MWR Financial Review 2.0: $149.97 a month recruitment
MWR Financial began as My Warranty Rewards back in 2013. The company is founded by Jay Tuerk and Yoni Ashurov.
In 2015 My Warranty Rewards was rebooted as MWR Life. In addition to the original warranty plan, MWR Life added several additional phone-based services.
I initially figured MWR Financial was another reboot. MWR Life however is still operating under Yoni Ashurov (right) as President and CEO.
The primary difference between MWR Life in 2015 and today is that it focused in on discount travel services.
In 2021, a top MWR Life distributor was arrested in Andorra and charged with pyramid fraud related offenses.
As tracked by SimilarWeb, monthly website traffic to My Warranty Rewards’ website is sitting at around ~25,000 visits.
BehindMLM published its initial MWR Life review in October 2018. Essentially MWR Life saw MWR Life’s financial subscription service spun off as its own MLM opportunity.
The MWR abbreviation, originally standing for “My Warranty Rewards”, was also replaced with “Make Wealth Real”.
MWR Financial is headed up by CEO Brian House, a former Youngevity executive.
We’re also noting the recent appointment of Bill Andreoli as President.
Andreoli joins MWR Financial fresh from his brief stint at Richard Smith’s TranzactCard disaster.
Both MWR Life and MWR Financial are based out of Florida in the US.
MWR Financial’s Products
MWR Financial markets a $149.97 monthly subscription.
MWR Financial’s subscription provides access to various financial services, including:
- debt elimination
- tax reduction
- bill planning
- credit restoration/enhancement
- “the best ways to save, grow and protect your money and assets”
MWR Financial’s Compensation Plan
MWR Financial’s compensation plan pays on the sale of $149.97 a month subscriptions to retail customers and recruited affiliates.
MWR Financial Affiliate Ranks
There are sixteen affiliate ranks within MWR Financial’s compensation plan.
Along with their respective qualification criteria, they are as follows:
- Marketing Director – sign up as a MWR Financial affiliate and refer at least one customer
- Executive Director – recruit three Marketing Directors or higher and refer at least two customers
- 2 Star Executive Director – have at least twelve customers across your downline
- 3 Star Executive Director – have at least thirty-six customers across your downline
- 4 Star Executive Director – have at least ninety customers across your downline
- 5 Star Executive Director – have at least one hundred and eighty customers across your downline
- Regional Director – have at least three hundred customers across your downline
- 2 Star Regional Director – have at least four hundred and eighty customers across your downline
- 3 Star Regional Director – have at least seven hundred and fifty customers across your downline
- 4 Star Regional Director – have at least one thousand two hundred customers across your downline
- 5 Star Regional Director – have at least one thousand eight hundred customers across your downline
- National Director – have at least three thousand customers across your downline
- Vice Presidential Director – have at least six thousand customers across your downline
- Presidential Director – have at least twelve thousand customers across your downline
- Executive Chairman – have at least twenty-one thousand customers across your downline
- National Ambassador – have at least thirty-three thousand customers across your downline
MWR Financial classifies retail customers and recruited affiliate customers the same. That is to say, anyone paying $149.97 a month is a customer.
Referral Commissions
MWR Financial affiliates earn $50 per personally referred retail customer or recruited affiliate.
Residual Commissions
MWR Financial residual commissions are tied to rank:
- Executive Directors receive $5 a day
- 2 Star Executive Directors receive $20 a day
- 3 Star Executive Directors receive $50 a day
- 4 Star Executive Directors receive $100 a day
- 5 Star Executive Directors receive $150 a day
- Regional Directors receive $200 a day
- 2 Star Regional Directors receive $300 a day
- 3 Star Regional Directors receive $400 a day
- 4 Star Regional Directors receive $650 a day
- 5 Star Regional Directors receive $1000 a day
- National Directors receive $1500 a day
- Vice Presidential Directors receive $3000 a day
- Presidential Directors receive $5000 a day
- Executive Chairmans receive $10,000 a day
- National Ambassadors receive $15,000 a day
Rank Achievement Bonuses
MWR Financial rewards affiliates for qualifying at Executive Director through 3 Star Executive Director within a set timeframe:
- qualify at Executive Director within 30 days of signing up and receive $150
- qualify at 2 Star Executive Director within 60 days of signing up and receive $450
- qualify at 3 Star Executive Director within 90 days of signing up and receive $900
Team Growth Bonus
MWR Financial affiliates who qualify at 2 Star Executive Director and higher receive a $300 a week Team Growth Bonus.
Infinity Leadership Bonus
MWR Financial rewards affiliates who rank at 3 Star Executive Director and higher with an Infinity Leadership Bonus:
- qualify at 3 Star Executive Director and receive $30
- qualify at 4 Star Executive Director and receive $40
- qualify at 5 Star Executive Director and receive $50
- qualify at Regional Director and receive $60
- qualify at 2 Star Regional Director and receive $70
- qualify at 3 Star Regional Director and receive $80
- qualify at 4 Star Regional Director and receive $90
- qualify at 5 Star Regional Director and receive $100
- qualify at National Director and receive $110
- qualify at Vice Presidential Director and receive $120
- qualify at Presidential Director and receive $130
- qualify at Executive Chairman and receive $140
- qualify at National Ambassador and receive $150
The Infinity Leadership Bonus is a coded recruitment bonus. This means that $150 is paid our per affiliate recruited.
The coded nature of the bonus allows higher ranked MWR Financial affiliates to receive overrides on Infinity Leadership Bonuses paid out to lower ranked affiliates in their downline (the difference is passed up till the full $150 is paid out).
Joining MWR Financial
MWR Financial affiliate membership is $249.97 and then $149.97 a month.
MWR Financial Conclusion
The biggest changes in MWR Financial since our 2018 review are:
- the monthly cost jumping from $40 a month to $149.97
- the compensation plan being streamlined (bonuses removed) and
- no retail customer requirements
Back in 2018 MWR Financial’s commission qualification criteria revolved around Customer Points, all of which could be (and were likely) self-funded.
Now MWR Financial affiliates just need “customers”, which can be themselves and recruited affiliates.
To be Active, your Biz Center must be current. To be Qualified, you must be Active with at least 1 Active Customer of which can be yourself.
This lends itself to MWR Financial operating as a pyramid scheme.
This has been a problem since 2018;
Ranking up in the MWR Financial compensation plan introduces recruitment requirement and higher Customer Point amounts.
The problem is the higher Customer Point amounts can be satisfied via recruitment. 2 points per personally recruited affiliate signed up to Financial Edge if I’m not mistaken.
This signing up for Financial Edge and then recruiting affiliates who do the same means an MWR Financial affiliate can ignore retail altogether.
Today new MWR Financial affiliates sign up and pay a monthly fee. Commissions are paid when they recruit others who do the same.
Retail commissions are available but there’s no inherent incentive or requirement to focus on them over recruitment.
MWR Financial marketing might also lend itself to potential FTC violations.
Take advantage of the ONLY membership that can actually put more money in your pocket EVERY month than what it costs to participate!
That’s a quote from MWR Financial’s website. If the majority of MWR Financial customers aren’t making more than $149.97 a month through use of subscription services, this could be construed as misleading advertising.
In identifying MWR Financial as a potential pyramid scheme in 2018, I concluded;
As a prospect MWR Financial affiliate, try paying for Financial Edge for three months before committing as an affiliate.
It’ll cost you the same as an affiliate anyway, so you’re not losing anything by doing so.
If after three months as a retail subscriber you’re satisfied you can market Financial Edge to other retail customers, proceed.
If not… well, you have your answer.
That still holds true today. If, as per MWR Financial’s marketing, you’re not making back more than $149.97 a month from using their subscription services, MWR Financial’s subscription isn’t retail viable.
From a due-diligence perspective that’s one way to confirm a pyramid scheme, which you’ll want to avoid.
