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Report: #610216

Complaint Review: Fidelity Investments - Boston Massachusetts

  • Submitted:
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  • Reported By: Dennis — Maryville Tennessee USA
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  • Fidelity Investments 82 Devonshire St. Boston, Massachusetts United States of America

Fidelity Investments Rip-Off Tactic Boston, Massachusetts

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Fidelity basically was zero help with my IRA. They kept charging me for having too little money to maintain the account and forced me to move my money to account that paid near zero in return. When I asked for help to where to put the money, they treated me like crap. I looked on the Fidelity web site to find an avenue to register a complaint; however, I did not find one. After several attempts to get help from Fidelity to correct the situation with ZERO help, I transferred my funds to Charles Scwab and I have been treated very well so far.




Over the last several years I have made almost nothing in my IRA. If Fidelity would have allowed me to leave the IRA where it was, I would have accumulated enough to be over their minimum. How can Fidelity allow you to roll over an IRA that does not meet the minimum they require? They do this so in time they can force you to move your fund into an account that totally benefits them and forces you to get only cents.

This report was posted on Ripoff Report on 06/04/2010 06:49 AM and is a permanent record located here: https://www.ripoffreport.com/reports/fidelity-investments/boston-massachusetts-02109-360/fidelity-investments-rip-off-tactic-boston-massachusetts-610216. 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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