Multi-Level Marketing Annuity Alert

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Multi-level marketing has been used to sell everything from Tupperware to protein shakes but now it’s creeping into annuities. And that’s a problem.
In this video, I break down why MLM annuity sales are a red flag, why retirement planning is too important to treat like a side hustle, and how to cut through the hype to focus only on contractual guarantees.
Enjoy the free dinners if you want, my mom sure does, but don’t swallow the pitch. Retirement deserves more than a party-plan sales model.
Watch and Enjoy,
Stan The Annuity Man
ALL THINGS ANNUITIES
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0:08
Hi there, Stan the Annuity Man,
0:09
America's annuity agent. I know why you
0:11
clicked this title because you're like,
0:12
"What in the heck is he talking about
0:14
this time?" And the title is multilevel
0:17
annuity marketing nutrition alert. Yes,
0:21
multilevel that pyramid stuff. You know,
0:23
the Amway and the I don't know what all
0:26
that other stuff's called. You know, I
0:27
have nothing against those people. do
0:29
your thing, man. Make your little side
0:30
hustle money, all that stuff. But the
0:33
other day, my lovely wife of 37 years,
0:35
and we've been together for 41, and yes,
0:37
she's a martyr and yes, she should have
0:39
left me, but she hasn't yet. She comes
0:42
to me and says, "I've got a friend
0:44
that's doing this thing and it's
0:46
multilevel and she wants me to go to one
0:48
of those kind of t remember the old
0:50
Tupperware parties." And okay, I'm 61 at
0:52
the time of this taping. I'm dating
0:53
myself a little bit, but back in the
0:55
day, the original like multi-level
0:57
marketing thing was Tupperware. And then
0:59
there's the nutritional stuff and I
1:01
think one's called New Skin. I'm
1:02
familiar with Amway. We're all kind of
1:04
familiar with that. We've all been to
1:05
one of those parties and they ran the
1:07
numbers and all that stuff and the
1:08
multiplication d. But my wife says um
1:12
she's doing something that they're
1:14
selling annuities, but it's multi-level
1:16
marketing. Now, I had heard this. Of
1:18
course I had. I'm Stan the annuity man.
1:19
I'm America's annuity agent. I'm
1:21
licensed in all 50 states and I am the
1:23
official thought leader of the space
1:25
period. So, I'd heard about little
1:28
rumblings, but in in my world coming
1:31
from basketball, it's like talking
1:33
about, you know, um someone 69 trying to
1:37
score against someone 4'11. Okay? So, I
1:39
kind of look at them and go, "Yeah,
1:40
that's that's trivial. That's nice." But
1:43
now they're starting to really grow. And
1:45
you're having a lot of people, in my
1:47
opinion, that aren't qualified to talk
1:50
about people's retirement.
1:52
And they're having these rah parties
1:55
like the the the old multi-level
1:57
marketing stuff, family and friends and
2:00
this and that and this and and that's
2:03
fine, but I don't like where it's
2:05
headed. Now, I'm sure they're going to
2:07
say, you know, we're gonna we're going
2:08
to file something against Stan New for
2:10
putting multi-level. I'm not putting
2:12
anything down. I'm not putting
2:15
multi-level marketing down because
2:16
there's a lot of people that are million
2:18
billionaires out there through those
2:20
systems. Just not me. Because I don't
2:22
like interacting. I'm kind of reckless.
2:24
You're saying, Stan, you're a reckless.
2:25
You're pretty verbal. No, I'm a
2:26
reckless. I really am. I'm not a
2:28
missenthrop.
2:30
I kind of go on the line of missenthrop.
2:32
But I I'm just saying we we like to help
2:34
people, but I don't want to go to a
2:36
party and eat cookies and and bon bonss
2:39
and drink tea and then hear about
2:42
annuities. Okay. Now, I don't know that
2:45
much about what's happening out there
2:46
other than it's set up like
2:48
multimarketing and there's layers and
2:50
people get paid, etc. I don't know how
2:51
how that's legal. You know, all I'm
2:54
saying is don't be surprised that
2:57
instead of the bad chicken dinner,
2:58
expensive steak dinner seminar that has
3:01
proliferated unfortunately the annuity
3:03
industry and the person gets up there
3:06
and Johnny Apple Seed agent and says
3:08
this is the best annuity ever and let me
3:10
tell you why this is the best annuity
3:12
ever. That's like a doctor holding a um
3:16
a seminar and saying this medication is
3:18
the one everyone in this room needs to
3:20
take. all 200 of you, this medication,
3:23
you'd walk out of the room. Well, Johnny
3:25
Apples Seed agent gets up there and
3:26
says, "This annuity is the one all of
3:29
you need to own." What's the difference?
3:32
Now, I'm hearing we have multi-level
3:34
marketing companies that are now selling
3:37
annuities. Now, I'm going to give them
3:39
the benefit of the doubt right here on
3:41
camera evergreen content that they're
3:44
doing the right thing,
3:46
that they have the customer's best
3:48
interest at hand. They're trying to act
3:51
like fiduciaries. And what's a
3:52
fiduciary? It's first of all, it's a
3:53
plaque on the wall. Well-earned. But in
3:56
essence, it says you put the customer's
3:58
best interest ahead of yours. We do that
4:00
involuntarily because that's the right
4:02
thing to do at the annuity man. But I'm
4:05
a little concerned that because 13,000
4:08
or 14,000 people are turned to 65 every
4:11
day that some entrepreneur said, "You
4:15
know what? I'm going to do an Amway for
4:17
annuities." What? I I don't even know
4:20
how that works. First of all, you got to
4:23
get licensed. Second of all, you
4:24
probably need to know what you're
4:25
talking about. Third of all, you can't
4:26
just choose one product or one product
4:29
type and try to sell it. Try to fit a
4:32
square peg peg into a round hole. With
4:35
annuities, annuities solve for four
4:36
things. Principal protection, income for
4:38
life, legacy, and long-term care.
4:40
Acronym is pill. And you only have to
4:42
ask two questions. What do you want the
4:44
money to contractually do? And when do
4:46
you want those contractual guarantees to
4:48
start? Not everybody needs annuity, even
4:50
though you already own one. It's called
4:51
Social Security, the best inflation
4:53
annuity on the planet.
4:55
Yes, I'm going to look into it further,
4:58
okay? And I'm going to come back and do
4:59
some videos on the specifics of it. But
5:02
I'm giving you kind kind of an alert
5:05
that you might have a family or friend
5:07
member, one of those people say, "Hey,
5:10
you know, I'm now doing this with XYZ
5:12
and we have these annuities and blah
5:14
blah blah." And if you would like to
5:16
join and help me sell, and you're going,
5:17
"Wait a minute, that that sounds like
5:19
that sounds like multi-level marketing.
5:20
I'm selling like a nutritional thing,
5:22
but it's now annuities." Okay, I I'm
5:26
going to look into it. Promise you. I
5:28
promise you. So, I'm going to give them
5:30
the benefit of the doubt. I'm going to
5:31
say they're doing the right thing. They
5:34
have your best interest at hand. I'm
5:36
skeptical. Can I be skeptical about
5:39
that? Having done this for a very, very
5:40
long time, having been in the financial
5:42
services industry for a very, very long
5:44
time. Anytime I hear multi-level
5:47
marketing and money finances, I'm
5:50
skeptical. So, I want you to be
5:52
skeptical, too. Take your time. Go to my
5:55
site at the annuity man. Shop all
5:56
carriers. run quotes. We have hundreds
5:58
of thousands of quotes run every month
5:59
on our site. No one's going to call you,
6:02
but um hey,
6:05
alert. Multi-level marketing annuity
6:07
nutrition alert. It's coming your way
6:09
and you will eventually be invited to
6:12
one of those parties. My name is Stan
6:14
the Annuity Man. Stay safe out there.
6:15
Stay smart out there. I'll see you next
6:17
time.
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