Dixon Advisory

I left after 4 years after escalating costs. What I found was the administration e.g. setup and annual audit, returns etc. was very good. However, I found their investment arm was self serving, over priced and under performing.

Left Dixons after 3 years. Nothing but self serving 'advice'. We dodged the URF and New Solar ( even though they were really pushed on us) Other, non 'Dixon' stock recommendations were a mixed bag but overall fairly hopeless. Put us into closed Funds that are a problem. Still trying to clean up the mess they left us with. Reading other reviews I count us as one of the lucky ones. Stay well clear of them.

Lost over $140K due to Dixions advise to purchase URF and New solar. When confronted my advisors regarding the decline they assured me verbally that all will pick up after the USA election...load of bullocks!
I am working with Shine Lawyers

We have lost over $350,000 + over 6 years investing is what is biased advice to invest in ïn-house" products with exorbitant fees. Very disappointing outcomes and a blatant violation in what is supposed to be a "controlled" industry.

I bought Evans and Partners (E&P) shares on advice from the firm at $2.50 each which now is being purchased for $0.30 cash with offer of new TGP shares valued at $0.40. This will result in a loss of $21,880 to my SFMF. The losses from similarly recommended products such as the URF from Dixon Advisory are even larger. Understand ASIC is now taking legal action against E&P. Happy to provide data in support of this action if and when required.

Beware Dixon Advisory have changed their name to E & P Financial Group. Don’t trust them or their SMSF advice. Dixon’s reputation was trashed because of their poor investment advice, so now they have changed their name to rebuild their business. I know because I lost $150,000.00 through their advice and ASIC is taking Dixons to the High Court for not acting in their clients best interests. They should not be able to get away with this.

After being a client of Dixons for the past 6 years I have now left. Like many new clients I chose Dixons to establish my SMSF and manage it because of the excellent reputation of Daryl Dixon in the field of superannuation. It is a pity his reputation has now been totally trashed. I trusted my advisor and in hindsight realise that was my first mistake. I was consistently advised to invest in the 'in house' products developed by Dixons because they would perform. I now believe that the advice I was given was not in my best interest and fee...

We became clients of Dixon Advisory about 6 years ago after the GFC , believing they were a reputable trustworthy company . How wrong we were. We were advised to invest the majority of our funds in their own products which have seen us lose a fair percentage of our capital in a very short time.
We trusted our advisor and when URF, New Energy Solar and [name removed] shares started to decline, we questioned him several times about their performance , but on each occasion were advised not to sell as they would improve, which never happened. We n...

When ASIC completes its corporate action against Dixon Advisory (owned now by E&P Financial Group), we will see the confirmation of yet another bad actor in the investment sector. How bad is now revealed in the reviews on these pages, as well as numerous articles in the financial press. While we can measure our financial losses in the SMSFs set up by Dixons, what is harder to measure is the ongoing anxiety, worry, sleepless nights, guilt and sorrow that this company has brought upon us.
When I had an interview with the founder of Dixon’s over 1...

It appears Dixon Advisory have or are changing their name to “E&P Financial Group”.

Like many other Dixon Advisory clients we too have suffered significant financial losses due to their advice to invest in various funds in which Dixons were associated. Many of their clients are self-funded retirees who, like us, relied on Dixons to assist them with financial planning in their retirement.

We joined Dixons in 2017 and like many retirees had a very conservative risk profile not wanting to make risky investment decisions. They looked at our port...

Been with Dixons for 12 years - at first all good but their advice deteriorated. We were advised to over invest in URF and kept doing so despite our concerns with its deteriorating state. We were concerned with the way Alan Dixon was managing the fund and his lavish lifestyle . We have lost nearly $300k - never to be recovered . We are not able to ear this ever again as retired. This has significantly affected our lifestyle and I have several health issues which are dependant on those funds. They will not do anything about trying to reimbu...

I've been with Dixon Advisory for several years, Dixon push their own products ahead of others, practically every investment presented, has Dixons fingers in the pie. and don't mention Evan Dixon Limited ED1 shares... what a flop.

Invested my SMSF with Dixons 5 years ago,the nett result being we were steered into their in house brands,after paying $7000/year to receive their "advice" we are now $120,000 + down with no real hope of gaining any back even though 2 board members operating the URL scam walked away with $26 Mill each.
I was never offered compensation for their tainted advice to reinstate my losses.
I thankfully departed Dixons some 3 months ago to a new advisor who is thankfully restructuring my portfolio from the train wreck of the Dixon years

I switched from another provider about 10 years ago( for geographical reasons) to Dixon’s as they came highly recommended as a industry leader at that time. Their administrative service is very good but their financial advice, was originally OK but in latter years has proven to be disastrous. Their growing recommendations of in house and company related investments have caused a hefty decline in my fund over the past few years whilst the share markets have climbed to record heights pre Covid19. Have yet to see the impacts of Covid 19 on the fu...

We were with Dixons for 12 years. For the first few years it was OK, but never really achieved anything comparable or better than industry funds. In the last few years before we left a number of in house Dixon products either made losses during restructuring or have paper losses of 30% to 90% of the original investment. At the same time we were being charged high fees. In addition to the the poor investment performance the administrative fees and the fees within the in-house products the SMSF lost money long before the 2020 downturn. The o...