Two-Sacks Coady is now Two-Jobs Coady, I am pleased to report. One at a Swiss firm called Swiss Global (not a very imaginative name) and one at Coady Performance Group. So, I guess he is going to be too busy to take on any more work – until he gets sacked by one or both of them. I only mention this because last year – just after he “left” Guardian Wealth Management, I had decided to offer the poor guy a job.
I posted this in December 2017:
“I have decided to offer him a job with Pension Life: “Head of Cleaning Up Financial Services – Especially in Dubai”. His job will be to warn the public about rogue advisers – such as Continental Wealth Management and Holborn Assets – which result in victims losing part or all of their pensions.
Mike Coady will probably do the job quite well – especially after all he has learned at Guardian Wealth Management this past year. He’ll need the right tools to do the job – so I’ve invested in the necessary items and ensured he has a car to match his image. The only slight stumbling block might be the wages – as he is probably used to something a bit juicier than £10 an hour.”
Mike never got back to me. He has obviously now found a way to divide his time between Switzerland and Dubai.
On Mike’s sparkling Coady Performance website, his appointment with Swiss Global is proudly announced. But I can’t get my head around how Swiss Global can provide advice on “responsible finance” when the company has just been declared bankrupt (09.04.2018 at 14.20 hours) by the Swiss Court. The company had more than 70 court judgments against it for unpaid debts – as well as more than £100k outstanding in respect of State pensions.
The CEO of Swiss Global, Peter Balchin, has said: “This is a very exciting time for us all at Swiss Global Group. Mike brings a significant track record and a proven ability to grow financial services groups. We are all absolutely delighted to have Mike on-board and are looking forward to the future!”
Mike Coady does indeed have a track record of some note – during his one-year tenure at Guardian Wealth Management, the company managed to pay back its £850k debt to the Welsh Government. Let us hope that while he is with Swiss Global, all the 70+ creditors who have been hung out to dry will get their money back too. I shall be watching carefully and reporting regularly. In fact, I am in contact with a couple of the creditors – and they feel the same way.