Fidelity International

segovia

Another call from Fidelity International today inviting me to a free consultation with one of their Financial Advisors. Claiming they have irrefutable proof they can return me 14% from my pension savings for a 1.5% fee. Anyone using Fidelity Financial Advisors ?  

Beddie

Just tell them to eff off next time they call and never to contact you again. Anyone offering guaranteed returns of 14% before fees is plainly lying.

segovia

Beddie said:

Just tell them to eff off next time they call and never to contact you again. Anyone offering guaranteed returns of 14% before fees is plainly lying.

That's what I keep telling him, he said they can manage my investments when the market collapses. I said when the market collapses everyone loses, he said true ! 

dunstonh

segovia said:

Another call from Fidelity International today inviting me to a free consultation with one of their Financial Advisors. Claiming they have irrefutable proof they can return me 14% from my pension savings for a 1.5% fee. Anyone using Fidelity Financial Advisors ?  

I think its more likely you are being scammed by unregulated individuals.

Fidelity would not cold call and they would not say such a thing.

Albermarle

segovia said:

Another call from Fidelity International today inviting me to a free consultation with one of their Financial Advisors. Claiming they have irrefutable proof they can return me 14% from my pension savings for a 1.5% fee. Anyone using Fidelity Financial Advisors ?  

I am a Fidelity International customer and receive e mails, offering general financial guidance and market info.
I have also have received polite sales ‘pressure ‘ to avail myself of their financial advice offering.
However never once have they made any ludicrous claims about market returns, like suggested to you.

segovia

mortgageFTB said:

This is obviously a scam caller, trying to act like they’re from Fidelity.

block the number.

It is Fidelity, I checked the number

segovia

dunstonh said:

segovia said:

Another call from Fidelity International today inviting me to a free consultation with one of their Financial Advisors. Claiming they have irrefutable proof they can return me 14% from my pension savings for a 1.5% fee. Anyone using Fidelity Financial Advisors ?  

I think its more likely you are being scammed by unregulated individuals.

Fidelity would not cold call and they would not say such a thing.

It is Fidelity

MK62

segovia said:

mortgageFTB said:

This is obviously a scam caller, trying to act like they’re from Fidelity.

block the number.

It is Fidelity, I checked the number

Telephone number spoofing is a known scam.......from your description of what you've been told, the calls you have received are highly unlikely to have been from the real Fidelity International....

segovia

MK62 said:

segovia said:

mortgageFTB said:

This is obviously a scam caller, trying to act like they’re from Fidelity.

block the number.

It is Fidelity, I checked the number

Telephone number spoofing is a known scam.......from your description of what you've been told, the calls you have received are highly unlikely to have been from the real Fidelity International....

I work for a High Street Bank in Tech Cybersecurity, I have a Post Graduate Diploma in Information Security and ISO27001 Lead Auditor and Implementor Status. I think I know when I'm being scammed.

artyboy

segovia said:

MK62 said:

segovia said:

mortgageFTB said:

This is obviously a scam caller, trying to act like they’re from Fidelity.

block the number.

It is Fidelity, I checked the number

Telephone number spoofing is a known scam.......from your description of what you've been told, the calls you have received are highly unlikely to have been from the real Fidelity International....

I work for a High Street Bank in Tech Cybersecurity, I have a Post Graduate Diploma in Information Security and ISO27001 Lead Auditor and Implementor Status. I think I know when I'm being scammed.

I'm not convinced that's a great advert for the bank you're working for...

Rattusnorvegicus

I work for a High Street Bank in Tech Cybersecurity, I have a Post Graduate Diploma in Information Security and ISO27001 Lead Auditor and Implementor Status. I think I know when I'm being scammed.

I would ask which bank, so i can transfer my account away from it...

I love greed...it gets so many people....14% return for a 1.5% fee. Everyone in the world would dump money in if it was such a thing.... or do they mean looking back at the juiced nasdaq that because its returned 20%+ for the last 2 years , that next year will do the same.... thats like drinking water from a puddle , and being ok with it cos you didnt get the "runs" , this time.

I love buying cheap companies shares at a 50% discount to get a 10% dividend ROI, and i love the juiced up nasdaq/s&p 500, BUT i wouldnt touch this "Fidelity" with a bargepole.

I dont use a financial advisor and my 5 year avg return is 15%....it has nothing to do with their competence just a juiced up market right now.... wait for a coming recession, and then ask them for those 14% returns....

It wouldnt be right for me to advocate for a well known nasdaq ETF on here.... but the fees typically are sub 0.10% and produce better returns providing it doesnt crash....

Honestly, just ignore the call, and take some time to learn how to trade.... you can keep the 1.5% "fee" yourself then.