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No. of Recommendations: 1
I once had an IRA with American Express. Luckily, I escaped after becoming educated to the fact that noload funds can be better for me than the Front end & back end loaded AmEx IDS fund. The thing that provided the impetus for me was the hard, hard sell they put on to get me to buy a variable annuity from them inside my IRA.

The only people whose interest they serve is American Express and the self interest of the sales person. They are not serving your best interest.

The experience cost me some load fees but I consider myself lucky to have gotten away cheap.

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