Complaint Review: First Command - Bellevue Nebraska
- First Command 101 E. Mission Ave. Bellevue, Nebraska U.S.A.
- Phone: 402-291-3040
- Web:
- Category: Investment Brokers
First Command is the WORST financial and insurance advisor in the World. Stay away from them. Bellevue Nebraska
*Author of original report: First Command is the worst financial planning company in the world
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We were told to use these people in Bellevue, Nebraska as our financial advisors by the corporate office in Fort Worth, Texas. First Command, formerly known as USPA/IRA is the WORST financial and insurance advisor that you can do business with. They charge you 50% to do business with them for the first year, and upwards to 10% after that. They also will NOT change your address when you write them letters and call their bank and insurance company to have them do so... Which means you don't get any statements to verify all charges are accurate to make appropriate changes. When you tell them that you haven't received any statements so that you may look over it, they STILL won't send it to you. They call you a liar and screw up more of your accounts. You know the drill. ALSO - they call and call and call to have you make payments to their worthless mutual funds KNOWING VERY WELL that you haven't been receiving your statements, because they are too lazy to send them to you. They block your online access, so you can't get any online statements, either. Their non-par whole lfe insurance is worthless...you have to pay them every month forever, or they'll cancel you when you need it the most. They appear to hate the military and military families. They are horrible financial and insurance advisors. Warning --- Do Not do business with unprofessional and unethical First Command.
Outraged
Bellevue, Nebraska
U.S.A.
This report was posted on Ripoff Report on 07/07/2008 07:35 AM and is a permanent record located here: https://www.ripoffreport.com/reports/first-command/bellevue-nebraska-68105/first-command-is-the-worst-financial-and-insurance-advisor-in-the-world-stay-away-from-th-348152. 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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#1 Author of original report
First Command is the worst financial planning company in the world
AUTHOR: - ()
SUBMITTED: Thursday, November 05, 2015
The Bellevue, Nebraska office has moved to the 7100 block of Cornhusker Road in nearby Papillion, Nebraska.
In 2005, a class-action lawsuit was filed against First Command financial services, run by retired US generals and admirals. A $12 million judgment in 2004 was never paid by First Command, cheating 179,000 US military personnel out of their hard-earned retirement funds.
First Command still owes me $100,000 for the mismanaged Fidelity Destiny I plans which I paid a 50% commission to them in 1981. First Command mismanaged our accounts and lost $100,000 of our retirement funds in 2001 and $350,000 in 2008. They threatened us in 2009 when we wanted to sue them.
First Command has never come up with a plan to restore the $450,000 of our money that they lost. Their non-par whole life insurance policies are worthless. My family and I are uninsurable and First Command failed to properly sell us quality life insurance prior to 2007. First Command also never told me that I could upgrade my VGLI insurance prior to me becoming 60 years old.
Stay away from anyone who works for First Command.


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