Cult Wines Avis 

I just viewed the developing analytic tools for evaluating the pricing, rating, and liquidity of the large database of wines. I believe that these tools will allow for the optimization of investment decisions and their timing.
Kudos to the Cult Wine team.

Recently open my account and I am very satisfied with the level of explanation and service I’ve received so far.
It is a great strategy for diversifying my investments and learn something new.

It's cool, I like the way they make all the decisions and make the investment look easy.
I've been with them for a 3 years now and I'm happy with their service.

A fantastic way to create and grow a wine investment portfolio with various metrics to track your profitability. Access to often very hard to obtain wines.

I had a batch of wine that was struggling to sell but the manager took this on board personally, found the appropriate buyer and has arranged for the remittance to be sent on expeditiously.
Their communication was clear, friendly, accurate, and knowledgeable.

We decided to explore investing in wine during Covid knowing very little about wine or wine investing. Almost 5 years on, we’ve gained in knowledge, met some great people and the returns have been good.

Having been a client since 2014 I recently experienced some difficulties in adjusting to the new portal and understanding a new fee structure. My account manager was extremely helpful at this time. Overall I find the company professional, knowledgeable and informative both during upswings and downturns in the market.

Helped me rebuild confidence in wine investing after a bad experience with another firm. Provide plenty of useful information; listen to customers' requests; no hard sell.

Loving the new portal.Helpful team and some superb investments so far!

Extremely knowledgeable staff with great access to sought after vintages and very responsive

Really impressed with Cult Wines. Great investor care- all the way from making investment recommendations, managing portfolio and then facilitating exit at the right time. Have reinvested all returns up to this point- have great confidence in Cult’s ability to deliver returns.

As someone who has built up a substantial wine collection over the years, I recently decided it was time to explore options for selling some of my bottles. After meeting Cult Wines at a tasting event, I reached out to see if they could assist me in this process.

I was impressed by the professionalism and efficiency of the team at Cult Wines. Unlike dealing with traditional brokers, the process of selling my wines was remarkably streamlined and hassle-free. The team guided me through every step of the process with transparency and clarity, ensuring that I understood exactly what to expect.

What stood out to me was the level of communication and support provided throughout the entire transaction. I always felt well-informed about the progress of the sale, and any questions or concerns I had were addressed promptly and comprehensively.

Overall, my experience dealing with Cult Wines was positive and I’d recommend their services to anyone considering selling their wine collection.

A truly innovative company bringing a fresh perspective to investing in fine wine. They take the view that purchasing fine wine is similar to investing in the stockmarket and they apply the same analytical rigour to their data driven approach. Investment portfolio proposals are based on amount to invest, timeline for return and level of acceptable risk. They combine this with a high level of internal expertise and knowledge of the global wine market and purchase and drinking trends. The results are there to see as I have personally benefited from returns that are higher than my own expectations, even during down times. In my view, a smart alternative for the shrewd and canny investor, plus the benefits are tax free in some jurisdictions!

Great service and good performance. I really enjoyed meeting my relationship manager and tasting some wines from the portfolio at the London office.

Oh dear, reading the reviews, it is clear I am not the only one who has been totally hoodwinked by this business. It's amazing how quickly this business has gone downhill.

First, I've been invested since August 2018 with Sam Mudie, who was extremely professional in all our dealings. It's now 5+ years, and the total portfolio has barely kept up with inflation. With the performance of the wine market in the last 5 years, these guys could have thrown a dart at the wine market and made money, but I must be unlucky - the portfolio is up a total of 12%?! Lol, parking it in cash almost would have returned better.

Second, now, to make up for that awful performance, they've done their 2nd changing of the goalpost in as many years and raised the fees again. Great way to reward your loyal customers!

Third, their service used to be professional. Now, it's non-existent. Multiple account managers have come and gone and from 2023 they don't even provide an account manager. For 2% management fees p.a. you would expect a certain level of extra service to justify those hedge fund like fees, right? Nope.

Fourth, I am worried about the liquidation of the portfolio. I sold a few parcels of wine, and it took nearly 6 months to get my money back - that's just a few thousand - imagine the whole portfolio. When you do get to sell, welcome to the pain - there is no update on when the wines will sell, when you will receive the funds etc.

What a great way to run a good business into the ground. Well done guys.

I've been invested with Cult since 2011 and paid a 'lifetime' upfront fee of about 10% to cover their costs/commission. At some point and without, as far as I recall, consulting me, the fee arrangement was changed to an annual percentage in addition to the fee already paid. Ho Hum. Last year I decided to invest my funds elsewhere and instructed liquidation of my portfolio. After about 8 months I'm still waiting.... Interesting that almost all of the good reviews are from people who have money invested with Cult - their results always looked good - and all the bad reviews are from peaple who have tried to get money out! Should tell you something.

Absolutely dreadful experience. I can only echo the myriad of 1 star reviews below regarding delayed return of funds. I sold a portion of wines in June, it’s now December and I am still waiting …

A variety of responses and excuses (punctuated by weeks of silence). It has now come the time that unfortunately I will need to pursue legal action unless I get a satisfactory outcome / proposal this week.

A real sorry state of affairs.

I’ve been investing in wine for several years now and have used multiple brokers, I came on board with Cult Wines 5 years ago and can say they are the most sophisticated in terms of market analysis and service. It’s been a subdued year for the market and Cult Wines has kept me a breadth with conditions and presented some great opportunities. Compared with other brokers they have been proactive and traded my wines; therefore, I’ve decided to consolidate my holdings with them.

Total rip off. I invested $10k over five years ago and paid my fees up from which at the time was around 10%. They changed their fee structure and now want to charge extra 2% per year. The value of my wines has only gone up to around $13k in all that time. I need to sell because I lost income from work and they charge another 5-10% per sale which would be fine but nothing sold in months. My account manager has not been responsive. At this point I am very skeptical of getting any part of my investment back.

We've been dealing with Cult Wines for a number of years and have always been pleased with the wines we've bought and traded while also enjoying our communications with their team.