Pekin Singer Strauss

277 W Monroe St #3625
Chicago, IL 60606 312-554-7525

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Consumer Ratings for Pekin Singer Strauss — 1 Ratings

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Percent of customers who rated service "superior" for:
Giving helpful advice
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Consumer Comments for Pekin Singer Strauss

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Consumer from WILMETTE, IL
Oct 23, 2016
Not Recommended
Shady financial advisors who recommend investing in their own two star Appleseed Fund, specifically the investor class with a higher expense ratio. If they are unable to manage their own fund, how qualified are they to handle clients investments? Management fees are 1.25%. These management fees are also deducted from cash balances, which is not practiced at other firms, such as Vanguard, Fidelity, and Merrill Lynch. Performance of accounts are printed in bogus graphs. The Securities and Exchange Commission has fined this group $285,000 in civil money penalties for their illegal/unethical activities. For details, see: https://www.sec.gov/litigation/admin/2015/ia-4126.pdf