These crooks shut down those they have stolen from by threatening legal action against them. God forbid one would dare to complain, read their fine print which insulates them from their charging huge fees and losing your money. Stay away from them.

Everything said by these former employees is true, *hidden* from CMH uses the courts to silence those who complain about his companies abysmal performance. Little wonder they have not put their names to their blogs. My partner lost $100,000 from their self managed fund in two years. fees are $10,000 pa, be aware when you sign up you agree not to go public with any complaints, if you do bully boy *hidden* sends you legal letters threatening to take whats left after they have fleeced you. Why would people say all this if there was no truth in it? *hidden* won't reply to letters when you are shocked by your financial losses. DO NOT invest with this company, you are better using a mutual fund, there is no quick road to super riches.

The posts listed here are libel and your website posting these messages continues to commit the offence under the Australian laws. So called "ex-employee" purposely don't state their names as wish to hide behind the cloud of the net poring dirt on the firm and individuals damaging their reputation.

This Carnegie Morgan Hill group must be an annoying call centre that keep calling mewhen I've told them to stop calling.Does anyone even know who they are?

Jessie from Carnegie Morgan Hill is the message it diverts to.

As an ex-employee of Carnegie Morgan Hill I strongly warn all potentially clients and employees to stay clear. Why *hidden* (the director) isn?t in Jail is beyond me. Here?s what I know:Carnegie Morgan Hill purposely misleads you into taking on far more risk than you should be. They over promise and deceive you into signing documentation which states you are comfortable with shares, high risk assets as well as borrowing money to do so. This is achieved without making the client aware of the risks and over promising on the investment results. From here, CMH will then organise a new mortgage and margin loan and invest you into risky assets. The new loans they create make it much easier and simpler for you to pay for the $10 ,000 to $30,000 in fees they charge you, and because they are doubling or tripling your initial cash outlay with borrowed funds, guess what? The commissions paid to CMH from the recommended investments double or triple as a result too!. The investments used are solely recommended due to the high commission they are paying with no basis to recommend the investments for the clients at all. Becton Property Group and Linear, pay high commissions with Gunns Limited paying up to 10% commission to the Firm. If you have done your research you would know that Becton and Gunns are in a financial mess and investors have lost a fortune.For any clients of CMH who are thinking of starting a class action or suing/complaining I would urge you to bring the company down. As a respected financial planner myself, working for a reputable company with over 300 advisers I can tell you now that he would not have a leg to stand on if you took him on. For example:1)    CMH almost never keep file notes of conversations. One of the main ways an adviser can protect themselves is with detailed file notes and record keeping. Key documents and significant amounts of file notes are missing from almost every client file of CMH.2)    90 - 95% of their clients risk profiles are (high risk). This is just not possible given that most clients from 2009 - 2012 are usually proceeding with advice as a ?balanced investor ?or ?conservative? investor. As I see upward of 10 clients per week myself, I know this from experience.3)    False projections in SoA?s, especially when they demonstrate negatively geared investments as being ?positive cash flow?. This alone would be a basis for suing them.4)    The Financial Plans (SoA?s) are poorly written, and I doubt they would stand up in court. I urge you to have these checked over by a reputable solicitor or legal professional.I can also confirm that most advisers in the firm, especially *hidden* and Marc Ellis have strong cocaine habits. The advisers are inexperienced and are only employed for their sales skills, not their knowledge or expertise. The advisers are notorious for not returning calls and sometimes they may force admin staff with zero experience to take the call and cop the hit of angry clients.As for the 1 positive comment on this forum I can already tell you that this is *hidden* trying to save himself. If the comments weren?t true then why would they be here? Their main investments, Becton, Linear and Gunns have all performed horribly and the share market has not performed either since CMH began as a company. There is no way that any clients have done well from him. Also, their website is a false representation of the company. They outsource their accounting, the person who does all the financial strategies and property advice is *hidden* who has worked on oil rigs most of his life and is fraudulent, poorly educated adviser. The lending is controlled by *hidden* who only uses loans that are the easiest to set up, but definitely not the best for the client.If you are a client and you haven?t done anything, then *hidden* will continue to operate, continue to rip off his clients whilst he will get rich and wealthy. If you do try and sue/make a class action then hopefully you will get some of your money back and save some other honest Australians the heart ache and pain that you have experienced.SincerelyEx-employee of CMH

I missed a call from this number, what‘s the name of the company?

As an ex-employee of Carnegie Morgan Hill I strongly warn all potentially clients and employees to stay clear. Why *hidden* (the director) isn’t in Jail is beyond me. Here’s what I know:

Carnegie Morgan Hill purposely misleads you into taking on far more risk than you should be. They over promise and deceive you into signing documentation which states you are comfortable with shares, high risk assets as well as borrowing money to do so. This is achieved without making the client aware of the risks and over promising on the investment results. From here, CMH will then organise a new mortgage and margin loan and invest you into risky assets. The new loans they create make it much easier and simpler for you to pay for the $10 ,000 to $30,000 in fees they charge you, and because they are doubling or tripling your initial cash outlay with borrowed funds, guess what? The commissions paid to CMH from the recommended investments double or triple as a result too!. The investments used are solely recommended due to the high commission they are paying with no basis to recommend the investments for the clients at all. Becton Property Group and Linear, pay high commissions with Gunns Limited paying up to 10% commission to the Firm. If you have done your research you would know that Becton and Gunns are in a financial mess and investors have lost a fortune.

For any clients of CMH who are thinking of starting a class action or suing/complaining I would urge you to bring the company down. As a respected financial planner myself, working for a reputable company with over 300 advisers I can tell you now that he would not have a leg to stand on if you took him on. For example:

1)    CMH almost never keep file notes of conversations. One of the main ways an adviser can protect themselves is with detailed file notes and record keeping. Key documents and significant amounts of file notes are missing from almost every client file of CMH.

2)    90 - 95% of their clients risk profiles are (high risk). This is just not possible given that most clients from 2009 - 2012 are usually proceeding with advice as a ‘balanced investor ‘or ‘conservative’ investor. As I see upward of 10 clients per week myself, I know this from experience.

3)    False projections in SoA’s, especially when they demonstrate negatively geared investments as being “positive cash flow”. This alone would be a basis for suing them.

4)    The Financial Plans (SoA’s) are poorly written, and I doubt they would stand up in court. I urge you to have these checked over by a reputable solicitor or legal professional.

I can also confirm that most advisers in the firm, especially *hidden* and Marc Ellis have strong cocaine habits. The advisers are inexperienced and are only employed for their sales skills, not their knowledge or expertise. The advisers are notorious for not returning calls and sometimes they may force admin staff with zero experience to take the call and cop the hit of angry clients.

As for the 1 positive comment on this forum I can already tell you that this is *hidden* trying to save himself. If the comments weren’t true then why would they be here? Their main investments, Becton, Linear and Gunns have all performed horribly and the share market has not performed either since CMH began as a company. There is no way that any clients have done well from him. Also, their website is a false representation of the company. They outsource their accounting, the person who does all the financial strategies and property advice is *hidden* who has worked on oil rigs most of his life and is fraudulent, poorly educated adviser. The lending is controlled by *hidden* who only uses loans that are the easiest to set up, but definitely not the best for the client.

If you are a client and you haven’t done anything, then *hidden* will continue to operate, continue to rip off his clients whilst he will get rich and wealthy. If you do try and sue/make a class action then hopefully you will get some of your money back and save some other honest Australians the heart ache and pain that you have experienced.

Sincerely

Ex-employee of CMH

This Carnegie Morgan Hill group must be an annoying call centre that keep calling me
when I've told them to stop calling.
Does anyone even know who they are?