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Symmetry Financial Group

Engaged Employer

Absolute Ripoff - Insurance Agent Symmetry Financial Group Employee Review

1.0
Jun 13, 2016
Recommend
CEO approval
Business Outlook

Pros

None to speak of if you know anyone in the mortgage insurance industry. There are so many other better companies than them, they are a company that spends more time working on their ads to attract people than paying them.

Cons

They lie about the cost of leads which are marked up before they are sold to agents. Commission rates are way below industry average and are much higher with most other companies. If anyone compared them to other mortgage insurance agencies no one would work for them. They have been trying to get a foothold in CT for years but can't find anyone to make money off of because it's a scheme and ripoff. They are a southern company and are trying to expand and find young immature ignorant people to hire other people, and when you finally discover how bad you've been ripped off .... And they say one of the best companies to work for. Ha! No benefits, no stability, you must sell every day and your manager is getting 60% of everything you make but they are lying when they say it's not true. Don't waste your time or money, . Don't work for them , with every policy you ever sell you are being ripped off .They make you listen to conference calls all week long about people in other states down south a complete waste of time. DONT WASTE YOUR TIME. Every month people are quitting because they can't afford the leafs then get paid very little commission. They start you at 55% then 60.% and milk you along. I worked for a company who gave 75% and paid for all leads,! Look at other companies if you want to sell mortgage insurance, you will find them. Good luck and stay away from this company! Remember this company is in business to make money FROM you.

Explore other reviews about Symmetry Financial Group

5.0
Jul 11, 2026
Recommend
CEO approval
Business Outlook

Pros

Great place to work, all the training you could ask for. Ample room to grow and develop, loads of promotion opportunities and bonuses

Cons

1099/commission only think of it as a solo entrepreneurship. Leads are available, but not given to you, you do need to pay. But think of it like the marketing costs to run any business. While there is an abundance of coaching and opportunities available as a whole. Who your uplines are can determine your success if you let it. So do your research on which agency you go with. Some are production focused, some are agency building and vibes focused. Some healthy combination of both. If you’re just getting into sales, having an upline with a record of success is a must. With massive amounts do activity you can be very successful

3.0
Jun 19, 2019
Recommend
CEO approval
Business Outlook

Pros

Work your own hours. Stay at home job 60% of the time. Very positive environment. Great conventions to travel and meet people. Potential to recruit everyone you know. When your up - feels amazing to be there. And once you take a turn, well then, see below...

Cons

Let me explain to you - that - it pains me to write this. This company took me a long way. But what I never realized, is if you compaire them to other brokers, they are low on the compensation scale. Start at 60% - I have had offers to start at 70% and even 85%. If you don't like running a team and recruiting, then don't bother. If you manage to write enough business to make a living, you need to get help - you would need to hire people to set appointments. Your really running your entire business and your upline will give you the moral boost. The Con is the debt - you will end up going bankrupt, owe the IRS - and probably be reported to Vector and go bust. They pressure you into taking out more lead orders, it gets expensive. Ah - you best hope nobody charges back a deal. The business is a doggy dog world. The guys who recruit are at the top of the chain. The sad truth is I made my upline thousands, when I was going broke, he wouldn't loan me a dime to save my life. I was selling everything I own, and taking out more debt to pay for leads. I was a great agent, above average - in fact I made it much farther then 80% of the new hires. No benefits, No 401k, No insurance, once you pay for leads and benefits, you best hope your buying the $30 dollar leads to get some good clients. It is really hard, I think if you make it, you probably know how to run a business - not for an average Joe in my opinion.

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Symmetry Financial Group Response
6y
Thank you for taking the time to share your feedback. Here at Symmetry, we strive to provide the best opportunity and resources to maximize an agent’s profitability. Our unique system affords agents the opportunity to make a great living while achieving their personal goals and objectives in the short, medium and long term. If you would like to discuss your feedback or concerns, please reach out to us at customerservice@sfglife.com.
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