I know many people complain about Bank of America. I saw this stamp on the back of the check I wrote for my 2010 federal income tax.
Apparently the IRS took my check and deposited it in US Treasury’s account with Bank of America. It makes Bank of America true to its name.
Say No To Management Fees
If an advisor is charging you a percentage of your assets, you are paying 5-10x too much. Learn how to find an independent advisor, pay for advice, and only the advice.