If you have been following Pension Life´s blogs, you will know that we have been conducting a series of investigations into qualified and registered financial advisers in various firms. Today: are Globaleye Dubai’s advisers qualified and registered?
IFAs and their clients are invited to add to it, correct it, improve it. Here’s a link to the three registers if you want to double check:
http://www.cii.co.uk/web/app/membersearch/MemberSearch.aspx
https://www.cisi.org/cisiweb2/cisi-website/join-us/cisi-member-directory
https://www.libf.ac.uk/members-and-alumni/sps-and-cpd-register – Claim to a DipFA
Please note that this data is correct as of 9am 04/07/2018
Globaleye Dubai – qualified and registered? Team list:
Tim Searle – Chairman – Claims CII – appears on the register – United Arab Emirates International
Bart Kendall – Head of Wealth Management – Claims CII and CISI qualifications – does NOT appear on EITHER register
Graham Pascal – Vice President – Claims CII – does NOT appear on the register
Benjamin Searle – Operations Manager – No claims to any qualifications and not on any list
Rupert Searle – Marketing Manager – Claims CII – does NOT appear on the CII register
Kapil Dev Sharma – Senior Wealth Manager – Claims CII – does NOT appear on the register
Tony Ashton – Senior Wealth Manager, Client Services – Claims CII membership – does NOT appear on the register
Lourens Oberholzer – Senior Wealth Manager – Does not state any qualification – DOES appear on the CISI register with an ACSI
Blair Wilson – Wealth Manager – Does not state any qualification – DOES appear on the CII register
David Ellis – Wealth Manager – Does not state any qualification – does NOT appear on any register
Duncan Eastwood – Wealth Manager – Claims CII – does NOT appear on the register
Raju Butaney – Wealth Manager – Does not state any qualification – does NOT appear on any register
Maurice Cassan – Wealth Manager – Does not state any qualification – does NOT appear on any register
Sameer Alam – Wealth Manager – states he has an MBA, no mention of Financial qualifications – does NOT appear on any register
Yolan Ebert – Wealth Manager – Claims CII qualification – does NOT appear on the register
James Marks – Senior Wealth Manager – Claims a host of CII qualifications – does NOT appear on the register
Globaleye Dubai – qualified and registered? 3/15
Just 20% qualified and registered!
Globaleye Dubai – qualified and registered? 80% of staff unregistered!
Oh Angela here you go again the staff you have highlighted are all qualified. You are very deliberate in your methods to discredit. So much so in fact it headlines that you are indeed in DeVeres pockets. As you are aware the advisors have merely not paid there annual subscription to the register. We have a great team of experienced qualified professionals and we don’t appreciate your veiled efforts to discredit us.
What company are you with David?
Interesting, an admission that lots of the staff make claims of membership without actually being paid up members. Does that mean that they do not have to adhere to this?
https://www.cisi.org/cisiweb2/docs/default-source/cisi-website/ethics/code-of-conduct-16.pdf?sfvrsn=2
Has this institute been alerted to this?
You are right – lots of so-called advisers either make up titles, or claim to have qualifications they do not have. Most do not adhere to the required principles and, yes, you are right the CISI – as well as the CII – should indeed be alterted to this as it is totally unacceptable.
Got your facts wrong again, sorry WONG again.
Angela why is it you haven’t rebuffed the alledged connection you have with Nigel Green and DeVere? Don’t you think your followers are owed an explanation as to why the DeVere group despite being the biggest crooks on the planet have never been highlighted on your website? They have being fined and thrown out of countless juristictions and damaged people but you remain silent and are just a tool to gain growth for DeVere by targeting his competition. I look forward to you explaining yourself and perhaps Pensiondave can be highlighted soon. More to come……..
You have a valid point – I have asked the same question – my comments just get deleted and my IP is banned !
Apart from the trashing – Angela Brooks (Wong) is not what she reports to be
You do realise that these databases only display names of paying members and this does not have a bearing on their qualification.
I have 3 CII qualifications but do not pay their Admin fee, consequently I do not appear on their search.
Yes I do realise that. However, how can the public – i.e. potential clients – check out an adviser’s qualifications? And why don’t you pay the CII fee? Surely, having gone to the trouble to study for the exam you’d want your clients to be able to verify your qualification?
I have and can show anyone, including a prospective client my qualifications, I have the certificates and copies of licencing etc with me at all times, I can confirm that in approaching 25 years I can count on one hand where questions have been asked – they tend to be about the product NOT the adviser/brokerage.
If your prospective client is asking these questions you should re visit how you approach and communicate with prospects.
As a member of the CII, I am appalled by all of this.
It is a membership fee, not an “admin” fee, for a professional body. Qualified members, by being paid members, sign up to a code of conduct. Some are claiming to be members and some are using CII designations after their names without being members. This is expressly not allowed by the CII. I cannot comment about the CISI, though I am sure they will have similar rules.
The CII need to take firm action here to maintain the integrity of the Institute for those that are genuine, qualified members.
ps
Three CII exams does not make anyone qualified to any level close to being an acceptable standard.
Dear CII Member
I can assure you I am fully qualified, to an acceptable , as part of my personal development and learning I have take a CII or similar exam each year.
I do not consider the CII to be any more than a trade body, consequently do not feel compelled to pay to appear.
The CII do little to support their members, are not active, however, they do have a legal team that will sue if you use their tags and don’t pay their fee – I can comment about the CISI, they do have similar rules but very importantly deliver a service and support their members.
Given that you have 3 papers, that is evidence in itself you are not ”fully qualified”. I have not been aware of anyone using that term since the mid-nineties when there were only 3 very basic level exams.
The Chartered Insurance Institute is a trade body? Are you aware of how institutes achieve Chartered status?
You are not compelled to pay, no one is. For me the issue is simply those that use a designation that they have either not earned by examination or those that pass off that they are members, to give the public the impression of somehow being associated with the professional institute, are misleading the public.
I think the support may vary upon location and many choose differing institutes for a number of reasons.
Your comment that the CII will sue pretty much justifies this blog, the seriousness with which the CII takes all of this is self-evident from your comment.
You do realise that these databases only carry the names of subscription paying members.
I have 3 CII qualifications but do not pay their ‘admin’ fee so do not appear on the search.
Therefore, your comments are irrelevant!
Thanks Action Jackson but can we get some clarity around the issue raised about Pension-life s total lack of illumination on De-Vere and the accusation of alledged collusion between Angela and Nigel to rubbish the competition.
If for nothing but your followers please respond
Had heard similar rumblings, does seem strange that Angela does not mention the biggest firm in the overseas industry – especially given the history,
As I keep saying, don’t think about what I do write – think about what I don’t write. There is a reason for both.
My word your cryptic answer leaves the readers with doubts. It’s as if you are in fear of even the mention of DeVere.
So now I’m thinking there are two options
Opinion 1 You are in collusion with DeVere as is thought across the industry OR
Opinion 2 Nigel has had his greaseball lawyer ‘s on to you
Either way Angela you are not looking so good from this thread and I would implore you to tell us why it is you shyaway from the many people who have told you of their despair at the hands of Mr Slippery aka Golm aka Nigel Green
Your followers deserve an answer or not? it’s up to you at the end of the day but our cryptic nonsense dosent wash
I agree entirely – your cryptic nonsense doesn’t wash. Tell you what, you tell me exactly who you are and who you work for and I will give you a full answer. Publicly. And I will also recommend a decent English teacher.
Your good I give you that! As good as any spindoctor employed by Nigel. Answer the question posed to you what is going on with you and De Vere ?
There’s nothing clever about asking who you are. You know who I am – why won’t you disclose who you are? I have nothing to hide – what do you have to hide?
Good Morning from Vancouver
I turn to Pension-life on a regular basis to catch up on what’s happening in the industry, I won’t be anymore, Angela it’s clear from the comments you have something to hide and too be honest your looking like a FRAUD.There are other review and comparison sites out there that haven’t being compromised
Regards
Past follower
This isn’t a review and comparison site – it is a blog. I get quite a few negative comments about me and Pension Life – and guess who approves them? Me. If I had something to hide and was a fraud would I approve comments that openly criticise me and accuse me of being dodgy? There is only one person that I have ever blocked, and that was someone who was clearly sick. I have absolutely nothing to hide and am an open book.
Angela your losing credibility and your followers trust, believe it or not I don’t want that to happen. You need to clear up this DeVere question. Have you seen http://www.complaintsboard.com absolutely disgusting what they have done to people. Does Nigel have some hold over you? has he threatened you legally that you can’t even write the name DeVere if so respond with a simple yes and I will stop poking the dog.
I was enjoying this wonderful thread of comments and to my great shame a full stop, no smart quips nothing, zero, zilch.
Perhaps someone can shed some light as to the movements of Clive Skane Davis once close to Globaleye.
Read Henry Tappers blog he’s over in Swiss Global
Dear [email protected]
As the Regional Director for the Chartered Institute for Securities & Investments (CISI) I wish to contribute to this discussion.
The CIS works with Regulators across the globe and exists to raise standards of professionalism for the consumer benefit. Being Chartered we are an educational charity.
Different regulators have different qualification requirements for financial services practitioners and indeed some regulators have no qualification requirements at all. One of my key responsibilities is to work with regulators to set minimum standards of competence through initial qualifications and ongoing learning and through the promotion of integrity and ethical conduct. Across the Middle East many regulators have now adopted structured and demonstrable minimum competency standards. In the UAE specifically the Securities & Commodities Authority (SCA) require Financial Consultants/Analysts licenced by them to undertake a series of (level 3) qualifications supplied and set by the CISI. The latest framework is here:-https://www.sca.gov.ae/Arabic/News/Documents/chart-license.pdf The Insurance Authority who also regulate some financial services companies are considering the introduction of minimum competency standards through qualifications. To be regulated as a retail adviser in the UK the FCA sets a minimum standard of a level 4 qualification and we are one of a number of awarding bodies for the FCA. We would like to see this minimum standard in the UAE and other jurisdictions and I will continue to support the regulators in introducing this standard.
Membership of a professional body outside the UK is a voluntary activity and one which is only available to individuals who have taken qualifying exams (ours or recognised by us). It is not automatic or mandatory, but does in part demonstrate an individuals commitment to professionalism and ongoing learning through Continuous Professional Development (CPD). Once a member, individuals can use designatory letters which demonstrate they are a member of a professional body. The CISI is not a trade body. Many regulators outside of the UK have not mandated the membership of a professional body, although some have now introduced mandatory CPD and I expect this trend to continue. CISI are one vehicle to achieve the CPD requirements. Joining a professional body requires that individuals signup to a code of conduct and commit to integrity and ethical behaviour. It is important however to highlight we do not regulate the sector, this is the function of the regulator who sets and supervises standards of market conduct.
The membership register that we publish contains details of those individuals who are qualified to a level we recognise and who have chosen to belong to a professional body. Not being listed on this membership register does not in itself confirm or imply that someone has not taken professional exams. We do not publish a register of exams taken by individuals.
We conduct regular screening of the market and where we find individuals using CISI designatory letters who are not members we request that they join (if they meet the criteria) or insist they stop passing off as members.
I hope that your team and readers find this information useful.
Matthew Cowan Chartered MCSI CeMap
Regional Director Middle East
Chartered Institute for Securities & Investments (CISI)