KOSEC - Kodari Securities Reviews 46

TrustScore 2 out of 5

1.9

While we don't verify specific claims because reviewers' opinions are their own, we may label reviews as "Verified" when we can confirm a business interaction took place. Read more

To protect platform integrity, every review on our platform—verified or not—is screened by our 24/7 automated software. This technology is designed to identify and remove content that breaches our guidelines, including reviews that are not based on a genuine experience. We recognise we may not catch everything, and you can flag anything you think we may have missed. Read more

See what reviewers are saying

Rated 1 out of 5 stars

Incredibly aggressive sales staff - all called "Pierre". Stay away to avoid losing money and time. When you tell them to remove you from their list - expect another call in a couple of months.

Rated 1 out of 5 stars

Only interested in commissions from trades. No semblance of portfolio management in any form Kosec advisers/sales consultants continually advise you to trade after minimal profits or large l... See more

Rated 1 out of 5 stars

Used them 8 years ago - lost $25k (20%) on their recommendations in about 6 months and stopped trading. Their brokerage fees were ridiculous and when pointed this out they dropped them to match CBA ra... See more

Rated 5 out of 5 stars

If you actually understand the industry you would what they offer. There is no company that provides the same level of service and performance. I have exprienced UBS, Morgans and Bell Potter in the pa... See more

Company details

  1. Investment Service
  2. Finance Broker
  3. Financial Consultant
  4. Investment Company
  5. Stock Broker

Information provided by various external sources

KOSEC – Kodari Securities is a leading provider of investment services to a substantial and diversified client base in Australia, including corporations and high net worth individuals. Founded by Michael Kodari, the company headquarters are in Sydney A...


Contact info

1.9

Poor

TrustScore 2 out of 5

46 reviews

5-star
4-star
3-star
2-star
1-star

Hasn’t replied to negative reviews

How this company uses Trustpilot

See how their reviews and ratings are sourced, scored, and moderated.

Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 1 out of 5 stars

They don't care if you gain or lose

They don't care if you gain or lose, either way everytime buy or sell. They the one make money from your brokage fees.
They get you to buy a stock they recommended even thought the share prices up 2-3% on the day. They then place a 10% gain and 10% stop lost .
They will also ask you to transfer all your portfolio to them and they will analyse it but I personally don't think do tje analyse.
Once you transferred your portfolio to them, they'll ask you to sell them all so you'll have equity to start buying stocks they recommended. In another word, they just want to make more money by selling your existing portfolio.
I'm so regret joining them, if i would have to stick to my portfolio, i would have done so much better.
Stay away from them!

March 23, 2022
Unprompted review
Rated 1 out of 5 stars

Sleepless nights

I will keep it short. 20 trades in. Mostly losers. Market up 20% me down 30%. They get their commissions I get poorer. Down 30% I have trouble sleeping at night with the same thing going around and around in my head. It will take me five years work to recoup the money they have lost. My advice STAY THE HELL AWAY.

December 5, 2019
Unprompted review
Rated 5 out of 5 stars

Very Impressed

I had a question about their strategy and a few stocks I held. They were happy to meet with me and go through it all. I was impressed by the way they handled everything!

October 8, 2019
Unprompted review
Rated 5 out of 5 stars

Was new to the stock market and…

Was new to the stock market and shopping around to start. I looked at so many different services, none of them made much sense. These guys actually filtered and had evidence behind their stock recommendation which i really liked. So far i think they are one of the best on the market!

October 2, 2019
Unprompted review
Rated 5 out of 5 stars

Great service

I have been happy using KOSEC's service. They are certainly innovative and I have seen the service improve year after year. They bought me into CSL, Cochlear, Resmed, Appen, WiseTech and Kogan. They are very good at picking quality companies and talk to me on a regular basis. They have performed much better than my managed fund and there is no business that really offers what they do.

September 27, 2019
Unprompted review
Rated 5 out of 5 stars

Kosec delivers

Within the first month my portfolio copped a big hit, a couple really. It was upsetting, but a reminder that No One gets the Stock Market right 100% of the time.

I’m in my Mid-fifties, can cope with a little risk for return, so I hung in there. It took them 6 months to make up the early losses. Sid, Will and Thomas have been my regular advisors, clearly providing informations and my trade options.

It’s not for a Kosec client to accept every trade recommendation, in fact they facilitate access to the trading platform your Portfolio is managed on to allow you to carry out your own trades. I have taken a contrarian view to Kosec recommendations in the past, only rarely when I have a different understanding on a stock.

Kosec has turned things around wonderfully for my portfolio. They have also educated me the reasons why they make choices. So I get a double return on the commission and membership fee I pay.

I still have a separate portfolio which I trade, but not having the time and research tools that the Kosec wizards have, it’s slipping behind. Methinks I’d better rethink my own portfolio and favour Kosec’s.

August 26, 2019
Unprompted review
Rated 1 out of 5 stars

KEEP AWAY!!!

Only interested in commissions from trades.

No semblance of portfolio management in any form

Kosec advisers/sales consultants continually advise you to trade after minimal profits or large losses so they can achieve their targeted commissions on trades.

Managed to lose over 16% when the market rose over 6% in 5 months a large proportion of the loss in commissions. That is 22% below the market, then came the last quarter of 2018 when they sat on their hands on watched as the my portfolio declined.

Do not get involved!!!

July 18, 2019
Unprompted review
Rated 5 out of 5 stars

I was a little bit hesitant

I was a little bit hesitant to get into this but once I spoke to the people at KOSEC they helped me understand what I was getting into and since then I have made a profit

July 8, 2019
Unprompted review
Rated 1 out of 5 stars

Get poor quick - just trust Kosec

Could not agree more with last reviewer, i wrote virtually an identical review about a year ago, but it seems to have disappeared (conveniently for Kosec).

We need to constantly warn ordinary people to not trust their hard earned savings to these chumps, definitely well under performed the market, and lost me a considerable sum last year in a rising market.

Hey Kosec- if you are a genuine high performing group - publish independently audited trade results. yeh right!!!!

It is absolutely appalling that they are still in business, but also that the genuine reviews don't seem to be getting captured on the major web searches.

Run, run far away from Kosec!

PS - it is pretty clear that those writing high rating reviews are obviously connected to Kosec at a personal level because there is absolutely no way that Kosec are somehow producing miracle returns for a select few when the overall negative reviews all have a constant theme and outcome!

June 20, 2019
Unprompted review
Rated 5 out of 5 stars

I like their professionalism

I like their professionalism. They were very kind and also helped me to get better ROI. They briefed me every possible way to invest my money for better ROI.

March 27, 2019
Unprompted review

The Trustpilot Experience

Anyone can write a Trustpilot review. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.

Companies can ask for reviews via automatic invitations. Labeled Verified, they’re about genuine experiences.

Learn more about other kinds of reviews.

We use dedicated people and clever technology to safeguard our platform. Find out how we combat fake reviews.

Learn about Trustpilot’s review process.

Here are 8 tips for writing great reviews.

Verification can help ensure real people are writing the reviews you read on Trustpilot.

Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.

Take a closer look