I am normally a browser on here, not a person who replies to threads.

Being that I am an employee of Investor Finance, I have followed this thread since its inception, with all its mistakes and correct statements.

The hot gossip in the previous reply, below, is annoying in its complete garbage content.

I have been with IF since the good times, and now into the bad times. As they are a franchise model, there is going to be some variance in the level of experience, product knowledge, client care and so on. This is true of any company. As an active Investor myself, I have dealt with brokers from many companies and can vouch for the fact that there are good brokers in crap companies and crap brokers in excellent companies.

To say that IF was made up of inexperienced brokers is only partly true. There was a mix of very experienced brokers, and newbies who had entered into the industry.

Of my clients, all have been extremely happy with both my knowledge and my service, as has been evidenced by the amount of repeat business and referrals.

I think it extremely unfair, to label the company, and by implication, its brokers, as being fraudulent, inexperienced and rogues. Many of the current staff have left of their own accord, choosing not to work under the new model, and some have stayed. In both of those groups, of the brokers who were around at the time that this all happened, I know most of them personally. Their broking is of a very high standard and they have a genuine affinity with their clients.

It is unlikely that I will continue on with the company at this point, as I certainly have concerns over the business finesse and management abilities of some of the decision makers. The comments about being too fast growing, not managed well and some of the other comments are justified, and this is the reason that I may not choose to enter the new system.

It is no doubt true, that they have made grave and very costly mistakes at the management level, which have cost both the owners and the staff. But being on the front line, as it were; I believe that these mistakes were made out of naevity, and the possibly fatal mistake of trying to grow too fast at the expense of building a solid foundation – as opposed to someone trying to rip people off. Right up to the death knock, the actions in continuing to try and keep business going, including recruiting new franchisees, were intended to try and save the company and its employees, not in an attempt to take money from people with no intent to be able to move forward with them.

Many of your comments below however, from your ‘inside person’, are simply incorrect. The new company is now run by the people you mentioned. The company will still be trading as IF, and it has not been split in two.

Investor Property, is an affiliation between the newly formed ‘property arm’ for lack of a better word of IF, and a VERY long standing, reputable and experienced company, with more than 20 years in the industry in Australia. It is a completely seperate entity to IF, with a focus on property, not finance, and is operated by indepedent licensees, some of who moved into the company from IF and some who did not.

Investor Networx, is an educational arm of IF, who run groups to show people about investing, property and so forth. Again, this is not IF.

The fact that these three groups are complimentary to one another and act as referers to each other, does not mean that they are now two halves of Investor Finance. IF does finance. IP and IN do not. So your person on the inside best be doing some more research into the company before they report in again.

In reality, the employees and franchise owners of IF have stood to lose alot of money in some cases. There is certainly uncertainty, anger, confusion and yes some very peeved off franchise owners.

All that posts like the one below achieve however, is to hurt them more, by sledging the reputation of the company as a whole and the brokers that work there. The business mistakes made by the tops of the company do not reflect the abilities of the brokers within the company and it may be helpful for you to point that out, in order that the reputable brokers who have left or are staying, do not need to deal with the backlash, from any misinformed comments.