Quote:
Originally Posted by VICAR OF DIBLEY
At this time I am doing research on what options I have. At the same time beginning to make a list of questions.
I have not received any phone calls from Michael Whitaker. Apology - since I have not received a call I don’t know if they have any remote feelings of responsibility.
They are in business to make money, granted that is what businesses are for, since I have NOT received any phone calls from Michael Whitaker’s office - I feel they put making money before being professional.
Your statement about Michael Whitaker responding as a professional, lack of communication from Michael Whitaker says a lot about him and his firm being professional.
At this time I feel taken advantage of because I trusted them. I was verbally guaranteed that everything would be accomplished.
I also wonder if their lack of follow up in this matter has to do with my age - I am 80 years old.
Am I a “sitting duck”, is the question I ask myself because I am elderly.
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It seems obvious that you are working with a firm that is not responsive to your requests. You may have difficulty transferring your securities to another firm as they may drag their feet (my previous experience). Being older may or may not have anything to do with that; however, if you have significant securities, they won't want to lose a long-term client. You can check on the FINRA website to see if the broker is registered. (google: FINRA). They also have a way to manage complaints which it seems that you don't have available to you. They can also tell you if the broker, who should be registered with FINRA, follows recommended practices.
That all said, please don't advertise your age as it could cause others to target you. We're all getting older, but hopefully, we're all getting smarter.