Investment Counsel Company

Randy Garcia’s Investment Counsel Company is probably the worst service provider I have ever worked with. Those people are very selfish and manipulative. They don’t care about your personal goals or requirements. No, instead of focusing on what you want, they focus on what they want. This is a common problem with the Investment Counsel Company and for that, they would even compromise your finances. My experience with this wealth management company has been terrible, and I don’t recommend their services to anyone. 

I got interested in working with the Investment Counsel Company because their CEO, Randy Garcia, is a prominent figure here in Nevada. He seemed like the right choice because of his experience and credentials. That guy established this firm in 1987, so you can imagine how experienced he would be. On top of that, he has CIMA and AIFA certifications. Clearly, ICC seemed like the most suitable choice for my financial goals. 

However, they were nowhere near the expectations. In fact, my experience has been nothing short of horrible. The advisors at this company don’t listen to their clients. They would use jargons and complex terminologies to confuse you and make it seem as if they have your best interests at heart, which is definitely not the case. I have noticed how my advisor at ICC didn’t care for my personal financial goals. When we discussed my financial plans, they didn’t talk about my requirements at all. No, instead of listening to me and trying to understand why I want, the advisor focused on what they thought I should do only. 

I get it. They are the experts and they know everything. But you should at least listen to your clients and try to align your suggestions with their requirements. However, this simple idea doesn’t find a place in ICC’s advisors. It is obvious that those people are only concerned about their benefits, their returns, and their goals. 

The advisors at the Investment Counsel Company only care about expanding their portfolio and making more profits. They don’t care about what their clients want or require. It’s a common problem in this company and I have noticed it frequently.

My Problem with Investment Counsel Company

The primary issue I have with this company is that it is deceiving everyone. I believe they are scamming people through misleading marketing. They shouldn’t lie to their clients by saying that they “provide wealth management and financial planning tailored to your specific needs and goals”. It’s a white lie. I don’t like liars and I believe the Investment Counsel Company should get a serious penalty for this. 

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There are many financial advisors in Las Vegas. ICC isn’t the only company here which provides financial planning and wealth management services. I don’t get how they are getting away with it for so long. Maybe it’s because they have an old and reputed brand in the area. Nearly everyone interested in financial services has heard the name of Randy Garcia. Or maybe, it’s because of some other reasons.

In any case, Investment counsel Company should come clean to its clients. It shouldn’t mislead them by saying that they cater to their specific needs when they clearly don’t. What worries me is that many of their clients don’t realize that their financial advisors are manipulating them. I only noticed it recently when I noticed how terribly their staff handled the pandemic and its recession. Some of my friends made better financial moves than these experts. It’s true that the pandemic caught everyone by surprise. But still, there should be some difference between the performance of a decades-old wealth management company and a couple of newbies. 

It was disappointing and since then, I have noticed that the advisors at this company had only been duping me. They never recommend the most optimal investments. In fact, they don’t even listen to you. They only listen to their bosses and their stakeholders. 

Investment Counsel Company Review: Conclusion

The advisors at the Investment Counsel Company don’t listen to you. They don’t bother to hear your personal goals and requirements. No, instead of doing all that, they concentrate on selling you specific investments. I don’t think anyone should do business with these people. Randy Garcia is running a scam by misleading and deceiving his clients about his services. 

1 Comment
  1. 5

    I have known the CEO, Randy Garcia, and many of the staff for decades.  In all those years I have felt that they having nothing but the best interests of their clients’ at heart.  They are fiduciary advisors, who only make money if their clients do well.  As fiduciary advisors they are obligated to put their clients’ best interests first.  As a fee only firm, they do not take commissions for selling certain products or receive compensation from any other outside source so they have no conflicts of interest in recommending investments to their clients.  In my experience Randy and the staff take a personal interest in all of the clients.  I don’t know of any brokerage house that meets with every single client four times per year to review their portfolios and to find out if clients’ needs, goals or circumstances have changed.  I know clients who have been with the Investment Counsel Company for thirty years or more because of the extraordinary service they receive and the integrity of the firm.

    Randy Garcia has been named the #1 Financial Advisor in Nevada for eight consecutive years by Barrons and the Wall Street Journal.  In 2019 and 2020 he was ranked as one of the Top 100 Independent Financial Advisors in the nation. Check it out on the ICC website:    I recommend that anyone who is looking for a financial advisor call ICC for a meeting with Randy to see for themselves what exceptional service they will receive.

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