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Report: #1478075

Complaint Review: Robert Alpert - Woodbury NY

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  • Reported By: Mike — NY New York United States
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  • Robert Alpert 88 Froehlich Farm Blvd Woodbury, NY United States

Robert Alpert Wells Fargo Advisors Rob Alpert Does trades without getting authorization from his clients, churns accounts and hides large fees Woodbury NY

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Robert Alpert has managed my money for years and I trusted him.  I found out that he was placing trades without telling me and charging ridiculous high commissions on those trades.  He also bought Unit Investment Trusts in my account without telling me that the fees are ridiculously high.  

To make things worse, he would then sell those Unit Investment Trusts not long after he bought them and would double collect fees.  He does the same things with bonds - he will buy them for you and then without telling you he will sell them and replace them with a similar bond so that you are charged double.  

He is not to be trusted and if you have your money with him you should run.  If you are thinking about giving him your money to manage find someone else.  Bottom line this is a bad guy.  If you find that he has done this to you, hire an attorney like I did and you hopefully will be able to collect damages.  

This report was posted on Ripoff Report on 05/01/2019 04:18 PM and is a permanent record located here: https://www.ripoffreport.com/report/robert-alpert/woodbury-ny-wells-fargo-rob-1478075. 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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