**
**Trademark of Financial Destination, Inc.
Financial Destination, Inc.
Copyright Jeffrey Babener www.mlmlegal.com
Editor's Note:
Welcome to MLMLegal.Com Company Profiles at www.mlmlegal.com . Here you will find brief summaries of pertinent information about hundreds of MLM, Direct Selling, Direct Sales, Network Marketing and Party Plan Companies. As a general matter, the summary information is derived from Company published information, generally posted at Company websites, public information releases or posts at industry trade sites .*
Founding Story
Financial Destination, Inc. was founded by a New England entrepreneur, William Andreoli, on July 4, 2003. Prior to launching Financial Destination, Inc., he ran multiple restaurants.
www.mlmlegal.com www.mlmlegal.com www.mlmlegal.com www.mlmlegal.com www.mlmlegal.com
The company is located in Windham, New Hampshire.
Impact on the Industry
NA
Discussion of Products
Financial Destination, Inc. offers digital phone service, stationary telephones, videophones, voice-to-text systems, and hands-free telephones.
Discussion of Opportunity
Financial Destination, Inc. offers the following (www.mlmlegal.com) compensation plan:
CEO Fast Start & Double Fast Start Bonuses
The CEO Fast Start Bonus is designed to reward FDI Marketing Directors for their personal account sales activity. FDI will pay you a $100 Fast Start Bonus for every CEO who generates 2 customer points. This bonus is paid weekly. The Marketing Director AND the newly enrolled CEO – IMD must each have 2 customer points.CEO Package Upgrades and Basic Enrollment IMD sales do not count for this bonus.
The Double CEO Bonus is designed to reward FDI Marketing Directors for their personal membership sales activity. This bonus is paid monthly. Marketing Directors must maintain 6 customer points AND must enroll a minimum of 4 New CEO Marketing Directors in the same calendar month, who generate and maintain 2 customer points, in order to qualify for the Double CEO Fast Start Bonus.
Qualifying sales generated for the Double CEO Bonus must remain active for a minimum of 2 consecutive months to be counted for these bonuses. Any accounts that are not active in BOTH months or downgraded will not be counted towards these bonuses. Check out the chart below to see the potential of this powerful Bonus plan. CEO Package Upgrades and IMD Promotional sales do not count for this bonus.www.mlmlegal.com www.mlmlegal.com www.mlmlegal.com www.mlmlegal.com www.mlmlegal.com
www.mlmlegal.com www.mlmlegal.com www.mlmlegal.com www.mlmlegal.com www.mlmlegal.com
50% Matching CEO Fast Start Bonus!
The 50% Matching Fast Start Bonus is designed to reward FDI Marketing Directors for their personally enrolled member’s sales activity. CEO Package Upgrades and Basic Enrollment sales do not count for this bonus.
Qualifications: FDI-IMD must be First Class and CEO Qualified, personally enroll at least 2 new CEO IMDs during the calendar month and maintain 6 customer points to qualify for the 50% Matching Fast Start Bonus. Qualifying sales generated for the 50% Matching Bonus and the Double CEO Bonus must remain active for a minimum of 2 consecutive months to be counted for these bonuses. Any accounts that are not active in BOTH months or downgraded will not be counted towards these bonuses.
FDI Residual Commissions (paid monthly)
Unilevel
FDIVoice, commissions are paid out in the Unilevel structure, as illustrated below and allow for an unlimited number of personally generated direct customer sales.
Financial Destination offers opportunity to everyone from every walk of life. The more you learn about FDI the more convinced you will be that this is the Perfect Business
Qualifications: 1 personally enrolled IMD and 2 customer points are required to earn commission on levels 1-6. 3 personally enrolled IMD’s and 6 customers points are required to earn commissions on level 7.
The FDI Opportunity Expands for IR’s Looking to Grow with FDI
CEO Leadership Coding Bonus
Probably the most exciting part of FDI’s compensation plan, are the Leadership Coding Bonuses. Regional, Executive, Senior Executive, Vice Presidential, Presidential, Vice Chairman and Senior Vice Chairman.
To qualify for CEO Leadership Coding Bonuses, you must generate 2 customer points AND the enrolled CEO Qualified IMD must generate 2 customer points. There is a 30 day grace period (www.mlmlegal.com) for the new IMD to generate 2 customer points.
To qualify for Regional Code, you need to be a fully qualified Regional Marketing Director.
As Regional you will earn a $15 leadership bonus for all new representatives who enter your Regional group paid to an unlimited number of levels.
To qualify for Executive Code, you need to be an Executive Marketing Director.
As an Executive, you will earn a $35 leadership bonus for all new personally sponsored representatives and up to $35 for every new representative in your Executive group, paid to an unlimited number of levels.
To qualify for Senior Executive Code, you need to be a Senior Executive Marketing Director.
As Senior Executive, you will earn a $100 leadership bonus for all new personally sponsored representatives and up to $100 for every new representative in your Senior Executive group, paid to an unlimited number of levels.
To qualify for Vice Presidential Code, you need to be a Vice Presidential Marketing Director.
As Vice Presidential, you will earn a $140 leadership bonus for all new personally sponsored representatives and up to $140 for every new representative in your Vice Presidential group, paid to an unlimited number of levels.
To qualify for Presidential Code, you need to be a Presidential Marketing Director.
As Presidential, you will earn a $170 leadership bonus for all new personally sponsored representatives and up to $170 for every new representative in your Presidential group paid to an unlimited number of levels.
To qualify for Vice Chairman Code, you need to be a Vice Chairman Marketing Director.
As Vice Chairman, you will earn a $180 leadership bonus for all new personally sponsored representatives and up to $180 for every new representative in your Vice Chairman group paid to an unlimited number of levels.
To qualify for Senior Vice Chairman Code, you need to be a Senior Vice Chairman Marketing Director.
As Senior Vice Chairman, you will earn a $190 leadership bonus for all new personally sponsored representatives and up to $190 for every new representative in your Senior Vice Chairman group paid to an unlimited number of levels.
You must be CEO and First Class Qualified to receive FDI’s Car Bonus, Leadership Pool, Presidential Pool and for the ability to attend Leadership Schools nationwide.
Leadership & Infinity Bonuses
Qualified FDI-IR’s have the opportunity to advance in status in the FDI compensation plan by generating more than the required sales necessary to qualify. In the event that an IR achieves an increase in both the number of customer sales and in their personal sales organization size, they will earn the associated Status and receive the Leadership Bonus according to their respective IR Status.
www.mlmlegal.com www.mlmlegal.com www.mlmlegal.com www.mlmlegal.com www.mlmlegal.com
Regional Marketing Director Leadership Bonus
An FDI-IMD is eligible to receive the Regional Marketing Director (RMD) status when all of the following qualifications are fulfilled:
- The IMD must be fully qualified.
- The IMD has generated and maintains a minimum of 3 personally sponsored Qualified Marketing Directors.
- 6 customer points are required to earn Unilevel commissions on the 7th level.
Benefits
Each month that the above qualifications have been satisfied, the Regional Marketing Director will be eligible to earn a $2.50 Leadership Bonus on FDIVoice sales, a $5.00 Leadership Bonus on Preferred sales and a $10.00 Leadership Bonus on First Class sales generated on the seventh level of their Unilevel structure.Executive Marketing Director Leadership Bonus
An IMD is eligible to receive Executive Marketing Director (EMD) status when all of the following qualifications are fulfilled:
- The IMD must be fully qualified.
- The IMD has generated and maintains a minimum of 6 personally enrolled, Qualified Marketing Directors AND generates a minimum of $2500 GMV.
- The IMD must generate and maintain 6 customer points.
Group Monthly Volume (GMV) = Total Monthly Volume Generated on levels 1-7.
Benefits
Senior Executive Marketing Director Leadership Bonus
An IMD is eligible to receive Senior Executive Marketing Director (SEMD) status when all of the following qualifications are fulfilled:
- The IMD must be First Class qualified.
- The IMD has generated and maintains a minimum of 12 personally enrolled, (www.mlmlegal.com) Qualified Marketing Directors AND generates a minimum of $5000 GMV.
- The IMD must generate and maintain 6 customer points.
Benefits
Each month that the above qualifications have been satisfied, the Senior Executive Marketing Director will be eligible to earn a $300* car allowance. Each month that the above qualifications have been satisfied, the Senior Executive Marketing Director will be eligible to earn an additional $2.00 Senior Executive Leadership Bonus on unlimited pay levels from the Preferred and First Class sales volume generated on the eighth level thru unlimited depth of their Unilevel or until the next qualified Senior Executive Marketing Director is identified.Vice Presidential Marketing Director Leadership Bonus
An IMD is eligible to receive the Vice Presidential Marketing Director (VPMD) status when all of the following qualifications are fulfilled:
- The IMD must be First Class Qualified.
- The IMD has generated and maintains a minimum of 15 personally enrolled, Qualified Marketing Directors (2 must be Senior Executive Marketing Directors or higher rank) AND generates a minimum of $50,000 GMV.
- The IMD must generate and maintain 6 customer points.
Benefits
Each month that the above qualifications have been satisfied, the Vice Presidential Marketing Director will be eligibleto earn a $500* car allowance. Each month that the above qualifications have been satisfied, the Vice Presidential Marketing Director will be eligible to earn ONE share of the First Class Leadership Pool.
Presidential Marketing Director Leadership Bonus
An IMD is eligible to receive Presidential Marketing Director (PA) status when all of the following qualifications are fulfilled:
- The IMD must be First Class Qualified.
- The IMD has generated and maintains a minimum of 15 personally enrolled, Qualified Marketing Directors (4 must be Senior Executive Marketing Directors or higher rank) AND generates a minimum of $100,000 GMV.
- The IMD must generate and maintain 6 customer points.
Benefits
Each month that the above qualifications have been satisfied the Presidential Marketing Director will be eligible to earn a $750* car allowance. Each month that the above qualifications have been satisfied, the Presidential Marketing Director will be eligible to earn TWO shares of the First Class Leadership Pool.
www.mlmlegal.com www.mlmlegal.com www.mlmlegal.com www.mlmlegal.com www.mlmlegal.com
Vice Chairman Marketing Director Leadership Bonus
An IMD is eligible to receive Vice Chairman (VC) status when all of the following qualifications are fulfilled:
- The IMD must be First Class Qualified.
- The IMD has generated and maintains a minimum of 15 personally enrolled, Qualified Marketing Directors (2 must be Presidential Marketing Directors or higher rank) AND generates a minimum of $300,000 GMV.
- The IMD must generate and maintain 6 customer points.
Benefits
Each month that the above qualifications have been satisfied the Vice Chairman will be eligible to earn a $5,000/mo. Vice Chairman Bonus consisting of a $1,500* Car Bonus and a $3,500 Lifestyle Bonus PLUS they will be eligible for a $10 Vice Chairman code in the CEO Leadership Bonus.
Senior Vice Chairman Marketing Director Leadership Bonus
An IMD is eligible to receive Senior Vice Chairman (SVC) status when all of the following qualifications are fulfilled:
- The IMD must be First Class Qualified.
- The IMD has generated and maintains a minimum of 15 personally enrolled, Qualified Marketing Directors (4 must be Presidential Marketing Directors or higher rank) AND generates a minimum of $600,000 GMV.
- The IMD must generate and maintain 6 customer points.
Benefits
Each month that the above qualifications have been satisfied the Senior Vice Chairman will be eligible to earn a $10,000/mo. Senior Vice Chairman Bonus consisting of a $2,500* Car Bonus and a $7,500 Lifestyle Bonus PLUS they will be eligible for a $10 Senior Vice Chairman code in the CEO Leadership Bonus.
*The car allowances allow the qualifying Marketing Director to pick the car, color and model they prefer with the exception that the vehicle must be a current year model or no more than 2 years old. Once qualified, the SEMD, VPMD or PMD will have 1 monthly commission cycle to provide a picture of themselves with the vehicle to be posted on the FDI website or included in other FDI promotional materials and a copy of the sales/lease agreement. The bonus will then be paid the following monthly commission cycle. Rank Qualifications must be met each month for this bonus to be paid.
First Class Leadership Pool
Each month $5 from every First Class Sale is placed into the First Class Leadership Pool. 3% of each month’s WellnessTRAX sales are placed into the First Class Leadership Pool.
Each month the pool is divided between Presidential and Vice Presidential Marketing (www.mlmlegal.com) Directors .
Each Vice Presidential Marketing Director will receive 1 share of the pool.Each Presidential Marketing Director and higher rank will receive 2 shares of the pool.
For additional information, one must contact the company.
Discussion of Distributor Base and Sales Volume in U.S.
Financial Destination, Inc. states that it has served over 130,000 customers.
*At MLMLegal.Com the intent of MLM Company Profiles is strictly educational, and, to provide insight into the broad array of Company offerings from an industry that spans the globe in upwards of 150 countries with sales volume exceeding $100 billion and distributor involvement in the tens of millions. MLMLegal.Com does not promote or endorse any Company. MLMLegal.Com offers no value judgments, either pro or con, regarding the Companies. In most instances, descriptive material comes from self description by the Companies themselves. In all presentations, the names and logos of the Companies are obviously the trademarks owned by the Companies and are presented for the express purposes of informing the public about the Companies; and no product or opportunity offered by the Companies is offered in this presentation.
MLMLegal.Com typically provides a link to official Company websites so that readers can become more fully informed about Companies that are profiled. The descriptive material offered is best categorized as "snapshot" information and represents a good starting point for research on Company products, services and opportunities. It should be clearly understood that such information may need updating in a dynamic and changing business marketplace. In addition, the information is gathered and presented in good faith for educational purposes, and if errors in information become apparent, MLMLegal.Com will attempt to correct the information, or if necessary, delete the Profile altogether. A reading of a Company Profile is properly followed up with visits to the Company website, research on major internet search engines, discussions with industry professionals and experts and feedback from those acquaintances who have had direct experience with the Companies. In addition, a wealth of information on MLM, Direct Selling, Direct Sales, Network Marketing and Party Plan will be found at www.mlmlegal.com, including scores of articles, video, resource opportunities and detailed analysis on industry issues and factors to consider in both starting and running a MLM Company or a MLM home based business.
Jeffrey A. Babener, principal attorney in the Portland, Oregon, law firm Babener & Associates, represents many of the leading direct selling companies in the United States and abroad.
www.mlmlegal.com