It’s in fine print and 99% of readers won’t even read that. They all say that their review has nothing to do with the fact that they get paid for it, but that’s just to avoid any legal issues. How can you trust the authenticity and honesty of these reviews I discussed above? If they will earn money from their referral links, why would they say bad things about Personal Capital. If Someone Gets Paid From Recommending You a Product, Can You Trust Their Review? However, they all claim that their opinions are independent. They are affiliates of Personal capital, and get compensated if you use one of their affiliate links to open an account with this provider. There are many others and they all follow this approach. They have given Personal Capital a great rating and have written many praises for its tools and services.īut, they claim that all of these opinions are free from the fact that they get paid for recommending you the product. This is the last site I’m going to show you. They have added an ‘Advertiser Disclosure’ at the top-right corner of their website to let you know that they get paid from these links. They have also used affiliate links in their articles. Here’s another review site that gives Personal Capital a fantastic 9.5/10 rating. This blog gets compensated for suggesting you Personal Capital’s services Second Site:
In other words, this website will get paid if you set up an account after clicking on those links. Throughout the article, you’ll find plenty of links that tell you to ‘Open Account” on Personal Capital’s website.Īll of these links are affiliate links. To appear genuine, they have kept the rating one-star below perfection and have cited the high fees to be the reason behind their deduction. They praise the investment strategy of Personal Capital, and how the tools are amazing. Here, the review gives Personal Capital a nearly-perfect rating of 4 out of 5 stars. That’s why you can’t trust their ratings. It’s like a referral network but with links.Īll of the positive reviews on Personal Capital are from its affiliates. The link you’ve added is exclusive to you and when someone buys the chocolate after clicking on that link, you get compensation from XYZ chocolate’s company. On your website, you write an article on that product and add a link to the buying page of XYZ chocolate so a person can click on it and buy it directly from there. Suppose you’re an affiliate for XYZ chocolate and you write a blog about chocolates. Affiliate marketing is a huge industry and many blogs are solely dependent on it for generating their revenue. An affiliate is someone who earns compensation if you buy the product through their referral. And as it turns out, none of the positive reviews are reliable.īecause all of the reviewers are affiliates of Personal Capital. I wanted to see if these were reliable or not. But a common theme among all of those reviews is that they are not from the customers of Personal Capital.Īll of the positive Personal Capital reviews you see online are from bloggers, not from actual clients Honestly, I was quite intrigued to see so many positive reviews too. When you looked up Personal Capital, you must’ve seen a ton of articles that rate it 9/10 or 4.9/5. They are UNRELIABLE and UNTRUSTWORTHY Why You Can’t Trust Positive Personal Capital Reviews:
In reality, they have a ton of complaints from users which they don’t address. Most of Personal Capital’s positive reviews are from affiliates. Here’s the summary for anyone who doesn’t want to read this entire review: I really like this website so I thought I should share my thoughts on Personal Capital. I couldn’t find any Personal Capital negative reviews either, so it puzzled me further. Many reputation scams are going on these days such as this one, so when I looked into Personal Capital I was really intrigued.
While they seem great from a distance the reality is much worse. Still, the question is, “ Is Personal Capital legitimate?” They have many reviews online and have many customers. But apart from their financial tools, they also offer investment management services to high-net-worth individuals. They are widely popular because of their free financial tools. Personal Capital is an online wealth advisory firm. Aug1835 9 Personal Capital Review 2021: An Online Reputation Scam and Terrible Service