Glassman Wealth Services Review 2023
Poor Returns on Investments
Glassman Wealth Services is a wealth management firm based in Virginia. Glassman Wealth Services claim to focus on their client’s financial success but they lack the skill to deliver. My experience with these financial planners has been quite disappointing. While everyone else was making great profits, I was getting poor returns all because of the incompetence of these people. Financial planners are supposed to help you make better financial decisions but I don’t see that happening here. No, they don’t focus on helping you thrive. I think they judge investments according to the commission percentage they are going to make.
If I had the option to leave their services, I would’ve left them months ago. Their financial advisors remain ignorant of recent developments and usually act as if they don’t care. I think this is unprofessional and the leadership at Glassman Wealth Services should take action. But those people have been disappointing too.
Can you expose the broker trying to trick you?
FINRA offers the free web tool BrokerCheck, which allows users to check a broker’s credentials, registration, and employment history. The disclosure part of BrokerCheck includes information on client conflicts, disciplinary proceedings, and specific financial and legal issues on the broker’s record.
Glassman claims to offer uncommon financial expertise to clients. Their advice is uncommon because many inexperienced financial advisors offer much better advice than them. You’d rarely get good financial advice from the advisors at Glassman Wealth Services. Believe me, I’m speaking from experience. It took me a long time to figure out that most of what these people were telling me to do was outright bad.
They are selfish and only care about their interests, not their clients. This is a huge red flag and ever since I made this discovery, I have been very disgruntled with these people. I’m even thinking of approaching FINRA against this firm. However, I don’t know how to go about that process and whether I’d be able to do that anonymously or not.
If you’re looking to hire financial advisors then please remain skeptical. Don’t trust them blindly. They might be experts and have all the credentials out there but that doesn’t necessarily mean that they have your best interests at heart. They might take advantage of you. I recommend learning about finance and becoming proficient in investing yourself.
That has helped me more than trusting the people at Glassman Wealth Services. I know that not everyone has the time and resources to invest in themselves. That’s why I’m writing this review. I hope people who require financial advisory services would at least know that they shouldn’t hire this specific firm.
The biggest reason why I don’t recommend these people is that they deliver:
I have received very disappointing returns from the investments these people recommended to me. If I had known that they would offer such poor results, I wouldn’t have paid them this much.
Glassman Wealth Services is highly expensive and considering how poor their advice is, I don’t think they are worth the money. With that kind of money, you can easily hire a much more proficient and skilled group of financial experts. There are many financial planners in Virginia, and Glassman isn’t the only one out there. Still, it would be more beneficial to avoid the risk of financial planners altogether. My experience has taught me that they aren’t necessarily ethical people and they don’t care about you as much as they care about their commission.
Many people have received astounding returns on their investments during the pandemic. Some of the friends made better profits with much smaller advisory firms. So imagine how I would have felt when I found that out. They were making more profits with more inexperienced finance professionals. While I was getting terrible returns while paying some of the highest commissions and fees to my financial advisors.
Glassman Wealth Service Review: Conclusion
If you’ve read my entire review, you probably know what I’m going to say here. I don’t recommend doing business with Glassman Wealth Services. Those people are selfish and greedy. They are incompetent and don’t remain updated with the recent industry developments. Many smaller financial advisory firms have performed better than these expensive planners. My experience has been quite painful and I don’t think anyone should waste their money by doing business with these people.
Glassman Wealth Services has offered poor financial advice to me only. I don't suggest working with advisors who can't offer satisfactory results.
- They don't care about their clients
- Careless attitude towards client's success
- They give selfish financial advice