Showing posts with label Warns. Show all posts
Showing posts with label Warns. Show all posts

Tuesday, June 12, 2012

Better Business Bureau Warns Employment Seekers to Look for Red Flags During their Summer Job Search - Tucson Citizen

Many students are off for summer break and find themselves searching for temporary work. Better Business Bureau of Southern Arizona is warning high school and university students looking for work this summer to avoid common job scams.

“Many students seeking summer jobs may have little to no previous work experience, And are tempted to apply for jobs that require limited work experience but offer high salaries,” said Kim States, BBB President. “However, the reality is these offers may be scams rather than legitimate work opportunities.”

Ads are posted everyday in newspapers and on the Internet that promise “Summer jobs; make $300 a day” or “last year our employees made $10,000 over the summer”. The intent of these ads generally is to gather personal identity information or to get money from job seekers.

Here are 10 tip-offs that the “employment opportunity” could be a scam:

1. Big bucks for simple tasks. Watch out if they promise to pay you a lot of money for jobs that don’t seem to require much effort or skill. If it sounds too good to be true, it might be a scam.

2. Job offers out of nowhere from strangers. If they offer you a job without getting an application from you, meeting you, or doing an interview, it’s probably a scam. Don’t hand your personal information, especially your Social Security Number or credit card information to such people. This could lead to identity theft.

3. Requests for up-front payments. If someone wants you to make an advance payment to partake in a new business opportunity – especially if it’s a big investment, or you don’t have much information about the deal – this is a red flag. “Advance fee scams” are very common and they come in many varieties.

4. They ask you to wire the money. If you wire a payment to somebody, it’s gone forever. Wire transfers of money are a convenient and perfectly legitimate service. But scam artists often ask you to wire payments that they are requesting (especially to destinations in other countries) because they know you won’t be able to get your money back.

5. High pressure to do it now. Don’t be in a hurry to accept an unsolicited offer of work, or to make a business investment, particularly if the other party is asking you to spend your money on the deal. Take your time and check it out. If somebody tries to convince you that this is a “limited time” offer and you have to act now, just tell them to forget it. High pressure is a common sign that something’s wrong.

6. Refusal to give you full details in writing. Ask for complete information in writing. Look carefully at any documentation they might provide to make sure it answer all your questions. If they won’t give details, or don’t respond to questions, don’t do business with them.

7. References are missing or a bit suspicious. A real business should be able to give you professional references, ask for references and check them yourself. Even if the references seem good, don’t make your decision based on references alone. Do a careful background check; free Business Reviews are available at www.tucson.bbb.org

8. Contact information is missing or doesn’t make sense. Be very cautious if a company is trying to get you to accept a job, but seems to lack any established physical location with a real street address. A cell phone number and website address are not enough contact information. If there is an address, it’s worth taking a moment to check it out on the Internet.

9. They want you to buy expensive items. Be cautious if they expect you to make a major purchase of equipment, software, inventory, or information in order to get started in business. It seems like it might be a real business opportunity – but it’s not; the buyer makes the purchase and never receives the things needed to set up the business.

10. It has a bad rating with the BBB! Victims do complain to the BBB about work at home scams. It only takes minutes to check a company’s record with us at www.tucson.bbb.org

Your BBB can be reached 24/7 at our website www.tucson.bbb.org. For more valuable tips, visit our Facebook page at http://www.facebook.com/soazbbb.

For more consumer tips, visit www.tucson.bbb.org

This entry was posted on Friday, June 8th, 2012 at 5:23 pm and is filed under alert, Life, scam. Tags for this post: BBB, Better Business Bureau of Southern Arizona, job hunt, job scam, job search, looking for a job, scam, summer, temporary jobs, Tucson, unemployment. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.


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Thursday, April 12, 2012

Pershing Warns That Ignoring Women's Market Poses Significant Business Risk For Advisors - Yahoo Finance

JERSEY CITY, N.J., March 27, 2012 /PRNewswire/ -- Pershing LLC, a BNY Mellon company released a new guidebook today entitled, "Women Are Not a 'Niche' Market. They Are a Significant Business Opportunity," which highlights the increasingly complex and relevant role women play in the consumer investment market. The guidebook, based on the findings from the Sullivan Trust Study, examines women as a key market for advisors to grow and maintain their business.

(Logo: http://photos.prnewswire.com/prnh/20071001/NYM012LOGO )

Once viewed as a niche market in the investment industry, significant social and economic trends are gradually putting more women investors in the driver's seat. As women now comprise nearly 60-percent of the U.S. workforce and more than half of married women with business-related degrees out-earn their husbands, advisors without successful approaches for serving this market are at a clear disadvantage.  

"Women represent a crucial client opportunity, both because of their expanding economic power and their frequent dissatisfaction with the service they currently receive," said Kim Dellarocca, director at Pershing, "As women's financial situations have changed, so have their ability to entrust significant assets to investment professionals who are able to serve their needs."

Women Are Less Satisfied Than Men

According to the Sullivan Study, women as a group are less satisfied than men with the performance of their investment professionals.

49% of women said their advisors focused on "making me a smarter investor," compared with 60% of men.And only 57% of women said their advisors "clearly articulate downside risks of investments," compared to 66% of men.

Women want equal treatment from their investment professional.  The findings show an opportunity for advisors to build trust with women investors by opening the channels of communication and providing holistic advice on their investments.

Increasing Spending Power

Additionally, the study finds that women control roughly two-thirds of annual spending in the U.S., which adds up to about $12 trillion.

About 80% of women will be solely responsible for household financial decisions at some point in their lives.

Considering that financial professionals today are concerned with ways to stay competitive, stay profitable and grow their business, this is an area that should not be overlooked.

The guidebook, which is the first of a three part series by Pershing providing insight and advice on specialty markets, offers several ideas to develop strategies that can help advisors secure and service women clients at every stage of their lives. Pershing also provides insight from women investors that can help advisors change their approach to their clients and prospective client base and break down the barriers that keep women unsatisfied with the performance of their investment professionals.

To obtain a copy of the Women Are Not a "Niche" Market. They Are a Significant Business Opportunity, please visit http://www.pershing.com/women

Pershing LLC (member FINRA/NYSE/SIPC) is a leading global provider of financial business solutions to more than 1,500 institutional and retail financial organizations and independent registered investment advisors who collectively represent more than five million active investors. Located in 23 offices worldwide, Pershing and its affiliates are committed to delivering dependable operational support, robust trading services, flexible technology, an expansive array of investment solutions, practice management support and service excellence. Pershing is a member of every major U.S. securities exchange and its international affiliates are members of the Deutsche Borse, Irish Stock Exchange, the London Stock Exchange and the Australian Stock Exchange. Pershing LLC is a BNY Mellon company. Additional information is available at pershing.com.

BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 36 countries and serving more than 100 markets.  BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, offering superior investment management and investment services through a worldwide client-focused team.  It has $25.8 trillion in assets under custody and administration and $1.26 trillion in assets under management, services $11.8 trillion in outstanding debt and processes global payments averaging $1.5 trillion per day.  BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK - News).  Additional information is available on www.bnymellon.com or follow us on Twitter@BNYMellon.


View the original article here

Wednesday, April 4, 2012

Pershing Warns That Ignoring Women's Market Poses Significant Business Risk For Advisors - Yahoo Finance

JERSEY CITY, N.J., March 27, 2012 /PRNewswire/ -- Pershing LLC, a BNY Mellon company released a new guidebook today entitled, "Women Are Not a 'Niche' Market. They Are a Significant Business Opportunity," which highlights the increasingly complex and relevant role women play in the consumer investment market. The guidebook, based on the findings from the Sullivan Trust Study, examines women as a key market for advisors to grow and maintain their business.

(Logo: http://photos.prnewswire.com/prnh/20071001/NYM012LOGO )

Once viewed as a niche market in the investment industry, significant social and economic trends are gradually putting more women investors in the driver's seat. As women now comprise nearly 60-percent of the U.S. workforce and more than half of married women with business-related degrees out-earn their husbands, advisors without successful approaches for serving this market are at a clear disadvantage.  

"Women represent a crucial client opportunity, both because of their expanding economic power and their frequent dissatisfaction with the service they currently receive," said Kim Dellarocca, director at Pershing, "As women's financial situations have changed, so have their ability to entrust significant assets to investment professionals who are able to serve their needs."

Women Are Less Satisfied Than Men

According to the Sullivan Study, women as a group are less satisfied than men with the performance of their investment professionals.

49% of women said their advisors focused on "making me a smarter investor," compared with 60% of men.And only 57% of women said their advisors "clearly articulate downside risks of investments," compared to 66% of men.

Women want equal treatment from their investment professional.  The findings show an opportunity for advisors to build trust with women investors by opening the channels of communication and providing holistic advice on their investments.

Increasing Spending Power

Additionally, the study finds that women control roughly two-thirds of annual spending in the U.S., which adds up to about $12 trillion.

About 80% of women will be solely responsible for household financial decisions at some point in their lives.

Considering that financial professionals today are concerned with ways to stay competitive, stay profitable and grow their business, this is an area that should not be overlooked.

The guidebook, which is the first of a three part series by Pershing providing insight and advice on specialty markets, offers several ideas to develop strategies that can help advisors secure and service women clients at every stage of their lives. Pershing also provides insight from women investors that can help advisors change their approach to their clients and prospective client base and break down the barriers that keep women unsatisfied with the performance of their investment professionals.

To obtain a copy of the Women Are Not a "Niche" Market. They Are a Significant Business Opportunity, please visit http://www.pershing.com/women

Pershing LLC (member FINRA/NYSE/SIPC) is a leading global provider of financial business solutions to more than 1,500 institutional and retail financial organizations and independent registered investment advisors who collectively represent more than five million active investors. Located in 23 offices worldwide, Pershing and its affiliates are committed to delivering dependable operational support, robust trading services, flexible technology, an expansive array of investment solutions, practice management support and service excellence. Pershing is a member of every major U.S. securities exchange and its international affiliates are members of the Deutsche Borse, Irish Stock Exchange, the London Stock Exchange and the Australian Stock Exchange. Pershing LLC is a BNY Mellon company. Additional information is available at pershing.com.

BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 36 countries and serving more than 100 markets.  BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, offering superior investment management and investment services through a worldwide client-focused team.  It has $25.8 trillion in assets under custody and administration and $1.26 trillion in assets under management, services $11.8 trillion in outstanding debt and processes global payments averaging $1.5 trillion per day.  BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK - News).  Additional information is available on www.bnymellon.com or follow us on Twitter@BNYMellon.


View the original article here

Wednesday, March 28, 2012

Pershing Warns That Ignoring Women's Market Poses Significant Business Risk For Advisors - Yahoo Finance

JERSEY CITY, N.J., March 27, 2012 /PRNewswire/ -- Pershing LLC, a BNY Mellon company released a new guidebook today entitled, "Women Are Not a 'Niche' Market. They Are a Significant Business Opportunity," which highlights the increasingly complex and relevant role women play in the consumer investment market. The guidebook, based on the findings from the Sullivan Trust Study, examines women as a key market for advisors to grow and maintain their business.

(Logo: http://photos.prnewswire.com/prnh/20071001/NYM012LOGO )

Once viewed as a niche market in the investment industry, significant social and economic trends are gradually putting more women investors in the driver's seat. As women now comprise nearly 60-percent of the U.S. workforce and more than half of married women with business-related degrees out-earn their husbands, advisors without successful approaches for serving this market are at a clear disadvantage.  

"Women represent a crucial client opportunity, both because of their expanding economic power and their frequent dissatisfaction with the service they currently receive," said Kim Dellarocca, director at Pershing, "As women's financial situations have changed, so have their ability to entrust significant assets to investment professionals who are able to serve their needs."

Women Are Less Satisfied Than Men

According to the Sullivan Study, women as a group are less satisfied than men with the performance of their investment professionals.

49% of women said their advisors focused on "making me a smarter investor," compared with 60% of men.And only 57% of women said their advisors "clearly articulate downside risks of investments," compared to 66% of men.

Women want equal treatment from their investment professional.  The findings show an opportunity for advisors to build trust with women investors by opening the channels of communication and providing holistic advice on their investments.

Increasing Spending Power

Additionally, the study finds that women control roughly two-thirds of annual spending in the U.S., which adds up to about $12 trillion.

About 80% of women will be solely responsible for household financial decisions at some point in their lives.

Considering that financial professionals today are concerned with ways to stay competitive, stay profitable and grow their business, this is an area that should not be overlooked.

The guidebook, which is the first of a three part series by Pershing providing insight and advice on specialty markets, offers several ideas to develop strategies that can help advisors secure and service women clients at every stage of their lives. Pershing also provides insight from women investors that can help advisors change their approach to their clients and prospective client base and break down the barriers that keep women unsatisfied with the performance of their investment professionals.

To obtain a copy of the Women Are Not a "Niche" Market. They Are a Significant Business Opportunity, please visit http://www.pershing.com/women

Pershing LLC (member FINRA/NYSE/SIPC) is a leading global provider of financial business solutions to more than 1,500 institutional and retail financial organizations and independent registered investment advisors who collectively represent more than five million active investors. Located in 23 offices worldwide, Pershing and its affiliates are committed to delivering dependable operational support, robust trading services, flexible technology, an expansive array of investment solutions, practice management support and service excellence. Pershing is a member of every major U.S. securities exchange and its international affiliates are members of the Deutsche Borse, Irish Stock Exchange, the London Stock Exchange and the Australian Stock Exchange. Pershing LLC is a BNY Mellon company. Additional information is available at pershing.com.

BNY Mellon is a global financial services company focused on helping clients manage and service their financial assets, operating in 36 countries and serving more than 100 markets.  BNY Mellon is a leading provider of financial services for institutions, corporations and high-net-worth individuals, offering superior investment management and investment services through a worldwide client-focused team.  It has $25.8 trillion in assets under custody and administration and $1.26 trillion in assets under management, services $11.8 trillion in outstanding debt and processes global payments averaging $1.5 trillion per day.  BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK - News).  Additional information is available on www.bnymellon.com or follow us on Twitter@BNYMellon.


View the original article here