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Review by Christian Rucker1 year ago
Exempt market dealer. Had very poor sales person, Mark Amerali. 2/15 investments were bankrupt in bit more than 2 years. Rather than admitting to it, he kept pretending that the companies would be fine down the road. Very aggressive sales practices and very pushy to have you refer your friends to him. At one point had over 100k of money sitting idle in account while taking extended beach holiday in Mexico. Took a half year to get it invested and he did not see it as a problem. In beginning poor diversification (heavy in Alberta) and choosing wrong investments (high risk, growth) for RRSP. Amerali is more aligned with his collecting of commissions than my needs as an investor. Very poor response from Raintree, unreturned messages. They are clearly aligned with their sales man.
Be careful with Raintree!
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