Company Information

Get to know Financial Education Services Inc. (FES) San Francisco Bay Area

Financial Education Services Inc. (FES), which later began operating as United Wealth Education, was a Michigan-based company founded in 2004. The company operated on a multi-level marketing (MLM) business model, selling a "Protection Plan Membership" that included services such as credit report analysis, credit repair, credit monitoring, identity theft protection, and tools for creating last wills and trusts. The company's business model focused heavily on recruiting new agents to sell memberships, who in turn were encouraged to recruit more agents. In 2022, the U.S. Federal Trade Commission (FTC) took legal action against the company, leading to a court order that shut down its operations.

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Financial Education Services Inc. (FES) San Francisco Bay Area

United States

Founded in

2004 (22 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.