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Subject:  Any reason to keep my financial advisor? Date:  3/2/2012  12:57 AM
Author:  CitizenH Number:  70260 of 78168


About a year ago I seeked help from a Financial Advisor. A friend recommended Ameriprise to me and now part of my assets are under this guys control.

The reason I went with this approach is so that I can focus on other things in life but after a year of working with them the following things bug me:

- $1200 yearly fee
- $1,25% in fees for money under their control
- $1.15% fees for funds (apparently front load fees are not paid for by me)
- Constant pushing of Ameriprise products (Life Insurance, Disability Insurance)
- Request to sell pretty much all my stocks that I have with Scottrade and move over to Ameriprise
- Even if I would go with all the products they push... there is no pac