No. of Recommendations: 0
Wonderful, thanks for the info. Yes, I know I won't recover money due to market fluctuations, but I am concerned about the fees and the fact she appears to have taken two thirds of my gains. I am very sure that she did not disclose to me any fees early on. I just opened the account, gave her a check, and a few days later, she sent me a statement listing the funds she bought for me and the balance which was about 4% down. The statement gave only information on the balance and the funds, nothing else in terms of fees, apart from the annual fee for the brokerage, not the broker. Nothing on her compensation. I did read all her statements and, naturally, before doing anything, I will go over all the literature and correspondence that I keep in a neatly organized folder. :)

Whether anyone will read my recorded complaint is up to them. And even partial recovery of fees is important. I am not under the illusion that she'll lose her license as a result of any Quixotic moves on my part. :)
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.