Expat Exchange Community
12 years ago
"Financial Advisers"
12 years ago
Have any others had unfortunate experiences with an allegedly reputable London firm offering independent expert financial advice which turned out to be lamentable?
Not only do they fail to live up to their promise but I have found them unreliable and, to be frank, devious.
The "senior partner" in this country returned to he UK to solve "a family problem" but took weeks to trace and contact. He then disappeared.
His replacement here was reluctant to help, telling me he was not obliged to offer assistance, but was doing it out of the goodness of his heart". (This after my paying huge commissions!)
After delaying for some weeks he failed to come up with the information I sought, referring me after this delay to their Customer Advice man in a THIRD country.
In response to my email he made contact but was unavailable for a phone conversation as he would be "visiting the UK."
I was given abysmal advice by the company agent who misrepresented a great deal - to my distress.
Clearly the company realises their agent erred and are simply shuffling me from pillar to post.
Be EXTREMELY careful before you sign up with an outwardly efficient company with reps all over the world - a touch that inspires confidence. In particular steer clear of any suggested "Autocall" investments. "Love Money" has warned about both Autocall and "Financial Advisers" themselves..with good reason.
I would be happy to tell you more if you contact me.
These people have been catastrophic for me and I should like to caution you about their manner of treating clients - so contrary to the image promoted by their glossy website!
It is clear they have no wish to be accountable. . Slippery and elusive. As for the 'expert advice" - you'd fare better checking with a few friends - or leaving your money in the bank to gather at least a little interest!
I can offer you more advice which I hope may alert you to their manner of operation. colinshamilton at gmail dot com
(ex BBC World Service)
Not only do they fail to live up to their promise but I have found them unreliable and, to be frank, devious.
The "senior partner" in this country returned to he UK to solve "a family problem" but took weeks to trace and contact. He then disappeared.
His replacement here was reluctant to help, telling me he was not obliged to offer assistance, but was doing it out of the goodness of his heart". (This after my paying huge commissions!)
After delaying for some weeks he failed to come up with the information I sought, referring me after this delay to their Customer Advice man in a THIRD country.
In response to my email he made contact but was unavailable for a phone conversation as he would be "visiting the UK."
I was given abysmal advice by the company agent who misrepresented a great deal - to my distress.
Clearly the company realises their agent erred and are simply shuffling me from pillar to post.
Be EXTREMELY careful before you sign up with an outwardly efficient company with reps all over the world - a touch that inspires confidence. In particular steer clear of any suggested "Autocall" investments. "Love Money" has warned about both Autocall and "Financial Advisers" themselves..with good reason.
I would be happy to tell you more if you contact me.
These people have been catastrophic for me and I should like to caution you about their manner of treating clients - so contrary to the image promoted by their glossy website!
It is clear they have no wish to be accountable. . Slippery and elusive. As for the 'expert advice" - you'd fare better checking with a few friends - or leaving your money in the bank to gather at least a little interest!
I can offer you more advice which I hope may alert you to their manner of operation. colinshamilton at gmail dot com
(ex BBC World Service)
