reviewer
sierrafla
Saint Petersburg, FL
BAIT & SWITCH
1 star rating

Hopeful
Cons
    BAIT & SWITCH

NOV
22
2007

Wachovia Roth IRA — 

Opened acct. w/IRA contributions for 2 years. (*Dec/Jan)

Promoted as "NO FEE" acct.

Within a few months, notified that all accts. w/less than $50K, would be $75/year fee.

BAIT & SWITCH SCAM.

When trying (in vain) to open/fund a brokerage acct. there, they "lost" my in-depth enrollment/risk tolerance forms twice! Once, they were "found" in an associates' desk drawer!

I'd recommend NOT doing brokerage/IRA business here.

While it's an "OK" neighborhood bank, I'll stick with Fidelity for other business...



I_thumb_down Wachovia Roth IRA is not recommended by sierrafla

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I_comment_shdw24 Comments about sierrafla’s Review

 


sunnyflaj wrote on Jan 3, 2008 at 1:33PM

Had the same problem with Wachovia and their "no fee" IRA. I even wrote a letter of complaint . They just dont care unless you are a big investor.
Switched over to Fidelity for a real no fee IRA.