- Report: #1478075
Complaint Review: Robert Alpert - Woodbury NY
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Author Confirmed
Why?
Robert Alpert
88 Froehlich Farm Blvd Woodbury, 11797 NY, United States
Web:
https://home.wellsfargoadvisors.com/robert.alpert
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Robert Alpert Wells Fargo Advisors Rob Alpert Does trades without getting authorization from his clients, churns accounts and hides large fees Woodbury NY
Robert Alpert has managed my money for years and I trusted him. I found out that he was placing trades without telling me and charging ridiculous high commissions on those trades. He also bought Unit Investment Trusts in my account without telling me that the fees are ridiculously high.
To make things worse, he would then sell those Unit Investment Trusts not long after he bought them and would double collect fees. He does the same things with bonds - he will buy them for you and then without telling you he will sell them and replace them with a similar bond so that you are charged double.
He is not to be trusted and if you have your money with him you should run. If you are thinking about giving him your money to manage find someone else. Bottom line this is a bad guy. If you find that he has done this to you, hire an attorney like I did and you hopefully will be able to collect damages.
