- Report: #703130
Complaint Review: Scottsdale Capital Advisors - Paradise Valley Arizona
Reported By:
Jim -
Laguna Beach, California, United States of America
Submitted:
Updated:
-
Author Not Confirmed
Why?
Scottsdale Capital Advisors
7170 E. McDonald Drive, Suite 6 Paradise Valley, 85253 Arizona, United States of America
Phone:
480-603-4903
Web:
Categories:
Business Rating:
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Scottsdale Capital Advisors Justine Henry, John Henry, Nick O'Neil, Timothy Scarpino Normal commission charges were $8.50, they charged $1094.34 Paradise Valley, Arizona
In less than two years, I made over 800 trades with one of their broker reps. The day after they terminated the rep, I placed two trades, each for 1000 shares. This was with the newly assigned broker rep. One trade they charged $8.95, the second they charged $1094.34. They claimed the higher fee was because I called in the trade as opposed to placing it on line.
Previosly I had called in many trades and was always charged the normal fee. The new rep never told me about any exorbitant fee or certainly I would not have placed the trade. When I discovered the amount charged, I assumed it was just a simple typo type mistake. After making several calls to resolve the issue, I was told that the higher fee was correct and that was what they were going to charge me.
Previosly I had called in many trades and was always charged the normal fee. The new rep never told me about any exorbitant fee or certainly I would not have placed the trade. When I discovered the amount charged, I assumed it was just a simple typo type mistake. After making several calls to resolve the issue, I was told that the higher fee was correct and that was what they were going to charge me.
