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Pinnacle Wealth Brokers

Full information about Pinnacle Wealth Brokers — 15 Royal Vista Place Northwest #250, Calgary, Alberta T3R 0P3 Alberta T3R 0P3

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Contacts

15 Royal Vista Place Northwest #250,
Calgary, Alberta
T3R 0P3

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+1 855-628-4286

pinnaclewealthbrokers.com

Finance

Opening hours Closed now

Today: 08:00 — 17:00

Monday
08:00 — 17:00
Tuesday
08:00 — 17:00
Wednesday
08:00 — 17:00
Thursday
08:00 — 17:00
Friday
08:00 — 17:00

Reviews

☆ ☆ ☆ ☆
(1 / 5) based on 1 reviews

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Reviews

  • ☆ ☆ ☆ ☆
    This company does extremely poor due diligence and underwrites dubious schemes where there is a high risk of losing money. Currently two of their supposedly "secure" offerings are not paying and investors may never see their money. The euphemistically titled "Securecare" is not paying as Pinnacle is paying investors 10%, but Securecare pays Pinnacle an additional 4% fee. To get over a 14% hurdle rate, Securecare's parent has to invest in much riskier assets such as car loans. The other gem in its dung heap of investments is Weslease which hasn't been paying out since July and no credible information is available on the state of Weslease's business. Investors may very well lose their entire investment. Pinnacle makes money off your money and has very minimal oversight and involvement in the businesses it promotes. When things go amiss, all they lose is their ongoing over ride premium while you chance losing all your money with no recourse. Their investigation and due diligence is shoddy and limited. Stay away unless you relish losing your money. While the returns offered may be higher than the stock market, you generally can't get your money out when things start going wrong with the underlying business.
    By Frank Hardly, 13-01-2018
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