- Report: #1132889
Report - Rebuttal - Arbitrate
Complaint Review: Pearl Lee
Pearl Lee1717 Arch Street Philadelphia, Pennsylvania USA
Pearl Lee Janney Montgomery Scott Incompetent, Greedy Broker Philadelphia Pennsylvania
*Consumer Comment: Do NOT trust this woman with your money
*Consumer Comment: Pearl Lee had managed my parent's retirement accounts
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This "Financial Advisor" knows nothing about the market, her professional priority is to ONLY meet her monthly quota with Janney and thus make a commission. Once she lands a client, she sets their portfolio up Conservatively but soon later, calls her client repeatedly to buy/sell, buy/sell. Each trade she successfully persuade her clients to make, it makes her a commission. She systematically studies her clients behavior and knowledge of the market. The ones who have less knowledge, she uses her charm and innocence and deceptively get her clients to "trust" her. Once she gains their trust, she makes these irresponsible "recommendations" for that client to buy/sell stocks or funds that truly don't benefit the client, but her. Pearl Lee doesn't follow the market, she follows a script and feedback from Janney ... and always pushes a stock if it grants her a bonus. Pearl Lee does not embrace the promise of fiduciary responsibility in protecting her investor's interest. Her goal is to make a commission at her clients expense. Do not trust this woman.
This report was posted on Ripoff Report on 03/23/2014 06:19 AM and is a permanent record located here: http://www.ripoffreport.com/r/Pearl-Lee/Philadelphia-Pennsylvania-19103/Pearl-Lee-Janney-Montgomery-Scott-Incompetent-Greedy-Broker-Philadelphia-Pennsylvania-1132889. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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