Complaint / Review
First American Trust
First American Title Insurance Company Investment Trust 3 years of loss, Taking advantage by draining trust account with excessive investment fees after fathers death, Santa Ana, Glendale, San Bernardino

Ever since First American Financial Corporation NYSE: FAF started investing my trust money 3 years ago my account has been in a decline.

The fee's they have been charging my account out weigh the income my account generates. A few years back I asked the company not to invest the money in order to avoid the fee's so my account wouldn't keep declining, the response from them was that I had no authority/control over how my account is invested.

I also informed First Am of California Probate Code Section 15408 and the section of the trust that gives them the power to terminate the trust. But they are to greedy to let my account go. My father trusted this company to make his money grow after he died but in the end they are taking more then my account can afford to give.