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Reviews

09/14/2014

Would not recommend

As a former client, I initially left George Pierce and Associates when I realized that Mr. Pierce consistently sold me the number of shares/ month just below the break point which would give me a discount in commission his rate. Every time I asked questions about the amount of comission I was paying to him, he was evasive and did not answer the question. There were also many mistakes. After leaving this advisory service, I switched to investing in Vanguard Index funds but kept the actively managed funds I purchased from Mr. Pierce. Watching the return on the funds over the years and calculating the tremendous money I spent on high expense ratios from the actively managed funds from Mr. Pierce, I can tell you that the Vanguard funds come out way way ahead! If you add in the huge commissions paid to Mr. Pierce, there is no contest. Do a little reading and do the investing yourself! Trust me, Mr. Pierce will tell you that his funds can outperform index funds, but market research proves that this is simply not the case.

More Business Info

Hours
Regular Hours
Mon - Fri:
Neighborhoods
Westlake, Cascade
Categories
Financial Services, Financial Planners, Financial Planning Consultants, Investment Advisory Service, Investment Management, Retirement Planning Services, Tax Return Preparation
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