2124252670

DAMN i;m getting so discourage i have been researching to get a license 7sponsorship but lal these brokers seem like scams  , are there any legitimates out  there?

I fell for it, but ony put in 500 in a company called lasercard, think it was at 6 at the time so not great since.
Looking at what has occurred over the last year, this company, or should I say the youngsters that run it are the cause of all this toxic debt and failing banks, we know whay, they have no experiance and are not playing with there money.

I got a phone call from this number... at home, which is in Panama City, Rep. of Panama.

Thanks guys I was just about to invest with them, and just did a search on E1 to get more info and found out this forum, have any of you invested? The stock they suggested to me was LCRD which in fact has been gong up since they called me on 19th of Sept.

Any feedback from anyone will be appreciated.

I cant believe they still pitch that horrible stock. Theres' a group in that firm that only buys that stock for all there clients, why?

well lack of education, they memorize the pitch. and sell it to every living soul with no type of pricing targets or good entry points.

Also lcrd has very weak volume so the group can move the stock.

CHRIS TOMOLONIS is the leader of the group.
best term to define him is       Trailer Trash

I agree with Elise, every word is spot on.

Breakdown:

-RON Y. ITIN President / Chairman; Made money during the 90's bubble. After crushing all his clients, he and partner SONNY SHAIKH founder of E1 Asset Management Inc.
 
-MICHAEL SCHIAVONE - Executive Vice President; Good kid but under the under the wrong Ron Itin influence.
          Note to Mike: 75% payout is normal on wall st now-in-days you have too much talent to be there.

-JAE KIM - Executive Vice President; Trades stocks as if he was playing a video game. Never ever made money for a client.
           Note to Jae: Stay there you have no shot on the street.
         
-SUNNY RAJAN Vice President / Managing Director; same MO as mike, Good kid but under the under the wrong Ron Itin influence.
           Note to Sunny: 75% payout is normal on wall st now-in-days you have too much talent to be there.

-CHRIS TOMOLONIS Vice President; Trailer trash
          Note to Chris: Stay there you have no shot on the street.

SHAUN GRIMALDI Vice President / Managing Director. same MO as mike and sonny, Good kid but under the under the wrong Ron Itin influence.
          Note to Shaun: 75% payout is normal on wall st now-in-days you have too much talent to be there.

All in all E1 Asset Management is a place that if a client would to walk in he or she would Vomit.
E1 lacks intelligence, guidance & clean carpets.

LCRD is a relic.  It's been down year over year the past decade and the company isn't improving.  Also, the average volume on that stock per day, according to Google Finance, is 51,000.  If you were to buy 5000 shares or so you'd move the stock in a matter of minutes.

A lot of these independent borderline boiler room shops have been having trouble since '08.  All the owners have to do is decide they don't want to play the game anymore and they close up shop.

This is the worst company I have ever heard of in my entire life!!!! You can never get a hold of any of the brokers, managers, or owners for that matter! They so not care about their clients they just like to take your money and charge you commission every time even when they lose you 100's and thousands of dollars as long as they get their commission they are happy. When you tell them you want to close your account they try and have somebody cAll you and lie. If you know what is good for you do not invest with them. They have changed their name from everest to e 1 and could not keep an office opened in new York besides their wall street location and north Carolina and it is a matter of time before they lose their supposed DC office!!!!!

Agree with all of comments on the president(s) and then some more. Disagree with praise of Michael Schiavone. I think he was and is by far the most overrated overlooked employee that firm has. Overlooked in the sense of gets more credit than he deserves and people are blinded and cant see past his lack of talent and knowledge of the industry. 90% of the accounts he ever had were handed down to him by the owners, or stolen from the brokers that worked under him. As do most of the managing directors. if he and the rest of the managers that get praise for their "work" are so good at what they do why do none of them have more than 3 million dollars in assets and none have ever been over 7 mil, pathetic if you have been in industry for more than 5 yrs and are the top producing employee you should have no less than 40 mil in assets that you are managing. People laugh and would laugh so hard for years if they heard the little money this firm and managers are handling. Real brokers at real firms in the industry can get the little change these people brag about in an hour. Cant wait to see how long it takes before they call it quits w/this firm!

you need to  call regulators in the USA. threat them that you will call your local TV station and the congress office. regulators in the USA can bring your money back as well as any lost investment

AS AN EMPLOYEE THEY ARE BAD BUSINESS.   THAT IS TERMINATED IN TWO DAYS.   A TERRIFIC BEGINNING WENT INTO HORROR.   A MANAGER NAMED TERRY TARIQ IN ARABIC IS THE EVIL LURKING ON WALL STREET.    THE SKILLS ARE IN ME BUT THEY HAVE NOT PICTURISQUE THE LARGER REVENUE I CAN BRING.   HOW UPSETTING THE JOB WAS ENDED.    THE PAKISTANI PROPRIETOR IS A NO TRUST PERSON.

AS AN EMPLOYEE THEY ARE BAD BUSINESS.   THAT IS TERMINATED IN TWO DAYS.   A TERRIFIC BEGINNING WENT INTO HORROR.   A MANAGER NAMED TERRY TARIQ IN ARABIC IS THE EVIL LURKING ON WALL STREET.    THE SKILLS ARE IN ME BUT THEY HAVE NOT PICTURISQUE THE LARGER REVENUE I CAN BRING.   HOW UPSETTING THE JOB WAS ENDED.    THE PAKISTANI PROPRIETOR IS A NO TRUST PERSON.     $8 A HOUR AT 6 HOURS A DAY FOR 5 DAYS EACH WEEK.

Well, I feel more foolish than most  on here. I have invested approx £40 k
with E1 , I have to admit I fell for the silver tongue of Sonny Rajan. I have paid out a lot in charges and commissions, some times almost as much as the increase in my account. Recently  I complained bitterly to both senior
partners, so much so that they repaid me approx  $3500 and agreed not to charge me for the for seeable future, my account is now "looked after" by C.Tomolonis. They have bought and sold many shares on my behalf, most of which faired pretty poorly. It was recomended that I re-purchase LaserCard and for once it actualy was a good move. I made $10 k overnight when LaserCard was bought out.  One of the first shares I held was Apple , if I still held them today my account would be worth £87,500 and not the £20,350 which it currently stands at. It seems that the object of the excercise is not to make the client money but rather, to make them as much in fees and commissions  as possible.
PLEASE STAY AWAY !!

Once a dominant firm with top producers and prominent traders, E1 Assets Management is quickly turning into a sinking ship that may not survive through this industry downturn.

All can be blamed on the lack of leadership and discipline at the top.

ginger if you think that sunny traded your account unfairly then report him to finra for churning. He will get fined and if you win you get your money back plus damages. Sunny already has a few arbitrations anyway.

This company is not as "high end" as they say they are. If they call you ask to see credentials because 90% of those people never went to college and will ruin your around. I speak from experienece they will lose your money!! Be careful I worked there and left due to scams

Still with ICRC !!!!!!??? They have always he'd that garbage

Pitched my apologies

Unfortunately nobody from E1 Asset Management can reply to any of these accusations due to industry regulations.

Not only that, E1 fires a lot of people.  They have a hire slow, fire fast mentality (many not on Wall Street may not understand that jargon) but there are just way too many ex-E1 employees out there who were not able to make it on Wall Street.  In my rough estimation, about 1 out of 5 on Wall Street has been a ex-employee at E1 and couldn't cut the mustard.  Thus, people reading this must take everything with a grain of salt.

Of course, the investing style employed at E1 may not be for everyone and just because you disagree with their operations doesn't mean that E1 doesn't serve an important investing function for many out there.

Sounds like you're an employee of E1.  I didn't realize that Robin Hood in reverse was an important investing function!