World Financial Group (WFG) is a financial services organization based in Duluth, Georgia that markets investment, insurance and mortgage products through a network of associates in the United States and Canada. WFG is a Network Marketing company that utilizes a system also known as Multi-level Marketing (MLM).[1] WFG is a wholly owned subsidiary of AEGON.
WFG insurance and mortgage lines of business are managed directly by WFG in the United States, while its investment lines of business are managed by its affiliate broker-dealer World Group Securities, Inc.
In Canada, WFG's insurance lines of business are managed by its provincially regulated subsidiary managing general agent World Financial Group Insurance Agency of Canada Inc.; while its investment lines of business are managed by its subsidiary WFG Securities of Canada, Inc., which is a member of the Investment Funds Institute of Canada and the Mutual Fund Dealers Association of Canada.[3] WFG's Canadian head office is located in Vaughan, Ontario.
World Financial Group created and partnered up with Investment Advisors International (IAI), a co-owned investment advisory firm to give clients fee-based actively managed accounts by third-party money managers. IAI has agreements with some of the nation's top investment advisory firms such as Hanlon Investments, Foxhall Capital Management, Curian Capital, CLS Investment Firm, LLC, Flexible Plan Investments, Ltd. and The Institute for Wealth Management.
