No. of Recommendations: 0
I can't speak for the way AMEX works, but I know when I worked for PaineWebber several years ago, they encouraged us to use "house" funds. In fact, if my memory serves, we received a higher payout for using our own funds.

Since AMEX has their own funds, I would be wary if they are recommended. Take the funds that the salesperson recommends and run them through Morningstar to see just how good they are compared to their peers.

The real question though, is why are your going with American Express? There seems to be so many other better alternatives out there.

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