This company is a sinking ship.
Revenue has taken a significant hit, and it's clear the ground is crumbling beneath them. A quick glance at their customer reviews reveals a disturbing pattern: they aggressively target senior Australians with misleading and often questionable sales tactics. Pressure selling is constant, with vulnerable clients pushed into spending tens of thousands of dollars.
Only a small handful of consultants are earning decent money — the rest are barely scraping by on commissions. Morale is low, and motivation is even lower. When deals do get close to closing, they're often lost due to the company’s poor reputation and scathing reviews. Clients quickly realise the truth: this is dangerously close to a scam.
The company doesn’t look after its clients. Instead, they bleed them for more money through ongoing "renewals" of subscriptions that offer little to no value. To make matters worse, they recently fired their entire customer service team, leaving advisors and brokers to handle everything — not to support clients, but to aggressively upsell more brokerage services.
I wouldn't even list this company on my resume. Any future employer who knows what this company is about would likely see it as a red flag.
Don’t be surprised if ASIC steps in and shuts this place down. Save yourself the trouble and avoid making the same mistake I did. And don’t fall for the promise of a “lucrative commission structure” — it’s practically unachievable in a business with a reputation this damaged.