WPS Financial Services
10 reviews
Pushy young guns in for the money grab. All show for poor result. Investment they claimed would only increase, I sold at a loss. Very stressful time. I often wonder if there would be a case against their unethical conduct. Took me over 12 months to sell property at a loss. I was very lucky to have an understanding real estate agent.
Run away - quickly! – Looking at the dates these reviews were posted seems like they are still at it. We were scammed out of approx $100K some 10 years ago with advice to purchase interstate property, overvalued and a money pit. They were very pushy that we should buy this property and not look around and compare. Our bad that we didn’t see the warning signs. Run for your life .. at the least don’t purchase ANY property through them.
Worst decision ever – I regret the day I chose WPS for financial advice. Lost a lot of money. Reported them to financial ombudsman who said I had a strong case- letter from their lawyer said they were now a new entity and that the now WPSFinancial Service had no responsibility for advice given by WPS!!! Figure that?? Same owners, same board, same advices... just two… Read more
extra words tacked onto their name. My advice- don't trust them. Hope they are been investigated by this current inquiry. They had me purchase products i didn't need, buy a property they didn't want me to look at- thank God I did against their advice. Was working four jobs at the time to try to get ahead and ended up losing up $50k. They are not to be trusted!
Absolutely ripped off – Yes we are also the Mugs here. Seems to me that all the properties they have sold people were overvalued by around $50,000. We are in the same boat. Have finally sold one house in Vic with the value dropping by $50,000. Now trying to sell the other one and it looks like we will be $50.000 down also. Have had these properties for over 6 years and… Read more
we are disgusted. Now we are also trying to sell our investment, and I use that phrase loosely , for our self managed super and looks like we will be loosing $100,000 on that one.So all in all they give you all the great spool and show all the paperwork that makes it all look great. I Just wonder if they over price these properties and back hand the difference?
Great Advise – After an indepth discussion with Fiona on the importance of having life and income protection. I'm happy with the decision to take the cover as i now have complete peace of mind. Thank you Fiona
Salesmen disguised as Financial Planners – We contacted WPS nearly 6 years ago, they were at our doorstep before we put the phone down. Paid upfront fee planning to retire in 10 years. Set us up in interstate investment property which we were very reluctant with, so far it is $50,000 under. My wife nearly had a breakdown just trying to get return calls from Brisbane office. We have had at… Read more
least 6 'advisers' in that time. We have just given up and retirement is a long way off now. They seem to be quick to sign you up but don't want to answer calls after that. Very disappointed just wished I put it into Super.
Worst decision ever – Signing up with WPS/ now Anne Street Partners was the biggest mistake of our lives. After 10 years, finally selling an interstate property for less than we paid for it. WPS projected it to double in value. We should of followed our own instincts-we would be in a better financial position now. Thanks for nothing!!!! Hardworking Australians- beware-their advice is as stable as their staff retention which is pathetic!!
Very disappointed – We have been with WPS/Anne St Partners for approx. 5 years. We were given bad advice on an investment property and have lost a large sum of money because of this. Anne St are now refusing to communicate with us and are not responding to emails or phone calls. Would not recommend Anne St to any one. Poor communication
Disappointing experience – We were clients of Anne Street Partners since 2011 when they were known as WPS. Early on there were a few warning signs we should have picked up on such as the amount of times our adviser would change, we had 4 advisers over a 3 year period. We were never really able to establish a relationship with our adviser and it made everything difficult. … Read more
In regards to their advice they were very pushy with investing especially into investment properties. Eventually we went with their advice and started a self managed super fund and we purchased a property in 2012 with our super. The property was interstate and it has not performed how our adviser promised us. Firstly it was not tenanted for over 2 months and the value of the home has not improved.
Overall our experience with ASP was disappointing and we still aren't sure if they have put us in a better position. We have since moved to another company and they have been fantastic. Close location to our home Advisers pushy with investing, lack of service, investments not performing, bad advice
Investors beware – Anne st partners was formerly known a WPS financial services, yes, they renamed themselves due to poor services and overwhelming complaints. They cold call most leads with the promise of a free financial review, only to ask for $650 for a financial plan at the meeting. if you proceed with the payment a plan will be done by a paraplanner with the… Read more
scope for two main ways, smsf and property. They have a property department which they onsell to their financial clients...Fast talking property developers......
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Well, we have sold both properties in Vic with a loss of $50,000 at which we had to do all the leg… Read more