Hubert Humphrey (MLM)
Encyclopedia
For the United States vice president, see Hubert Humphrey
. For other uses, see Hubert Humphrey (disambiguation).
Hubert Humphrey aka Steeley Hubert Humphrey, Jr. (born 1942, Macon, Georgia
) is the founder of several multi-level marketing
financial services
corporations in the United States
. Mr. Humphrey also markets motivational business material from his online store.
Companies that he formed include Global Equity Lending (formerly World Lending Group), Global Realty Marketing (formerly World Realty Group), World Marketing Alliance, and World Leadership Group. World Leadership Group ceased business operations in December 2008 citing current market conditions in the mortgage and real estate industries.
Hubert Humphrey was one of the original members in the A. L. Williams organization, who became well known in later years for their controversial insurance philosophy Buy Term And Invest The Difference and multi-level marketing (MLM) organization structure. Hubert Humphrey, who worked for over 20 years on the railroad, was an Amway
(not to be confused with Amtrak
) distributor before joining A.L. Williams, began to apply these techniques to his A.L. Williams sales organization initially without the knowledge or consent of A.L. Williams founder Art Williams.
In 1990, A.L. Williams, a private company, was sold to Primerica and was renamed to Primerica Financial Services. After the acquisition, the founder of A.L. Williams, Art Williams
was no longer part of the company, Hubert Humphrey was angry that Art Williams didn't leave A.L. Williams to him, he decided to leave to pursue other interests. Since his sales organization was about 50% of the entire Primerica sales force, it was a major blow to the organization when he left.
Hubert Humphrey then created Alexander, Inc., which soon thereafter became World Marketing Alliance, Inc. The industry the new company served was still insurance and investments, however the product was different. Hubert's new company concentrated on marketing Variable Universal Life (VUL
). Hubert Humphrey eventually sold select assets of World Marketing Alliance to Aegon in 2001. The remaining assets of World Marketing Alliance retained by Hubert Humphrey included WMA Mortgage Services, Inc., which became the foundation for World Leadership Group and Global Equity Lending.
Global Preferred Holding and World Leadership Group are separate entities.
Hubert Humphrey
Hubert Horatio Humphrey, Jr. , served under President Lyndon B. Johnson as the 38th Vice President of the United States. Humphrey twice served as a United States Senator from Minnesota, and served as Democratic Majority Whip. He was a founder of the Minnesota Democratic-Farmer-Labor Party and...
. For other uses, see Hubert Humphrey (disambiguation).
Hubert Humphrey aka Steeley Hubert Humphrey, Jr. (born 1942, Macon, Georgia
Macon, Georgia
Macon is a city located in central Georgia, US. Founded at the fall line of the Ocmulgee River, it is part of the Macon metropolitan area, and the county seat of Bibb County. A small portion of the city extends into Jones County. Macon is the biggest city in central Georgia...
) is the founder of several multi-level marketing
Multi-level marketing
Multi-level marketing is a marketing strategy in which the sales force is compensated not only for sales they personally generate, but also for the sales of others they recruit, creating a downline of distributors and a hierarchy of multiple levels of compensation...
financial services
Financial services
Financial services refer to services provided by the finance industry. The finance industry encompasses a broad range of organizations that deal with the management of money. Among these organizations are credit unions, banks, credit card companies, insurance companies, consumer finance companies,...
corporations in the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
. Mr. Humphrey also markets motivational business material from his online store.
Companies that he formed include Global Equity Lending (formerly World Lending Group), Global Realty Marketing (formerly World Realty Group), World Marketing Alliance, and World Leadership Group. World Leadership Group ceased business operations in December 2008 citing current market conditions in the mortgage and real estate industries.
Hubert Humphrey was one of the original members in the A. L. Williams organization, who became well known in later years for their controversial insurance philosophy Buy Term And Invest The Difference and multi-level marketing (MLM) organization structure. Hubert Humphrey, who worked for over 20 years on the railroad, was an Amway
Amway
Amway is a direct selling company and manufacturer that uses network marketing to sell a variety of products, primarily in the health, beauty, and home care markets. Amway was founded in 1959 by Jay Van Andel and Richard DeVos...
(not to be confused with Amtrak
Amtrak
The National Railroad Passenger Corporation, doing business as Amtrak , is a government-owned corporation that was organized on May 1, 1971, to provide intercity passenger train service in the United States. "Amtrak" is a portmanteau of the words "America" and "track". It is headquartered at Union...
) distributor before joining A.L. Williams, began to apply these techniques to his A.L. Williams sales organization initially without the knowledge or consent of A.L. Williams founder Art Williams.
In 1990, A.L. Williams, a private company, was sold to Primerica and was renamed to Primerica Financial Services. After the acquisition, the founder of A.L. Williams, Art Williams
Art Williams
Arthur T. Williams is an American former professional basketball player.A 6'1" guard from California State Polytechnic University, Pomona, Williams played seven seasons in the National Basketball Association as a member of the San Diego Rockets and Boston Celtics...
was no longer part of the company, Hubert Humphrey was angry that Art Williams didn't leave A.L. Williams to him, he decided to leave to pursue other interests. Since his sales organization was about 50% of the entire Primerica sales force, it was a major blow to the organization when he left.
Hubert Humphrey then created Alexander, Inc., which soon thereafter became World Marketing Alliance, Inc. The industry the new company served was still insurance and investments, however the product was different. Hubert's new company concentrated on marketing Variable Universal Life (VUL
VUL
VUL may refer to:* Vancouver Ultimate League* Variable universal life insurance...
). Hubert Humphrey eventually sold select assets of World Marketing Alliance to Aegon in 2001. The remaining assets of World Marketing Alliance retained by Hubert Humphrey included WMA Mortgage Services, Inc., which became the foundation for World Leadership Group and Global Equity Lending.
Global Preferred Holding and World Leadership Group are separate entities.