New Reviewer

Ivory Stone

Has anyone ever dealt with a company called Ivory Stone, they sell car park investments and co-working space. They seem to promise the world. i have checked them out on companies house and it seems to be a one man operation with a man called Anthony Dodd? The returns seem too high and i dont even think they are licensed in the UK can anyone help me or has dealt with them in the past? It is a concern that companies can offer investments but dont seem to be licensed by the FCA? How can i check that the company are legit? it seems they dont even have any culpability if it all goes wrong?
View full review
2 comments
#1427241

Hi there,

Thank you for your message,

I thought it might be helpful to answer your questions directly to clear away any confusion you may have with the business.

Ivory Stone introduces alternative property assets to High NET worth and Sophisticated Investors.

We act only as an intermediary between the investor and the developer, so if an investor decides to invest in any of the products they always do so directly with the developer or the product provider.

We do not provide financial, tax or investment advise to clients and we also have no control over the investments themselves as we are not involved in them.

As the investment opportunities we introduce are all property ownership related, they are also outside the remit of the FCA and are not regulated investments. This doesn't mean there is anything inherently wrong with them, but it does mean there is a varying degree of quality and risk within the market (which is why they are only available to sophisticated investors who are able to assess the risks correctly) I do personally take a great deal of care to ensure we are only providing details to the right types of investors who are able to assess the risks of these opportunities. For example, our website clearly states this and clients must also sign and confirm their status before receiving any information or investing in any restricted products. Ultimately, if we are unable to confirm the suitability criteria of an investor or do not feel they have enough experience, we would always politely advise that the opportunities may not be appropriate for them and suggest they should seek qualified financial advise first.

Of course, it is impossible to control every enquiry as no business is perfect, so apologises if this was not made clearer to you during your enquiry. You do not mention your name so I am unable to cross reference any enquiry from you to investigate further. I am always looking to improve our processes so certainly welcome any additional feedback and questions that you have.

Please do contact me directly using tony@***.co.uk should you wish. Best wishes, Tony Dodd, Director

#1765680
@PissedConsumer1427241

Good

View more comments (1)
ID
#1109712 Review #1109712 is a subjective opinion of poster.

Why Trust Reviews on PissedConsumer?

  • Professional auto and live moderation
  • 100% user-generated content
  • Equal opportunity and protection
  • Zero tolerance for fake reviews
  • Verified content

For more information read Blog article