APSEC (Atlantic Pacific Securities)

[robrady]

ANY ONE HAD ANY DEALINGS OR KNOW OF APSEC Atlantic Pacific Securities Products

[PEPEDDU]

ANY ONE HAD ANY DEALINGS OR KNOW OF APSEC Atlantic Pacific Securities Products

I HAVE BEEN APPROACHED BY APSEC RECENTLY BUT CANNOT GET ANY INDEPENDENT INFORMATION . I HOPE THIS STIRS INTEREST SO SOMEBODY COULD MAKE A POST. THEY CLAIM TO EVENTUALLY WANT ACCESS TO MY COMSEC ACCOUNT TO EVENTUALLY TADE DIRECTLY ON MY BEHALF .

[garyandkay]

ANY ONE HAD ANY DEALINGS OR KNOW OF APSEC Atlantic Pacific Securities Products

Did you get any info on them? I found some presumably negative feedback on a consumer site but the details had been ""removed at the request of APSEC"". One wonders what that all might mean. Am reluctant to commit to anything unless I can get some feedback about them. Has anyone used them?

[tinhat]

It seems they target people who type in all caps.

This is the opinion I got of them after a few telephone conversations after being cold called by them. They are hard sell, go for the close sales people. They work hard into closing you. Listen to all the background noise in their boiler-room of cold-calling telemarketers next time they call. They couldn't close me so they got another more senior person on the phone next time to try and close me. They talk and talk and talk and try and talk you into a close asking lots of rhetorical questions you agree with to work you towards a close. At the time they called I was thinking seriously about getting a full service broker so they did get me at good time. When I discussed about the SMSF portfolio a bit the just wouldn't let go of me, wanting to get their hands on my portfolio. I told them that if I was going to do business with them and have them as my broker that the next step would be for me to come to their offices and meet them. They didn't offer to meet me. Instead they tried to sell me on the urgency of getting my portfolio to their analyst for urgent review. This was all around the time the market tanked mid 2011. Their address is listed as Potts Point which is no a business district.

When I finally told the guy that I wasn't going to be doing business with him he slammed the phone down. No "Thanks for considering us." or "Hopefully in the future we can do business" or "thanks for letting me waste your time" or simple "Good-bye".

They market various small capital raising share issues which they no doubt get commission on.

[garyandkay]

Thanks Tinhat..my experience was very similar.I found it curious though that there was little feedback about them available via the net. Had an instinct that something may be amiss hence my plea for feedback.I had another cold call a few weeks back from a Qld mob called Active Traders and I was dropped like a hot spud when I suggested I would pop in to see them when in Qld in a few months time. One cannot be too careful huh?

It seems they target people who type in all caps.

This is the opinion I got of them after a few telephone conversations after being cold called by them. They are hard sell, go for the close sales people. They work hard into closing you. Listen to all the background noise in their boiler-room of cold-calling telemarketers next time they call. They couldn't close me so they got another more senior person on the phone next time to try and close me. They talk and talk and talk and try and talk you into a close asking lots of rhetorical questions you agree with to work you towards a close. At the time they called I was thinking seriously about getting a full service broker so they did get me at good time. When I discussed about the SMSF portfolio a bit the just wouldn't let go of me, wanting to get their hands on my portfolio. I told them that if I was going to do business with them and have them as my broker that the next step would be for me to come to their offices and meet them. They didn't offer to meet me. Instead they tried to sell me on the urgency of getting my portfolio to their analyst for urgent review. This was all around the time the market tanked mid 2011. Their address is listed as Potts Point which is no a business district.

When I finally told the guy that I wasn't going to be doing business with him he slammed the phone down. No "Thanks for considering us." or "Hopefully in the future we can do business" or "thanks for letting me waste your time" or simple "Good-bye".

They market various small capital raising share issues which they no doubt get commission on.

[DiJac]

I have had 3 phone calls over the past month trying to sign me up. Went for the hard sell today - second BIG mistake. First warning bell was cold calling, however I can never remember whom I have talked to, so gave them the benefit of the doubt.

Their website is `under construction' and all links from google are what I use for my websites, i.e. hotfrog, truelocal, etc. This made me think they were not professional. Have not read anything positive about them. After reading these blogs, will definately not be doing business with them.

[locksleyred]

Tinhat
You must be a carpenter as you are pretty good at hitting nails square on

[Buckfont]

I`ve been phoned 3 times in the last couple of weeks first out of the blue. Nice to start of with but the last call was full on wouldn`t take no for an answer so had to hang up. Very aggro approach which automatically sends alarm bells off. Give em a wide berth unless you like playing with hot coals and puttig your tongue on dry ice.

[tinhat]

It seems they target people who type in all caps.

This is the opinion I got of them after a few telephone conversations after being cold called by them. They are hard sell, go for the close sales people. They work hard into closing you. Listen to all the background noise in their boiler-room of cold-calling telemarketers next time they call.

Someone asked me what I meant by "boiler room". I mean "A room staffed with telemarketers who use high-pressure sales tactics to sell stock, commodities, or land, etc". This is my opinion based on the experience I had with them. I am not implying anything else, and don't have any reason to believe they are not complying with the securities license under which they do business.

[chotulal]

My experience and views are the same. These guys have tried wining my business since Sep/Oct 2012 and today is April2013. I have not been able to find any independent information on APSEC or their services. they seem to have a lot of time to chase people - the small fish like me and their service is more expensive than Morningstar newsletter. I wonder what their business model is.

Their website to me looks too much of a mockup that real. No real information about their profile, their team, their service offering etc etc..