Got to love how this whole post is fake and made up by people who work at pendulum lol What a bunch of idiots. I cant believe people actually fall for this crap lol. None of u people were dumb enough to invest with these ponzi losers. Ukman I work for one of the top law firms.. what a dummy lol What frauds
I've received calls from this number several days in a row now. The caller id says Elmwood Financial, but no idea what they want because I didn't answer.
I recieve cold calls from these people every year or so - phishing for information. Last one was yesterday - 3 calls sent to voicemail but they wouldn't stop calling so I picked up and told him not interested. Previous one I spoke with for about 20 mins, when they asked for my ss# and I refused, suggesting they send me to proper paperwork, they hung up.
Every six months they call me despite me asking them to remove me from their database. There are a lot of reputable sources if you want to invest your money. Fidelity, UBS, Schwab, MS, etc...
Cold calling is part of the business, but it depends what you’re looking for. High speculative trading is what they do, but they do not represent themselves as that. Additionally, Craig is the only person you would want to do business with out of that office. Be careful though because he has an absolute amazing pitch. He is extremely knowledgeable and has the ability to sell you any security.
Other than that, the brokers lack general security knowledge. Ask anyone who calls questions about free cash flow, alpha, moving averages or explanation of CANSLIM and you will get the most asinine of answers. They are not crooks just salesmen. The character of the younger trainees is disgraceful. Cursing, misrepresenting facts, etc. Those individuals should not be in the industry. Sounds like you get a lot of calls.
They are registered with FINRA, but they are salesmen. You’re not dealing with a Wharton or Stern graduate for sure. RBC is a clearing firm not the holder of assets. They are not associated with RBC in any form or function. They use RBC’s services.
Also if you’re a senior partner at a big four then you should realize that if you’re actively trading you should be with an RIA, money manager, hedge fund, private equity firm, or broker dealer who would keep you in separately managed account. The amounts you pay in commissions are tremendously higher than the management fee you would be paying. Also larger broker dealers tend to have access to real private placements since they are the ones making them. (i.e. Goldman, JP, Raymond James, KKR, etc.) I’ve never heard a company looking for venture capital deals calling Pendulum asking them to be the lead.
And whoever said they only call people with money is clearly ignorant. Ever see a construction worker not hit on a woman. They call everyone. If you want the calls to stop say put me on the do not call list, ask for a supervising broker, or write a letter to FINRA saying they violated TCPA act of 91. They will respond to you in writing.