Ancora Financial Llc reviews

Ancora Financial Llc is a privately held company in insurance with 11-50 employees founded in 2016. Ancora Financial Llc's reputation score is 1%, which is bad.

Editorial review

Is Ancora Financial Anchored?

Please may we cover a little something before we tell you our story about Ancora. We need to get something across to you that is of parlous importance but is very rarely given the neon lights it deserves. When you buy a bunch of apples from the supermarket, have you ever seen the producer insert a disclaimer something along the lines of “Eat at your own risk or all worms found in your apple was not placed by us but was inserted into the product by nature? There’s no such thing, right?

So how comes whenever we encounter financial products, there’s always a disclaimer such as like that on Ancora’s website and every other financial organization as it’s stipulated by law. However, have you ever wondered why? Well, you should as it’s there for a reason. It covers the ‘company’ not ‘you’, in case everything goes belly up for you. Strange, it doesn’t apply to apples.

Ancora is Italian for anchored, so here’s what they offer:

  • Encourage to pay off high-interest debts
  • Protection against loss of income or family assets
  • Teach you how to live on 90% of your take home pay
  • Aim to retain a minimum of 3-6 months’ salary for emergencies
  • Periodically track earnings and expenditure on your financial portfolio
  • Offer advice to switch from low-interest savings to better performing saving options
  • Assist you in managing your expenses by increasing the cash flow through budgeting

Develop an emergency plan that is available always and must be separate from the rest

Ancora also offers simple, good quality tips to work that cash in your favour

  • Raise insurance deductibles
  • Earn tax benefits from a home-based business
  • Start by building a long term financial plan and stay ahead of inflation
  • Tax and estate planning is fundamental to take advantage of incentives
  • Cancel life insurance on all financial or credit card debts, encapsulate it into one product
  • Wherever possible minimize your taxes when you are alive and passed on from our planet
  • Options to earn additional income, 2nd career option or part-time work to rein in tax benefits
  • Get rid of Private Mortgage Insurance (PMI) when equity reaches 20% of the value of your home

Financial data and customer testimonials

Afraid, we need more than just good sound financial advice and at present we are unable to verify their accounting and customer testimonials. Thus, we will surely let you know as soon as we have received more up to date information. In the meantime, Ancora’s investment risk disclaimer goes something like this and of course it’s no different to millions of other financial services companies. However, we would like you to pause and think as this disclaimer is there for a reason and it does not only apply to Ancora, but to you personally. It’s importante, senor and senoritas.

We quote from Ancora’s website:

1. Information contained herein should not be construed as legal or tax advice and is intended for illustrative purposes only. All charts, graphs, estimates and projections are based upon hypothetical situations, are not representative of any particular financial condition and are not intended to represent a likely or guaranteed return or outcome for any prospective customer.

2. The Ancora Financial Needs Analysis is based upon source information believed to be accurate. It is an analysis to determine appropriate individual financial needs and does not constitute a solicitation for the purchase or sale of any specific financial product or service.’

Always rely on a qualified independent financial agent that has a solid historical track history, not your friends, family or Joe at the pub. It’s your money, your life and it is ‘you’ that needs to take charge, no one else. To be perfectly frank, most of the advice offered by Ancora are predominantly common sense. So, here’s our advice why not save the commission that Ancora charges and try doing it yourself and if you are struggling, come back to this page to check if we’ve updated it with actual customer testimonials.

Mala Papachan

Ancora Financial Llc Contact Details

Company ID


Incorporation Date
30 December 2015

[email protected]

Social media accounts

Company Profile

Type: Privately Held

Headquarters: 10808 South River Parkway Suite 3078, South Jordan, Utah 84095 United States

Industry: Insurance

Company Size:11-50 employees


Affiliated Companies: Primerica, Lendified,, Afortus Financail,, Key Insurance Agency, Afortus Financial, Federal Financial Group, LLC, Afortus, LLC


, customer service
, customer service
, Director Administrativo
, Senior Financial Planner, Benefit Consultant and Operations Manager at Key Insurance Agency, Inc. of Hinsdale
, Regional Manager at Ancora Financial
, District Coordinator/Agent Sacramento CA at Federal Financial Group

Country affiliation

United States



Possible negative reviews and complaints for Ancora Financial Llc

Ancora Financial Llc Lawsuits

Ancora Group Inc. v. Ancora Financial LLC :: Ohio Northern District ...

Dec 26, 2016 ... Ancora Group Inc. v. Ancora Financial LLC, Case No. 1:16-cv-01324 in the Ohio Northern District Court.

Ancora Group Inc. v. Ancora Financial LLC (1:16-cv-01324), Ohio ...

Jun 1, 2016 ... Ancora Group Inc. v. Ancora Financial LLC (1:16-cv-01324), Ohio Northern District Court, Filed: 06/01/2016 - PacerMonitor Mobile Federal and ...

Ancora Group Inc. v. Ancora Financial LLC :: Justia Dockets & Filings

Jun 1, 2016 ... Ancora Group Inc. v. Ancora Financial LLC. Plaintiff: Ancora Group Inc. Defendant: Ancora Financial LLC. Case Number: 1:2016cv01324.

Ancora Group Inc. v. Ancora Financial LLC

Parties, docket activity and news coverage of federal case Ancora Group Inc. v. Ancora Financial LLC, case number 1:16-cv-01324, from Ohio Northern Court.

Web ratings

Ancora Financial Llc has found on

Visitor comments about Ancora Financial Llc

on commented

they are doing a scam

on commented


on commented

How can this company be just a year or so old and some sales reps say they have worked with them for 14 years? Is this part of the Federal Financial Group that promised appointments for agents and told the prospects they could win a car or vacation or at least a free vacation. It was a worthless scratch card that gave everyone a "free" vacation which was just a timeshare promotion. Also, who is Afortis Financial Group which I have seen with the same come on and is also out of Utah?

on commented

The negative comments here about Ancora are coming from disgruntled employees who were not motivated enough to put in the work and the time needed to be successful. The $297. they are referring to is the sign-on amount for employees who get that back once they put in the effort and time to make sales. I have worked with them for 14 years and they have an excellent system and great training if your willing to do the work. Notice there are NO clients who have left negative remarks because the company we primarily use is Global Atlantic and they have an A rating with the BBB.

on commented

This company called my job and when they couldn't speak to my manager they asked if I was employed with the company. When I replied that I was, the caller continued with my age group and my income group. When they tried to ask another question I replied that I could not continue the call but they continued to talk. I hung up. They called back. I hung up. Almost 30 minutes later, they called back again! Very frustrating!!!!

on commented

Scumbags won't quit calling me!

on commented

This is a wonderful company with agents that really care about my well being. This website is strange. I asked my rep about what it has to say and he made some good comments:
1 - A broker has to, by law, leave those statements on the bottom of all marketing material.
2 - It's not Ancora that holds the money, it's the Insurance company that holds the money. The Reps of Ancora only propose partnering with these strong, highly rated companies.
3 - Anyone calling Ancora unethical is not familiar with the company at all. Or was unwilling to do whatever it takes to be successful in this business. Take a look at the source. If you're agent is doing right by you, you are good to go.
4 - None of those listed as employees are even employees. This site Repdigger does no homework and is letting garbage and untruths filter in . To include there is no affiliation with Belgium, Italy, or the Christmas Islands?? I wouldn't trust anything this website is putting out.

I wish you the best of luck

on commented

I've worked with Ancora Financial for a few years now. I love them.

on commented

This company has done work for me in the past, i did not have any problems, In fact they went above and beyond to help me out! surprised to see any negative scores!

on commented

This company has done a great job for me.

on commented

This is a scam, they got $297 out of my bank account. Don't give out you Bank info. I will put these crooks out of business.....

on commented



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