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Personal Investments • Leaving an AUM Financial Advisor

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I left a high fee company known as Ameriprise years back. Have been better as a result.

My experiences, they may charge you “account closure fees”, these are insidious. I had four accounts (2 taxable, 2 IRA) and was charged $100 each, which was $400 total. They also initially “slow rolled” my request to obtain the cost basis on my taxable accounts.

They were not happy I was leaving. In the end, I was glad I left. Lesson learned for me.

Statistics: Posted by Chv396 — Sun Jul 07, 2024 9:26 am — Replies 10 — Views 775



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