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  • Profile photo of Reputable Financial PlannerReputable Financial Planner
    Member
    @reputable-financial-planner
    Join Date: 2013
    Post Count: 2

    As a professional in this industry that has had an extensive amount to do with his company, I can advise families to stay away from Members Alliance.

    It is very hard to begin with the list of negatives as a novel could be easily produced. most importantly in any financial planning business, or businesses claiming to provide financial advice, is to act in the best interest of a client. This company acts in the best interest of themselves and unfortunately has very good processes around deceiving their potential clients. I am not going to go into detail but potential investors should take note of my following quote as their are quite a number of these companies around Australia and legally not a lot can be done by ASIC to put an end to these large operations.

    "No investment worth investing in will ever place you in a position where you have to make timely and uneducated decisions. If a claimed professional is 'selling' an investment as opposed to 'showing the facts and figures' relating to your personal circumstances then pen should never be put to paper. This company is aggressive in its approach and has an incoherent understanding of what is sound financial advice"

    Let it be known that a large number of financial professionals are actively working to restore this glorious industry and to ultimately have hundreds of these companies close their doors.

    Yours,

    A reputable Financial Planner

    Profile photo of Reputable Financial PlannerReputable Financial Planner
    Member
    @reputable-financial-planner
    Join Date: 2013
    Post Count: 2

    As a professional in this industry that has had an extensive amount to do with his company, I can advise families to stay away from Members Alliance.

    It is very hard to begin with the list of negatives as a novel could be easily produced. most importantly in any financial planning business, or businesses claiming to provide financial advice, is to act in the best interest of a client. This company acts in the best interest of themselves and unfortunately has very good processes around deceiving their potential clients. I am not going to go into detail but potential investors should take note of my following quote as their are quite a number of these companies around Australia and legally not a lot can be done by ASIC to put an end to these large operations.

    "No investment worth investing in will ever place you in a position where you have to make timely and uneducated decisions. If a claimed professional is 'selling' an investment as opposed to 'showing the facts and figures' relating to your personal circumstances then pen should never be put to paper. This company is aggressive in its approach and has an incoherent understanding of what is sound financial advice"

    Let it be known that a large number of financial professionals are actively working to restore this glorious industry and to ultimately have hundreds of these companies close their doors.

    Yours,

     A reputable Financial Planner

Viewing 2 posts - 1 through 2 (of 2 total)