financial group

Replies to This Discussion

Permalink Reply by Bandwidth on November 13, 2008 at 12:15

Any group who cannot get the correct spelling of their industry on their web search I would question do aggogle search on "G&G" financial

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Permalink Reply by Bandwidth on November 13, 2008 at 12:25

Cannot find an ABN on the website. Tjis would cause me concern. I usualy use ABNs, addresses and phone numbers for web searches.

BTW how did they contact you

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Permalink Reply by pat on November 13, 2008 at 12:48

my husband received a call on his mobile phone, he is not sure how they got his number, as it is a work phone.

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Permalink Reply by Bandwidth on November 13, 2008 at 13:09

My thoughts

Be very very wary
Companies that need to solicit for business like that make me very suspicious

BTW
The controlling share holder is Prime Financials group. They own 50%

http://newsstore.smh.com.au/apps/previewDocument.ac?docID=GCA008736...

Do a windows search for GG

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Permalink Reply by pat on November 13, 2008 at 14:22

thankyou. this has been very helpful.

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Permalink Reply by Bandwidth on November 13, 2008 at 12:39

Web search for the address shows it is a new address and is part of a unit complex ???
http://www.myhome.com.au/rent/nsw/parramatta/northmead/apartment/#/...

The melbourne address returns no web hits

The 1300 855 017 number is a recent number as the websearch shows it used to belong to a water tank company

Looking through the website it ia all very generic marketing and fishing for clients type material.

I could be wrong but be very carefull

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Permalink Reply by JeffK on November 13, 2008 at 17:10

You're spot on here Bandwidth. This looks and smells dodgy. Steer well clear Pat.

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Permalink Reply by Natalie Bochenski on November 14, 2008 at 0:51

Top investigative work, Bandwidth!

It prompts me to ask another question though - are people automatically "on guard" when a representative from a financial group calls out of the blue?

I guess many companies have marketing strategies and a need to "get themselves out there" - could be we penalising companies for simple using assertive marketing techniques?

Or when it comes to money, is it best to research established, reputable companies - then go TO them, to see if they're right for you?

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Permalink Reply by Bandwidth on November 14, 2008 at 10:29

It is not the cold call that puts me on guard, it is the indication that how they managed to have the number was not revealed.

Spam is Spam, regardless of the media involved. I feel this was beyond "assertive"

I have invested with smaller companies, that have specialised skills. Small companies that claim to be a "FULL" service provider make me wary. They normally do not have the required infrastructure and really only act as a broker

As far as investigation is concerned, using the internet, it took me 30 mins. I just followed one lead to another. Start with name then phone number then addresses and use any other information provided.

My biggest alarm bell was no ABN on the website and miss-spelling in the web search return.

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Permalink Reply by jacquesk on November 18, 2008 at 11:23

Personally I admit to having a negative bias. I am wary of anyone who 'cold calls' me whether it is for IT stuff/services, financial advice or that all time favorite "we have looked at your telephone usage and can offer you a better plan" calls. I have put my number on the no call list and that has reduced the number of calls to nearly nothing.
I am concerned about how much information is out there for companies to obtain.

They may have a good product or might not. I prefer to do my own research when I need something/someone.

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Permalink Reply by pat on November 14, 2008 at 4:23

thanks for the comments, you have found a lot more info than i could have. will speak to financial advisor before making any commitments.

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