Palm Beach Research Group: Scam or Legit?
The Palm Beach Research Group (PBRG) is an independent financial publishing firm based in Delray Beach, Florida. Established in 2011 by Mark Ford and Tom Dyson, the company focuses on wealth-building and investment strategies, aiming to help clients grow and sustain long-term income.
PBRG offers a variety of products, including newsletters and investment advisories, covering topics from traditional stocks and bonds to alternative assets like cryptocurrencies and real estate.
Products and Pricing
PBRG provides a range of services tailored to different investment interests, some of them includes:
- The Palm Beach Letter: A monthly newsletter offering financial expertise and investment strategies. Price: $199/year
- Palm Beach Confidential: Focused on cryptocurrency investments. Price: $5,000/year
- Palm Beach Crypto Income: Centers on dividend-paying cryptocurrencies. Price: $4,000/year
- Teeka Tiwari’s Alpha Edge: Aims to identify investments that outperform market averages. Price: $4,000/year
- Palm Beach Venture: Targets private investment opportunities. Price: $3,000/year
- Palm Beach Special Opportunities: Focuses on unique investment situations. Price varies
- Palm Beach Infinity: Offers comprehensive access to multiple PBRG services. Price varies
Recent Developments
In early 2024, PBRG faced significant internal challenges. Teeka Tiwari, a prominent figure associated with the company, was dismissed due to violations of company policies designed to maintain research independence and prevent conflicts of interest. This development led to disruptions in service continuity and raised concerns among subscribers.
Customer Feedback and Reputation
PBRG has received mixed reviews from its clientele. On platforms like the Better Business Bureau (BBB), the company holds a B- rating, with numerous complaints regarding service quality and refund issues. Similarly, reviews on Trustpilot and other review sites indicate a range of customer experiences, from satisfaction with the investment advice provided to dissatisfaction over aggressive upselling and unmet expectations.
Can we recommend them?
While PBRG offers a diverse array of investment publications and has been a notable player in the financial advisory sector, recent internal upheavals and varied customer feedback suggest a need for potential clients to exercise caution. It’s advisable for individuals to conduct thorough research, consider personal investment goals, and perhaps seek independent financial advice before subscribing to PBRG’s services.
