Recover From The Storm

Over the course of the last year we have seen a number of Victorian Families Investment Group clients. These clients have generally been seeking a second opinion in regard to the gearing strategy being proposed by the new owners of Victorian Families (Storm Financial Group). While I was alarmed by the strategies being proposed by the new owners there was little that could be done to save clients from making a big mistake, unless they sought separate advice. Even my comment in the media (see the attached links) may have only helped some, as the firm in question could not be named. Even in the period leading up to Victorian Families liquidation I believe existing clients have been treated with little respect and have had no access to financial planning advice.

Rather than accept an adviser recommended by a third party, I encourage you to talk to a number of advisers, and find the one with the relevant qualifications, who you feel comfortable with.

Our experience has been that Victorian Families clients have been conservatively invested in the past and that significant changes to your strategy and investments may not be necessary.

Most  importantly you should be seeking an adviser who will give you ongoing service and advice.  We are able to help you and would be happy to discuss your position with you.


Listen to Mark with John Faine on 774 ABC

Read Mark's comments in the Geelong Advertiser