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Trident Group Acess to my 401k with promises of helping me find new employment Internet
In December my company informed us they were closing our plant at the end of March 2009.The first mistake I made was to post my resume on Monster. Trident Group called me and I talked with a Eric Nordquist who acted like my best friend and how he was going to help me with my job search and how he was going to find opportunities for me and email them to me and we would discuss them weekly and by the way how they had a partnership with a firm that would help me with my 401 k that I would be required to take out once I was terminated and how he would call after this person left to see how it went.
Well the 401K rep was named Rob Robinson and he came to my home a few days later to help me decide which options I should utilize with my 401K.
Even though I was employed with this company 38 years which they knew from my resume they assumed I had 38 years of contributing to it.Actually we only had 5 years as we had a defined benefit plan before.I have not heard from either one from that day to now.I emailed Eric 4 days about his lack of help and service with no replies.
STAY AWAY FROM THE TRIDENT GROUP AS ALL THEY WANT IS TO GET THEIR HANDS ON YOUR 401K.
PAP
MCKEESPORT, Pennsylvania
U.S.A.
3 Updates & Rebuttals
Withheld
Somewhere,Michigan,
U.S.A.
Same thing happened to me exactly as described
#4Consumer Comment
Fri, March 13, 2009
I am currently unemployed and posted a resume on all the major job sites. I was contacted by someone from Trident and they identified themselves as recruiters in Minnesota and asked if I was interested in utilizing their help in finding a new job. Of course, I agreed, and was then referred to Eric Nordquist who discussed my resume and told me he would be acting as my recruiter and would provide me a few jobs leads every week. He asked me about my 401K and told me they also had a service to provide financial advice to people in a similar situation as mine. He was upfront enough to tell me they receive their compensation from employers and also from the financial services; he then made an appointment for a financial advisor to meet me at home and just asked that I have an open mind regarding the incvestment opportunities.
I did receive a couple job leads from Eric in the next week, but one I had already applied to, the other was not very close to my field, and they were pulled from Monster, Career Builder etc.
I was met at home the next week by Brad White, the financial advisor, and he discussed my 401K,the recent drop in value and how he could offer a great option of a Fixed Index Annuity that would be good for my situation. On first impression, Brad seemed like a prettty decent person, and I told him it sounded like a good plan, but I wanted to do my own research and I would let him know. Not surprisingly,I kept hearing from Brad every week asking me when I was ready to invest and how the stock market was going to continue to decline, but heard nothing from Eric concerning a job.
Finally after a month, I expressed my frustration to Brad that he seemed to be able to call me every week, but that I was disappointed with Eric's lack of job leads. Naturally, 15 minutes after hanging up with Brad, my phone rings and Eric apolgizes and acts surprised since he had "Sent an e mail last week; can't believe I didn't get it, but will resend" etc. Not only did he lie about sending it the first time, that new e mail had no job leads I hadn't already seen myself. That was seven weeks ago, and I have not heard back from him since.
Brad White however has continued to call me every week or two to ask me when I was going to make up my mind, emphasizing how much the stock market had declined further, and how his annuity was such a great option for me. I am not a real savvy investor and stalled for awhile because I wanted to investigate annuities a little more, but he kept calling. I finally decided that I was not prepared to make any changes right now and told him I would let him know if I changed my mind. None the less, he still manages to call me every couple weeks or so. Even before I read this report, I had decided the whole thing started to sound like they were trying to take advantage of unemployed people and that I would not be investing with Trident.
Withheld
Somewhere,Michigan,
U.S.A.
Same thing happened to me exactly as described
#4Consumer Comment
Fri, March 13, 2009
I am currently unemployed and posted a resume on all the major job sites. I was contacted by someone from Trident and they identified themselves as recruiters in Minnesota and asked if I was interested in utilizing their help in finding a new job. Of course, I agreed, and was then referred to Eric Nordquist who discussed my resume and told me he would be acting as my recruiter and would provide me a few jobs leads every week. He asked me about my 401K and told me they also had a service to provide financial advice to people in a similar situation as mine. He was upfront enough to tell me they receive their compensation from employers and also from the financial services; he then made an appointment for a financial advisor to meet me at home and just asked that I have an open mind regarding the incvestment opportunities.
I did receive a couple job leads from Eric in the next week, but one I had already applied to, the other was not very close to my field, and they were pulled from Monster, Career Builder etc.
I was met at home the next week by Brad White, the financial advisor, and he discussed my 401K,the recent drop in value and how he could offer a great option of a Fixed Index Annuity that would be good for my situation. On first impression, Brad seemed like a prettty decent person, and I told him it sounded like a good plan, but I wanted to do my own research and I would let him know. Not surprisingly,I kept hearing from Brad every week asking me when I was ready to invest and how the stock market was going to continue to decline, but heard nothing from Eric concerning a job.
Finally after a month, I expressed my frustration to Brad that he seemed to be able to call me every week, but that I was disappointed with Eric's lack of job leads. Naturally, 15 minutes after hanging up with Brad, my phone rings and Eric apolgizes and acts surprised since he had "Sent an e mail last week; can't believe I didn't get it, but will resend" etc. Not only did he lie about sending it the first time, that new e mail had no job leads I hadn't already seen myself. That was seven weeks ago, and I have not heard back from him since.
Brad White however has continued to call me every week or two to ask me when I was going to make up my mind, emphasizing how much the stock market had declined further, and how his annuity was such a great option for me. I am not a real savvy investor and stalled for awhile because I wanted to investigate annuities a little more, but he kept calling. I finally decided that I was not prepared to make any changes right now and told him I would let him know if I changed my mind. None the less, he still manages to call me every couple weeks or so. Even before I read this report, I had decided the whole thing started to sound like they were trying to take advantage of unemployed people and that I would not be investing with Trident.
Withheld
Somewhere,Michigan,
U.S.A.
Same thing happened to me exactly as described
#4Consumer Comment
Fri, March 13, 2009
I am currently unemployed and posted a resume on all the major job sites. I was contacted by someone from Trident and they identified themselves as recruiters in Minnesota and asked if I was interested in utilizing their help in finding a new job. Of course, I agreed, and was then referred to Eric Nordquist who discussed my resume and told me he would be acting as my recruiter and would provide me a few jobs leads every week. He asked me about my 401K and told me they also had a service to provide financial advice to people in a similar situation as mine. He was upfront enough to tell me they receive their compensation from employers and also from the financial services; he then made an appointment for a financial advisor to meet me at home and just asked that I have an open mind regarding the incvestment opportunities.
I did receive a couple job leads from Eric in the next week, but one I had already applied to, the other was not very close to my field, and they were pulled from Monster, Career Builder etc.
I was met at home the next week by Brad White, the financial advisor, and he discussed my 401K,the recent drop in value and how he could offer a great option of a Fixed Index Annuity that would be good for my situation. On first impression, Brad seemed like a prettty decent person, and I told him it sounded like a good plan, but I wanted to do my own research and I would let him know. Not surprisingly,I kept hearing from Brad every week asking me when I was ready to invest and how the stock market was going to continue to decline, but heard nothing from Eric concerning a job.
Finally after a month, I expressed my frustration to Brad that he seemed to be able to call me every week, but that I was disappointed with Eric's lack of job leads. Naturally, 15 minutes after hanging up with Brad, my phone rings and Eric apolgizes and acts surprised since he had "Sent an e mail last week; can't believe I didn't get it, but will resend" etc. Not only did he lie about sending it the first time, that new e mail had no job leads I hadn't already seen myself. That was seven weeks ago, and I have not heard back from him since.
Brad White however has continued to call me every week or two to ask me when I was going to make up my mind, emphasizing how much the stock market had declined further, and how his annuity was such a great option for me. I am not a real savvy investor and stalled for awhile because I wanted to investigate annuities a little more, but he kept calling. I finally decided that I was not prepared to make any changes right now and told him I would let him know if I changed my mind. None the less, he still manages to call me every couple weeks or so. Even before I read this report, I had decided the whole thing started to sound like they were trying to take advantage of unemployed people and that I would not be investing with Trident.