Oak Smart – Unregistered financial service provider (ratonga ahumoni rēhita kore), suspicious investment (haumi ohiti)

The FMA has been made aware of online webinars hosted by Oak Smart promoters in New Zealand. Oak Smart is not registered on the Financial Service Providers Register to provide financial services in New Zealand.

Oak Smart offers managed cryptocurrency and stock investment portfolios. The investment portfolios offered by Oak Smart are complex investment products which carry a high degree of risk. Its website creates the misleading impression that returns from these investment products are stable and guaranteed. 

Oak Smart also promises unrealistically high returns for its investment products, which are unlikely to be achievable by most investors. 

We recommend caution when dealing with Oak Smart or anyone promoting its products or services. Unless you have extensive experience in investing, we recommend you seek advice from a licensed financial adviser before making significant investment decisions.

WEBSITE: Oaksmart.com
EMAIL: [email protected]