Nicola J Rik

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Verified Reviewer

Took $5k for 50 investments in 5yrs then disappeared

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Brownstone Research - Took $5k for 50 investments in 5yrs then disappeared

The product, 'Day One Investor' by Jeff Brown, is a scam that conned us out of a $5k subscription. He provided approximately a dozen investment recommendations before he disappeared.

Jeff Brown alleged that he was fired and subsequently unable to access his subscriber base. However, he was then purportedly rehired by the same company and failed to inform his subscribers about the benefits they were supposed to receive from 'Day One Investor,' which were touted as '50 deals in 5 years.' Despite my numerous attempts, I have not been able to make contact with Jeff Brown, Brownstone, or Day One Investor. I advise everyone to steer clear of this scammer, who hosts videos for new products and has essentially created a false profile of successes to lure people into spending thousands of dollars. There ought to be a class-action lawsuit against Jeff Brown for defrauding the public out of $5000 USD and then ignoring us once the '90-day guarantee' had expired.

Interestingly, the 'guarantee' only covered shifting the investment within the company, not offering an actual money-back situation.

I fell for the hype. To my dismay.

View full review
Loss:
$5331
Cons:
  • Constantly hyping products but not delivering

Preferred solution: Full refund

User's recommendation: Do not trust Jeff Brown. His other stick rec's tanked too.

Josh G Tte

This review is from a real person who provided valid contact information and hasn't been caught misusing, spamming or abusing our website. Check our FAQ

Verified Reviewer

Misleading and horrendous product

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So upon subscribing to their newsletter (The Bleeding Edge), it looked pretty promising so I decided to do a bit of research. Everything I saw regarding this company looked relatively good based on the reviews, so I decided to give it a try.

Under the Impression that I was purchasing a $200 product, I blindly proceeded. That is until I saw my bill. $2700. So I tried multiple times to get my money back through phone and email with absolutely no response.

I couldn't even get through on their line. Either it was busy or I'd just get hung up on without even getting a hello in. Anyway I put in a complaint with the BBB. I've actually done more research since.

Turns out the company only recently changed their name from Bonner and associates to brownstone research. The real reviews state that this company is a complete fraud, their product is substandard if even that.

Reports state that there were unauthorized withdraws to costumers credit cards and people being mislead into the purchasing a product for far more than they thought.

Steer very clear from brownstone research or Bonner and associates. Steer clear from The name Jeff Brown who is the founder of both scams.

View full review
Loss:
$2747

Preferred solution: Full refund

User's recommendation: Don't do it. Buy a book on investing. That'll cost you $20, and will have reliable info.

19 comments
Guest

Thank you I was going to pay $200 for a subscription but since there are so many investing scams out there I thought I better investigate this jerk turns out I was right about him. Anything that sounds to good to be true is always a scam especially when they offer discounts then you know it's a scam.

Jerie Foj

I absolutely agree with this consumer. This guy and his minions are nothing but low rate car salespeople and you don't even have a *** used car to show for it!

I was roped in for $300 and thought very seriously about buying the same subscription you purchased. I decided to listen to my gut and not continue with the additional subscription purchase.

I'm so sorry they practically shoplifted a hard-earned $3K out of your account. I hope more people read these honest reviews and steer clear of these jerks.

Guest

thanks saved me s0me money

Guest

Thanks for the review. Prevented me from making a big mistake.

Guest

first read, seems convincing. thanks for Your insight :D

Lissa Lbl

I too have bought into some of these types of advice guys and all you get is your name sold to every other group to try to sell you more bs.

Guest

I have never subscribed to their newsletter, at least, consciously, so when I received one, I unsubscribed (successfully), next day I received one again and again unsubsubscribed and still continue receiving emails. Does this company excepts that by *** me off they will convert me into their client?

Reported to Google as spam. Buy!

Guest

I have to disagree with the writer. I signed up for a few services and finally the brownstone research which gave me some well worth recommendations and my investments are up like never before. I have been investing since the 1990s and no books were of much help till i got to work with jeff brown, a respectable and well educated man in what he recommends.

Jasmine T Qhn
reply icon Replying to comment of Guest-1965660

Hello Jeff... nice try. You stole my data, complete charlatan, should be ashamed of yourself.

Guest
reply icon Replying to comment of Guest-1965660

Sounds extremely scripted.....

View more comments (18)
Anonymous
map-marker Burton, Michigan

Purchesed but hard to return

I purched Heater and would like to return, I called, emailed many times but no one answer me, no return email. I don't know how to get money back

View full review

User's recommendation: don't buy anything

Sam M Zbf

Scam!! Jeff vanished

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DONT SUBSCRIBE!!! Scammers!

Im an Unlimited subscriber, pushed us into deep losses and finally this guy vanished from the company.

View full review
Loss:
$2500
Cons:
  • Not trust worthy

Preferred solution: Full refund

Tim B Hbt

This review is from a real person who provided valid contact information and hasn't been caught misusing, spamming or abusing our website. Check our FAQ

Verified Reviewer

Subscription

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please cancel

You seem to have taken £103.94 today. I don't recall signing up.

What would I be paying for? I have big debts. I am British. I rarely use US firms/sites.

Was this a trial sub.? If not please refund my capital.

Thanks

Tim Briault

Regards,

View full review

Preferred solution: Full refund

User's recommendation: check what you are signing up for

Anonymous
map-marker Novato, California

Early Stage Biotech InvestmentOpen DateOpen PriceRecent PriceDividendsReturnsStop LossNotes Alector Inc (ALEC)07/25/19$20.86$6.59$0.00-68.4%-Buy up to $26.44 Gossamer Bio (GOSS)07/25/19

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Early Stage Biotech

InvestmentOpen DateOpen PriceRecent PriceDividendsReturnsStop LossNotes

Alector Inc (ALEC)07/25/19$20.86$6.59$0.00-68.4%-Buy up to $26.44

Gossamer Bio (GOSS)07/25/19$19.24$1.17$0.00-93.9%-Buy up to $23.00

Editas Medicine (EDIT)08/13/19$24.59$7.65$0.00-68.9%-Buy up to $40.00

Harpoon Therapeutics (HARP)08/21/19$12.78$0.71$0.00-94.5%-Buy up to $15.00

Precision BioSciences (DTIL)09/11/19$9.38$0.87$0.00-90.7%-Buy up to $10.75

Homology Medicines (FIXX)12/11/19$19.92$1.01$0.00-94.9%-Buy up to $20.18

Hookipa Pharma (HOOK)12/18/19$9.17$0.76$0.00-91.8%-Buy up to $12.00

Atreca (BCEL)01/24/20$18.26$0.99$0.00-94.6%-Buy up to $20.21

Stoke Therapeutics (STOK)01/30/20$26.56$8.72$0.00-67.2%-Buy up to $30.84

Black Diamond Therapeutics (BDTX)04/15/20$26.50$1.57$0.00-94.1%-Buy up to $29.68

Cabaletta Bio (CABA)06/26/20$10.92$8.09$0.00-25.9%-Buy up to $11.00

Revolution Medicines (RVMD)07/31/20$24.12$22.17$0.00-8.1%-Buy up to $26.47

Passage Bio (PASG)08/28/20$16.02$1.07$0.00-93.3%-Buy up to $16.50

Akero Therapeutics (AKRO)01/08/21$28.52$38.04$0.0033.4%-Buy up to $28.52

Pliant Therapeutics (PLRX)02/02/21$27.89$26.06$0.00-6.6%-Buy up to $34.25

Avidity Biosciences (RNA)02/19/21$25.27$15.26$0.00-39.6%-Buy up to $25.27

ADC Therapeutics (ADCT)03/16/21$29.25$2.36$0.00-91.9%-Buy up to $29.28

TCR2 Therapeutics (TCRR)03/26/21$23.26$1.51$0.00-93.5%-Buy up to $23.68

Nkarta Therapeutics (NKTX)06/29/21$29.68$4.30$0.00-85.5%-Buy up to $30.50

4D Molecular Therapeutics (FDMT)10/18/21$29.86$16.85$0.00-43.6%-Buy up to $30

Sana Biotechnology (SANA)12/09/21$17.94$4.90$0.00-72.7%-Buy up to $20

Homology Medicines (FIXX)02/25/22$2.76$1.01$0.00-63.4%-Doubled Down on Position

Solid Biosciences (SLDB)03/11/22$15.90$5.35$0.00-66.4%-Buy up to $18.75

(T) = Trailing Stop

(H) = Hard Stop

View full review

User's recommendation: Early Stage Biotech InvestmentOpen DateOpen PriceRecent PriceDividendsReturnsStop LossNotes Alector Inc (ALEC)07/25/19$20.86$6.59$0.00-68.4%-Buy up to $26.44 Gossamer Bio (GOSS)07/25/19$19.24$1.17$0.00-93.9%-Buy up to $23.00 Editas Medicine (EDIT)08/13/19$24.59$7.65$0.00-68.9%-Buy up to $40.00 Harpoon Therapeutics (HARP)08/21/19$12.78$0.71$0.00-94.5%-Buy up to $15.00 Precision BioSciences (DTIL)09/11/19$9.38$0.87$0.00-90.7%-Buy up to $10.75 Homology Medicines (FIXX)12/11/19$19.92$1.01$0.00-94.9%-Buy up to $20.18 Hookipa Pharma (HOOK)12/18/19$9.17$0.76$0.00-91.8%-Buy up to $12.00 Atreca (BCEL)01/24/20$18.26$0.99$0.00-94.6%-Buy up to $20.21 Stoke Therapeutics (STOK)01/30/20$26.56$8.72$0.00-67.2%-Buy up to $30.84 Black Diamond Therapeutics (BDTX)04/15/20$26.50$1.57$0.00-94.1%-Buy up to $29.68 Cabaletta Bio (CABA)06/26/20$10.92$8.09$0.00-25.9%-Buy up to $11.00 Revolution Medicines (RVMD)07/31/20$24.12$22.17$0.00-8.1%-Buy up to $26.47 Passage Bio (PASG)08/28/20$16.02$1.07$0.00-93.3%-Buy up to $16.50 Akero Therapeutics (AKRO)01/08/21$28.52$38.04$0.0033.4%-Buy up to $28.52 Pliant Therapeutics (PLRX)02/02/21$27.89$26.06$0.00-6.6%-Buy up to $34.25 Avidity Biosciences (RNA)02/19/21$25.27$15.26$0.00-39.6%-Buy up to $25.27 ADC Therapeutics (ADCT)03/16/21$29.25$2.36$0.00-91.9%-Buy up to $29.28 TCR2 Therapeutics (TCRR)03/26/21$23.26$1.51$0.00-93.5%-Buy up to $23.68 Nkarta Therapeutics (NKTX)06/29/21$29.68$4.30$0.00-85.5%-Buy up to $30.50 4D Molecular Therapeutics (FDMT)10/18/21$29.86$16.85$0.00-43.6%-Buy up to $30 Sana Biotechnology (SANA)12/09/21$17.94$4.90$0.00-72.7%-Buy up to $20 Homology Medicines (FIXX)02/25/22$2.76$1.01$0.00-63.4%-Doubled Down on Position Solid Biosciences (SLDB)03/11/22$15.90$5.35$0.00-66.4%-Buy up to $18.75 (T) = Trailing Stop (H) = Hard Stop

GAYLE P Uoy

This review is from a real person who provided valid contact information and hasn't been caught misusing, spamming or abusing our website. Check our FAQ

Verified Reviewer

Order for the Compact Drill Set

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Hello, I'm writimg to double check on.my Pay Pal order placed on Dec.15, 291q, I needed to double cjeck that I correctly sent my SHIPPING ADDRESS- 501 WEST LONG AVE., DuBois, PA- 15801. Also, am reinterating my E-Mail address-- gaylep193-gmail.com.

-- My phone #,,(814) 591- ****. If any more info is required, PLEASE NOTIFY ME BY TELEPHKND AT THD ABOVD PHKNE NUMBSR.

AS SECONDARY,- PLEASE FOLLOW UP WITH AN E-MAIL TO MY ABOVE E-MAIL ADDRESS. THANK YOU

.

View full review

Preferred solution: I am only making sure I.listed my shipping * e-mail address

User's recommendation: Make sure to write down or photo copy your Order confirmation number plus your shipping, E-mail.address

Tracey H Fan

Sent product back and they will not refund my money

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Did not order what was sent and was told to write on package return to sender, Thats what i did and they will not refund me.no

View full review
Loss:
$127

Preferred solution: Full refund

Anonymous
map-marker Yorktown Heights, New York

Question on your November new future report

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I have found that some of information that is supplied to investors is somewhat misleading and to a untrained eye the wrong impression could be made.

I personally dont have any problem with that but a unsafisticated investor could leave with the wrong impression.

View full review
DEANNA Y Gom
map-marker Spring, Texas

Bogus companies

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You are fortunate. I have been charged nearly $6,000.

It appears that once they got my credit card info they used it to sign me up with other entities.la None of these "entities" have made me a single dime. These are the most unethical "people" I have come across. I am living off of Social Security, so obviously this amount is a serious thing for me. I believe they will attempt to try and increase it after a year.

I believe all of us that fell for their scheme should file a Class Action Suit. A suit was filed with the SEC a few years ago for defrauding people of over $17 million in a real estate scheme.

He received 5 years in prison. Doesn't appear he learned much.

View full review
Loss:
$6000

Preferred solution: Full refund

User's recommendation: Do not buy anything related to any of these companies

1 comment
Guest

Yes I think Brownstone Research customers should file a class action suit. If I sold his crap suggestions I would lose over $175,000.00.

May mean nothing to them, but I live on social security and I am now crippled in buying my retirement home because I can’t afford to sell any investments at such a loss. So I’m stuck renting and the rent is more than my soc.

sec. The “bleeding edge” is my investment account.

Anonymous
map-marker Enterprise, Alabama

Unsolicited AMEX billing notice for $129.00. Their customer service email does not work.

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unsolicited charge to be placed on AMEX. Stay far away from this. I tried to send them an email to cancel this charge, however it was rejected as an invalid email address.

View full review

User's recommendation: Stay far away from this

wilhelm v

I am in a 90 day trail, contacted the company to cancel, and the operator did not want to proceed with my request.

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Updated by user Aug 10, 2022

It is a nightmare and not recommended - fasle misleading advise and their services are not helpful at all.

Original review Aug 10, 2022
Upon calling and advising that I am canceling the subscription, the operator was not willing nor helpful to proceed and confirm that my request is accepted. No acknowledgement or confirmation ref number is given, nor did I get told that the refund will be granted.

Now - to place follow-up calls, it gets more difficult to reach someone.
I am waiting for Brownstone to send me a confirmation ref number, that Brownstone's trail is cancelled. It is normal to receive a confirmation, and that payment will be restored to the CC which was used.
today is August 10, 2022 (Trail was started in16,June 2022 - it is a 90)
View full review
Pros:
  • No pros
Cons:
  • Misleading destorted advertising
  • False advertising

Preferred solution: Full refund

User's recommendation: Do not engarge getting signed up in a trail, because they do not honor what they sell / promise and make it difficult to be cooperative.

Anonymous

How I got my $ back from Brownstoneresearch

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HOW I GOT MY MONEY BACK FROM BROWNSTONERESEARCH. I called the Delray Beach, Florida Police.

I figured scammers like these want to be far away from those they cheat. So I went to the police right where they live! The officer who took my state memento was a dream: polite, dedicated, interested in getting the truth. Not gay, but would like to hug him.

He sent another officer to Brownstone with my statement to get theirs. They acted innocent, but quickly agreed to send me my $500 back.

Cockroaches dont like it when you come into their nest. Good luck to all.

View full review
Loss:
$500
Anonymous
map-marker Wichita Falls, Texas

Hyped knowledge but terrible investment advice

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I'm sorry to say that I fell for their sales pitch. Not only have I not made money from it, my original investment is down 75-80%

View full review

User's recommendation: Take no investment advice from ANY Legacy affiliated investment advisors

Anonymous

Scam, Fraud and Grifters

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Brownstone Research - Scam, Fraud and Grifters
Brownstone Research - Scam, Fraud and Grifters - Image 2
Brownstone Research - Scam, Fraud and Grifters - Image 3
Brownstone Research - Scam, Fraud and Grifters - Image 4

Do Not Associate with this company in any way whatsoever. These guys are not Financial Consultants at all.

The entire business model is based on Selling your Data, email info etc. to other companies who will spam and spam and spam and then those companies sell them too, and they too.

Jeff Brown is such a huge Con Man. I have rec'd reply emails from "Siri" and "Giselle" after requesting that they stop selling my data and delete me from all their data bases. I'm not sure if those are actual individuals or just bots that Grifter Brown uses.

But if they are in fact REAL people, I can not wrap my mind around working for someone of this ilk.

I would rather clean bathrooms and be in such a lowly business . .

. which they try to position as an actual Financial Business.

View full review
Cons:
  • Unstoppable stream of spam
  • Fraud
  • Bombarded with emails

Preferred solution: STOP SELLING or Distributing my email to other scam companies. Delete me from all your Data Bases and stop using my name & email

User's recommendation: This is their business. Does this look like the kind of Marketing that Warren Buffet/Bershire or Ray Dalio uses?? No *** way

Anonymous

Won't stop emailing despite repeated requests

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Brownstone Research - Won't stop emailing despite repeated requests

These is one of the scam businesses associated with Brownstone Research. Jeff Brown and Brownstone Research sold my email and data, (because their front of being an Investment Consultant is just a scam, so they can gather your data and sell it.

. which is obviously their core and only business0

View full review

Preferred solution: I want them A. Stop Emailing me and B. Stop selling or passing my email and personal data to other scam companies

User's recommendation: Do Not Associate with Brownstone Research or any biz associated w/them.

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