• Report: #298273

Complaint Review: Generational Equity | Ripoff Report Verified Safe™ ..businesses you can trust. Past & current approach of GW Equity to business is focused on providing the highest industry standards for mergers & acquisitions.

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  • Submitted: Tue, January 08, 2008
  • Updated: Sat, September 14, 2013

  • Reported By:Dallas Texas
Generational Equity | Ripoff Report Verified Safe™ ..businesses you can trust. Past & current approach of GW Equity to business is focused on providing the highest industry standards for mergers & acquisitions.
14241 Dallas Parkway Dallas, Texas United States of America

Gw Equity REVIEW GW Equity; Claims about Company are False, all reports were filed by ex-employees, some are now competitors. Rip-off Report found GW Equity is committed to total customer satisfaction. Past & current approach of GW Equity to business is focused on providing the highest industry standards for mergers & acquisitions. Dallas Texas, Nationwide


*UPDATE: GW Equity commits to Rip-off Report Corporate Advocacy, Business Remediation and Customer Satisfaction Program. A program that benefits the consumer, assures them of complete satisfaction and confidence when doing business with a member business.

*Consumer Comment: Here they go again-GW Equity, Generational Wealth, Transition Companies, The Transition Companies-more Dallas Companies with the same players

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SPECIAL UPDATE: September 14 2013: GW Equity remains committed to increased customer satisfaction and has improved their business practices over the years to better serve their customers. GW Equity is truly dedicated to making sure their customers are satisfied and that any complaints which do arise are addressed promptly and fairly.

To date, GW Equity has made good faith efforts to resolve all complaints reported on Rip-off Report. Based on our experience, the member business has proven to be among the top members of the Rip-off Report Corporate Advocacy Business Remediation and Customer Satisfaction Program as a Verified Safe Business.

Over time and since becoming a member, GW Equity has remained actively engaged and improving the way they address customer service complaints. As an active and current member of the Rip-off Report Corporate Advocacy Business Remediation and Customer Satisfaction Program we are happy to report that now more than ever GW Equity remains committed to improving customer satisfaction. [continued below]....

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Remember, no company or individual can ever satisfy 100% of the people 100% of the time. There are no products or services that will always be perfect for everyone and even the best companies will receive complaints from time to time. However, by participating in the Corporate Advocacy Program, the member business has made a commitment to working with its customers to resolve complaints quickly and fairly whenever possible.

Please keep in mind that as a consumer you have some responsibilities as well. Success has many definitions that based on your past experiences, current situation and your perceived expectations. Success with any product or service is always based on the proper application and understanding. The fastest car will not run if you never turn the engine on. Look at how you used the product or service that was provided in relation with the instructions that you received. The Corporate Advocacy Business Remediation and Customer Satisfaction Program will help you get your voice heard but please be prepared with documentation and fair representation of your concern, also have an idea of how the company can fix your concern. Can they offer additional services, extend warranties, offer a fair refund or just get you talking with someone that can help. ..let them know and let us know!

*Any consumer not receiving satisfaction from a member of the Corporate Advocacy Program should email us at editor@ripoffreport.com
 GW Equity is Rip-off Report Verified

Ripoff Report REVIEW:

Editors UPDATE: Positive Rating and Recognition has been given to GW Equity for its Commitment to Excellence in customer service.

Rip-off Reports investigation of GW Equity uncovers an ongoing commitment to total client satisfaction. This means that clients can expect the company will always work towards finding a mutually satisfactory resolution to any complaints or concerns. GW Equity listens carefully to client concerns and views them as an opportunity to learn from past experiences and become more efficient as a company.

In spite of the false Reports posted by ex-employees, GW Equity recognizes the need to provide for receptive and open communication with its clients. GW Equity strives to be proactive and avoid potential issues with its clients. To this end, GW Equity has streamlined its customer service department and added new processes in an attempt to identify and resolve issues that arise with its clients more quickly.

Because of our investigation and the sincere efforts put forth by GW Equity, LLC, Rip-off Report is is confident in giving GW Equity, LLC a positive rating. GW Equity is committed to making the strategic changes to its customer service department that are necessary to reach its goal of achieving total customer satisfaction through excellent service. GW Equity expects that this goal will be achieved by taking good care of its clients.

GW Equity understands that in order to grow as a company it must reflect on any past shortcomings and work to remedy those in the future. GW Equity has allocated necessary resources to work through these and is determined to emerge a stronger organization and create value for its clients.

In spite of all such situations, Rip-off Report is confident you have a company that is ready to serve those who need more assistance and is willing to make things right if they seem to have fallen apart.

In summary, after our investigation, which included discussions with GW Equity, Rip-off Report is convinced that the company has been and is committed to quality delivery of services resulting in total client satisfaction.

NOTE: In 2009 GW Equity rebranded their name to Generational Equity, LLC. Although rebranding is not uncommon in the financial industry, the company felt like for sake of clarity and ease-of-use, that Generational Equity is a more appropriate corporate moniker. With a new emphasis on exit strategies, as well as financial evaluations and merger and acquisitions advisory services this brand is more descriptive of their new strategies for low to middle market private companies.

We used to use initials, but initials didnt register with prospective clients, explained Tom, an Executive Vice President of Generational Equity. Then we decided to write everything out, but our name was too much for clients to get to our website. Generational Equity represents exactly the right balance for our clients. GW Equity is still in operation, however, Generational Equity better represents our goal of expediting the transfer of generational wealth and equity that is in every business for the highest and best use of each business owner.

Whatever name they use, this is truly a company we feel that can be trusted by any business.. Rip-off Report personally met with the owners and top executives of the company, and we know after a long Investigation on the company, we feel they received a bad rap for nothing.

Read more about GW Equitys Commitment to Excellence and Total Consumer Satisfaction and why consumers should feel safe, confident and secure when doing business with a member of Rip-off Report's Corporate Advocacy Business Remediation & Customer Satisfaction Program. ..yes, a long name for a program that does a lot for both consumers and businesses alike.

Read about Rip-off Report Corporate Advocacy Business Remediation & Customer Satisfaction Program,..A program that benefits the consumer, assures them of complete satisfaction and confidence when doing business with a member business. this program works.

===================== NOW TO THE ORIGINAL REPORT THAT WAS FILED

=====================

//

Generational Wealth Equity - GW Equity Generational Wealth Equity Is Really GW Equity Same Company Same Scam "Here they go again" They are changing their name to stay in business Dallas Texas

Generational wealth and Equity is GW Equity. Let's face the facts this company continues to adjust and hide from the truth. They will do everything to place blame and never and I mean never take ownership. Look at their corporate profile, in particular Marte Phillips is really Marte Tilton google her name. Her is the question, any business which will makes their director of HR the same women who knowingly scammed millions of people all over the world out of millions of dollars in the name of Jesus Christ knows what they are doing also what does that say about their culture. One might ask about my creditability in what I am posting.

I was a c-level executive for them for years more then four and I know how they work from A to Z. There is something to say for a company, which will employee a known scam artist in their executive counsel. Why because they are in the game of scamming. If you were to google GW Equity and please do you will find money, time and resources spent in filing suits against what they call slandering ex-employees instead of investment in selling companies which they were contracted to do so. Here is the question, which every potential client should ask, why is there so much bad press in a company, which taught their number one?

Lets face it does Leam Brothers have bad press? Does Jones day have bad press? Does KKR have bad press? the answer to this question is no in fact Thompson Financial does not endorse GW Equity or their new name as number one. If GW Equity is number one then why did they change their name or is Genwealth number one or are they full of it. The reason why you don't see bad press on the previous stated companies is each one of these companies really sells and has a level of discretion in regards to who they do business with.

Here is the fact, if you aren't doing 1mil in EBIDTA don't listen to a word these novices have to say. There is nothing they can do except laugh at you unless you have OCF (Owners Cash Flow) of the stated. They will sell you smoke an mirrors to get you to pay an upfront fee of 30-40 thousand for nothing. When you receive the call buyer interest hang-up, why? They don't have active buyers in which they have a history nor a relationship with. The way they try to discredit Gene Sartin and Dickson Woodard as disgruntled employees is not true.

They paid them off to say they made this up. I know Gene Sartin personally and he told me to this day it was a way to get the money he wanted and all he cared about was the money. He will tell you everything they wrote in the Dallas morning news article, titled "Business Broker Embroiled In Legal Battles" is ONE HUNDREAD Percent true. The only reason he agreed to say he made this up is to receive the monthly pay out to keep him quite. Private middle market owners I am speaking to you on behalf of you and for the years of goodwill, sweat equity, sacrifice you have given to your business. That will never be converted into cash with this company except for the check you write under false hope and expectations.

My fellow peers we owe it to each other to watch out for one another and to exposure those who have never and will never understand the true American Dream. Until later I bid you all success and by the way the only money transferring in GW Equity or Generational Wealth and Equity is between John and Ryan Binkley BB&J and all the various tax shelters DR.? John Binkley contributes to in the US and all over this nation. Why is he not on the corporate website? Because exposure is damaging! We owe it to ourselves not to allow companies like this to extort and ruin the American dream because they are good at scamming and we are good at developing products which drive the national GDP.

Gene Dallas, Texas
U.S.A.


This report was posted on Ripoff Report on 01/08/2008 09:04 PM and is a permanent record located here: http://www.ripoffreport.com/r/Generational-Equity-Ripoff-Report-Verified-Safe-businesses-you-can-trust-Past-current-approach-of-GW-Equity-to-business-is-focused-on-providing-the-highest-industry-standards-for-mergers-acquisitions-/Dallas-Texas-75254/Gw-Equity-REVIEW-GW-Equity-Claims-about-Company-are-False-all-reports-were-filed-by-ex-e-298273. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report.

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#1 Consumer Comment

Here they go again-GW Equity, Generational Wealth, Transition Companies, The Transition Companies-more Dallas Companies with the same players

AUTHOR: Anonymous - (U.S.A.)

I have read your report from almost year ago just recently. It appears that there are more Dallas based companies that may be related to your article and most probably to each other. I notice you talk about Gene Sartin. Gene Sartin, if I have read correctly on the internet research was a former VP at GW Equity, for many years. He left, made some bad statements, has been accused of accepting money to keep his mouth shut and now has resurfaced in the same building where GW Equity began. And low and behold, he is in the same business- exit strategy-experts in the sale of privately held companies.

What is it about the water in Texas- or is it the koolaid? This company, The Transition Companies, seems to have been Succel/MSTS, Main Street Transitions Solutions, Transition Companies and most lately- The Transition Companies. All within the past 8 months. I checked and found they are proud members of the BBB in greater Dallas. Remarkable, you have to be in business for more than a year. They just joined apparently, and have relied on a former entity for being in business for more than one year. Since Gene Sartin was just leaving GW Equities, I guess the companies must be related. How else could they have been in business for more than a year, if they were just formed in October. Their site indicates they are experts in the sale of privately held companies. Expert in business for two months. Their site talks about recent sales of companies- interesting how a new company cold claim this. Just when were the sales. It sure seems like Gene Sartin has surfaced with a new GW Equity group and has many of the same members as before. Just what is it that this group will do differently. They have the same people with the same past and are in the same business- you be the judge.
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