I just recently transferred my roth ira account from banc of america to my datek roth ira account.
They charged me $72 dollars to do the transfer. When i opened the account a couple of years ago their financial adviser advised me to invest into the fund that i invested my money into.
I have put $4000 dollars inthe account and was told the putnam fund was fairly conservative and would only make money. Well it lost $1400 dollars over the past year.
Not only has it lost alot of money but also banc of america has the ordasity to charge me the $72 fee to transfer the account.
Most reasonable investment places do not charge a fee or only a minimal fee. Well i told banc of america that they have lost me as a customer for ever. Shame on them! (ref my account # rs7-225398)
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