• Report: #1035693
Complaint Review:

Pensco Trust

  • Submitted: Mon, March 18, 2013
  • Updated: Mon, March 18, 2013

  • Reported By: Wen S — Potomac Maryland
Pensco Trust
PO Box 7576 Internet United States of America

Pensco Trust Lincoln Trust Exorbitant fees Internet

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Pensco Trust, formerly Lincoln Trust is highway robbery.  Do just a basic search and you can easily see how ridiculous they are for charging fees for doing nothing.  And if you want to leave them, then they charge your more - $200 termination fee, $150 to re-register your securities with someone else, $50 maintenance fees.  All told $415 in fees just to leave this terrible company.  NEVER, NEVER, NEVER let your money be held by them or let your financial advisor move your money there.!  RUN, do not walk from this company

This report was posted on Ripoff Report on 03/18/2013 10:09 AM and is a permanent record located here: http://www.ripoffreport.com/reports/pensco-trust/internet/pensco-trust-lincoln-trust-exorbitant-fees-internet-1035693. 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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