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That is where 1st Command makes their money, people paying old man rates while young, and front loaded fees for investments. I wouldn't call them predatory, as they are performing a service, That service is setting you off on a road towards good long term financial decision.
Read customer reviews of First Command Financial Services, a company that coaches military families on financial security. See mixed feedback, including positive and negative experiences, and company's response to complaints.
16 paź 2023 · View customer complaints of First Command Financial Services, Inc., BBB helps resolve disputes with the services or products a business provides.
First command - they don't charge fees, because you're the product. They get kickbacks for selling you on pretty meh financial products. I went through them in the mid 00s and my fund had an overall return of -1% after they took out fund management fees.
I was roped in to going to a meeting with a financial advisor through First Command, which as far as I can tell, offers free "coaching," as they call it, to active duty military members. I feel fairly confident in my financial situation, and didn't gain too much from the meeting, but wanted to see what your thoughts were, both on the company ...
30 maj 2024 · According to the Federal Trade Commission (FTC), the military community reports losing more money to scams than civilians, with a median loss of $750 compared to $500.
1 sie 2008 · After a flurry of nationwide investigations and congressional hearings, First Command Financial Planning, which sold the high-fee investments, was fined $12 million for making misleading...
