Freedom Equity Group operate in the insurance MLM niche.

The company was founded in 2002 and is based out of California in the US.

Heading up Freedom Equity Group are co-founders Ron Bloomingkemper (Chairman), Ron Petrinovich (CEO) and Bill St. Clair (President).

According to Bloomingkemper’s corporate bio, he’s

been in the life insurance and annuity business for more than 40 years.

As an owner and co-build of National Marketing Alliance, which produced over 40 Billion in face amount of insurance, he helped create one the highest producing companies in the US.

Ron Petrinovich and Bill St. Clair came across with Bloomingkemper from National Marketing Alliance.

In 1992, Bill began his working relationship with Ron Petrinovich, and Ron Bloomingkemper heading up the annuity division of National Marketing Alliance.

Prior to co-founding Freedom Equity Group, Bloomingkeeper is reported to have been promoting A.L. Williams and Primerica. I believe this makes up the bulk of his “more than 40 years” in the insurance and annuity business claim.

I wasn’t able to definitively establish why National Marketing Alliance was effectively rebooted as Freedom Equity Group. I did note National Marketing Alliance had troubles with at least one of their insurance partners.

Read on for a full review of Freedom Equity Group’s MLM opportunity.

Freedom Equity Group’s Products

Freedom Equity Group markets indexed universal life insurance and annuities through third-party partners.

Not having an insurance background, I was clueless as to what an
IUL
or
annuities
are. As linked, Investopedia has decent articles explaining the ins and outs of both.

Are Freedom Equity Group’s plans competitive or worthwhile? That I can’t answer because no specifics are provided on the company’s website.

I get that insurance premium’s vary from individual to individual, but Freedom Equity Group don’t even provide
basic information 
about IULs or annuities.

Freedom Equity Group’s Compensation Plan

Rather than provide compensation documentation to the public and prospective affiliates, Freedom Equity Group only focuses on income potential.

I know this because I went through every single “presentation” and “compensation” video provided by the company.

The following analysis of Freedom Equity Group’s compensation plan is what I was able to piece together from numerous presentations.

If I’ve left anything out, it’s because Freedom Equity Group are more interested in dazzling prospective recruits with dollar signs than providing actual compensation information.

Freedom Equity Group Affiliate Ranks

There are six affiliate ranks referenced in recent Freedom Equity Group presentations:

Training Representative

Representative

District Manager

Division Manager

Regional Manager

Regional Vice President

I was able to find qualification criteria from 2017 but it was for different ranks. Notably there were ranks higher than Regional Vice President but I wasn’t able to confirm th

🤖 Quick Answer

What is Freedom Equity Group's business model?
Freedom Equity Group operates in the insurance MLM sector, utilizing a multi-level marketing structure for life insurance and annuity products. Founded in 2002 and headquartered in California, the company leverages network-based distribution channels to market insurance solutions through independent agents and distributors.

Who are the founders of Freedom Equity Group?
Freedom Equity Group was founded by three co-founders: Ron Bloomingkemper (Chairman), Ron Petrinovich (CEO), and Bill St. Clair (President). All three previously worked together at National Marketing Alliance, bringing extensive experience in insurance and annuity distribution.

What is Ron Bloomingkemper's background?
Ron Bloomingkemper brings over 40 years of experience in life insurance and annuity business. As owner and co-builder of National Marketing Alliance,

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