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Raymond James Fees

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  • Raymond James Fees

    I guess I just find it incredible my mom called her financial advisor, did I mention this person does not have a CFP, basically a license to sell securities 7, and a college degree? Nothing special or great and is charging my parents 1% to make less money than an INDEX fund. That my parents returns have been subpar?

    $3174 on $394k
    $3140 on $528k (there is an annuity so they can't charge on it) but the $221k outside annuity
    $1298 on 98k

    How the hell are they getting away with ripping people off just by talking so nicely and being "oh I've been through that."
    LivingAlmostLarge Blog

  • #2
    Originally posted by LivingAlmostLarge View Post
    charging my parents 1% to make less money than an INDEX fund.

    How the hell are they getting away with ripping people off
    It's legal and people are stupid.
    Steve

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