Bill Grous is the Managing Director and Client Advisor at Alex Brown, a division of Raymond James. He has been working in the finance sector for more than 30 years and has served many clients. But don’t let his credentials fool you. His team of advisors is quite incompetent. They have offered terrible results in the time I have worked with them. I don’t think anyone should waste their money paying Bill Grous and Alex Brown.
I think my decision to work with Bill Grous from Alex Brown was a horrible one. It is a huge regret of mine and I think many people would agree that Bill’s team is not a competent one. If you’re someone looking to work with Alex Brown, I would suggest that you avoid those people and especially Bill Grous.
The returns I have been getting from Bill’s suggested investments have been quite disappointing. In fact, I hadn’t expected such poor performance from Alex Brown ever. I thought they would provide me with great returns through their team of experienced advisors and finance professionals. But I guess I was wrong. I expected more from those people and they have been a huge disappointment. There are many financial advisors in the area so it’s not like Bill is the only person out there. It’s surprising how he hasn’t tried to review his team’s work in so long. To be honest, it’s quite saddening because Raymond James is a very reputed name. Bill Grous, through his careless behaviour, is putting a bad name to Raymond James wealth management.
I have tried to share my discontentment with the returns I have gotten from my investments but my efforts have been of no avail. To keep matters clear, I even sent an email to Bill Grous some time ago as a client. However, I didn’t receive a response there which increased my disappointment with Alex Brown further. Their performance has been poor throughout recent times and I don’t think I can suggest them to anyone. Alex Brown seemed like a great company to me before. That’s why I chose to work with them. If I had known that their Managing Director and staff would deliver such terrible results, I wouldn’t have worked with them at all.
Several of my friends have financial advisors. They all have received substantial returns on their investments whereas I’ve been getting poor returns. Many of them have suggested that I switch advisors. So you can imagine my position. I’m stuck with Bill Grous and his team of incompetent advisors who fail to provide good returns to their clients.
What is the role of a financial advisor?
For payment, a financial advisor offers clients financial assistance or recommendations. Financial advisors, often known as advisers, offer a wide range of services, including investment management, tax preparation, and estate planning.
The way his staff handled my complaint has shown me their true colors. It’s clear that they don’t care about their clients. They worry about their portfolio size so they can attract more clients. If you’re someone who wants to start investing and thought working with Alex Brown would be a great idea, this review is for you. Avoid Bill Grous and his staff.
Having a bad financial advisor can be quite detrimental to anyone’s financial well-being. It adds more stress and pressure to your life because you keep losing time. You think you’re getting something for your investments but the thing is, you could’ve made much more money if you had the right advisors. Working with Alex Brown has only added regrets. They have wasted so much of my time that I can’t even start explaining my discontentment. If I could, I would start over and find someone else to invest my money. Those people aren’t worth the fees they charge.
This is another huge problem with Bill Grous. He charges a lot for his services. I think he is one of the most expensive financial advisors in the region. Having the affiliation of Raymond James has helped his brand so he can charge more. If he and his team had delivered satisfactory results, I wouldn’t have had any complaints against his fees. In fact, I would have been glad to pay him. But after seeing the reality of his claims and the performance of his team, I don’t think they are worth the money.
Again, I would recommend the readers of this review to avoid doing business with Alex Brown and Bill Grous.
Bill Grous and his staff don't seem to care about their clients. It seems as if they focus more on their earnings, than their clients' interests. Clearly, they are not worth anyone' investment.
- Disappointing results
- Are not worth the money they charge