Steve DeJohn The DeJohn Advisory Group STEVE DEJOHN DIRTBAG AND ANNUITY RIPPOFF KING Rolling Meadows Illinois

 I am responding to a false report on me and my company made by an over zealous competitor who personally attacked my character and more importantly cites numerous fictional meetings and several 100% falsehoods about me, my company, how we get compensated and what we do for our clients. This competitor came to my office interviewing for a sales position when all along he simply wanted to steal our proprietary information. This is the type of advisor that gives our business a black eye. I was on the cover of Senior Market Advisor Magazine in June 2006. This is a magazine for insurance professionals of which they interview hundreds of candidates for only 12 monthly editions of which they pool from 1,000,000.00 agents in the United States. The comments by this anonymous coward " creepy magazine" are a direct insult to the industry and thus highly regarded publication. I will address all of this anonymous authors statements in sequence. Forget the childish slang and name calling that children don't even use as this author seems so comfortable with. Let's discuss his libelous and factually wrong comments. First: We never push index annuities no matter what the situation is. Our annuity companies have strict suitability policies and we adhere to them at all times. Second: I do own an index annuity as does my wife. This is lie # 2. Think about it how would he have this knowledge? Third: Pays the most commission? Absolutely factually wrong and mis leading. Fourth: Never see your money again? 100 % false. We sell walk away annuities at the end of their term. Again a uneducated malicious and wrecked less statement. Fifth: A monthly check minus heavy fees and expenses that go to me and my company. Again 100% false. This assures me this competitor is a broker who sells risk products like mutual funds and stocks and lives in the world of fees and expenses. His knowledge of how insurance agents get paid on annuity sales is embarrassing. We get paid by the insurance companies. We never get fees and expenses from a client pay to us, never. Sixth: Surrender charges. All annuities have surrender charges and annuities have been around since the Roman Empire. With all the guarantees, up from bonuses, income for life and never lose money in bear markets these contracts call for early withdrawal charges just like CD's and B share mutual funds. Seventh: Guaranteed to lose half your investment if you want out. Again ignorance. Our annuities have declining surrender charges starting at 10% year one and decreasing each year there after. Eighth: His personal attacks on me only reveals his envy of our successful company that he cannot achieve. We've never lost one dollar of our clients money, ever. In conclusion the fact that anyone can maliciously attack ones character and business in the open wild Wild West we know as the Internet unfortunately we all have to live with it. If this rebuttal gets posted I will be somewhat surprised as the owner of this site is in hiding Ed Magedson. He is involved in numerous lawsuits and he cannot be found for comment. I feel sorry for this advisor who writes such malicious attacks with zero knowledge about our products strength and promises we provide to our clients. Onward and upward.