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Who are you using for managed investments?

I have a city retirement plan, plus a 401k-like thing first done by Aetna, then ING and now Voya. Not thrilled with that management, but pretty much locked in; I will have to start making withdrawals next year, we'll see how it goes.

For 22 years I also worked for the State as a "part time contractor," and was required to contribute to yet another 401K-like thing...this was managed buy a number of different companies, seemingly the State put the contract out to bid every so many years. The last players were juicers called "Empower."

I had an awful time trying to get my "retirement" money out of them once I left State service; it took a phone call to the State house, and luck that I got just the right lady, to start my monthly payments. As far as the State was concerned, I did not exist any more, but no one at Empower would answer a phone or message. I'd love to know what this kind lady told them, because they snapped to after that!.

I now see Empower ads on TV; my unconsidered opinion, avoid them like the plague!
 
We use Equitable advisers, a top Fortune 200 company My son has done his magic and we couldn’t be happier . He hae made us way more than Charles Schwab ever did . He is a licensed agent and series 7 qualified , stock , bonds and retirement . He is manly a retirement specialist and retirement planer .
 
A story:

When my mother passed away in 2012, she left me and my siblings her stocks and money market account. I left my share with her firm. A few years later, our broker retired, and the account was transferred to another agent. I was at a relative's party, and met someone who also worked for the sane brokerage company, and told him who our broker was.

Fast forward to 2019, I was getting tired of the annual fee for the account, plus transaction fees. Another company was offering free self-directed accounts, plus 5.1% interest on deposit accounts, so I moved everything over.

About 3 months later, I got a text from the gentleman I had met at the party, informing me that my broker at the previous firm was no longer with the company. I replied that I had moved my accounts.

Out of pure curiosity and being nosy, I googled the old broker's name. Seems he was involved in a multi-million dollar lawsuit concerning "shady" stock deals, etc.

After reading the "Fisher Finance" thread and the resurrection of this one, I googled his name again today. He now own his own finance company.

No thanks. I'll handle my own finance.
 
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