Edward Jones

Jays

oldagetraveller wrote:

By coincidence a woman cold called a few weeks ago. Presented a business card, Edward Jones, Canary Wharf? and a colour leaflet. Said they were opening an office in the area and canvassing for new "clients." Not thinking I gave her my name and 'phone number but more or less said I was not interested.
A couple of weeks later she 'phoned with an offer about a Tesco savings account with 8% guaranteed interest. All I had to do was send her a cheque for £20,000!!!!, why she assumed I would have that amount to invest I don't know, and she would look after the rest. Yeah right. Obviously told her "no thanks."
I checked with Tesco and they have no such account on offer so very suspicious of anyone claiming to be from this particular company - if they exist.
Not heard from her since then.

You should report this to the police, she may have duped some of your neighbours who may not be as wary as you. This is just as bad as the people who pretend to be from the water board, gain entry and steal purses from elderly people; if not, worse.

amosworks

dunstonh wrote:

I disagree on that. Most IFAs are not authorised to handle client money so nothing is made payable to the IFA. If you have a concern, then you can always post the application and cheque yourself to the provider involved.

Also, a significant number of IFAs have home offices and you would be ruling out some of the most competent IFAs I know and be left with the salesforce IFAs or old model basis IFAs.

There's nothing wrong with visiting an IFA at home, I'm sure they will be used to having visits every now and again. It'll also give you a chance to see how well the IFA's doing for themselves, I'd be a bit warey if the office was in a back bedroom of a council estate :-\

QED