Palm Alliance Management is promoted as an online asset manager with alternative finance avenues for likely investors. Hopefully, this translates to a meaningful prelude to a good and reliable business. But sadly, not so.
Every section on the drop-down menu (ref. the official website) seems to repeat the same vagueness without getting down to the actual business run by the company.
If you wish to understand what the company does, though, here is a brief overview.
Citing its purview of operations run from twenty (20) cities that span fifteen (15) countries, Palm Alliance Management claims to manage varied assets like private equity, fixed income, hedge fund, and — generally — equity.
It also claims to have investors all over the world.
On a closer look, though, the practical business offering from the site seems to be affiliate/membership coupons. As a member, you get to invite other people into the platform, which in turn earns you some points on the reward cycle grid (a payment lattice preferred in the affiliate niche).
So, the whole cliché built around financial alternative investments, business savvy advisors, or the so-called hedge funds all wind down to affiliate marketing. This time, the members don’t get to sell any actual product.
Any kind of offering in the investment bracket that includes equity, fixed income (whether management or disparate advising), or hedge is liable to due regulation by the SEC unless the provider is operating illegally.
How does Palm Alliance Management hold up to the above criteria? Let’s find out in the following sections.
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Palm Alliance Management Affiliate Compensation | How it Works
As we mentioned previously, the thrift of the Palm Alliance Management About Us page seems to be hinged on the affiliate aspect. For newbies to the whole referral system, here is a breakdown of how it typically works.
Usually, a company — just like Palm Alliance Management — offers a payment scheme to members, depending on the tiered affiliate level they get on. The scheme is bonus-weighted, meaning that the affiliate gets more rewards for accumulating larger referrals in his downlines.
If you get on this scheme, you can expect to withdraw your earnings, which are usually in a specified currency such as fiat or an in-platform crypto token. Withdrawals are fixed at the end of a specific cycle.
As regards the cycle or scheme, it depends on the preferences of the company running the affiliate program at the time. Some brands use more than one option, such as unilevel, binary matrix, or any other variation.
Apparently, Palm Alliance Management goes with the Unilevel grid, which it uses to work out the affiliate reward scheme.
Below is what the compensation grid for members looks like.
Affiliate Compensation Grid
To get on this grid — which determines your ROIs on fixed periods —, you will have to subscribe to a membership package. Each of these packages is structured according to the entry amount.
Palm Alliance Management Membership costs $100 at least!
So, here is how it works.
The plans that are valid for a six-months period are usually offered as locked investments, implying that withdrawals are only possible after the validity period.
Moreover, Palm Alliance Management members get to enter an investment tier by paying the threshold subscription in cryptocurrency.
1.58% per week — payment is supported for up to six (6) months on a prior $1000000 investment
1.53-1.55% per week — payment is supported every trading day for up to six (6) months on a prior $1000000 investment
1.18% per week — payment is supported for up to six (6) months on a prior $300000 investment
1.13%-1.15% per week — payment is supported for up to six (6) months on a prior $300000 investment
2.8% per week — payment is supported for up to six (6) months on a $100000 investment
2.13%-2.53% per week — payment is supported for up to eight (8) months on $100000 investment
1.63% per week — payment is supported for up to six (6) months on a prior $50000 investment
1.53%-1.55% per week — payment is supported for up to eight (8) months on a prior $50000 investment
1.03-1.05% per week — payment is supported for up to ten (10) months on a prior $10000 investment
1.12% per week — payment is supported for up to six (6) months on a prior $10000 investment
0.83%-0.85% per week — payment is supported for up to ten (10) months on a prior $100 investment
0.9% per week — payment is supported for up to six (6) months on a prior $100 investment.
Supposedly, the percentage ROIs paid through this scheme is derived from backend investment in the basket of assets managed by Palm Alliance Management. We will get to this point in our conclusion.
Apart from the compensation grid, Palm Alliance Management pays out referral bonuses, which are calculable from a unilevel grid. In this case, the relevant pay levels are 1, 2, and 3. After the third level, the cycle reverts back to the start.
Referral Unilevels | How It Works
A unilevel grid places an affiliate in the top position. The affiliate’s downlines are entered in the lower levels, starting with the directly-recruited members down.
Level 2 referrals are entered similarly in one level lower than level 1. If an affiliate in the top position recruits members — there is no limit on the number of people —, the new members are placed in level 1. The same sequence is repeated for each of the affiliate’s level 1 member, yielding level 2.
By keeping the branching sequence, a referral unilevel steadily grows into a lattice, with each notch representing an entry. Regardless, only the first three (3) levels are valid for referral commissions.
Moreover, Palm Alliance Management affiliates can expect the following percentage ROIs from each of the three levels.
2.5% Returns for Level 3
5% Returns for Level 2
10% Returns for Level 1.
And now comes the pressing issue about the platform: Is Palm Alliance Management Legit? See the conclusion below for details.
Conclusion: Is Palm Alliance Management Legit or Scam?
Most people tend to go with any passive earning opportunity online without considering the risks to their investments. The same thing happens in this case.
However, merely listing the sorts of businesses run by a company does not imply that the product cache is legally offered, even if they sound high-profile and techy.
Also, citing hedge funds and equities as assets managed by its offices without providing corresponding SEC regulations makes Palm Alliance Management an affiliate bait — at best. So, there ought to be adequate, verifiable regulatory premises for the sort of backend business run by Palm Alliance Management.
Until the company provides this crucial detail, it doesn’t get full ticks on any legitimacy scorecard. Invest wisely!