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SindbadMalone
Barker
Joined: Jan 03, 2009
Posts: 148
Location: Shanghai/China
Status: Offline
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 Posted:
Oct 30, 2009 - 04:43 PM |
 
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| Post subject: Consultants and financial advisors |
8 'o clock in the morning. I do work late nights mostly, because customers in the US are sleeping when it's daytime in China.
Phone is ringing and some stupid woman with Phillipino accent asking me about my financial plans. What the ****.
12 noon, already in office my gf's phone rings. A british expat is on the phone requesting me. "Helloe, did you think about how to organize your retirement lately?" I told him I am not interested in retiring. And when I feel it's over I know how to shoot myself. But the guy kept talking.
I told the guy, you're disturbing my privacy. But no reaction. I guess he had to finish his just trained monologue. But he understood, **** you. and then he hung up.
I mean we have problems in Shanghai with cockroaches. But there are Raid or Mothballs doing a good job to keep them away. But what to do with those consultants?
I once had one of them coming to my office. He was in a very motivated mood. Haha, until I told him I only make 800 RMB a month.
But this will not stop others from calling me.
Who is giving them my info?
I'm already not taking part in any expat activities. |
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chingiskhan
Wonder Wit
Joined: Apr 24, 2007
Posts: 3671
Location: Shanghai
Status: Offline
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Oct 30, 2009 - 05:02 PM |
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Existing clients who know you. That's how they operate. They ask clients to give names of friends. |
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P123
Talker
Joined: July 31, 2007
Posts: 123
Status: Offline
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Oct 30, 2009 - 05:25 PM |
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had the same problem when I first arrived, in my case I think they got it through one of the estate agents I used |
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SindbadMalone
Barker
Joined: Jan 03, 2009
Posts: 148
Location: Shanghai/China
Status: Offline
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Oct 30, 2009 - 05:31 PM |
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I never gave anybody my info. I don't even live where expats live. I don't go to expat activities and I'm just registered in 2 forums. |
_________________
上海国际快乐离开有限公司 |
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Cylon
PopStar
Joined: Mar 28, 2006
Posts: 1201
Location: Hongkou, Shanghai
Status: Offline
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Oct 30, 2009 - 06:18 PM |
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alixiw
Reacher
Joined: June 19, 2009
Posts: 352
Status: Offline
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Oct 30, 2009 - 06:22 PM |
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when they call me, I always ask who gave them my name and of course they say they 'don't know'...so I tell them when they do know to call me back to tell me and then we can talk.
Which of course they never do. I ask them how am I suppose to trust them with my finances if they don't even know how they got my name. |
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SindbadMalone
Barker
Joined: Jan 03, 2009
Posts: 148
Location: Shanghai/China
Status: Offline
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Oct 30, 2009 - 06:23 PM |
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Never attended expatshow either. |
_________________
上海国际快乐离开有限公司 |
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Cylon
PopStar
Joined: Mar 28, 2006
Posts: 1201
Location: Hongkou, Shanghai
Status: Offline
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Oct 30, 2009 - 06:32 PM |
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| alixiw wrote: |
when they call me, I always ask who gave them my name and of course they say they 'don't know'...so I tell them when they do know to call me back to tell me and then we can talk.
Which of course they never do. I ask them how am I suppose to trust them with my finances if they don't even know how they got my name. |
Last time I got a call I also asked how they got my name, the lady (must be Indian) said we got it from THE database of companies registered in China. I said there is no such database, to which she couldn't reply. |
_________________
SinoHosting.net, China Web Hosting, Business E-mails, Chinese Domain Names
SinoNetworks.net, Corporate IT Solutions in Shanghai |
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MrPuxi
Rocker
Joined: Jan 30, 2008
Posts: 667
Status: Offline
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Oct 30, 2009 - 06:55 PM |
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yeah, it the mysterious DATABASE... hear that too... howver, they can't tell you how you ended up in this database either.
i think "the database" is actually a vortex to a totally different dimension. a dimension where roaches and other pests know how to operate the phone - and then they call through the vortex.
i have no prove of this theory as of yet but i have conclusive evidence. once i have it watertight, i shall publish in this forum first. |
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Kirishima
Barker
Joined: Oct 22, 2008
Posts: 175
Status: Offline
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Oct 30, 2009 - 07:58 PM |
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I gave my business card to a guy i met through a friend, when i first arrived, then got calls about financial plans from some expat. Obviously passed on my business card, and must have been on that scam of introduce and get a cut. No morals |
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Karu
Raver
Joined: June 27, 2005
Posts: 473
Status: Offline
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Oct 30, 2009 - 08:04 PM |
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A get a few calls from time to time. I pity these guys, this job must not be easy.
I am really wondering how people could be convinced by someone on the phone...
I once met a guy who was sales man for morris something in Shanghai and who told me it would not be decent for him to tell me how much he was making a month. Hard to believe... |
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alixiw
Reacher
Joined: June 19, 2009
Posts: 352
Status: Offline
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Oct 30, 2009 - 08:43 PM |
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Does somebody or some organization sell the names to these places?
Like a list broker...I know that's a business in the US, I wonder if that is going on here too?
I pity them too, it must be a hard job but I have less pity for them when the same ones keep calling again and again. |
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Andreas
Board Legend
Joined: Feb 27, 2004
Posts: 10156
Location: s/v Waratah
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Oct 30, 2009 - 08:47 PM |
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You can buy lists of expatriates here from China Telecom. That's what most of them do. Chambers of commerce and consulates are another source. |
_________________
Time is the very substance of life; its golden minutes are the only stones we have with which to build. That spiritual building, not made with hands. |
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paulinshanghai
Reacher
Joined: Nov 13, 2008
Posts: 368
Location: Puxi
Status: Offline
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Oct 30, 2009 - 08:56 PM |
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I just tell them Im a teacher. They lose interest straight away 
IM curious about how much they earn per deal. Any idea? |
_________________
Don't let schooling interfere with your education. www.orientnow.cn |
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Cylon
PopStar
Joined: Mar 28, 2006
Posts: 1201
Location: Hongkou, Shanghai
Status: Offline
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Oct 30, 2009 - 09:19 PM |
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lababillarde
Rocker
Joined: May 26, 2005
Posts: 791
Status: Offline
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Oct 30, 2009 - 09:22 PM |
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for those cold calling guys at companies like Page Financial or Austin Morris, they pay them like RMB3500 "plus commission" (depends on performance)
I got one Brit friend who went for interview at one of these companies and this is what they offer |
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Kirishima
Barker
Joined: Oct 22, 2008
Posts: 175
Status: Offline
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Oct 30, 2009 - 09:45 PM |
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I wouldn't do it for any price. Period. |
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mat
Shanghai Royalty
Joined: Apr 26, 2004
Posts: 9627
Location: On my friggin beer scooter.
Status: Offline
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Oct 30, 2009 - 10:11 PM |
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Are you a director of a company? They get the public lists from Dun & Bradstreet in HK.
That's how the got me. |
_________________
www.justbeer.cn Get a Blondie into you! |
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KarmaComa
Seeker
Joined: June 10, 2009
Posts: 50
Status: Offline
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Oct 30, 2009 - 10:19 PM |
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| Cylon wrote: |
| alixiw wrote: |
when they call me, I always ask who gave them my name and of course they say they 'don't know'...so I tell them when they do know to call me back to tell me and then we can talk.
Which of course they never do. I ask them how am I suppose to trust them with my finances if they don't even know how they got my name. |
Last time I got a call I also asked how they got my name, the lady (must be Indian) said we got it from THE database of companies registered in China. I said there is no such database, to which she couldn't reply. |
Well, she was right but just didn't know it. You can buy a CD with a list of every foreign company registered in China. |
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mat
Shanghai Royalty
Joined: Apr 26, 2004
Posts: 9627
Location: On my friggin beer scooter.
Status: Offline
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Oct 30, 2009 - 10:26 PM |
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Had one lying bastard call me the other day, said he was following up on a previous conversation i had with his colleague. I told him in my own way, that this was highly unlikely, as my conversations with his coleagues usually end with me telling them to go fvcck themselves. |
_________________
www.justbeer.cn Get a Blondie into you! |
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paulinshanghai
Reacher
Joined: Nov 13, 2008
Posts: 368
Location: Puxi
Status: Offline
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Oct 30, 2009 - 10:54 PM |
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^maybe thats why he called you back;)
I found the commission payments strange. So $500usd just to get someone to open an account with that planner? Or just to get someone into their office?
I heard that 3500rmb was the base salary as well. That would suck knowing you will only get 3500rmb a month and maybe/perhaps/doubtfully some more if you really work your ass off.
Thats about 5 hours a week part time teaching (on an average foreigner teachers salary).
Why would you want to be a FP? |
_________________
Don't let schooling interfere with your education. www.orientnow.cn |
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Shangstar
Low Seater
Joined: Feb 07, 2008
Posts: 3388
Location: Spitland
Status: Offline
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Oct 30, 2009 - 11:17 PM |
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i hate these scumsuckers. I ended up buying a utility for my PDA in order to control which calls get through to me and which dont. |
_________________
Americans: The only people who believe that their own moon landing was a faked conspiracy, but that wrestling is real. |
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Mr Totomolo
FooJay
Joined: June 21, 2008
Posts: 1712
Location: Shanghai & Taipei
Status: Offline
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Oct 30, 2009 - 11:28 PM |
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Like Andreas said: in China, you can buy ANY information you need
A little off topic, but look what you can buy :
http://www.worldsources.cn/chinaexportdata.html
I have found 2 of my companies there...I also found some original bill of ladings of shipments of the company employing Victorinchina, by just typing 3 letters (the short initials for his company)
Maybe even some of your own employees have been selling your name or contact infos.... 
In this pervert and decadent world, the only wealth is information. Period |
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niubi
Talker
Joined: May 14, 2008
Posts: 113
Status: Offline
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Oct 31, 2009 - 12:09 AM |
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| chingiskhan wrote: |
| Existing clients who know you. That's how they operate. They ask clients to give names of friends. |
-so tragic when it's true
no one in their right mind would ever sign up for one of these if they really understood how it worked. the insurance companies the advisors sell for know this, and that's why they pay decades of commissions all upfront when a sale is made. |
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Ykai
Barker
Joined: Sep 14, 2009
Posts: 198
Location: Shanghai
Status: Offline
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Oct 31, 2009 - 12:24 AM |
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| Mr Totomolo wrote: |
Like Andreas said: in China, you can buy ANY information you need
A little off topic, but look what you can buy :
http://www.worldsources.cn/chinaexportdata.html
I have found 2 of my companies there...I also found some original bill of ladings of shipments of the company employing Victorinchina, by just typing 3 letters (the short initials for his company)
Maybe even some of your own employees have been selling your name or contact infos....
In this pervert and decadent world, the only wealth is information. Period |
| worldsources.cn wrote: |
3.Why can Worldsource.cn obtain these data?
We has powerful background of cooperating with the government, which helps us to get the most valuable and hard -to-get trade information.
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 Looks legit |
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