Guardian Wealth Management and the two-horse race with Holborn Assets
This is the start of Guardian Wealth Management week – following the end of Holborn Assets week. Apart from bleats from Holborn Assets salesmen that I was compromising their chances of destroying more victims’ pensions, nobody has come forward and proposed realistic compensation offers for the existing victims.
So, I thought it would be good to set up a “race” between Guardian Wealth Management and Holborn Assets – with two new, fresh, thoroughbred complaints. And see which firm passes the post first.
But, first, let us have a look at the Guardian Wealth Management culture behind the scenes from the horse’s mouth: the self-employed salesmen who peddle Guardian’s products. These are published on www.glassdoor.com – and give an interesting insight into the inner workings of a financial services firm. Here are some of the comments:
“opportunistic”
Pros – Quick way to earn cash
Cons – Not always ethical with advice or product advice
This tells us a lot – GWM is an unethical selling machine (from this unhappy salesman’s experience)
Another unhappy guy relates even more details about the failings of the company:
“I do not recommend working here”
Advice to Management: Look after your staff and actually value people over money. Your sales training needs a lot of work and you need to support new recruits rather than just weighing heavily on a manager that really just hogs all the leads.
This review tells us that the people who work for Guardian Wealth Management are nothing more than self-employed salesmen who work for commission on top of a pitiful basic “wage”.
“Working at Guardian”
Pros – Great earning potential.
Cons – Can be high pressure, need to remain motivated and driven to achieve.
Just what we thought: pressure to sell, sell, sell! Doesn’t seem to be anything other than a bag of carrots to drive these salesmen to realise the “great earning potential” – rather than to provide good and appropriate financial advice.
“Business Development Manager”
This week is Guardian Wealth Management week – and I will be kicking it off with a race to see which firm of scammers – Holborn Assets or Guardian Wealth Management – will be first past the post to compensate their victims. One from Israel and one from Australia. The stakes are high; the going is firm; the prize is glittering (a glowing compliment on the Pension Life blog). Take your seats for an exciting race.
