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  • Report:  #367774

Complaint Review: Jesse Purves - Ameriprise Financial Services

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

  • Reported By:
    Windham Maine
  • Submitted:
    Thu, August 28, 2008
  • Updated:
    Thu, December 03, 2009
  • Jesse Purves - Ameriprise Financial Services
    16 Casco St,
    Portland, Maine
    U.S.A.
  • Phone:
    800-862-7919
  • Category:

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
Windham, Maine
U.S.A.

3 Updates & Rebuttals


Anonymous

Windham,
Maine,
U.S.A.

Jesse Purves

#4Author of original report

Thu, December 03, 2009

Report Jesse Purves to FINRA...they are watching him!


Wesley

British Columbia,
Canada

Jesse has lots of complaints filed against him with the BBB

#4Consumer Comment

Sat, October 24, 2009

Due to his unprofessional mannerisms, his lack of regard for others and his obsession with money, it was only a matter of time. He attempted to rip me off back in July because he thought I'd be an easy target. When I began discussing mutual stock funded banking institutions, he quickly knew what he was up against. I paid $1500 the day I met with him, and this didn't happen until 4 days later. Needless to say, he did NOT refund my payment, he will NOT return my calls and will not reply to my emails. If it weren't for the money, I would view the situation as humorous but Jesse is a CRIMINAL and a THIEF and he needs to be punished for his actions!!?ta>


Just Browsn

Dedham,
Massachusetts,
U.S.A.

did you recieve a written financial plan?

#4UPDATE EX-employee responds

Thu, November 06, 2008

Did you recieve a plan and if so was it for annual planning fees renewed every year?

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