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Old 24.07.2018, 14:56
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Guardian Wealth Management

Hello,

i got a call from these out of Geneva and was wondering if anybody has any experience with them?

They have been coming up on my facebook feed recently and now they have contacted me, so before going ahead with meeting them I would welcome the feedback from anyone who has met with them.

Thanks
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Old 24.07.2018, 14:57
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Re: Guardian Wealth Management

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Hello,

i got a call from these out of Geneva and was wondering if anybody has any experience with them?

They have been coming up on my facebook feed recently and now they have contacted me, so before going ahead with meeting them I would welcome the feedback from anyone who has met with them.

Thanks
Run Forest Run & don't stop running away.
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Old 24.07.2018, 15:13
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Re: Guardian Wealth Management

Ok pretty simple, but are you prepared to divulge why you say that? Thanks
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Old 24.07.2018, 15:14
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Re: Guardian Wealth Management

Expect this thread to be deleted soon.

They have a way of threatening websites who talk about them.

You would think if they had nothing to hide they wouldn't mind being discussed.
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Old 24.07.2018, 15:26
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Re: Guardian Wealth Management

See the thread on DeVere. Replace the word DeVere with Guardian Wealth Management.
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Old 24.07.2018, 15:55
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Re: Guardian Wealth Management

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Ok pretty simple, but are you prepared to divulge why you say that? Thanks
Just read this thread, they're all pretty much the same. If someone is trying really hard to sell you something, it probably isn't worth buying.

https://www.englishforum.ch/finance-...ing-again.html
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Old 24.07.2018, 16:05
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Re: Guardian Wealth Management

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Ok pretty simple, but are you prepared to divulge why you say that? Thanks
I don't want you to lose loads of money buying a long term flexible insurance plan which will break even after many years, if you stop early almost all if not all you money has gone in commission & set up charges.
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Old 24.07.2018, 17:02
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Re: Guardian Wealth Management

Firstly, how did they get your number? I am guessing they worked out your email address from your linked in, or called your company switch board and asked to be put through to you. Would a serious financial institution really go to such underhand/stalking lengths to get hold of you?

Secondly the person that contacted you is probably 20, with no finance education at all, just started with the company and will last about 3 months before they quit or are fired. The turn over is huge. Ask yourself why?

The list could go on and on. There are plenty of other threads on the finance monkeys on here. Just have a look around and read a few posts, I dont think there is a positive experience thread though
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Old 24.07.2018, 17:18
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Re: Guardian Wealth Management

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Firstly, how did they get your number? I am guessing they worked out your email address from your linked in, or called your company switch board and asked to be put through to you. Would a serious financial institution really go to such underhand/stalking lengths to get hold of you?

Secondly the person that contacted you is probably 20, with no finance education at all, just started with the company and will last about 3 months before they quit or are fired. The turn over is huge. Ask yourself why?

The list could go on and on. There are plenty of other threads on the finance monkeys on here. Just have a look around and read a few posts, I dont think there is a positive experience thread though
Yes this exactly.. Would you risk your life savings with a spam caller? Who probably tricked his way into the conversation?

There are a dozen similar companies, same tactics, cold calling, telling you somebody (un-named) recommended you .. blah blah..

They are cold calling with heavy sales pitch because its shit..
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Old 24.07.2018, 17:36
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Re: Guardian Wealth Management

Thanks it all makes sense. Just saw that they had good ratings on google search. Only a couple mind. Advice will be taken from above ;-)
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Old 24.07.2018, 17:41
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Re: Guardian Wealth Management

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Thanks it all makes sense. Just saw that they had good ratings on google search. Only a couple mind. Advice will be taken from above ;-)
Google has no idea if they are any use at all - that just good SEO.

Personally, I would never even consider discussing investments with someone who called me up on the phone. Banks only give advice that benefits them, investment salesmen work on commission, which is where your first year or two's premiums would go...
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Old 24.07.2018, 18:55
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Re: Guardian Wealth Management

I have a simple policy of never buying something from somebody that cold calls me.
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Old 24.07.2018, 20:41
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Re: Guardian Wealth Management

Yes fair enough, turn it round then. Who would you take advice from?

I work for a bank so get advice there, which has been mixed. Rather than the company I find it's the person giving it that counts. Like with learning a language (the teacher not the school).

I also do a lot of research myself.
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Old 24.07.2018, 22:28
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Re: Guardian Wealth Management

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Yes fair enough, turn it round then. Who would you take advice from?

I work for a bank so get advice there, which has been mixed. Rather than the company I find it's the person giving it that counts. Like with learning a language (the teacher not the school).

I also do a lot of research myself.
If you have done more than minimal research and reading up on the matter you'll probably find that you already know more about the matter than the guy who is trying to sell you this product.

Case in point. I had a meeting with a guy from Guardian some years back. He went into a long and obviously scripted sales pitch that started off by saying how much money I would need in retirement, and how little my current savings would contribute towards that. Then he did a rather questionable calculation of the interest I would need to get between now and my retirement to make that money (compound interest actually calculated incorrectly). The interest I would need was an impossibly high amount. Then he said I was lucky I we had met because he had just the thing and went on to discuss a product with a much lower interest rate, also conveniently forgetting many other dos and dont's from earlier on in the conversation.

The real interesting bit was that all of this was in a "tax efficient wrapper". He said that was the whole point because other companies couldn't offer this wrapper. I asked him, is it legal then? He said, yes. So I said, can he show me where on my tax form I need to declare it to take advantage of this wrapper. He said, he didn't know. I said, just now you said you had your own money in this too. So how do you do your tax declaration? He said, I have a tax consultant. So I said, can you ask your tax consultant and come back to me? He said, no, because something complicated. So I said, basically you're telling me the whole point here is saving taxes and you are claiming to be an expert on this but you can't tell me how it works?

After that he lost his cool with me and worked himself into a fit and accused me of wasting his time.

Yeah, real professionalism there.

But just think about it. Imagine for a moment that it is all true and that somebody has worked out a risk free way of investing money that provides returns much better than much higher risk products. If you had such a secret, would you cold call random people and make them rich, or would you borrow all the money you could lay your hands on and get rich yourself?
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Old 24.07.2018, 22:55
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Re: Guardian Wealth Management

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After that he lost his cool with me and worked himself into a fit and accused me of wasting his time.

Yeah, real professionalism there.



Did you say: "Yes!" and laugh maniacally?
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Old 03.09.2018, 10:18
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Re: Guardian Wealth Management

Just got a call from them - a very pleasant guy from Yorkshire who was introduced to me by my colleagues at Credit Suisse.

I haven't worked at Credit Suisse for 6 years, but haven't updated my LinkedIn, so I'm pretty sure they are trawling there for expats now.

Anyway, I expressed my concerns about them not being licensed here - no reply. He said his boss in the UK was OERG (or something like this) qualified - I asked how that related to me signing a contract in Switzerland where I live and work and have my money - were they registered here? No direct answer, obviously.

We wished each other a nice day and that was that.
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Old 03.09.2018, 10:35
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Re: Guardian Wealth Management

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He said his boss in the UK was OERG (or something like this) qualified
Ogre?
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Old 17.09.2018, 16:08
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Re: Guardian Wealth Management

Give this company a VERY wide berth. They have no clue what they are doing and they put your money where they get the best commission, not which gives you the best return. They list me a whole lot of money, disengaged me as a client and won’t respond to any communication.
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Old 18.09.2018, 11:36
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Re: Guardian Wealth Management

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They have no clue what they are doing
They know what they're doing, right enough.

But, they ain't doing it for their clients.
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Old 27.11.2018, 15:39
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Re: Guardian Wealth Management

AVOID Guardian Wealth Management and the likes of it !!!

They lost me a lo of money too - remember, they don't act in their clients' best interests, they're only after what pays them handsome commissions which mean extortionate fees on the money you "invest" (aka "burn") in the products they sell you.
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