5Q Group

Mike runs fraud with 5Q

I have never been so intimidated after I learned the insight into the recruiting class of 5Q group. It is true in all ways that the company is a scam. If you will look into the promises that it makes and the things you need to put on stake to join them will itself raise a lot of red flags.

Mike Keselnak who is the founder of the company, flaunts about his program and talks about his pool of agents. However, you would never get to see anyone. Mike promises to get you to his niche clients which is another fake promise. Mike is a great con artist and his ECA marketing is a big trap. He claims that his 17 years of experience in the field has gotten him such a database.

When you sign up, you will have to move all your contracts with other carriers to ECA marketing. The deal says that you need to submit all your business details to them. After you have submitted all the information, then only they give you the access to the 5Q 21 point system. However, you are not allowed to make any notes and share the details outside with anyone. You cannot even consult an active agent and talk about the ways they are doing.

These all are big red flags that anyone can make out what they are selling. Mike is unprofessional and thinks that saying F word makes him cool. Grow up Pal! We are not in a high school anymore. He uses foul word frequently and makes it difficult to take it.

Once, you are in the program, they will introduce the fast start program which they would never mention before the class is joined. You will now see the real maths behind their success. Their secret sauce is not their client, but yours.

You get into the market and need to learn by yourself. Still, they never make it sound less luring. Marketing is their actual trap where they scam people.

You will find Mike talking about the CFP certificate and saying that he does not need one. His system is efficient enough. However, if you really need to know the truth, search the public record. He once held that certificate and was caught selling away. Now you know his ethics. He is not even allowed to work as a broker anymore. His licence was stripped and taken away.

He is a big shot and makes money like insane. Who won’t with an access of other’s contract records. He is a scammer and frauds people with their confidential information. I attended his class just to see how worse can he get. And, I was literally disgusted.

His recruitment is a fake start to find new contractors and get you nothing. I would never ever come back. I left as soon as I was convinced that the rumours are not just rumours. You can bet on that. He is a liar.

Is 5Q Group a legit?

5Q Group is not running a legit business. They are not aggressive towards customer satisfaction and complaint grievance redressal, Hence 3 consumer[s] submitted negative ratings, and only a few left positive feedback.

Where is 5Q Group located?

5Q Group is headquarted at Superior Drive Northwest 2768 MN US. You can contact 5Q Group by dialing (855) 633-0900 or visit their website www2.5qgroup.com.

How much monetary loss is incurred by 5Q Group’s customers?

According to 5Q Group’s customers, a monetary loss of US $1500 has been reported. The severity of entire incident reports is extremely low.

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3 Reviews on 5Q Group

  1. I recently read the review on DirtyScam.com by a disgruntled “would be” producer. Maybe that should be “wanna be” producer.
    I’ve been with the program about 9 months now – certainly long enough to have experienced what “wanna be” talks about, and I’ve been in the business 40+ years, long enough to experience almost everything imaginable.
    And I’m enthralled with the program. 5Q is a coaching program above all else. I’ve been involved with a couple coaches over the years and they have charged me the better part of an arm and a leg for less helpful advice and information than Mike has provided. And Mike doesn’t charge me or anyone else a single penny. But he, like most of us, has these habits of eating, living in a house, driving a car, etc., so he does need to make some money. And he does that by requiring his producers to write all their business through ECA Marketing. (Is “Wanna be” naïve enough to think those other FMO’s don’t take an override on the business placed with them?) But with 40+ years behind me, the commissions I receive from ECA are as high or higher than I’ve received from any other FMO. And the advice from ECA and the markets available are an improvement over others as well. Every single carrier that I used before is represented by ECA. What’s the problem?
    Mike holds a weekly coaching call every Monday morning. Having been around a while, I’ve heard a lot of ideas, opinions, facts, etc. Mike constantly comes up with new, fresh ideas and also reminds me of things I heard a long time ago, but have let escape me. I enjoy hearing them again and maybe this time I’ll implement them. And there are other advisors on those calls, who respond to questions from Mike – or do you think he just has employees that pretend to be other producers? I don’t.
    There are also regularly scheduled marketing suggestions, etc., that Mike provides. I’m not sure how he continues to come up with new, innovative material.
    “Wanna be” complains about foul language. Mike is an ex-sailor (I’m a Marine) so we’re both familiar with it. In 9 months and several personal phone calls, I’ve never heard the F word – not even so much as a “damn” or “hell”.
    None of us have an obligation to educate our competition. Why should Mike give you all his proprietary material, let you walk away with it, let you share it around the internet, etc., before you agree to work with him? I sure wouldn’t. And no one else with common sense would either.
    As I said, I’m enthralled with the program and I think Mike is better off without the “wanna be”s of the world.

  2. 5Q Group - Rochester Minnesota

    Contrary to the reports calling the 5Q Group a scam, I disagree completely. I have been in the financial services industry for over forty years and have
    been amazed by the integrity and consistency of help received from this
    great organization. I would guess the naysayers are not willing to admit how their methods of selling are ineffective as well as outdated. If you’re looking
    for cutting edge marketing and sales in the financial services industry, then
    no need to look further than the 5Q Group. Mike Kaselnak, along with all the folks associated with 5Q are genuinely committed to help those of us that realize that marketing and selling today is vastly different than those of the past. Seek and ye shall find!

    1. Interesting Review

      Gary, contact me at your earliest convenience

  3. unfortunately , this report is true

    I just saw this review. I wish I saw it before I went out to Mike Kastlenak;s place earlier in 2019 ( spring of 2019) . He seems like a nice fellow, but his staff will lie to you to get you to make the trip to his meetings. They promise you free leads to get started & no need to transfer all your contracts to them. Unfortunately it is not true. they will claim that you misunderstood them etc. but the truth is that they intentionally mislead you when you first call , to trick you to make the trip. the marketing team are trained to lie to you. I went there & discovered many many further ” misunderstandings” , which clarified to me that this whole operation is saturated with lies & deception. When I came home & spoke with them I discovered numerous other deceptions. I would be very wary to work with them . due to all the lies & deception I couldn’t possibly ever trust them. who knows what they would pull on me once I did sign up with them.
    be very very careful if you want to deal with them. you are walking into trouble.

Reviews: 3
Reported Loss : 1500 $
Severity : Extremely Low
Reported by : Anonymous
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