Premiere Asset Management (US European & Asian) has been flagged by ASIC (Australia) for "Unlicensed (Legacy)". Phones: 1 (617) 861-3992, 1 (617) 517-0299, 351 21 145 1048, fax 351 21 145 1049, 65 6828 9964
Addresses: Faneuil Hall Marketplace Financial District Boston MA 02109-1650 USA; Rua Tomas de Fonseca Torre G 1600 Lisbon Portugal; Temasek Boulevard #18-00 Suntec Tower Five 038987 Singapore This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: www.premiereassetmanagement.com.
The only good thing about Premiere Asset Management (US European & Asian) is that they remind you why regulation matters. I found them after a family member had a good experience. They are regulated in a jurisdiction with weak consumer protection. When things went wrong I had nowhere to turn. Stick to well-regulated brokers.
Pros: Fast deposits|Multi-device support
Cons: Live chat only during business hours
Premiere Asset Management (US European & Asian) had an outage that lasted several hours during a major market event. Not only did they fail to prevent it, but they also failed to communicate what was happening. We were left in the dark while our investments were at risk.
Pros: Helpful community forum|Stable platform|Economic calendar
Cons: Withdrawal takes 1-2 business days|Mobile app could be improved
I found Premiere Asset Management (US European & Asian) through a financial advisor and the initial impression was positive. But for just over a year later, I have encountered so many issues that I cannot recommend them. Trades failing, charts not loading, and support tickets going unanswered for days at a time.
Pros: Comprehensive tools|Dividend tracking|Portfolio tracking tools|Detailed reporting
Cons: Search feature is basic|Alert system is basic
KYC with Premiere Asset Management (US European & Asian) is a nightmare. I submitted my ID and proof of address. They rejected it and asked for a utility bill. I sent it. They asked for a bank statement. Then they asked for a selfie with the ID. Then they said the selfie did not match. I gave up.
Pros: Regular platform improvements|Educational resources|Low minimum deposit
Cons: Desktop app not available on Linux|No live chat on mobile
The reporting at Premiere Asset Management (US European & Asian) is laughably bad. Tax documents are inaccurate, transaction histories have gaps, and trying to export data for your accountant is a nightmare. For a financial platform, getting the numbers right should be the bare minimum.
Pros: Smooth onboarding|Social trading features|Great customer service
Cons: Limited cryptocurrency options
Premiere Asset Management (US European & Asian) has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Dividend tracking|Smooth onboarding
Cons: No live chat on mobile|No integrated tax optimization
I gave Premiere Asset Management (US European & Asian) a fair chance. After for a couple of months now of usage, I can say with confidence that there are far better options available. The interface is clunky, the fees are higher than competitors, and the customer support team seems overwhelmed or understaffed.
Pros: Clean UI|Detailed reporting|Competitive fees
Cons: No dark mode on mobile|Limited social trading features
If you are reading this considering Premiere Asset Management (US European & Asian) - run. I wish I had read more negative reviews while looking for alternatives to my previous provider. I thought the positive ones were real. Maybe some are. My experience over since I retired last year has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Multiple order types|Responsive team
Cons: Onboarding videos are outdated
I closed a profitable position at Premiere Asset Management (US European & Asian) and the profit was not credited for 5 days. Support said it was a settlement delay. When it finally arrived it was less than the amount shown on the platform. They could not explain the difference. I have moved my account.
Pros: Easy to use platform|Competitive fees|Good mobile app|Fast execution
Cons: Website design could be more modern
My withdrawal from Premiere Asset Management (US European & Asian) was rejected three times for vague reasons. Each time they asked for more documents. When I finally provided everything, they said my account was under review. for over three years of being strung along.
Pros: High security standards|No hidden fees|Full transparency|Tax reports included
Cons: No phone support on weekends|Withdrawal takes 1-2 business days