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Report: #1391558

Complaint Review: Hewitt Financial Services LLC - Lincolnshire Illinois

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  • Reported By: R.W. — jacksonville Florida USA
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  • Hewitt Financial Services LLC 100 Half Day Road Lincolnshire, Illinois USA

Hewitt Financial Services LLC Charged Excessive Fees for a deposit account, would not respond to requests to close account Lincolnshire Illinois

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I had an old 401K account from Best Buy which was forced to rollover to Hewitt Financial Services without my consent or knowledge. I later found out my account was transferred over, and this Hewitt Financial Services was charging huge fees for doing absolutely nothing. It was a CASH account, a money market account, and I later found out they charged several fees which drained hundreds of dollars from this account. After finding this out, I tried to contact them by email and phone to try and cancel the account. They requested several forms, and would delay their reponses for a week at a time thus pushing back the process. After I questioned them about the huge losses in my account they stated it was due to "market fluctuations", after I reminded them this was a Cash account, they revealed their hugh fees. My total return on the account was negative hundreds of dollars. Very frustrating company, typical scumbags, I am warning everybody to stay away from doing any kind of business with them. I asked them to refund the fees, they refused.

This report was posted on Ripoff Report on 08/09/2017 12:31 PM and is a permanent record located here: https://www.ripoffreport.com/reports/hewitt-financial-services-llc/lincolnshire-illinois-60069/hewitt-financial-services-llc-charged-excessive-fees-for-a-deposit-account-would-not-res-1391558. 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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