Usacomplaints.com » Business & Finance » Complaint / Review: TD Ameritrade - Rips you off by doing nothing. #1015727

Complaint / Review
TD Ameritrade
Rips you off by doing nothing

Churchill Management, a division of TD Ameritrade, contacted me about 2 1/2 yrs ago and talked me into having them handle my investments. I turned over $300,000 to them. However, the only ones that seemed to be making money were the brokers that earned a very nice fee every 6 months for doing nothing.

I just recently learned that Churchill Management had $171,000 of my money sitting in money market for over a year... And this was a bull year. My 457 account that I managed elsewhere made 17%... So I figured that I lost about $29,000

Anyone dealing with TDAmeritrade and especially their institutional division. Churchill Management, should
be forwarned and look elsewhere.


Offender: TD Ameritrade

Country: USA
Site:

Category: Business & Finance

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