Well said. Also, the real irony is thinking that actual...

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NoLeafClover

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16/04/24

09:12

Post #: 73361006
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Originally posted by pradaxzy8: ↑

It's the only stock I have that has made bad/poor decisions - that's my obsession. Such a fantastic platform has basically become a shit show since Cath came on board. I don't know what 'direction' you're talking about - however there's been evidently no improvements since the new CEO has come on board nor any announcements that remotely show that there's any sort of roadmap to making SWF a success.

You can remain delusional or in your own little bubble about chasing 'HNW' individuals - if you had any idea about how a company in this sector competes against smaller cap companies offering an identical service offering and how quickly they can be drowned out of the market and become 'stale' then you would know that eventually SWF will become stagnant, smaller cap companies will occupy a larger share and then SWF will either sell off or shut shop.

I see the same posts over and over again about having your own HIN... it means nothing to 90%+ of consumers using SWF services.

Thank god we have a current CEO that is a director/CEO of as many projects as Elon Musk, lets pay him a large pay check and hopefully he can turn this ship around.... that's sarcasm for anyone who can't see what's happening here.

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Well said. Also, the real irony is thinking that actual high-net-worth individuals would give a single sh*t about brokerage fees; if brokerage is a major concern for someone then they're probably not as "high net worth" as they think they are.

Which is why CommSec is still the default choice for anyone with money seeing SelfWealth, Stake etc don't offer enough in terms of advanced features for higher net worth people to bother to change. And CommSec you can have an actual person based in Australia on the phone within minutes, unlike these budget discount online brokers (of which SWF still undeniably is one) that offer email or chat support with significant delays only.

No actual HNW individual is going to wait a day for an email reply when issues involving significant amounts of money are involved. Which, again, begs the question: what is SelfWealth's unique selling point at this point in their existence?

SWF Price at posting: 13.5¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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