Wells Fargo is one of the worst financial institutions. I am glad she got the red carpet treatment from Fidelity being near the HNWI category.
1 week ago | 9
That’s a great story. Glad someone did not get scammed. Knowledge is key.
1 week ago (edited) | 6
Would love to see some verification of the facts on this case as it’s been posted a few times. I’m no fan of WF, but if someone can point me to a fee schedule where they charge $125 for a broker facilitated trade, I’d be surprised. Most of the big brokers are charging 25 bucks for a phone assisted trade, but that wouldn’t include anything in an advisory program
1 week ago (edited) | 12
That "friend" should keep their mouth shut if they knew nothing about investing. It's like directing a friend to the local thug for a loan.
5 days ago | 1
Wow this is phenomenal glad she caught on before she paid $100,000+ in fees
6 days ago | 0
Wells needs to be out of business. They've been shady for decades.
1 week ago | 0
The phrase “flat fee” feels totally at odds with “they charge $125 per stock trade.” Isn’t the entire point of a flat fee structure that you get ripped off but at least it’s ripping you off in a predictable way? Is this common?
1 week ago | 0
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This 65-year-old widow received a $4,000,000 insurance payout when her husband died. She invested it with Wells Fargo financial advisors — and then she read my book.
Read what happened.
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1 week ago | [YT] | 722