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Old 25.04.2015, 10:16
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Guardian Life - interesting or scam ?

Hey,

Got cold called for the first time last week and got intrigued on what they were talking about, but not sure what the company was.

Met with the guy, turns out it is Guardian Wealth Management (guardianlife.com).

The guy seemed legit and set to met again next week.

I asked the guy how he makes money and he said all the details of what commission/fees will be in the suggested products. Something he will send me before we meet again.

Now tried to read up on the company and I can find anything from "ITS A SCAM" to "This is awesome" which raises my alarm bells.

The more I think about it it is all too sales pitchy covered by friendly words and advice.

I'm probably going to just hear what the guy has to say and if he offers some insurance based saving plan I know its BS.

Just wondered if you guys know something about these guys and if there are any fun questions I can ask him to reveal his true intentions ?
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Old 25.04.2015, 10:34
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Re: Guardian Life - interesting or scam ?

It's absolutely not a scam. Anyone who says anything else would be opening themselves up to all sorts of trouble and threads have been known to disappear when the ethics of some companies have been discussed. Some wealth management companies target expats since they can sell them products that they're legally forbidden to sell to Swiss citizens.

However, I will say the most common advice you'll get from this site is "don't get involved". If you do get involved, then make sure you have full disclosure of who has control of your money, what the charges are, when they're applied, what happens if you need your money early etc. etc. - and have an independent expert verify all that is suggested.

You might like to examine the results of this search.
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Old 25.04.2015, 12:30
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Re: Guardian Life - interesting or scam ?

The Radio 4 Money Box advice is never buy any investment from a company that cold calls you.

The EF member advice tends to be pretty similar.
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