Financial Destination Inc Review and Profile

Financial Destination Inc no longer appears to be active as a direct sales company.

Financial Destination, Inc. is no longer active as an independent MLM company. Youngevity finalized its acquisition of the business in October 2011 and absorbed FDI’s marketers, customers, services and corporate team into the combined Youngevity organization.

Original Npros business profile for Financial Destination Inc, preserved below for archival purposes:

Financial Destination, Inc., commonly known as FDI, was founded in June 2003 by William J. Andreoli and headquartered in Derry, New Hampshire. The company marketed educational and consumer-service programs intended to help households manage debt, improve credit, reduce recurring expenses and build wealth. Its former corporate address was 15 East Broadway, Derry, New Hampshire 03038. FDI entered into a multilevel-marketing tax agreement with the State of Hawaii in March 2006, confirming its operation as an MLM direct seller.

FDI's original financial-education products included MoneyTRAX, WealthTRAX and CreditTRAX, covering cash-flow management, debt elimination, credit education, real-estate investing, stock-market education and tax or accounting services. The company later expanded into pharmacy discount cards, telecommunications services, health and wellness benefits and other household savings programs. By 2011, more than 300,000 consumers had used its free pharmacy discount card, which the company said had produced over $5 million in prescription savings.

Independent representatives marketed FDI's memberships and services and earned commissions from personal customers and sales volume generated through their organizations. The company promoted residual compensation through multiple levels, along with leadership ranks, training and recognition programs. By the time of the Youngevity transaction, FDI reported approximately 10,000 active marketers, 100,000 customer contacts and annual sales of about $10 million.

Youngevity announced the planned acquisition in August 2011 and confirmed its completion on October 27, 2011. William Andreoli became president of Youngevity, and FDI's corporate support team remained with the combined organization. Former FDI distributors gained access to Youngevity's catalog of more than 400 nutritional, lifestyle and coffee products, while Youngevity representatives gained access to FDI's financial and consumer-benefit services.