the product, not percentages of premium. The writing agent’s own share depends on their contract level: 25% at Training Agent, 35% at Agent, 45% at Senior Agent, 50% at Marketing Director, 65% at Senior Marketing Director.
| Product | Price | Pays |
|---|---|---|
| Associate application - unlicensed entry Paid to the contracting organization, described as being in part for an identity check. Buys entry to the onboarding platform, which grants nine months to license plus a one-time three-month extension. No compensation of any kind may be paid during that period. |
$100 one-time |
— |
| Agent application on licensing Covers a background check, a producer-registry check and the first two months of errors-and-omissions cover. A recruit who is already life-licensed bypasses the associate route and pays $125. The securities-only application fee is $125, non-refundable, payable by money order or cashier’s check - an irrevocable instrument with no card chargeback. |
$25 one-time |
— |
| Platform fee / Access Pass Paid to the contracting organization for technology tools, with a two-month grace period after licensing. The fee increases for participants who also hold a securities license, and the full schedule above the base is not published. Errors-and-omissions premium is bundled into it rather than priced separately, so the participant cannot see what they pay for cover versus for software. |
$15/mo US, $30/mo Canada recurring |
— |
| WealthWaveONE Basic Genuinely free and worth stating: complete agent training, a fast-start asset library, presentations and a dashboard digest at no cost to WealthWave. A participant can operate on this tier at zero. It is the single most useful fact in the cost section and it is not the tier the culture points at. |
Free recurring |
— |
| WealthWaveONE Pro plus add-ons Pro adds branded agent websites across three brands. The four add-ons are a WealthWave email address at $8, a HowMoneyWorks email address at $8, email marketing with pre-approved templates at $19, and Agent Training Team Control at $10 - the last being surveillance of your downline’s course progress, sold to you as a priced feature. Three concurrent Pro prices appear on the live page. |
$39–$49/mo + $45/mo recurring |
— |
| WealthWaveONE VIP The only stated differentiator from Pro is that the add-ons are included, which values the tier at 4.4 times the à-la-carte sum of its own published contents. No VIP feature list could be obtained, so this is either a disclosure failure or a pricing anomaly. The checkout page still carries unreplaced Lorem ipsum placeholder text. |
$413/mo recurring |
— |
| Book Club subscription One case of 62 books every month whether or not the previous case moved, at $3.50 a copy against a $16.99 reference price that consumers do not pay - they receive the printed book free from an agent or the ebook free in three lengths. $2,604 a year. Gated on a field educator code. The historic price on the same live store was $155 a month at $2.50 a copy, a 40% increase. Three of the six stated benefits are about the upline’s ability to monitor and duplicate behavior. |
$217/mo recurring |
— |
| CFEd designation route Paid to an external institute, not to WealthWave: $1,295 for a self-study course and online exam, $500 a year for the instructor registry, $500 per class taught. Requirements are three years in financial services, self-study materials, an exam, and twelve annual CE hours of which two are reading the issuer’s monthly website articles. The issuer’s own selling point is that it "creates an image for the financial professional as an educator or teacher rather than a sales person." Priced as paid lead generation, not professional development. |
$1,295 + $500/yr + $500 per class one-time then annual |
— |
Who runs it, and what they ran before
His own website states both roles plainly, which is to his credit as disclosure. Stated neutrally, the structure is this: as a senior field officer of the contracting organization he receives generational overrides and bonus-pool distributions on the production of the hierarchy beneath him, which includes the WealthWave field; as founder and chief executive of WealthWave he owns the entity that sells that same field its brand, its books, its software and its event tickets; and he is co-author of the books the field is encouraged to buy by the case. That is not an allegation of wrongdoing and both roles are public. It means the person who designs the system the field is told to follow is also the vendor of the system’s consumables and a beneficiary of the field’s production. His biography describes over three decades in the industry and a team of "over 30,000 people" - which is a downline, not a payroll. No adverse regulatory record naming him personally was located in state insurance disciplinary databases, FINRA BrokerCheck individual records or SEC administrative proceedings; that is a negative finding on the searches performed, not a clean-bill certification.
Co-author with Tom Mathews of "HowMoneyWorks: Stop Being a Sucker," confirmed by book listings and archival records. He is an author and speaker rather than, on the evidence available, a WealthWave officer. He is listed here because the publishing side is a material part of the participant’s cost base and because authorship is one of the few facts about the entity that can be verified from a primary source.
WealthWave publishes no corporate leadership page, no board, no ownership disclosure, no financial statements, no income disclosure of its own and no compliance contact. The homepage’s "leadership" section is a rotating quotation from a field leader rather than a management roster. An organizational-chart aggregator shows unnamed chief-marketing-officer and senior-vice-president nodes and marks the whole chart "Unverified." It is not accredited by the Better Business Bureau. The inversion is the point worth recording: the licensed layer beneath it publishes a president, press releases, a dated earnings disclosure and a step-by-step exit procedure, while the unlicensed branding layer doing the recruiting publishes none of those things.
The technical proof that the field is not WealthWave’s field is unambiguous. The account-setup form for WealthWave’s own paid platform requires an agent ID issued by the contracting organization, so the subscription is only sellable to people already contracted elsewhere. The "Get Started" call-to-action on WealthWave’s own blog template resolves to the contracting organization’s recruit-onboarding platform. The sequence is: recruit under WealthWave branding, onboard through the other organization’s platform, license with the state, contract with its agency, sell its carriers’ products, and pay WealthWave separately for brand, books, technology and events.
Registered address
WealthWave Leadership Headquarters, 190 Bluegrass Valley Parkway, Alpharetta, Georgia, USA
The addresses map the structure better than any prose can. WealthWave’s own money sits in Alpharetta - the leadership center, the TV studios and the book store at 3030 Royal Boulevard South. The insurance license, the agency contract and the commission check sit elsewhere, in Johns Creek, Georgia and Cedar Rapids, Iowa, under a different owner: a large independent marketing organization owned by the Dutch-listed insurer Aegon and distributing principally under the Transamerica brand. WealthWave’s own convention-site legal footer states that it is a financial education and financial services marketing company and that it "is not an affiliated company of" the insurance agencies through which its field’s products are sold. So the participant contracts with two organizations that each formally disclaim responsibility for the other’s side of the ledger: costs with one, income with the other. WealthWave, LLC is privately held and files no accounts; third-party revenue estimates run from $69 million to $500 million, which is not a range but an absence of data.
The veteran's checklist
Eight questions that decide whether this is a business or a transfer mechanism. Same eight, every review.
| Question | Answer |
|---|---|
| Who legally owns it, and who actually pays you? |
CONCERN
WealthWave, LLC is a Georgia limited liability company that owns the brands, books, software and events - and pays the participant nothing. Commission and overrides come from a separate contracting independent marketing organization owned by the Dutch-listed insurer Aegon. WealthWave’s own footer states it is not an affiliated company of the insurance agencies involved. Two counterparties, each disclaiming the other’s half of the ledger.
|
| What does it really cost? |
CONCERN
$100 to enter unlicensed and $25 more on licensing, plus $150–$650 of course and state fees, plus $15 a month platform. Then the optional-but-expected layer: $39–$49 software plus $45 of add-ons, or $413 at VIP; $217 a month for books; $1,295 plus $500 a year for a designation. Minimum viable is about $482; "run the system" is about $5,392; the upper configuration is about $11,515.
|
| Published income disclosure? |
WATCH
Yes, from the contracting organization, not from WealthWave: an average of $11,443 paid to life-insurance-licensed agents in the United States and Canada in 2025, revised 6 March 2026, explicitly before business expenses. It is a mean, not a median; no median is published; and every unlicensed associate - all of whom earned nothing - is outside the denominator.
|
| Is any of your own capital at risk in the securities sense? |
OK
No. No capital contribution, no deposit, no promised return, no revenue share, no equity, no token, no staking, no pool of participant funds and no balance to withdraw. The only balance that exists is a debit balance the participant owes. Client-side securities - variable annuities, variable universal life, 529 plans through the affiliated broker-dealer - are the client’s exposure, not yours.
|
| How long before you can earn anything? |
CONCERN
Three to four months on the company’s own published expectation, with a nine-month platform deadline and a one-time three-month extension. No compensation of any kind may be paid before licensure, no referral products may be sold, there is no portal access, and any overrides from recruits who license before you go to the next licensed upline.
|
| Regulatory action against the named company, ever? |
OK
None located. No state Department of Insurance order, consent order, cease-and-desist, FTC action or self-regulatory case naming WealthWave, LLC. That is a genuinely clean firm-level record on the searches performed, qualified by the impossibility of a fifty-state producer-discipline sweep. Note separately that a UK Financial Conduct Authority warning listing for a similarly named firm concerns a different company at wealthwaveapp.net.
|
| What happens to your book, your renewals and your downline if you leave? |
RED
You keep your state license. You lose your carrier appointments. Clients, client files and downline agents are all restricted by clauses that survive termination. Chargebacks follow you expressly, "even if it’s after you leave," and debit balances transfer and roll up. Vesting is "commission vesting information if applicable," disclosed only in the confirmation after you resign. No schedule is published anywhere.
|
| Merchant play or miner play? |
WATCH
Genuinely mixed, which is unusual. The money is merchant money - real premium from real third-party households, no inventory, enforced persistency, carrier-funded. The career is a miner’s career: advancement is recruiting-gated at every level, generational overrides do not exist below Senior Marketing Director, and reaching it requires ten licensed downline agents. A participant who never recruits earns 25–45% of the field pool on their own sales and nothing else, forever.
|
What has to be true for you to get paid
| To cover | You need |
|---|---|
| Get licensed, contracted and appointed | ≈$400–650 plus 6–16 weeks unpaid $100 associate fee, $25 on licensing, ~$150 course, and $57 (Michigan) to $405 (Illinois) in state exam, application and fingerprint fees |
| Fund the "run the system" year-one configuration | ≈$5,392 platform fee, Pro tier plus four add-ons, the $217-a-month Book Club, one convention with travel |
| Cover that stack from personal commission alone | ≈6 average policies the plan’s own worked example is a $185-a-month premium producing $2,775 to the field; an Agent at 35% nets about $971 a policy |
| Actually clear the disclosed average after costs | roughly the average, twice $11,443 gross average, less ≈$5,392 spent, is about $6,000 for the year - or about $11,000 on the ≈$482 minimum configuration |
Read this twice
Two numbers do most of the work here and both come from the operators themselves. The first is the disclosed average: $11,443 paid to life-insurance-licensed agents in the United States and Canada in 2025, revised 6 March 2026, with the disclosure stating in terms that agents are independent contractors responsible for their own business expenses and that those expenses are not included. The second is the licensing rule: no commission or other compensation may be paid before a proper license is issued, and the company’s own published expectation is that many agents license within three to four months. Put those together and the shape of year one is clear. For the first two to four months the participant earns nothing by rule, cannot sell even a referral product, has no portal access and cannot contact the home office directly - while being expected to recruit on a platform designed for it, with any overrides from recruits who license first diverted, per the onboarding FAQ, to "the next licensed upline in the hierarchy." At an illustrative $20 an hour, roughly 146 hours of study and effort over twelve weeks is about $2,900 of foregone value, which dwarfs every disclosed fee. That is the real entry cost and it is structurally invisible because nobody bills it. Three caveats cut the company’s way and belong here. The disclosed average is a genuine, dated, specific figure with an explicit statement that expenses are excluded, which is more than much of this sector publishes. The minimum viable configuration is real: the Basic software tier is free, no purchase conditions any advancement, and a disciplined participant can be in for about $482. And the fee guidance is honest to the point of being conservative - the organization tells recruits exams cost "approximately $100" when the actual national range is $29 to $96. What is missing is what would let anyone model this properly: no median, no figure that includes unlicensed associates in the denominator, and no published rate at which onboarding-program entrants actually get licensed within their nine months.
Run your own numbers
Drag the sliders. Nothing here is stored or sent.
First-year commission on a typical policy at an entry contract level of 25%, so this does not compound and the churn slider is disabled. Cost reflects the roughly $5,400 a year it takes to run the system, including a $217-a-month book subscription. Three things the model cannot show: you cannot legally be paid anything for the three to four months it takes to get licensed, and your overrides go to the next licensed upline in the meantime; advanced commissions are clawed back even after you leave; and there is no published vesting schedule - it is disclosed only once you resign. The disclosed 2025 average across life-licensed agents was $11,443 before expenses. Your own subscription cost of $450/mo is included.
What it costs to replace this yourself
WealthWave’s and the contracting organization’s own published prices against ordinary open-market equivalents at comparable function. Two honest notes travel with this table. First, the carrier products themselves are not the problem - the premium belongs to the carrier and the client pays the same either way; the comparison there is about where the producer’s contract sits, and the same carriers can be contracted through ordinary independent brokerages at street-level commission with no layer above. Second, the books-and-materials layer has no open-market equivalent at all, which is precisely why it is a profit center: a captive market of licensed agents buying a prospecting device from the organization that designed the prospecting method.
| What they sell you | What you'd use instead | Your cost |
|---|---|---|
| WealthWaveONE Pro plus all four add-ons - ~$94/mo | A mainstream website builder, business email on your own domain and a standard email-marketing tool | ~$25–45/mo |
| WealthWaveONE VIP - $413/mo | The same three tools plus a mainstream CRM with automation | ~$60–120/mo |
| Two branded email addresses - $8/mo each | One business mailbox on a domain you own and keep | ~$6/mo |
| Agent Training Team Control - $10/mo | Nothing; it monitors your downline’s course progress, not your production | $0 |
| Book Club - $217/mo for 62 copies of a $16.99 book | The publisher’s own free consumer ebook, or a short print run of your own compliant leaflet | $0–60/mo |
| Books by the case - $310 for 62, or $125 for 20 at the second store | Any general-market personal-finance paperback bought at volume | ~$4–8 a copy |
| CFEd designation - $1,295 plus $500/yr registry plus $500 per class | State continuing education at $5–15 a credit hour, or a nationally recognized planning credential with a real examination | ~$75–150 a renewal cycle |
| Convention ticket plus travel and hotel - ~$1,000 all-in | Carrier and industry conferences, many of them free to appointed producers | $0–400 |
| The carrier products - Transamerica term, indexed UL, annuities | The identical carriers’ products through an ordinary independent brokerage | same premium to the client, typically a higher share to you |
| Total as sold ≈$5,392 in year one on the "run the system" configuration; ≈$11,515 on the upper one |
Total, built yourself ≈$500–900 of comparable tools and continuing education |
Price-to-value
The tools gap is real but modest in absolute terms - a few hundred dollars a year of overpricing on software, and a $413 tier whose published contents are worth $94. The gap that decides the exercise is the materials layer, because there is no open-market equivalent for it and because it is the largest single recurring line: $2,604 a year of books that the end consumer receives free. The most important comparison, though, is the one at the bottom of the table. A licensed producer can contract the same carriers through an ordinary independent brokerage, keep a higher share of the same premium, publish their own marketing, own their own domain and client files, and negotiate their own vesting. What they give up is the training, the community, the events and the recruiting hierarchy - which for some people is genuinely worth paying for, and for a first-time salesperson with no natural market may be worth a great deal. That trade should be made with the numbers in front of you, and this table is those numbers.
Three operators, five horizons
Probability of cumulative net profit
Hover any point for median, top decile and bottom quartile.
Already-licensed producer
holds a life license, real natural market, minimum configuration, ignores the materials treadmill
| Horizon | P(profit) | Median |
|---|---|---|
| 3 mo | 34% | −$150 |
| 6 mo | 42% | +$300 |
| 1 yr | 46% | +$1,400 |
| 3 yr | 48% | +$6,000 |
| 5 yr | 49% | +$12,000 |
Unlicensed part-time recruit
10 hrs/wk, licenses in three to four months, Pro tier and some books
| Horizon | P(profit) | Median |
|---|---|---|
| 3 mo | 2% | −$700 |
| 6 mo | 7% | −$1,300 |
| 1 yr | 14% | −$2,400 |
| 3 yr | 21% | −$4,500 |
| 5 yr | 23% | −$5,800 |
Full-time builder running the system
40+ hrs/wk, Book Club, convention, designation, recruiting toward Senior Marketing Director
| Horizon | P(profit) | Median |
|---|---|---|
| 3 mo | 1% | −$1,900 |
| 6 mo | 4% | −$3,600 |
| 1 yr | 9% | −$5,400 |
| 3 yr | 16% | −$9,000 |
| 5 yr | 19% | −$11,000 |
Methodology note. These are modeled outcome ranges, not claims, not projections and not anybody’s promise. ANCHORED to published figures: the disclosed 2025 average of $11,443 paid to life-insurance-licensed agents before expenses; the plan’s own worked example of a $185-a-month premium producing $2,775 to the field, giving about $971 to an Agent at the 35% contract level; the contract-level ladder of 25/35/45/50/65%; the rule that no compensation may be paid before licensure and the company’s own three-to-four-month licensing expectation; and the published cost side - $100 and $25 in application fees, $15 a month platform, $39–$49 plus $45 in software, $217 a month for books, $1,295 plus $500 plus $500 for the designation, $100 convention tickets, and state licensing costs of $57 to $405. MODELED by us: the share of each cohort in cumulative profit at each horizon, the cohort definitions, which neither organization segments, and the dollar spread between the median, top-decile and bottom-decile outcomes. Two calibrations matter and both are honest. The first cuts against the company: no median is published anywhere, and the disclosed mean excludes every unlicensed associate - all of whom earned nothing - from its denominator, so the true central outcome across everyone who signs an agreement is certainly below $11,443 and cannot be computed from public data. The second cuts for it: the minimum configuration is genuinely about $482, the free software tier is real, and no purchase is a condition of any advancement, so a licensed producer with a real natural market who declines the materials treadmill sits materially better than the two builder cohorts here. That is why the first profile is the only one showing a majority in cumulative profit, and why the difference between the three rows is spending decisions as much as it is selling ability.
Where you are actually allowed to promote this
Platform policy reads, not verifications. Check every one before you spend a dollar - enforcement changes faster than the written policy does.
Red flags and green flags
Red flags
151You contract with two organizations that formally disclaim each other, and only one pays you
2Advancement is recruiting-gated at every single level
3The bonus pool puts a price on recruiting three people
4Unlicensed recruits are expected to recruit, and their recruits’ overrides go to someone else
5Three to four months of unpaid work, and it is nowhere costed for the recruit
6A $217-a-month books subscription for a book consumers get free
7A $413-a-month software tier whose published contents are worth $94
8The founder is on both sides of the participant’s ledger
9No published vesting schedule - it is "if applicable" and disclosed after you resign
10Chargebacks are permanent and debit balances follow you
11The points machinery mechanically favors the highest-payout product, which is indexed universal life
12Survivorship-selected earnings presented under tenure headings on a public recruiting page
13Field income claims an order of magnitude high, and a lifestyle funnel with no disclosure at all
14A $65 million California misclassification settlement across roughly 380,000 agents
15Supervision at scale is the documented failure mode, in two different bodies of law
Green flags
101The product is real, sold to real third parties, and corroborated at scale by a listed parent
2Compensation is funded entirely by carrier commission, with no inventory and no purchase requirement
3Persistency is measured and enforced with real teeth
4Override depth is capped at six generations and the total take is under half the writing agent’s top level
5A dated, specific, company-published earnings disclosure that says expenses are excluded
6The state license is yours, and the organization publishes a how-to-quit page
7Genuinely low cash entry, honestly stated, with the exam fee quoted above the real range
8Hard structural barriers to earning while unlicensed
9No participant-capital exposure of any kind, and a clean firm-level United States insurance record
10Real anti-gaming provisions in the plan
We would like to be wrong about this
Upward
- Publish the vesting schedule ex ante - with the advance percentage and term, the orphan-policy and renewal-assignment rule, and the non-solicitation scope and duration - instead of promising "commission vesting information if applicable" after a resignation is filed. This is the single largest available upgrade and it would move the terms dimension by two or three points on its own.
- Publish a median rather than a mean, include everyone who signed an agreement in the denominator rather than only licensed agents, publish the rate at which onboarding-program entrants actually license within their nine months, and publish real persistency and lapse experience for the field’s block so a recruit can price their own chargeback risk against the 75% floor they are held to.
- Retire or relabel the tenure-headed earnings table so the columns say what the footnotes say - field level, not years - put an earnings disclosure on every recruiting surface including the lifestyle funnel and the convention site, drop the "FINRA recognized" framing, and either fold the prospecting materials into the platform fee or supply new agents a defined quantity of books at no charge.
Downward
- Evidence that any hierarchy override is paid on book, subscription, event or designation purchases. That is currently unverified in both directions and it is the single most important open question in the file: if uplines earn on materials, the soft mandate becomes a hard conflict and both the compensation and payout dimensions fall sharply.
- A state Department of Insurance order, consent order or cease-and-desist naming WealthWave, LLC or a WealthWave-branded agency - particularly on unlicensed solicitation or on advertising - or a United States repeat of the Ontario unlicensed-compensation penalty, which would show that matter was not merely jurisdictional.
- Carrier retrenchment on the product that funds the structure. The parent has already announced a reinsurance transaction on part of a secondary-guarantee universal life block and is redomiciling; if field payout on the indexed family fell from its 126.5-point calibration, four override layers and three bonus pools would compress at once. Further misclassification exposure outside California, or the introduction of any purchase requirement for commission eligibility, would do comparable damage.
Grade is C−. Real carrier products, carrier-funded pay and no participant capital at risk - attached to a disclosure regime, an entry cost and an exit contract that all have to be graded hard.
Say the good half first, because it is genuinely good and half of this file rests on it. The field sells term life, indexed universal life and annuities from A-rated carriers, principally Transamerica, to households that need them. The scale is corroborated by a listed parent rather than by a press release: over 95,000 licensed agents at the end of 2025 and a record 30% increase in individual new life sales. Every dollar of commission and override is funded by carrier commission on premium written to third parties - there is no inventory, no pack, no autoship, no minimum personal volume, and no fee a recruit pays that becomes anyone’s income. Overrides are capped at six generations totaling 27.5% of the field pool, well under the writing agent’s own top level of 65%. Persistency is measured on a tracked block with a 120-day seasoning rule, a 75% floor and a 100% clawback of bonus money on breach. And on the participant’s own capital there is nothing to lose in the securities sense: no deposit, no stake, no promised return, no pool of participant funds, no token, no balance to withdraw. The only balance that exists runs the other way, as a debt the participant owes. Anyone grading this channel badly because its subject matter is financial has answered a different question.
Then the entry economics, which is where the arithmetic turns. No compensation of any kind may be paid before a state license issues, and the company’s own expectation is three to four months, with a nine-month platform deadline and a one-time three-month extension behind it. During that window the recruit cannot sell even a referral product, cannot access the portal, cannot contact the home office directly - and is expected to recruit, on a platform built for it, with any overrides from recruits who license first going, per the onboarding FAQ, to the next licensed upline in the hierarchy. Cash out is $400 to $650. Time out, at an illustrative $20 an hour, is around $2,900 that nobody bills. Layered on top is a materials stack that is unambiguously a profit center: $217 a month for 62 copies of a $16.99 book that consumers receive free, $2,604 a year; $413 a month for a software tier whose published contents are worth $94; $1,295 plus $500 a year plus $500 a class for a designation whose issuer’s own selling point is that it makes a salesperson look like a teacher. The "run the system" year-one configuration is about $5,392 against a disclosed average annual cash flow of $11,443 before expenses. None of it is required. The free tier is real and the minimum configuration is about $482. But the culture points at the expensive path, and the difference between the two is most of the difference between a modest profit and a modest loss.
The exit is the part to sit with longest. There is no published vesting schedule: a resigning agent is told they will receive "commission vesting information if applicable," in the confirmation that arrives after the resignation. Chargebacks are stated to survive departure expressly - "even if it’s after you leave" - debit balances transfer into a new hierarchy and roll up to an upline who pre-signs the debt, clients and client files are restricted, downline agents are restricted by the same clause, appointments terminate, and errors-and-omissions cover is claims-made so the tail is yours to keep funding after the income stops. The full agent agreement is not public, so non-solicitation scope, arbitration and any class-action waiver are unknowable before signing. Two other things belong in the same paragraph, stage-labeled precisely. A California wage-and-hour and Private Attorneys General Act action against the contracting insurance organization, alleging misclassification of sales agents as independent contractors, settled for $65 million gross across roughly 380,000 agents with no admission reported - which is not a finding about the plan, but does say something about churn and about the contractor basis on which every cost above sits. And two regulators in two different bodies of law have reached the same diagnosis about this distribution model: an Ontario enforcement notice and later a CAD $50,000 penalty for compensating an unlicensed agent, and nineteen settled regulatory events at the affiliated broker-dealer, the largest a 2020 FINRA consent with a $4.4 million fine for supervisory failures. Supervision at scale, twice.
Get licensed first, then decide who to contract with
The license is yours, it costs $150 to $650 depending on the state, and it is portable. Nothing in the licensing process requires this hierarchy, and holding it before you sign converts you from a $100 unlicensed associate with no portal access into a $125 already-licensed joiner who can earn from day one. If you then want the training, the community and the events, you can buy them from a position of choice rather than from four unpaid months of dependence.
Ask for the vesting schedule in writing before you sign anything
The one term that decides whether this is a career or a treadmill is currently "commission vesting information if applicable," delivered after you resign. Ask for the schedule, the orphan-policy rule, the advance percentage and term, and the non-solicitation scope and duration - in writing, before the agreement. If the answer is that it will be explained later, that is the answer.
Run the minimum configuration for twelve months and let the numbers decide
The Basic software tier is free, no advancement requires a book purchase, and the minimum viable year is about $482. Do that year, count your policies, and compare the result with the $5,392 you were culturally expected to spend. If the system genuinely produces, it will produce on the cheap configuration too. If it only produces on the expensive one, the expense was the product.
Price the same carriers through an ordinary independent brokerage
Transamerica, National Life Group and Pacific Life contracts are available to a licensed producer through ordinary independent brokerages at street-level commission, with your own domain, your own marketing, your own client files and negotiated vesting. The client pays the same premium. What you give up is the hierarchy, the training and the community - which for a first-time salesperson with no natural market may be worth real money. Make that trade with both sets of numbers on the table, not one.
Nine dimensions, weighted
Dimension profile
Further from center is better. Hover any point.
Hard caps that bind here
The lowest binding cap wins, regardless of the weighted arithmetic.
What we read
Every source below links to the document itself. Tier 1 is a primary record - the company’s own plan, policy or disclosure, a court filing, a regulator’s decision or an SEC filing. Tier 2 is a self-regulatory or secondary regulator record, tier 3 reporting or academic work, tier 4 an open-market price comparison. Where a document can be moved or withdrawn, an archived copy is linked beside it. If a link is dead when you try it, that is a correction we want.
- World Financial Group Earnings Disclosure (United States/Canada), last revised 6 March 2026 - "In 2025, World Financial Group Insurance Agency, LLC, its subsidiaries, and World Financial Group Insurance Agency of Canada Inc. paid an average of $11,443 to life insurance-licensed agents in the U.S. and Canada", with agents identified as independent contractors responsible for their own business expenses
The contracting organization’s Earnings Disclosure for the United States and Canada, last revised 6 March 2026 - an average of $11,443 paid to life-insurance-licensed agents in 2025, with an explicit statement that agents are independent contractors responsible for their own business expenses and that those expenses are not included
- U.S. Compensation & Advancement Guidelines, WFGIA and TFA, updated January 2022 (PDF) - the advancement ladder to SMD/EMD/CEO MD/EVC and above, generational overrides of 12/6/4/3/1.5/1% fixed totaling 27.5% (21.5% variable) across six capped generations, the Base Shop / Super Base / Super Team bonus pools split 40/30/30, pool eligibility at "25,000 base shop net points with three (3) or more recruits; or 30,000 base shop net points with less than three (3) recruits", the 75% Net Point Ratio and 75% persistency with 100% chargeback
The official United States Compensation and Advancement Guidelines, updated January 2022 - contract levels of 25/35/45/50/65%; generational overrides of 12/6/4/3/1.5/1 totaling 27.5% fixed and 21.5% variable across six capped generations; supervisory overrides of 1% fixed and 7.75% variable; bonus-pool contribution of 6.5% fixed split 40/30/30; pool eligibility at "25,000 base shop net points with three (3) or more recruits; or 30,000 base shop net points with less than three (3) recruits"; a 75% net point ratio; 75% persistency with 100% clawback; 120-day seasoning; the full advancement ladder; the anti-gaming footnotes; the Marketing Director cap on representatives registered with any other broker-dealer; and the worked example of a $185-a-month premium producing $2,775 to the field
- "How To Quit World Financial Group" - WFG's own resignation page: the termination confirmation "will include important details regarding your contract status, including commission vesting information if applicable"; chargebacks payable "even if it's after you leave"; the commissions advance balance on the portal; claims-made E&O and the need for tail cover; and the surviving restrictions on asking or encouraging clients or other agents to follow you and on taking client files
The contracting organization’s own how-to-quit page, document code 4985683 – 11.25 - "commission vesting information if applicable"; chargebacks payable "even if it’s after you leave"; the commissions advance balance line on the agent portal; claims-made errors-and-omissions tail; restrictions on asking or encouraging clients or other agents to follow you and on taking client files, surviving termination; and confirmation that the United States license is not tied to the contract
- World Financial Group Insurance Agency v. Olson, No. 5:24-cv-00477-EJD (N.D. Cal.) - Order denying preliminary injunctive relief, quoting the Agent Agreement's two-year post-termination non-solicitation, confidentiality and non-disparagement provisions verbatim
- "What to Expect as a WFG Agent" - "Many of WFG's agents earn their license within three to four months"; the $15 per month U.S. Platform Fee; pre-licensing education of $20–$250 paid to education providers; exam fees "approximately $100"; and the mandatory E&O requirement
The contracting organization’s agent-expectations and business-model pages - the statement that many of its agents earn their license within three to four months; the $15-a-month platform fee and two-month grace period; pre-licensing education stated as $20–$250 paid to education providers; exam fees stated as "approximately $100"; and the tier table of $68,403 / $239,950 / $753,615 with footnotes restricting each figure to Senior Marketing Director, Executive Marketing Director or CEO Marketing Director level and to agents who sold at least one policy in 2024
- "Become a Life Insurance Agent" - WFG business-model page carrying the $68,403 / $239,950 / $753,615 tier table with its footnotes restricting each figure to Senior Marketing Director, Executive Marketing Director and CEO Marketing Director level and to agents who sold at least one policy in 2024
- WealthWaveONE pricing panel - the Pro plan and the $8, $8, $19 and $10 monthly add-ons, all requiring the Pro plan
WealthWave’s own properties - the convention-site legal footer stating that it is a financial education and financial services marketing company and "is not an affiliated company of" the insurance agencies concerned; the WealthWaveONE pricing panel showing Basic free, Pro at $39/$45/$49, VIP at $413 and add-ons at $8, $8, $19 and $10, with the platform profile requiring an agent ID issued by the contracting organization; the HowMoneyWorks store showing $16.99 retail, cases of 62 at $5.00 down to $3.50, $310 a case and the $217-a-month Book Club with its $155 historic price; the second store at $125 per case of 20; and the event page pricing the CFEd designation at $1,295 plus a $500 annual registry fee plus $500 per class taught
- WealthWaveONE plan selector showing the Basic/Pro/VIP tiers at $39, $45, $49 and $413 a month
- HowMoneyWorks online store - $16.99 retail, volume pricing at 62 books per case from $5.00 down to $3.50 a book, and the Book Club subscription at $217 a month for one case, restricted to "our Financial Educators only. Educators Code # required"
- WealthWaveONE CFEd®/AFEd designation program page - the Certified Financial Educator and Associate Financial Educator programs, the $100 a month Registry participation and renewal after the first 12 months, and the $50/$45 a month AFEd track
- "Aegon reports second half year 2025 results", 19 February 2026 - WFG licensed agents up to 95,740, a record 30% increase in individual new life sales in 2025, EUR 1.7 billion FY2025 operating result (+15%), and Transamerica's 67% share of WFG US Life sales
Aegon’s second-half 2025 results, published 19 February 2026 - over 95,000 licensed agents in the distribution network, a record 30% increase in individual new life sales in 2025 against 2024, a full-year operating result of EUR 1.7 billion up 15%, and the announced redomiciling and holding-company rename by 1 January 2028 together with a reinsurance transaction on part of a secondary-guarantee universal life block
- Aegon Ltd. Form 6-K of 19 February 2026 furnishing the 2H 2025 results, including the World Financial Group distribution table (95,740 licensed agents; 36,871 multi-ticket agents; WFG total new life sales 360)
- BrokerCheck report for Transamerica Financial Advisors, LLC, CRD# 16164 / SEC# 8-33429 (PDF) - 19 final regulatory events, 3 arbitrations and 3 bonds disclosed, including the December 2020 FINRA AWC on variable annuity exchanges, mutual fund share classes and 529 plans
FINRA BrokerCheck for Transamerica Financial Advisors, LLC, CRD 16164 - nineteen final regulatory events, three arbitrations, and the five most recent actions: a December 2020 FINRA acceptance-waiver-and-consent (neither admitted nor denied) with censure, a $4.4 million fine and $4,354,000 in restitution for supervisory failures across variable annuity exchanges, mutual fund share classes and 529 plans; SEC settled administrative orders in March 2019, August 2018 and April 2014; and a settled FINRA matter in July 2015
- BrokerCheck firm summary - Transamerica Financial Advisors, LLC (CRD 16164)
- In the Matter of Transamerica Financial Advisors, Inc. - SEC settled administrative and cease-and-desist order, Advisers Act Release No. IA-5150, 11 March 2019 (mutual fund share class selection and 12b-1 fees; $6,023,072.68 disgorgement and prejudgment interest)
- Tricia Yeomans v. World Financial Group - official court-approved settlement website for the California class and PAGA settlement (class of persons designated as independent contractors performing services in California from 28 December 2014 to 31 December 2023; final approval hearing 20 October 2025, Dept 301, San Francisco Superior Court)
Legal trade-press reporting and a tertiary encyclopedia compilation on the $65 million gross / roughly $43 million net California wage-and-hour and Private Attorneys General Act settlement across approximately 380,000 sales agents, San Francisco County Superior Court, final approval hearing 28 October 2025, alleging misclassification as independent contractors, settled with no admission reported; and on the Canadian insurance-conduct chronology - an April 2023 Ontario enforcement notice, a May 2023 supervisory undertaking, and a May 2024 CAD $50,000 administrative monetary penalty for compensating an unlicensed agent who wrote 58 policies, that individual separately fined CAD $80,000
- "Judge to approve $65M World Financial Group PAGA settlement", 28 October 2025 - approximately $43 million net to class members across roughly 380,000 sales agents alleged to have been misclassified
- Yeomans v. World Financial Group Insurance Agency, Inc., No. 3:19-cv-00792-EMC (N.D. Cal.) - original class action complaint (Exhibit 1 to the notice of removal), alleging the "massive pyramid scheme" recruiting structure, the $100 non-refundable application fee and misclassification of Associates as independent contractors
- FSRA enforcement record - World Financial Group Insurance Agency of Canada Inc. (license 26687M): Notice of Proposal 9 April 2024, Final Order 2 May 2024, news release 30 May 2024, administrative monetary penalty CAD $50,000
- FSRA Notice of Proposal, 9 April 2024 (PDF) - Gurpreet Singh Ghuman, Industrial Alliance and World Financial Group Insurance Agency of Canada Inc.: 58 life insurance policies placed while unlicensed; CAD $50,000 proposed against WFG under s.403(1) and CAD $80,000 against the individual
- FSRA Order to Impose an Administrative Penalty of CAD $50,000 on World Financial Group Insurance Agency of Canada Inc. (PDF)
- Suitability in Annuity Transactions Model Regulation (#275), as revised and adopted February 2020 (PDF)
NAIC materials and third-party licensing surveys - Suitability in Annuity Transactions Model Regulation #275 as revised February 2020, adopted in 48 states, with New York extending a best-interest standard to life insurance as well as annuities from 1 February 2020; Advertisements of Life Insurance and Annuities Model Regulation #570, which reaches digital and social media and producer presentations; and 2026 fifty-state licensing cost tables giving exam fees of $29–$96, state totals of roughly $57 to $405, course costs of $49–$400, and continuing education of 24 hours every two years at $75–$150 a cycle
- Advertisements of Life Insurance and Annuities Model Regulation (#570) (PDF) - insurer responsibility for all advertisements "regardless of by whom written, created, designed or presented", including producer presentations
- NAIC insurance topic: Annuity Suitability and Best Interest Standard - 48 states have adopted the 2020 Model #275 revisions; the New York DFS best-interest rule for life insurance as well as annuities took full effect 1 February 2020
What we could not get
- The vesting schedule. "Commission vesting information if applicable" is the entirety of the public disclosure, and it is delivered only in the confirmation that follows a resignation. No schedule, no percentage, no qualifying period and no orphan-policy or renewal-assignment rule could be located anywhere.
- Whether any hierarchy override is paid on book, subscription, event or designation purchases. This is the single most important open question in the report. Nothing was found in either direction. If uplines earn on the materials their downlines are culturally expected to buy, the soft mandate becomes a hard conflict and the compensation analysis changes materially.
- Any rule excluding policies written on the agent’s own life, their spouse or their immediate family from the personal net points used for advancement. Up to half of a Senior Marketing Director qualification may come from personal production, and no such exclusion was found - though absence of a located rule is not proof of absence, and the non-public field manual may contain one.
- The Product Guide compensation percentages. The plan document repeatedly directs the reader to the current Product Guide for compensation percentages on all diversified product lines, and that document is not public - so the actual percentage paid on any specific carrier’s specific product sits in a file a prospect cannot see before signing. Whether 126.5 points to the field is still the live figure could not be confirmed either.
- Actual persistency, lapse and surrender experience for the block the field writes. The 75% floor the participant is held to is disclosed; the base rate against which they should price their own chargeback risk is not, by either organization. Independent actuarial work confirms that indexed universal life lapse rates rose across all policy years between 2015–18 and 2019–20, but the numerical rates sit behind a paid data package.
- Median agent earnings, any earnings figure that includes unlicensed associates in the denominator, and the licensure conversion rate - what proportion of onboarding-program entrants actually obtain a license within their nine months. None of the three is published anywhere. The 2024 disclosure figure could not be retrieved and the 2023 figure of $6,534.77 rests on a weak third-party source.
- The full Agent Agreement and the Associate Acknowledgment and Non-Disclosure Agreement. Neither is public, so the scope, duration and geography of the non-solicitation covenants, the confidentiality definition, any arbitration clause or class-action waiver, the choice of law, the termination-for-cause grounds, the indemnity and the debit-balance rollup rules are all unknown before signing.
- WealthWave’s own corporate facts: its Georgia registration details, whether the LLC and an apparent Inc. are distinct entities, its officers or board beyond one named principal, and its revenue, margin or ownership - third-party estimates span $69 million to $500 million, which is an absence of data rather than a range. Also unpriced: the full platform-fee schedule above the $15 base, the errors-and-omissions premium as a standalone figure, the VIP feature list said to justify $413 a month, standard convention pre-registration, and event ticket prices.
Not advice
This is independent analysis for decision-making, not legal, financial or investment advice. Allegations reported by third parties should be verified against primary court and regulatory records before any decision.
Researched by Claude. Reviewed by an editor.
Every report is researched and written by Claude, Anthropic’s AI assistant, from the company’s own plan documents, policies, terms and regulatory file - then reviewed before publication by Rob Fore, who checks the sources and the stage-label on every allegation.
- Nine weighted dimensions, published with their weights
- The editor checks the evidence and cannot change the number - the build rejects any page whose grade does not reconcile to its own arithmetic
- Every affiliate position we hold is disclosed on the report it touches
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WealthWave - frequently asked
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Author, editor and publisher
This report was researched and written by Claude, Anthropic’s AI assistant, working from primary documents - WealthWave’s own compensation plan, its policies and procedures, its terms of service, its income disclosure statement where one exists, and its regulatory and self-regulatory file. It was scored against nine weighted dimensions that are published in full, with their weights, on the methodology page.
Before publication it was reviewed by Rob Fore, who checks every source link, every figure against the document it came from, and every allegation against its stage-label - an investigation is not a finding, a warning letter is not an enforcement action, and a filed claim is not a verdict.
The editor does not set the grade. The published score is the weighted composite of the nine dimension scores, and the build refuses to emit a page where the two disagree by more than 0.06. A grade moves when the evidence moves it and not otherwise.
Rob Fore has marketed online since 1996, wrote Online MLM Marketing (2014), and is CEO of Listech Inc, the Nevada corporation that publishes this site. He holds affiliate positions in companies graded here - including LiveGood, which this site grades D, SendOutCards, which it grades C−, and the Home Business Academy, which it grades B−. Those positions are disclosed on the reports they touch, and changed nothing on this page.
About the author and our conflicts · Contact the editor · Corrections: corrections@opportunitygrade.com
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