Jesse Purves Ameriprise Financial Services lied to me about my investments and put me into a High Commission Paying and Fee Charging Annuity Account. Portland Maine

I would like to file a complaint on Jesse Purves and Ameriprise Financial Services in Portland Maine. I met with Jesse back in January of 2006 to discuss the roll-over of my 401k. I told him because of my age 31 at the time I would like to invest in mutual funds and stocks to make the most of my money in the long run. He agreed and Jesse told me that he would take care of my request.

When I went to Jesse's office for closing he failed to show up. Jesse had his secretary perform the closing even though she was not licensed and she did not know anything regarding the paperwork and disclosers. I signed the papers in faith that Jesse and Ameriprise would do the right thing.

A few months later I did some research on my accounts. I found out that I was put into a variable annuity that is a High commission paying and annual fee charging account that was not best suitable for my situation. I was taking advantage of by a unethical Ameriprise Advisor. When I went to close my account to move to another financial institute I found out more bad news...there was a 4k surrender charge. I had no choice but to pay the fee and move on.

Anonymous
Portland, Maine
U.S.A.