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Symmetry Financial Group

Engaged Employer

Pyramid Scheme - Insurance Agent Symmetry Financial Group Employee Review

2.0
Sep 19, 2018
Recommend
CEO approval
Business Outlook

Pros

Ability to create your own schedule, you are your own boss

Cons

You have to buy all of your leads in order to find clients to sell to, which typically amounts to anywhere from $200-$300 per week just to get contact info from people. You're pretty much on your own in terms of having to go into strangers homes by yourself and sell them very expensive policies for not the greatest coverage. Clients can cancel their policies in the first 30 days, meaning whatever commission you got paid for the policy initially, goes back as a "debt" to the carrier. This is a huge problem because then when you go sell another policy, you don't get paid until that balance is paid off. VERY frustrating. They market the job as being "part time work for full time pay" but once you're in, you realize that it could take years of working 50+ hours/week before that's true.

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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