I stumbled across Cult wines but was drawn to their very incisive reviews coupled with their wine investment focus rather than the often snobbish view of older wine merchants. I have continued to get very good advice and help and found the team excpetionally bright and forward thinking. I think that the website and account management is a great step forward and will encourage me (and probably others) to continue to invest.
Investing with Cult is a pleasure and they always keep your own circumstamces in mind when constructing a personal Porfolio. Would recommend this Wine Investment Company to anyone Intersted in Fine Wine Investment.
Over the years I've been a client of Cult Wines the service and level of expertise has improved significantly. There is still some room for improvement particularly on the customer contact side which sometimes appears to be inconsistent. However this exercise is a positive step along that path. This is a highly competitive market and levels of confidence with the supplier (in this case Cult Wines) need to be established. This happens over time and recommendations play a big part, therefore it's vital to highlight the importance of customer relationship management.
I was not sure about investing in fine wines but I finally took the first step with Cult Wines. The return on my investment was 48% approx. so I am obviously delighted that I took the chance and I hope to make further investments with them soon. The service I received from Cult Wines was very professional and they made the whole process very easy for me.
I was initially very impressed by Tom Gearing's performance on The Apprentice (BBC TV show) and throughout proved himself to be a trustworthy individual with a genuine character. These were the reasons I made contact with Cult Wines Ltd.
Tom has been very informative at every point throughout my experience. His subject knowledge is seriously impressive, which was reassuring from the outset as I knew nothing about wine investment at the point of making contact.
Reasons why I would recommend Cult Wines Ltd:
- Clients regularly benefit from obtaining wines at 'Lowest price in the UK'. - Management fee= Stress free; inclusive of everything required to make an investment. - Investment recommendations are based on in house analysis which is clearly thoroughly researched, then translated to everyday concise language for investors. - Emails and enquiries are responded to efficiently; detailed responses/analysis by the next working day usually demonstrating good customer focus. - Never any cold calling. - No pressure selling experienced. - Invoices/ receipts are issued on purchases. - Professional in every sense to date, with a friendly twist.
There are many companies out there, but I didn't look past the first.....
My experience with Cult over the last 12 months has been excellent. Whilst the market has dropped 10%, my portfolio has risen by 10% & I have very much enjoyed my sessions with Phil & Tom.
I came to Fine Wine investment in a negative way. Equities looked inflated & interest rates doomed for the medium term.
Although the existence of an exchange, LivEx, which supplies solid & transparent data, & historical market performance were encouraging, I was sceptical.
Could I find an investment adviser whom I could trust?
After some due diligence, I wasn't sure I could depend on the commercial acumen of the traditional wine merchants & was concerned about investing in an unregulated market.
My first meeting with Phil & Tom reassured me hugely on both counts. They have clear investment strategies, built on considerable market experience & rigorous research. They will put forward clear recommendations, but are very amenable to discussing alternative options.
Further reassurance came with the strong performance of my portfolio from the first weeks, Cult's move to larger offices & their plans to expand the business.
Since having been converted to Fine Wine as a serious, yet stimulating investment option, I have been surprised by the reticence of several friends to give it a try. A session with Phil & Tom would be highly persuasive.
Very user friendly and business orientated company personnel ! Honest ,trustworthy and well informed ! Excellent subject knowledge ! Always keen to advise and suggest but not pushy re their intended sale/investment !