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SVS Securities - shut down?

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Comments

  • Sheris
    Sheris Posts: 208 Forumite
    100 Posts Second Anniversary Name Dropper
    GeorgieC said:
    I forgot to say that QORT statements will be manually generated by Chris Smith and his team or I believe auto generated monthly. To be fair Chris is good at his job, knows his onions and is a genuinely nice person but is relatively new to ITI and has been hit with a baptism of fire.
    Clueless statements you have stated.
  • My2penneth
    My2penneth Posts: 807 Forumite
    Fourth Anniversary 500 Posts Name Dropper
    edited 2 November 2020 at 10:22PM
    GeorgieC said:
    I forgot to say that QORT statements will be manually generated by Chris Smith and his team or I believe auto generated monthly. To be fair Chris is good at his job, knows his onions and is a genuinely nice person but is relatively new to ITI and has been hit with a baptism of fire.
    No problems once shares are in Phoenix - they are on someone elses platform. I having been using their reports since August and have posted screen captures on this platform. 

    If Chris Smith (the bloke who blocked my phone when I tried to ring him) can produce statements from Qort - why can't we and why do I have to ask them many times?  

    I've raised one FOS complaint against ITI Capital and am preparing two others - I am completely fed up with them.  I've sent them a summary of missing dividends and I await a reply before going down the small claims route (a la Rampage). 

    p.s. my MP never even replied - I guess he is too busy doing other things.
  • Why am I envious of other people's mires? Some of them simpler than my own.

    I have no ISA holdings in either Phoenix or Qort. No ability to print statements. No transaction history apart from a small telephone trade I did via ITI's dealing desk - although the descriptions in the Qort account would not help you work out what I had bought.

    The lack of shares is now a worry cos after HL accepted a bunch of shares they shouldn't have, and they claimed they returned them to ITI, I have no idea where they are apart from in the parallel universe between HL and ITI. I raised another ticket as a complaint. Will email when I am in the mood.....

    My trading account is still in Qort - never made it to Phoenix - and has certainly never made it to ii.

    Also need to email a response to the "final" compensation offer from ITI.

    The FOS also got in touch - saying they were a bit busy to deal with my complaint.

    It'll get sorted by Christmas. I just ain't too sure which one.

    PS. The daily reorganising of the pages on here? I wonder if someone is going back through all the pages and chopping out all the contentious threads? I did report one poster who was pitching their 3rd party services - and the thread was culled within a day. I wonder if this attracted attention and the moderators are now working their way back through our juicy history?
  • GeorgieC
    GeorgieC Posts: 54 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    Sheris said:
    GeorgieC said:
    I forgot to say that QORT statements will be manually generated by Chris Smith and his team or I believe auto generated monthly. To be fair Chris is good at his job, knows his onions and is a genuinely nice person but is relatively new to ITI and has been hit with a baptism of fire.
    Clueless statements you have stated.
    I am sorry you think they are clueless. I am merely trying to help...
  • GeorgieC
    GeorgieC Posts: 54 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker

    If Chris Smith (the bloke who blocked my phone when I tried to ring him) can produce statements from Qort - why can't we and why do I have to ask them many times?  

    There is no client portal for QORT. Pretty much all input is manual from within ITI. You have to ask them many times because that seems to be the way now with ITI. Turnover in staff has been huge in the last couple of years...
    2 x Heads of Dealing gone
    CEO gone
    COO gone
    Chairman gone
    Head of Compliance gone
    2 x Head of back office gone
    2 x Head of FX gone
    Project Manager gone (and boy do they need one now!)
    CASS officer gone
    Office Manager gone
    plus several others. Don't tell me this is natural attrition...
  • Still wonder how it seems to be that transfers out to HL seem to be happening but none to Iweb, are they going by broker or is it Iweb not doing their job?
  • So I all my shares moved from LC to ITI capital, I didn't see them on the portal at first but done the onboarding process and over the first weeks showed up then following weeks they doubled up or just showed my holdings but now a large of my holdings (shares) are not showing up at all. I emailed the accountmanagement <accountmanagement@iticapital.com somone replied back to say they going to look into it but nearly 3 weeks have gone and I been chasing that I would like an update and no one replys. So now I'm worried they are looking for excuse to say that they lost my share or if I been hacked and someone sold them. there is no urgency from them at all and wondering if anyone can advise how I make a official complaint? I'm so upset with LC picking this company it's just been a money making excise for them.
  • GeorgieC said:

    If Chris Smith (the bloke who blocked my phone when I tried to ring him) can produce statements from Qort - why can't we and why do I have to ask them many times?  

    There is no client portal for QORT. Pretty much all input is manual from within ITI. You have to ask them many times because that seems to be the way now with ITI. Turnover in staff has been huge in the last couple of years...
    2 x Heads of Dealing gone
    CEO gone
    COO gone
    Chairman gone
    Head of Compliance gone
    2 x Head of back office gone
    2 x Head of FX gone
    Project Manager gone (and boy do they need one now!)
    CASS officer gone
    Office Manager gone
    plus several others. Don't tell me this is natural attrition...
    You seem to have a great deal of information regarding ITI's Personnel?
  • pafpcg
    pafpcg Posts: 936 Forumite
    Tenth Anniversary 500 Posts Name Dropper
    GeorgieC said:

    If Chris Smith (the bloke who blocked my phone when I tried to ring him) can produce statements from Qort - why can't we and why do I have to ask them many times?  

    There is no client portal for QORT. Pretty much all input is manual from within ITI. You have to ask them many times because that seems to be the way now with ITI.
    .......
    What's your definition of a "client portal"?  My definition is: a method of allowing a client (ie me) to access the data-base to see our holdings.  Remember the "client portal" which LC set-up in early 2020 to allow us to check our individual holdings in the SVS data-base? 
    So what was I using to access the equity and cash holdings which had been transferred to ITI from SVS when I was given the initial login instructions by ITI in early August?  Was that not QORT?   (As an immediate opt-outer, I never went through the onboarding process to open a Phoenix account.)
  • GeorgieC said:
    Jools2001 said:
    Anyone here, got any further forward with their delisted  stocks from iti,
    they want to charge me £12 for each stock to get in certificate form, bit of a joke if you ask me
    after all the money paid to the administrator, shouldnt this cost off been covered in the fee i was charged by LC?
    If i did take certificate form, is it easy to get them resold with a certificate if they were to relist in the future ( some hope!  lol )

    thanks in advance 

    Jools2001
    Realistically it will be even more of an admin nightmare for ITI to administer anything that has been delisted. Contact Andy Knight at ITI and try and offset any cost against their admin cost / problems increasing. My bet is they will waive any charge but worth a try any which way... 
    This is something that I didn't think of so very interested to follow this tab.  We have two holdings of delisted AIM shares (same company, but in two accounts) and have been wondering what are options are.  Currently they are sitting forlornly in a Qort account, unwanted by ITI because they don't accept AIM listed shares and unacceptable to transfer to iWeb because they, in turn, don't accept delisted holdings.  I've taken note of Andy Knight as being yet another contact at ITI and will contact him but was just wondering whether anyone has had any success in obtaining a paper certificate.  I'm even prepared to pay if it gets shot of ITI connection.

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