practical-financial-investment-group-logoThe Practical Financial Investment Group website presents James Brown as owner of the company.

The Practical Financial Investment Group website credits Brown with working for “20 plus years (as an) entrepreneur from home” and earning a “five figure monthly residual”.

James now mentors and trains others on how to earn a yearly residual income monthly by investing in PFIG and or working a few hours per week.

james-brown-practical-financial-investment-group-ownerOn the CareerBuilder website, James Brown (right) is advertising Licensed Insurance Agent positions for Summit Alliance Advantage.


•Qualify for monthly bonus programs in addition to commissions

•First year potential to earn $130k – $275k with much higher long term growth attainable

•Management opportunities with no territory restrictions are currently available

•Managers with multiple years experience can make $250k-$500k first year

A Google search on “Summit Alliance Advantage” reveals Brown advertising the same positions on a number of employment-related websites.

Practical Financial Investment Group does is not named on any of Brown’s Summit Alliance Advantage classifieds.

Brown lists his location in the ads as Dallas, Texas, which is presumably where Practical Financial Investment Group is being operated from.

Read on for a full review of the Practical Financial Investment Group MLM opportunity.

The Practical Financial Investment Group Product Line

Practical Financial Investment Group has no retailable products or services, with affiliates only able to market Practical Financial Investment Group affiliate membership itself.

The Practical Financial Investment Group Compensation Plan

The Practical Financial Investment Group compensation plan sees affiliates buy in at one or more of eight offered tiers:

  • $50 a month
  • $100 a month
  • $200 a month
  • $500 a month
  • $1000 a month
  • $2000 a month
  • $5000 a month
  • $10,000 a month

Payment at each tier is made directly to the affiliate who recruited them. Payment at each tier also qualifies a Practical Financial Investment Group affiliate to receive gifting payments at that tier from subsequently recruited affiliates.

Residual commissions are tracked via a perpetual 1up compensation structure.

This sees an affiliate receive the entire buy-in of their first recruited affiliate. The second affiliate they recruit is passed up to the affiliate who recruited them (their immediate upline).

They keep all gifting payments from the third recruited affiliate and again pass up the fourth.

This payment structure continues on, with an affiliate retaining gifting payments made by odd-numbered affiliates and passing up all even-numbered affiliates.

In turn, recruited affiliates must also pass up gifting payments from their even-numbered recruited affiliates.

This continues perpetually, down a theoretically infinite number of levels.

Tier buyin fees are due monthly, which sees funds gifted between affiliates on a monthly basis as well.

Joining Practical Financial Investment Group

Affiliate membership with Practical Financial Investment Group is tied to a gifting payment of at least $50 a month.

Full participation across all eight offered cash gifting tiers costs $18,850 a month


From the Practical Financial Investment Group website;

Our 3 Steps to Financial Freedom Part-time Home Business

1. We invest in PFIG to make instant residual money, become debt free, and secure our retirement.

2. We invest in living benefits insurance to protect our money and make it grow.

3. We invest in life insurance/final expense insurance to protect our families when we die.

Whatever merits steps two and three might have, they are entirely negated by step 1 being participation in a cash gifting scheme.

There is no getting around Practical Financial Investment Group being nothing more than an eight-tier gifting scheme.

You buy in at one or more offered tiers, which sees you gift the entirety of your participation fee to the affiliate who recruited you. You then get paid by recruiting new participants into the scheme, who pay you or the affiliate who recruited you the entirety of their buy-in.

As if this wasn’t bad enough, Practical Financial InvestmentGroup also has its affiliates committing mail fraud.

(When you sign up), include the information below:

Your name, email, mailing address or PO Box where you want your payments to be mailed to you.

The first money order is mailed to you the same week we sign the new member up with you.

The United States Postal Service describes cash gifting schemes as “chain letters”.

A chain letter is a “get rich quick” scheme that promises that your mail box will soon be stuffed full of cash if you decide to participate.

You’re told you can make thousands of dollars every month if you follow the detailed instructions in the letter.

There’s at least one problem with chain letters. They’re illegal if they request money or other items of value and promise a substantial return to the participants.

Chain letters are a form of gambling, and sending them through the mail (or delivering them in person or by computer, but mailing money to participate) violates Title 18, United States Code, Section 1302, the Postal Lottery Statute.

To remove any lingering doubt as to what Practical Financial Investment Group is, here’s how one affiliate is marketing the scheme:

It is PASSIVE income at its best plus optional active income! It is GUARANTEED INCOME! Wow!!!

Everyone succeeds. (not rev/share nor gifting). Earn 5 figures per month and then pass it on to your heirs.

As with all cash gifting schemes, once new affiliate recruitment dries up, so too will payments within the scheme.

This will see those at the bottom (with no recruits under them) stop paying their monthly participation fee.

That means those above them stop getting paid, with enough cancelled payments seeing them too not pay their monthly fee.

Once this effect trickles up far enough along the Practical Financial Investment Group company-wide affiliate-base, an irreversible collapse is triggered.

Or as the United States Postal Service puts it:

The main thing to remember is that a chain letter is simply a bad investment.

You certainly won’t get rich. You will receive little or no money. The few dollars you may get will probably not be as much as you spend making and mailing copies of the chain letter.

Participating in a chain letter is a losing proposition. Turn over any chain letter you receive that asks for money or other items of value to your local postmaster or nearest Postal Inspector.

Write on the mailing envelope of the letter or in a separate transmittal letter, “I received this in the mail and believe it may be illegal.”

Sound advice for anyone still thinking of participating…