Diversified Investment Advisors managed my pension, and charged absurd fees over the past decade, consuming 38% of my retirement fund. The money has only been in in Diverisifed's short term low riskmoney market fund.instead of earning interest, it only pays fees to Diversified.
Now Diverisifed has conspired with the International Brotherhood of Teamsters and the Painters Union, and has doubled their "investment advisor" and"investment management" charges without my consent, and are absconding with 10% of my funds for fees, every year. Taking 11%per year for keeping my funds in a money market fund is a violation of Diversified's fiduciary responsibitlity.
Complaint / Review
Diversified Investment Advisors, LLC
Diversified Investment Advisors, Inc. Diversified Investment Advisors conspires with International Brotherhood of Teamsters to deplete pensioners retirement funds
Author: Dumb Union Membe
Offender: Diversified Investment Advisors, LLC
Country: USA State: Iowa City: Cedar Rapids
Address: 4333 Edgewood Rd. NE
Phone: 8007555801
Site: divinvest.com
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