Cornerstone Foundation Inc Rockville Ct Financial Review of Salaries
Raymond James Client Reviews
by Genkijeff, 3/31/2022
Pros: None
Cons: Ridiculous Fees Due to Buying Minor Amounts of Stocks for "Diversification"
For an elderly relative's account, which was to be distributed to the beneficiaries at death, the Raymond James banker and his team selected 14 different financial instruments for "diversification". When each of those instruments was sold, RJ received $80 x seven (since the shares were carve up amongst all of the beneficiaries). In my instance, some of the worse examples of this "diversification" were IYG (broker fees cost 44% of the full instrument value), XLE (52% of total value) and XLI (39% of total value). So, the brokerage basically took 40-50% of the value for these instruments from each beneficiary. If they had simply bought 1 fund (for example, Southward&P index), the diversification would take been adequate. But instead, they select fourteen different instruments and thereby increased their fees by 14-fold. And the person setting up the fund had simply wanted conservative, safe investments that would hold their value every bit a whole (2 out of x gamble tolerance). Only with such a large percentage of the total amount of the higher up three investments going to the brokerage, the beneficiaries lost up to 50% of the investment value 6 months later it was purchased. That seems strange for an investor indicating depression risk tolerance and a desire to retain the value to the investments. The excessive "diversification" was but a mode to receive more than fees. Watch out!
by Ann Childress, 3/14/2022
Pros: None
Cons: Thieves
I had an account with Raymond James thief Benjamin Biggs. He would purchase/sell, "Investments," at his whim. When asked to provide statement of fees, he refused. I suspect theft of my money. I filed a report with FTC to which h Biggs conned his way out of criminal activity.
DO NOT DO Business organisation WITH RAYMOND JAMES OR BENJAMIN BIGGS.
by Lois L, 12/8/2021
Pros: Strength, laser optics, flying
Cons: Kryptonite
My counselor is fast, high-integrity and has a background in journalism.
by Stephen O., 11/eight/2021
Pros:
Cons: High Fees. Lack of Investor Communication
RJ has some of the highest management fees in the industry. And they do not communicate well with investors and local branch managers. Additionally they have silly trivial investment rules that forestall you lot from investing in certain companies even in self-directed accounts and companies listed on major exchanges. For instance, crypto minining stocks listed on the NASDQ.
by Mary Stewart, 10/13/2021
Pros: None/ crooks..they demand 0 stars
Cons: Crooks steal your $$
My mom died 4 mos ago and Myself my sister and 2 deceased bros were on the acct I took expiry certs to them and my ID they couldnt tell me the bal in acct. The final stmt my.mom got it was $40k .they said i would only get one/4 the attys would get the residuum and fees due to my bros existence deceased. I got a ck today for $14k hrs later they called and said they made a error and stopped pmt information technology was only supposed to be $7000. What the fuck?? Even $40k divide iv ways is $10. And why four ways when 2 are dead. Guess it goes to their heirs. But why send $14k idiots scarry idiots DONT USE THESE CROOKS!!! four: MOS THEY TOOK FEES OUT Afterwards MY MOM DIED .
by Van, ix/23/2021
Pros: None for investors
Cons: They may exist a forepart to launder money
I worked for a company, that regularly received RJ coin and all they did was pay over priced invoices from very sketchy vendors, no real product to testify for it, they were but a middle man to launder money coming from RJ. Thus RJ should have known what they were doing and were in on it.
I'm pretty certain the way information technology works is they take coin from real investors and proceed it for them selves similar to a pyramid scheme, merely they ad extra steps to launder the money via "investments" that after payback the "invested" money via fraudulent invoices which makes the money hard to trace, and that'southward why they are still around, this makes them capable of laundering big amounts of money coming from "nice" sources
by Tupelo, MS, 8/27/2021
Pros: Excellent at screwing up business relationship, signed at 90 bsp, so decided to up the charge to ane bsp, excellent at losing money
Cons: Not every bit smart as they claim to be. Loses your money, does not make whatsoever. Horrible customer service, no internet in co-operative office, stay abroad
TD Ameritrade is the best!! Switched to Raymond James and lost coin "every twenty-four hour period"!!! Could not get out quick enough. Nifty at taking your money and giving you some h2o, a hat,…. only that's it. Every stock they picked lost me money and I got to pay them for doing it!!! Needless to say, I'g back with TD Ameritrade and never leaving. I have command of my money. Don't turn it over to anyone. Nobody is going to take care of your coin similar yous!! Don't trust Raymond James to practice information technology. Bad reputation!!!
by joe kachinko, seven/20/2021
Pros: None
Cons:
These people are evil. I inherited an IRA account that was handled by Southwestern Investment Group(SWIG), through banker/dealer Raymond James, when my female parent passed abroad. I have an onetime Allegiance account I wanted to transfer the money to. SWIG told me I would have to open up an account with them in guild to transfer my funds. Upon receiving the application I noticed several questions that weren't pertinent to transferring my funds. They were just for data collection, sharing and marketing purposes. So I sent the awarding in without answering them. I was denied. Presently after I was contacted by Taylor and he was unable to reply many of my questions. That's when he referred me to Deborah Jenkins , master compliance officeholder. During my conversation with Deborah she lied to me about their privacy policy, SEC rules pertaining to information they are required to collect and she suggested I just put zero on the awarding to get around the questions I wasn't comfortable with. She also would not let me speak with someone else in the firm that may be able to help. Explaining to me information technology was either her or Taylor that would have to help me. So two days later I received an email from her telling me zero was not acceptable because according to her information technology was non possible for the Fidelity account I opened to take a nix balance. She likewise said she spoke with a Raymond James compliance officer about this situation but would not provide that persons proper noun because they were an external compliance source. That is when she informed me no further help could come from their office and I would be referred to Raymond James corporate compliance. I sent her an electronic mail explaining her assumption of my Fidelity business relationship rest was incorrect. I likewise sent her a copy of SEC rule 17 a-3(17) exempting the broker from having to obtain this information if the customer does not want to provide it and I asked her to explain refusing the answers she told me to submit. After contacting Raymond James I was told, later an internal investigation in which I was never contacted nor allowed to participate in, that they were fully exonerating SWIG. At this signal they are intentionally stalling and extending the process for me to receive my funds. This is wrong and should be illegal. If you lot accept any intentions of doing business concern here please go on with circumspection
by tempest palmer, five/11/2021
Pros:
Cons:
I've left my last employer the beginning 0f 3/2021 and requested a payout. It'due south now five/11/21 and nothing.. I've sent emails and spoke to a alive person that offered a transfer to my new employer, which i declined.. The payout is less than 2'000..Its sad i'm gonna accept to take legal action for such.. just for the pain and suffering and none communication from them looks similar a better payout for me..i estimate its improve for them to loose more instead of settling a pocket-size amount
by Thomas Lloyd, 4/27/2021
Pros: Initial phone contact was cordial and it seemed as if they wanted to help
Cons: Happy to accept your money just they look the other way when you'd like it back; a financial service that doesn't perform on the service terminate
Due to complex circumstances surrounding a family unit bereavement, I lost track of a Raymond James account with not a huge sum in it - low four figures - but enough for me to wing to the States to visit family unit when that's side by side possible.... I recently recovered details of the account. I contacted the Chicago branch from the Great britain where I alive and the polite receptionist(?) put me through to Mr Shively, co-operative manager. I got his voicemail and left him a message, simply a week later nevertheless no response. I rang again and was transferred to customer services. Afterwards a long fourth dimension on hold for customer services (from the UK...) I wasn't getting through, so I phoned the branch again and persuaded them to give me an email address for customer services. I emailed all relevant details. More two weeks afterward I still oasis't heard annihilation from customer services (or the branch).
by Charlotte H, 4/27/2021
Pros: Nice, Mostly Responsive
Cons: Actually Loftier Fees
They accuse fees, their funds charge fees and their funds often make lots of taxes. Did not realize I was losing close to four% a year until I did the math. Nice but no where close to worth it.
past Michelle, 4/21/2021
Pros:
Cons: No integrity
I have invested through RJ for over 30 years. My start couple investments took hits because they wanted to endeavour something that they felt would be beneficial. I lost quite a bit of my portfolio, so I took some and invested on my own not through RJ. When my RJ business relationship had dwindled down to about $6,000. I invested in Snap on a whim at $11.00/share. It decreased to around $6.00 per share. Without alarm, they closed my account stating that my account was less than $5,000 and is no longer viable and sent me a cheque for the remaining coin. I was furious. Snap is now over $55.00 per share. Just a agglomeration of morons.
by Rich, 12/thirty/2020
Pros: Large business firm resource, dedicated advisors
Cons: Northward/A
Raymond James is tied for fourth in The 2020 JD Ability Investor Satisfaction Study of 20 firms. If anyone wants to check on a specific advisor'southward history, visit their profile at Brokercheck on FINRA'southward website.
by C Ann, 10/29/2020
Pros: None
Cons: Financial cons
I had an account with RJF thru stockbroker Benjamin Biggs. I asked Benjamin Biggs multiple times for a argument on fees he charged me for fiscal transactions. Ben Biggs refused my asking every time. I doubtable Ben Biggs overcharged me & hiding the theft of funds from my business relationship. I contacted RJF who said Ben Biggs told them he did provide the information. He didn't.
Do non do concern with RJF or Ben Biggs. I suspect theft of money from my account. I have turned the matter over to a lawyer.
by Brian, nine/4/2020
Pros: Responsive to questions.
Cons: Sold all mutual funds and stocks after the crash in March 2020
When the market crashed in March of 2020, I was excited to open a stock account and dump every bit much cash in as I could come up with. That was an excellent motility on my function as I am up sixty% in six months. My Raymond James Banker in Arizona, managing my retirement account really sold all my funds at the bottom of the sell off. I checked with him once I started getting the sell orders and he said he is doing the same affair with his personnel business relationship. Then I received a purchase order for i of the mutual funds he had sold earlier at a lot higher toll. I immediately removed all money and am managing myself. I did phone call and let them know that selling low and buying high is investing 101!!!!!!. Just typing this I am getting pissed off all over once again.
past Sue, half-dozen/17/2020
Pros: Investment continued to be even and stay audio
Cons: Brokers do not understand compliance, exist sure yous know all aspect of accounts legally
Parents had their estates planned with Raymond James. This included, wills, trusts, pre-nups and POA's. Assured by Raymond James they opened and titled 2 POD accounts every bit instructed, ensure no changes could be made, which was true (accounts divided equally). Accounts were at that place many years. New broker comes in, father dies, 8 weeks later on female parent dies, 2 weeks prior to mothers death POA comes in and takes all the coin changes POD to inherit monies, which is illegal. When Broker at Raymond James was informed, they did not even look at account, said the POA could, and would non fifty-fifty give us the courtesy of contacting anyone within the Co. about the outcome, instead they stood business firm in their conclusion. I am a compliance officer, talk about a red flag!!!!! The broker had no compassion for family unit who was already grieving, banker did not even read the file, or the POA and would not . These ii seniors citizens came to Raymond James for assist and believed all was left every bit they wanted. Raymond James may know how to sell or invest, but they sure do non know anything about compliance laws! And now on pinnacle of this nosotros have to pay the lawyers....I cannot think of anything lower than this. The Broker is not out anything, as the POA opened a new account with them...ENSURE you understand what yous are signing and if it is your estate, accept it to a lawyer to double cheque!
by Gabriel Côté, 6/12/2020
Pros: Big firm
Cons: Dangerous counseling
Raymond James has supported the counseling of 1 of its members that has lead to risky investments and of import losses to the manor for which I was the liquidator. The name of the counselor is Louis Després from their Quebec office in Canada. The victim was an sometime and vulnerable person who suffered trust abuse. The estate tried to file an official complaint to the advisory and regulations office in Quebec (AMF)only since the titles and shares had been acquired for more than than vi years, they could not intervene against the counselor. Information technology was only after her expiry that the estate was made enlightened of these deportment explaining why no complaint had been fabricated to the AMF.
by gee, 4/7/2020
Pros: Absolutely like my Broker
Cons: not a "fiduciary" and conviction in RJ is failing as their fees, increase
Been with the aforementioned Banker since 2006 and actually like ... However, RJ is non the company it seemingly was then... I now feel the need to keep constant watch on my account. I am not pleased with the changes that has taken place in their business firm nor with their Brokers'. And like i said it doesn't seem that RJ, every bit a whole, is concerned with their clients as much equally they are with doing well themselves. Which i do sympathize, profit, but in that location is that fine line of conviction that is eroding away with no safety net. Brokers' are just human like we ourselves and i really try to go along that in mind so every bit to not over-step. But this yr alone with the trend of rising fees that are astronomical, Bookkeeping Discrepancies sometimes catching my center, and other non and so ethical (in my view) looming practices, I remain their faithful client though I struggle with growing TRUST ISSUES.
past Jon, two/26/2020
Pros: Gratis bottle of water upon visit.
Cons: Doesn't trust client.
Last Friday (February 21, 2020) I called my Raymond James agent to completely close my IRA. I was bodacious by his co-agent it would be airtight that day. Monday forenoon (February 24, 2020) I wake up to the tragic news that the stock market has had a meltdown! I look at CNBC and recall to myself "Thank God I got out on Friday!" Then i hour after the market place closes on Monday my agent calls me. I'm expecting him to tell me what luck I had in getting out. NO HE DIDN'T!! He told me instead that he didn't close my business relationship on Friday because he was out of town and wanted to speak with me commencement nigh closing my account. I was, and however am, SHOCKED!! I couldn't believe him! I asked why he didn't endeavor calling me during the stock market hours that day? He said he was busy!
This is CRIMINAL!! I asked to have my account airtight. Raymond James didn't, and I had to endure the Full Striking in market value. What an egotistical idiot! "I wanted to speak with you about your account offset" is Raymond James talk for 'your money is now ours, and we'll let you have access to information technology if we feel like it'.
by Melissa Rinehart, 1/23/2020
Pros:
Cons:
DO NOT EVER Utilize Raymond James. They are crooks and will not return calls or transfer you Right Amount if funds. Ripped me off
by Carol A Shimp, 1/twenty/2020
Pros:
Cons:
I invested my IRA retirement coin. In Aug, 1 2007 Publix Super Markets, smart plan was given a bank check for $17,330,08
from my IRA account. My Licensed Insurance Agent was Allen Grand Gonzalez. Account # P94A7530557 IRA. I lost my
coin. I was told at that place was cipher I could exercise well-nigh it. I'thou retired, living on soc. sec. I still have a copy of my check.
recently establish while going threw tax papers. My God I wish some one would have warned me.
by Monica, 12/ix/2019
Pros: None
Cons: Did naught in nine months
Half a million dollars sat idle. Expensive fees charged every quarter. My broker was an idiot. I did better self- directed at Allegiance than with these jokers. Practice not trust them with your money. You will regret it.
by Donald T, x/16/2019
Pros: Stable, genius insights
Cons: Uses very, very, very big words
Worked hard to solve some bug. Doesn't let the world down. Makes great deals. Isn't a fool or a tough guy.
past Sophie Labeille, ix/20/2019
Pros: Seems friendly at first
Cons: Unethical
The advisor said he could either accept sex with me or invest my money or both ...
Now you lot will exist the judge !
Do I desire such a person to have intendance of my finances ?
by Tinku, nine/16/2019
Pros: Great advisor! Keeps in bear upon regularly, every quarter.
Cons: None
Very pleased with our advisor. Known him for about 10 years. Returns accept been much better than our previous life insurance company investments. Glad we switched to RJ. Hope to run into the funds growing well into the hereafter.
by Marc, eight/26/2019
Pros: None
Cons: Extraordinarily loftier fees (2%) and completely age-inappropriate investment decisions on behalf of an elderly customer. These guys should be run out of business.
My mother-in-law's Raymond James broker in Florida has caused her account to lose half of it's value in the by several years, despite a rising market. The investment choices for a person approaching her 80s are criminally inappropriate. I'grand about to movement her account to a responsible financial business firm and employ the services of an attorney to recover the inexcusable losses.
by Billg, 8/8/2019
Pros: Can't call back of annihilation
Cons: Just nearly everything
I started with a small-scale investment of $50K, Then I got passed to some other broker who came to my house. Said I wanted to invest $1M. He was not interested unless I gave him my entire portfolio. My response was NFW. Yous earn my trust not demand it. Today I transferred the original investment to Schwab.
by cistron, 7/9/2019
Pros: none
Cons: LOOSER CON
Nifty WAY TO LISTEN TO LIES AND LOOSE Yous YOUR Difficult EARNED MONEY
by Jimmy, 5/22/2019
Pros: complimentary coffee
Cons: When they lose all your money They close your business relationship & leave yous screwed glued & tattooed
Afterward existence a customer for over 10 years My business relationship was being shimmed. My agent forwarded my problem to a Jennifer Floyd who promptly forgot to return any of my calls waited until it was too late to close my account. Only to insulate her ain negligence from being a trouble for her bosses. It became very obvious when I went to a ATM to cheque a theory, I asked for $200 which was declined because the card was shutoff only wanted to meet what corporeality would be in their system. Ms Floyd insinuated I was doing something. I asked what corporeality my debit was declined at. She said $400 ahhhh haaaa I told her I had the recipient from the transaction & boom a day after my account was closed. I received an email to come up to the office for a check. I know many others may be being affected by the Raymond James Chip defect. I've seen some shady stuff in my life 2 days afterwards my account was closed They contact me over a strange $730 deposit that was made in error that they insisted on getting back asap. IM broke & now they add this? Great Place to NOT ever do business organization with......
by LD McGreevy, 5/17/2019
Pros:
Cons: Sean Fitzpatrick
I was a client for 20+ years. I complained because I did non recollect the final time my broker contacted me to review my account. I spoke to a supervisor who said they hoped I would stay with them. I had sent broker several emails regarding things happening in the economy. the supervisor actually thought that that was keeping in touch. The next call from the supervisor was to tell me they no longer wanted my business organisation. The supervisor said "we need y'all to take your business organization elsewhere." I have never been treated more than rudely by any company in my lifetime. I would never do business with this company ever again. The visitor blamed me instead of the broker because he is one of their meridian producers.
by Disappointed ex-client, 5/17/2019
Pros: None, they promised the sky when asking for the business just never delivered on anything.
Cons: My opinion is they mismanaged my account. When I caught them at this they tried to prevarication their way out of everything. integrity questionable! Stay abroad!
My experience was with the Brannam Group in Jacksonville, Fl. Stay away! They duplicated placement of many of my holdings. The holdings they duplicated made them more fees. Since they are not a "fiduciary" the customer is at adventure, they satisfy themselves commencement. My neighbor managed my account. My stance, I never thought his integrity level was so questionable. In my opinion they are pompous and pretentious, Stay away!
by Simone Keller, v/xiv/2019
Pros: None
Cons: Theives
They will not give me the money from my decreased father'southward business relationship. Said they couldn't sell the stock that I had to open an account in my name and they would transfer it to me merely I'm not immune to cash it out!!!! WTF!!! Nothing only crooks!!
by Alex, 3/6/2019
Pros: None
Cons: Everything
Stay away from this visitor and it's affiliate Southwest Financial Group. Financial advisors will lie about everything, invest coin in something that won't give you a return, and charge y'all outrageous fees they refuse to provide information on. And don't enquire for anything. They only want the, "Fun," part but when asked to actually do something, they make excuses why they cannot exercise information technology.
by Patty B, 2/15/2019
Pros: none
Cons: very, very expensive. The but person making money was Raymond James. Saw a loss every month
I was pretty happy with the funds we were in, my financial advisor brash we could make a little more with Raymond James. The only person making a lot more than money was Raymond James. Their fees were huge, I would accept loved to see one month with returns that were more than then the amount they took out of my account. Lost money every month. Could not become my money out fast enough. STAY AWAY!!!!!
by Bruce, 1/10/2019
Pros:
Cons:
Consistent losers this year (2018). And they accuse for this? YTD loses 10.vii percentage.
Run, run, run.
by Brent Rock, viii/1/2018
Pros: none
Cons: everthing!~
Run abroad as fast as you tin
This company is terrible.
Invested with the Kelowna part and could non be more upset with Craig White and his partners.
Had an investment when the marketplace was great and would have made more coin on a GIC.
invested recently with another firm and reached almost 11 percent gains.
This is a horrible company that simply wants your money
past Unhappy Customer, three/ane/2018
Pros: Pleasant
Cons: Unqualified
Not a good company
by Clayton Werden, 2/12/2018
Pros: None
Cons: Lies, uninformed, unqualified, and plays the arraign game
Stay away from Raymond James. My father died in Sept. 2016 and have non been able to get the money. When my father (83 at the time) the and so called financial advisor never put a POD on the account fifty-fifty though I was there and gave her my SS#. I have called the "Leadership team" and they will not return a call. It has been over a twelvemonth and the last 3 months at dispute resolution. Take your money elsewhere.
past Anonymous, 2/3/2018
Pros: None
Cons: Churn, lie, mendacious, out for themselves
My mother had an business relationship with RJ. Nosotros begin to see excessive trading and commission. Consulted advisor Mr Werthe he stated it was inside the plan. More excessive trading. Spoke to his so called manager Mr Canada. Mr Canada said the trading was within the plan established by my female parent. We said what plan she losing money and market is going up. Canada stated there is nothing we can practise his office is protected by RJ home function and a complaint would not fifty-fifty be read. He argued with me regarding the right to even talk to me as I was non on account and stated" if your mother has a complaint file it only naught will happen as I have friends in high places and zilch happens to me". They are big-headed and pompous!
past Paul mayer, 2/2/2018
Pros: lies
Cons: lies
My name is Paul Mayer my mother is a nice little old jewish lady who lives in Lady Lakes. This story is about my female parent who had a stroke a year and a half ago at which fourth dimension a woman name who is a fiscal planner and an acquaintance of my mother called her at her hospital room to run across if she was alright then began the pitch for more than medicaid coin and how she was entitled to it. Even though she has no idea how much my mother has or receives from SS. In add-on to the "pitch" she also felt my mom needed a volition for her pennies. All totaled 8000.00. To which my mother never told her sons and this woman came to her infirmary room with a lawyer and a social worker and surrounded her while she wrote the check. Once nosotros plant out about this I started a back and fourth with this Ms Cindy Richards who kept replying under the letterhead of Raymond James and Assembly. She told me to close my moms bank account and give information technology to my blood brother so give my mother money when she needs assistance. I started to wonder if my mom was entitled to this money why practice we have to prevarication most her finances . She explained thats how its done and non to worry in 3-5 months it should be all over. She fifty-fifty wrote in i email that she would be with my mother throughout the process. Well, its a yr and a half later and my mom was denied , lost 8000 dollars, lost benefits, her bank account (because its now in the easily of her son) and not even a call from this woman. I believe moms money is gone and I certainly don't have the money to sue another lawyer or a company and the Jewish Family services are not returning my calls . Is this the way nosotros take intendance of our elderly? I'yard at a dead end and I want this adult female to know what she has washed. I know this isn't a juicy story just its the only one I have. Cheers and then much for your time
Paul Mayer
past John, 9/28/2017
Pros: Advisor seemed knowledgeable
Cons: Difficult to get a hold of poor at returning calls
Brand it cumbersome and involved to go your coin out. Should merely accept a phone call as it does with other firms.
by Dissatisfied, nine/15/2017
Pros: Offices in many locations
Cons: Two advisors I worked with were not effective and the 2d handled my accounts poorly
First advisor I had for most a year was helpful to make it but fabricated a lot of personal judgements well-nigh how I looked that made me dislike working with her. I moved so I transferred my accounts hoping a new location would exist improve. At showtime it was fine, even so, they continued to endeavor to sell me on other products while non really growing my existing accounts. In fact, I discovered the automated payments I was making monthly were sitting in a cash account and not beingness invested for months at a time. Because my job required 100% travel at the time it was hard for me to come across in person. Considering of this, I guess the advisor simply transferred my accounts to Investment Fundamental without letting me know that would happen. The accounts were non handled consistently that year which impacted my investing as well as my taxation state of affairs pretty significantly. I got my accounts out of in that location, but not before some impairment was done.
past Gamba, 9/2/2017
Pros:
Cons:
College America 529 account closed and moved to RJ. Never received whatsoever find until AFTER the fact. I exercise non want to fifty-fifty requite them 1 star
by 50 p, 8/xv/2017
Pros:
Cons: Too high of fees, etc
Wayyy wayyy tooo high of fees
by Kristi, 7/eleven/2017
Pros: Piece of cake to get into talk to them explained things well to younger people
Cons: portentous and pompous
I've met twice with the same lady. I brought my daughters to talk to them nigh investing. This person has no clue about us, but I feel that she prejudged at least me. I have tattoos and came in with purple pilus, and I really feel that she made a judgment based on my appearance as if I had goose egg to invest. She spent more than time on preparing literature for my daughters than for myself. She seemed to dismiss me and not take me seriously. Whenever she gave me a plan for retirement she based information technology on herself, and nothing I had told her I wanted or could do. She stated several times we were the aforementioned historic period (although we looked zippo of the same age perhaps stress has aged her more than) and how she'd love to retire like I stated I wanted to just that she'd need millions. This is what she gave me, a programme for 1.2 million. When I started to tell her that what she was giving me wasn't what my own plans were she told me she couldn't help me because I wasn't giving her plenty info, but if she would have listened to me the previous time and this one she would have had all the info she needed. She was very surprised when I told her how much I could invest and how much my daughter saved. I wanted to mention that we're not the aforementioned person, she and I and that I have a very dissimilar lifestyle...1 of a minimalist and not sporting 10k diamond rings and fake tans. And then, no I won't exist using them. They need to acquire to not exist then pompous and accept people seriously because my money will be going somewhere else.
by Jim, vii/4/2017
Pros: Nothing
Cons: Stay away
Was with Raymond James for years and made no money. Felt like I was mislead and lied to. A lot of hidden fees that I was not informed about. Bottom line be enlightened and stay away from this company or you will go robbed.
by Ann Beaty, half dozen/xix/2017
Pros:
Cons:
Broker will come up with any ridiculous idea to generate commissions for himself.
by Ruth Tobias, 6/15/2017
Pros: None
Cons: Very poor propose and unwilling to listen to our needs
They were all about helping until we signed upward.. Then would non listen to our wants and needs at all.
by Fluker, 6/2/2017
Pros: None
Cons:
Stay abroad from Raymond James they are out for themselves. They pray on the retirees! Run if y'all see them every bit they are a cult. They have your money and won't give it back to you. Report them to the BBB and your states Insurance Commissioner for fraud. Certificate everything as they are being investigated.
by duane yoch, 5/25/2017
Pros: My broker seems like a nice enough guy;
Cons: see below
For years my advisor has poo-pooed ETFs maxim that managed funds did had ameliorate results. It was only with the recent definitive study that ETFs outperformed mutual funds for the past 15 years did he finally purchase some ETFs for my account. It is not clear to me if he was getting a fee from the mutual fund company that fabricated his then reluctant to buy some ETFs.
by Rundontwalk, five/xx/2017
Pros: Easy to purchase funds
Cons: Fees, errors, misleading advice
High ongoing program fees. I have a fund direct with american funds bank and another set from retirement business relationship with james that was ready a few years before. The direct business relationship was funded at one-half the amt of the rjames funds for same products...differences direct a shares, james c shares. There is simply 500 divergence betwixt the two accounts later 10 years.. .mostly due to fees! I have a whole nightmare of incorrectly applied amounts via james too. Ugh.
by dont use rj, 5/18/2017
Pros: make money for themselves
Cons: customer loses money
raymond james are not interested in the client, but making money for themselves DO NOT USE THIS BROKER
by loser, v/14/2017
Pros: selfish,greedy,crooked and thats there good qualities
Cons: buy this and me the broker will will make a lot of money
DONT Utilise THESE VERMON!!!!!!!!!!!!!!!!!!!!!!!!!!!
by ken, 5/fourteen/2017
Pros: not
Cons: a lot
if u like to lose money and make the broker a lot of money go with raymond james
by pm, v/xiii/2017
Pros: skillful analysis squad
Cons: bad advice
they make it hard to get things washed.
g mathis hands yous off to someone who knows trivial and pushes product
by jim, iii/25/2017
Pros: Both seem to exist expert with numbers and propose .
Cons: My gut tells me to beware and fourth dimension to shop ! They never answer to my electronic mail questions !
very fed up at this indicate--I don't have very much invested as I am poor compared to most. I need to move my money but just don't know where ? Both advisers have a lot of fancy talk and impressive literature but that'due south well-nigh all they offer !
by anne beaty, 2/25/2017
Pros:
Cons:
many errors peculiarly with price ground reporting.
by Bankrupt, AF, one/23/2017
Pros: NONE
Cons: High fees, horrible service, scam artists, there are too many to list
Do not invest with Raymond James. Y'all volition loose money. I lost so much money. Don't invest with them, they are thieves. I would give them null stars if the option was available.
past Wonder W., 1/19/2017
Pros: Great financial communication
Cons: Parking lot too small for my invisible jet
My RJ financial advisor provides swell advice.
past Longtime client, 1/half dozen/2017
Pros: Normally available
Cons: Closed my account without notice
Did not know they closed my account until I received a check in the mail service. They did it right earlier the terminate of year so there are tax implications every bit well. When I asked why I was told only my fiscal advisor could tell me. He was not available. They sold the stock my grandad bought when I was born. I plan on contacting an attorney to encounter if this is legal.
by Bearding, 1/5/2017
Pros: None
Cons: 1) Annual charges on a very small business relationship were = 25% of the IRS required withdrawals. 2) Stated in that location would exist a $100 charge for transferrng out my minor account and then charged me $150. Greedy Theives. Avoid, Avoid, Avoid.
Avert this company. They charge ridiculous fees and are very smug when you lot call them and ask questions. They are out to make more from yous so for y'all. Don't be duped, Avert this firm equally they are greedy theives.
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Founded in 1962 and a public visitor since 1983, Raymond James is a diversified financial services holding company with subsidiaries engaged primarily in investment and financial planning, in addition to investment banking and asset management.
Raymond James & Associates IRAs, Cash management accounts, Brokerage business relationship funds, Raymond James Trust accounts, Fee-based managed and advisory accounts, 529 plan accounts, Guardianship accounts, Credit and lending, Conservatorship accounts, Traditional IRAs, Roth IRAs, SEP IRAs, SIMPLE IRAs, 401(thousand) Profit Sharing Solutions, Qualified Retirement Plans, Fundamental Person Insurance, The Owners-only 401(k).
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