Equis Financial Review - Financial Services MLM | Trust Score & Ratings

Founded2014

HeadquartersAsheville, North Carolina, USA

Trust Score80/100

About Equis Financial

Equis Financial is a network marketing company based in Asheville, North Carolina, that specializes in mortgage protection insurance.

Founded in 2014, Equis Financial allows independent distributors to earn income through personal sales and team-building. Their multi-level compensation plan includes retail profits of 20-40%, bonuses based on sales volume, and leadership rewards.

With a trust score of 80/100, Equis Financial presents a relatively low-risk opportunity for those looking to enter the financial services market. However, like any MLM, success depends heavily on individual effort and recruitment.

Pros and Cons

✓ Pros

Decent commission rates
Equis Financial offers a retail profit margin of 20-40%, which is competitive compared to many other MLMs.
Multiple income streams
Their compensation plan includes various bonuses like the Fast Start Bonus and Leadership Bonus, which can boost earnings.
Low risk level
The risk level is rated low, suggesting that this is a safer option compared to many other MLMs.
Established company
Founded in 2014, Equis Financial has had time to build a reputation and a stable business model.
Good trust score
With a trust score of 80/100, it indicates a level of credibility and reliability in the MLM space.

✗ Cons

Recruitment focus
Like most MLMs, there's a strong emphasis on recruiting, which can be challenging and may not appeal to everyone.
Earnings can vary widely
The income potential is highly variable, and many distributors earn little or nothing, as is common in MLMs.
Initial costs
Starting costs can be a barrier, as you often have to purchase products upfront to get going.
Limited product range
Equis primarily focuses on financial services, which may not appeal to everyone looking for diverse product options.
Potential for pressure sales
The culture in MLMs can sometimes lead to pressure tactics for sales and recruitment, which can feel uncomfortable.

Verdict: Equis Financial seems to have some solid perks for those interested in MLMs, especially with its decent commission structure and low risk. However, the recruitment focus and income variability are significant downsides that you should consider carefully before jumping in.

Best for: This could be a good fit for people who enjoy networking and sales, particularly in the financial sector. If you’re uncomfortable with recruitment or upfront costs, it might be best to steer clear.

Risk Analysis

Equis Financial has a generally low-risk profile, with a solid compensation structure and positive indicators. However, potential recruits should still be cautious and fully understand the compensation plan before joining.

Positive Indicators

Established company with a solid trust score
Trust Score of 80/100 indicates a relatively positive reputation.
Diverse income streams
Compensation plan includes multiple ways to earn income, such as retail profit and team commissions.

Consumer Advice: If you're considering joining Equis Financial, take the time to understand their compensation plan in detail. Make sure you’re comfortable with the sales aspect, as it’s a key part of earning income.

Frequently Asked Questions About Equis Financial

Is Equis Financial a legitimate MLM company?

Yes, Equis Financial is considered a legitimate MLM company. Founded in 2014 and headquartered in Asheville, North Carolina, they have an 80/100 trust score, indicating a decent level of reliability.

What products does Equis Financial sell?

Equis Financial primarily offers financial products like life insurance and retirement planning services. They focus on helping clients secure their financial futures while providing agents with tools to succeed.

How much can you make with Equis Financial?

Earnings at Equis Financial can vary widely. Agents can earn between 20-40% commission on retail sales, plus bonuses for team performance, but specific income numbers aren't publicly disclosed.

Are there any complaints about Equis Financial?

There are some complaints about Equis Financial, mainly regarding the challenges of recruitment and the typical MLM pitfalls. However, many agents report positive experiences, so it's a mixed bag.

What is the compensation plan for Equis Financial?

Equis Financial's compensation plan includes multiple income streams like retail profit, personal volume bonuses, and team commissions. They also offer leadership bonuses and a Fast Start Bonus for new agents.

What does it cost to join Equis Financial?

Joining Equis Financial typically involves some startup costs, including training fees and licensing expenses. Exact figures can vary, so it's best to check directly with them for the most accurate info.

What is Equis Financial's BBB rating?

Equis Financial currently has a BBB rating of B+. This rating reflects their commitment to resolving customer issues and maintaining a good relationship with clients.

Is Equis Financial worth joining?

Whether Equis Financial is worth joining depends on your personal goals and willingness to sell. Many agents appreciate the flexible work environment and potential for income, while others find the recruitment aspect challenging.

Are there alternatives to Equis Financial?

Yes, there are several alternatives to Equis Financial, including companies like Primerica and World Financial Group. Each has its own unique offerings and compensation structures, so it's worth exploring them.

Compensation Plan

Plan Type

This is a multi-level compensation plan. In simple terms, this means you can earn money not just from your own sales, but also from the sales made by people you recruit into the business.

How Earnings Work

Retail Profit (20-40%): You make money by selling products directly to customers. You keep a percentage of the sale — between 20% to 40% — depending on the product.
Personal Volume Bonus: Each month, if you hit certain sales targets, you get a bonus based on how much you sold.
Team Commission: As you build a team and they make sales, you earn a cut of their commissions too. This goes up to multiple levels, so the more successful your team is, the more you earn.
Leadership Bonus: If you reach certain ranks like Manager or Director, you can earn extra bonuses for maintaining those ranks.
Fast Start Bonus: When you recruit new distributors and they hit their initial sales goals quickly, you get a one-time bonus for helping them succeed.