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| Hi there
I would say that any financial advisor is just another sales person unfortunately. The only advice you should take is from someone who really cares about your personal benefits like friends or your self :-) The more complicated the financial product, the better for the sales person = financial advisor since it has less transparency (higher costs, more insecurity, more derivatives?). You should be able to understand what they are saying, if they can't explain it in a simple way then it's a lack of understanding of the product. Using financial terminology to make you confused is not a sign of professionalism. I would recommend reading and learning on your own and then choosing your financial products on your own. | |
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oh yes sir...ive just found out im not in the situation I was promised. Of course it took me some time and neglegent behaviour and of course the signs of a con artist to work it out...silly me..my fault..I hope my 20 grand loss will make me realise..!..
But the key point it...be careful...watch out...ask questions..ask more questions...dont sign....dont sign witout seeing the fully signed forms..ask for recomendations..infact..better still...dont sign...they will tell you your Swiss Francs are worth nothing in CS or UBS...tell them to tell you where your CHFS will go once you hand them over...at this point they wont be able to tell you....
There are some young guys around which are nothing more than a sales pitch as per all the above...of course, intuition tells you no, their approach means you sign...I did.....sadly....never again..
And the best part about it...they read these forums to get the general feeling of their business and to pick up clients!...
Ive read the other forums about this whole rip off and I agree...
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