Vinovest

9900 Culver Blvd, 90232, Culver City, United States
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2.85
Based on 20 Reviews

5

30.00%

4

10.00%

3

15.00%

2

5.00%

1

40.00%
About Vinovest

With 13.6% annualized returns over the past 15 years, the fine wine market has outperformed most global equities and is less volatile than real estate or gold.

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Seetharaman D
IN

Your user friendly app is really… Your user friendly app is really awesome. Fund transfer is easy and promptly acknowledged too. I wish Vinovest will continue to play an active role in enhancing small time investors like me.I take this opportunity to wish Mr Anthony Zhang and his team a very HAPPY NEW YEAR.

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Barek Webb
GB

Passively investing in wine interests… Passively investing in wine interests me greatly. I am not very knowledgeable about wine and which wines to buy. Vinovest has allowed me to build a small portfolio of wines. I will say that the fees do add up, especially if your portfolio is below a certain amount. For someone with a longer investing horizon having and buying wines into a portfolio is a good way to protect capital and grow it.

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Ricardo Gonzalez
GB

Vinovest is a Scam! Vinovest is a Scam! Expected ROI and what they sell you are far from reality. I decided to liquidate my investment and pay the monthly fee due, and overall, I was already negative. It’s been since June, and they have not returned the money I invested with them. Thankfully I did not start big as I wanted to test it out. There are far more reputable options like Fundraise, let's, or alternative investments to diversify your portfolio. This company is a hoax.

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MARK FIEBERT Fiebert
GB

The worst customer support All managed wine in my account was selected by Vinovest. The value of this wine was significantly below the value posted by Vinovest on my statements. I tried to sell the wine on their account (sold most of it at a significant loss). Although I've asked Vinovest to forward all cash in my account to me, they failed to do so. When I complained (via email), the value of my account went to zero (and showed no activity to bring it to zero) and no funds have been remitted to me. I've sent several emails to customer support and senior executives but have not received any responses or acknowledgements to any communication.

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Dave
GB

Get Out While You Can I first opened my Vinovest account in August of 2020 with ~$5,000 in deposits. About a month ago, I decided to add another $5,000 to my existing Vinovest account in order to expand my wine portfolio. Three weeks later, Vinovest moved the money out of my wine account and used it to buy Whiskey investments without my knowledge or consent. I had not made any investments in Whiskey prior to this and had no intention of doing so. I sent three messages to Vinovest customer support asking that this transaction be reversed but have not heard anything from the company in weeks. I am now trying to liquidate all assets I have with Vinovest and have discovered that there is no option on their site to sell the whiskey they purchased with my money. My wine portfolio has now been listed for sale but the estimated value of the wines (in my portfolio for the past 3.5 years) somehow mysteriously dropped within an hour of listing them for sale. It remains to be seen if I will ever get any money back from this company...And wouldn't you know it, Vinovest has no posted phone number to reach out to when multiple messages are ignored. If you haven't given your money to this predatory company yet, don't.

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