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You we can't let a focus group of one be the representative of the whole especially if it's not representative of the whole like it's a focus group of one or two in this case hey it's Lance McGowan here and Tanner freaking and today we're continuing our. Comment reactions from the Transamerica video that we did link will be in description below and it's important because we want to address things making sure people are heard and understood not ignored and that we have a reasonable response. So if you come across something like this or if you leave comments like this you'll at least have a way to think about things in another perspective. See the other side of the coin we're all about trying to be trying to be objective but still having your own opinion but you know basing things on facts as well because that's important alright so this person is named Kim Hungerford hi. Kim I can't her comment is right here it's probably really hard to see from this distance but it's again link will be in description below don't you realize realized that you both are pyramid scheme errs manipulating us about your company all right so that's her comment you know I had a. Number of rebuttals underneath there's other people that chimed in you know one person said underneath if you google any company and put pyramid scheme behind it you'll find something and then I basically asked them have you know even watched this. Video and you know they're kind of just like yeah not really fully a I'm you know just kind of chiming in and so it's it's interesting that people don't watch the whole thing and then kind of jump to conclusions and and then. Don't get all the facts but the main thing point I make whenever somebody mentions pyramid scheme with an MLM or network marketing company if you've watched my other videos you'll know this as well but I try to base take the emotion and the opinions out. Of it and just focus on the facts true and the facts is that the FTC the governing body of companies the Federal Trade Commission says that any company that exchanges money from the consumer with real products and services is a legitimate legal business any marketing network marketing or MLM based business model that exchanges money for headcount or recruiting is. Not okay that's illegal that's what would make it a pyramid scheme or a quote unquote scam right and so Transamerica follows the money for products model so it's a legitimate business there's a value exchange it's not headcount based yes there are people that can become associates and. Do the business yes there are other things but there's a lot of other things involved that make it a legitimate business to like then the level of Licensing and regulations that I. Know you had. Mentioned earlier about - we are. The highest regulated industry on this planet which I love don't get me wrong sometimes you're like oh you want to pull your hair out but it what it does so what I love about the industry is that we are regulated because of the regulations because there's licensing that's. What to me. Makes it legit honestly if you don't have a license you're not allowed to get paid you're. Not allowed to give. A recommendation to somebody nor should you how would. I first and foremost I would never give my money to somebody who wasn't licensed like you're just gonna run off with it like what. The heck is going to happen alright you know now if you're in the training process and you're getting a license and you're going through some stuff okay yeah I can kind of see you're you're learning the ropes but if you're an actual and associate if you're somebody who's sitting down with. Somebody and you don't have the proper licenses to be talking about. What it is that you are talking about then you shouldn't be. In the austrial so FINRA and the SEC these are the regulatory systems that govern the financial industry itself they're the ones that approve and disapprove trade so all the New York Stock Exchange things everybody who like I'm sure you guys seen a whole bunch of the different stuff happening out even in the. Banking world or if you look up on FINRA you can search representative themselves and see which licenses they hold which category how long they've been in the industry which company is that they've been with like all of that stuff is tracked looked. At and looked under a microscope to the highest level because we are dealing with people's money and again like. That's why I love this industry because of the regulations because it's not they're. Not going to let anybody in you there's background checks of the highest level you know you're going to do a federal background checks just to see if you are approved to get a license not. To even be able to sit down with somebody but just to be able to. Have a license itself and what are some of the fair minimum licenses that an associate from Transamerica. Or real financial group that we need to have in order to do business so in order to even say that you're a representative we Transamerica. As a broker you have to be secured licensed first and foremost that means that you need your six your 63 possibly even now we're going into the realm of making sure that you have your 65 if you want to open up a branch. You're talking your 26 there is things like your 7 so there's tons and tons and tons of different licensing out there depending on what products and services you want to be able to offer somebody depends on which license they need to have and they have to renew them either. Every year or every few years depending on state and there's continuing education courses and everything just like any industry out there now depending on the company that you're utilizing or who is your broker or who is the company that you're working with they might even require or allow you to. Have a life and health license to be able to offer some products and services out there so it varies depending on the company again that you're associated with but that's if you're working with Transamerica and you're stating. The Transamerica name that means that you are or should be a licensed representative of them otherwise it's a no-go yeah so basically summary so far is that companies like Rolfe manager group transit maker are highly regulated because of the SEC and FINRA there's lots of licenses that the associates or just if you want to call. Them have to have in order to do business legally and then on top of that the FTC defines what is a legitimate business or not from a network marketing or MLM based business model or referral or word-of-mouth based business model if you want to call it that there's lots of different. Kind of phrases for it but so it is a legitimate business and that's what we showed in our video series it was a twelve part video series but wanted to kind of talk about this and although I'm not a part of Transamerica or a financial. Group I still am a fan of and highly encourage folks to look at how their health and their finances are intertwined and that's you know I focus more obviously on the health side because without your finances it's going. To be hard to pay for the things that are going to support or improve your quality of life and health and without your health it's going to cost more of your. Finances right so there is a intertwining of the health and wealth you know concepts and so that's why I do these videos and that's why it's important to dispel. Myths and in the commenter had mentioned something about you know we're manipulators you know trying to promote our company or basically to that you know concept or whatever she's trying to get across and it's like nobody's manipulating anyone. We're keeping it real we're talking about the facts there's every. You know you can verify everything we're saying about the licenses needed and the regulations and regulatory committees involved and the FTC and all that stuff and. So that's what I always come with which. Is the facts right so I don't I don't like fear-based stuff I mean fear is a good emotion. To kind of help drive you to action and then action should. Be to seek out more facts yeah I always ask people honestly how would a company survive for over a hundred years if they weren't doing things right like honestly like how are you going to survive a hundred plus years you think that. The company would still be around if you you know. Weren't regulated if you more doing the right things if nobody found any value in what it is that you're doing I honestly don't feel like they would be around that long yeah and the fact that these financial institutions have been around for. So long some of them longer some of them not as long I love it. It's what gives. It validity yeah I think longevity does equal credibility too and when you combine. Other elements like we just talked about the licensing and the regulatory committees and the you know the FTC and stuff like that it adds even. More legitimacy and and then it really comes down to finding the person product and company that you. Know like and trust or the most that's where the the crux should be when you have a need for financial services in the context of having a savings account emergency fund but specifically some type of retirement game plan that's going to allow you to not have to you know work in your retirement years but. Really have a nice nest egg. That you can enjoy you know the golden years you know the rest of your life yeah you know in America I will I will say this there there are bad apples and or in any tree so that's where as long as you're truly you know that person what is their attention why. Are they in this industry that's right when I whenever I even when we're working together we we asked each other why are you doing what you do it's not what do you. Do it's why because I want to. Work with somebody who's why is the same as mine I want. To help people so I want to work with people who also. Want to help people it might be in a different way of helping but it's all together we're gonna help more people together than one person trying to go out there and take it over or you know help the world themselves yeah and when people. Jump to conclusions too quickly without all the facts or accurate facts and put somebody or a company or. A product in a box I mean it's kind of harsh but it is a form of laziness because you we can't let a focus group of one be the. Representative of the whole especially if it's not representative out of the whole like it's a focus group of one or two in this case and so you have to see if what we're saying and number one is valid and verifiable but also if it's representative of the whole and like you said there are bad apples in any company there's. Bad apples of my company defined as maybe people who are hard sellers. When the other person doesn't even have realize need or something like that or maybe they need to get to know the person and build a relationship before they get the business opportunity or I mean there's lots of scenarios that play out and I talk about my videos but the point is is there's going to be people who. Basically need more training and better execution and communication skills to make sure that they're a positive representation of the company and displaying the values that really add value. To people yeah CONUS well thank you so much for watching today's video make sure to hit the like button if you did hit subscribe if you haven't already done so for future video updates and check out the links in the description below so. You can continue to get your learn on. And we'll see in the next.

 


Transamerica Corporation Company News

Thu, 09 May 2019 17:26:11 GMT
Archdiocese Accused of Filing for 'Church Plan' Status to Avoid Pension Funding - Planadviser.com
Archdiocese Accused of Filing for 'Church Plan' Status to Avoid Pension Funding Planadviser.com Former employees of Saint James Hospital filed a lawsuit in the Superior Court of Essex County against the Archdiocese of Newark, New Jersey, over pension ...
Thu, 03 Jan 2019 08:00:00 GMT
Lawsuit filed claims Transamerica Corporation is misusing retirement funds - KCRG
Lawsuit filed claims Transamerica Corporation is misusing retirement funds KCRG IOWA (KCRG) - A class action lawsuit has been filed against Transamerica Corporation. A lawsuit between Transamerica Corporation and Sanford Heisler ...
Tue, 30 Apr 2019 07:00:00 GMT
After 2014 Epic case, TCS faces fresh US lawsuit for stealing trade secrets - Business Standard
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Tue, 07 May 2019 17:59:49 GMT
Transamerica Financial Advisors Has Lowered Its Stake in Valero Energy New (VLO) as Shares Rose; As Facebook Class A (FB) Stock Rose, Holder Regent Investment Management Has Decreased Holding - The EN Herald
Transamerica Financial Advisors Has Lowered Its Stake in Valero Energy New (VLO) as Shares Rose; As Facebook Class A (FB) Stock Rose, Holder Regent Investment Management Has Decreased Holding The EN Herald Transamerica Financial Advisors Inc decreased its stake in Valero Energy Corp New (VLO) by 71.82% based on its latest 2018Q4 regulatory filing with the SEC.
Wed, 17 Apr 2019 07:00:00 GMT
Job Fair Wednesday at Kelley Complex - Keyser Mineral Daily News Tribune
Job Fair Wednesday at Kelley Complex Keyser Mineral Daily News Tribune KEYSER - Over 50 employers are expected to be set up Wednesday in the J. Edward Kelley Complex (former Kelley National Guard Armory) for the Keyser ...
Thu, 02 May 2019 09:46:40 GMT
As Valero Energy New (VLO) Market Value Rose, Holder Transamerica Financial Advisors Has Decreased by $715,800 Its Position; Hess (HES) Market Valuation Rose While Key Group Holdings Cayman LTD Lowered by $5.72 Million Its Holding - CryptoCoinsTribune
As Valero Energy New (VLO) Market Value Rose, Holder Transamerica Financial Advisors Has Decreased by $715,800 Its Position; Hess (HES) Market Valuation Rose While Key Group Holdings Cayman LTD Lowered by $5.72 Million Its Holding CryptoCoinsTribune Transamerica Financial Advisors Inc decreased its stake in Valero Energy Corp New (VLO) by 71.82% based on its latest 2018Q4 regulatory filing with the SEC.
Tue, 07 May 2019 18:00:52 GMT
HDFC Bank (HDB) Upgraded By BidaskScore; Crawford Investment Counsel Upped Fidelity Natl Information Sv (FIS) Position - CryptoCoinsTribune
HDFC Bank (HDB) Upgraded By BidaskScore; Crawford Investment Counsel Upped Fidelity Natl Information Sv (FIS) Position CryptoCoinsTribune BidaskScore upgraded the shares of HDFC Bank (NYSE:HDB) to a “Buy” rating in a a research report revealed to investors on Tuesday, 7 May. Crawford ...
Tue, 07 May 2019 10:38:34 GMT
Transamerica Financial Advisors Decreased Ecolab (ECL) Stake by $667,998; As Hcp (HCP) Stock Value Rose, Shareholder Zacks Investment Management Has Trimmed by $549,153 Its Stake - The EN Herald
Transamerica Financial Advisors Decreased Ecolab (ECL) Stake by $667,998; As Hcp (HCP) Stock Value Rose, Shareholder Zacks Investment Management Has Trimmed by $549,153 Its Stake The EN Herald Transamerica Financial Advisors Inc decreased its stake in Ecolab Inc (ECL) by 99.85% based on its latest 2018Q4 regulatory filing with the SEC. Transamerica ...
Tue, 07 May 2019 13:36:29 GMT
Acuity Brands (AYI) Shareholder International Value Advisers Has Boosted Holding; Six Flags Entmt New (SIX) Valuation Declined While Transamerica Financial Advisors Trimmed Its Position - The EN Herald
Acuity Brands (AYI) Shareholder International Value Advisers Has Boosted Holding; Six Flags Entmt New (SIX) Valuation Declined While Transamerica Financial Advisors Trimmed Its Position The EN Herald International Value Advisers Llc increased its stake in Acuity Brands Inc. (AYI) by 9.49% based on its latest 2018Q4 regulatory filing with the SEC. Transamerica ...
Sat, 04 May 2019 19:54:04 GMT
Conagra Brands INC (CAG) Share Price Declined While Kdi Capital Partners LLC Lowered Its Holding by $4.58 Million - Invest Tribune
Conagra Brands INC (CAG) Share Price Declined While Kdi Capital Partners LLC Lowered Its Holding by $4.58 Million Invest Tribune Investors sentiment increased to 1.37 in Q4 2018. Its up 0.38, from 0.99 in 2018Q3. It is positive, as 86 investors sold CAG shares while 138 reduced holdings.