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Originally Posted by 784caroline
Are you a client of Fross and Fross??? If so and you do not want REITS and Annunities talk with them.....they will listen. If your not a client and your repeating hearsay, I have been with them for more than 5 years..and I have never had a REIT or an Annuity in the account. Yes they were discussed but we simply moved on to other subjects. Everyone's financial situation, risk tolerance and goals are different. They do offer REITs and Annuities but these would be for the more income oriented and risk adverse accounts.
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I was a client and they did not act as a fiduciary and gave me horrible advice. I trusted them and found out later exactly what they steered me too. They specifically tell you they will take all the worry away so you can enjoy your retirement. What they take is a fee on top of recommending things they get commissions on. Why would I go to someone I can't trust to be doing the right thing by me? I now manage my own again. But if you like them, good for you.