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melissa R

1 reviews | Active since Jan 2018

27 Nov 2023, 10:34

Admin fees for trust investments

We have had a period of over a year and a half working with the Attooh financial advisors and I am completely appalled with the way they handle their admin costs - only once something is completed do we receive what the fees are. They are currently handling my sons trust which means they can invest in whatever pleases them but them take out admin fees of R20000 for getting 3 quotes. This is just a kid and I feel like if told upfront I could of done the admin so my child can keep his full inheritance. I feel like this was not explained properly as well to the Grandfather who has left this inheritance for his grandson . Had he known this he would have never left any company who can control this and take random fees for easy admin. As a parent we need to protect our kids from people like this they sell you a peace of mind knowing your loved ones will be taken care off but they never divulge the costs involved for this . Be careful when leaving these people in charge of your kids trusts its never what it seems.

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Replies (1)
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melissa R's update05 Dec 2023, 21:54
Reviewer Update
To date no response from this company ......pathetic service