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Report: #858086

Complaint Review: Navisis Financial - Chicago Illinois

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  • Reported By: Diego — Houston Texas United States of America
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  • Navisis Financial 200 E Ohio Street Chicago, Illinois United States of America

Navisis Financial Mark Bruscianelli Basically a boiler room, Churn and Burn Retirement Accounts Chicago, Illinois

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This company is basically a boiler room. Granted they do not pitch penny stocks, they are just trying to get accounts to make commissions on. NEVER give one of these brokers a retirement account to handle. If you want to invest with them, do at your own peril, but please do it with excess capital.

These are "retail" brokers, who no matter what they tell you, are making a commission every buy AND sell of stock in your portfolio. They only sell you products to make their own commissions. Trust me when I tell you that on the last pay period of the month (i.e. the last Weds of each month) you will be called by one of these brokers, even the "Branch Managers/CEO" Jack Bruscianelli, Mike Arnsman, Kevin Keane will call you to make trades in your account. Jack's brother Mark Bruscianelli is the worst of them. He can't pick a stock/manage a portfolio to save his life.

Please what ever you decided to do, just read "Backstage Wall Street" before you invest with Navisis Financial. Go ahead and give them $5000 to play with but never succumb to their sales tactics. I feel sorry for the young men that they hire. This isn't the age of Gordon Geckko anymore, go get a real job.

This report was posted on Ripoff Report on 03/22/2012 07:54 PM and is a permanent record located here: https://www.ripoffreport.com/reports/navisis-financial/chicago-illinois-/navisis-financial-mark-bruscianelli-basically-a-boiler-room-churn-and-burn-retirement-acc-858086. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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