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The Mutual Fund Store, LLC Logo

The Mutual Fund Store, LLC

United States
Customer Care
Phone:(800) 375-3000
 
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The Mutual Fund Store, LLC Complaints & Reviews

The Mutual Fund Store - Skull Duggery

Posted: 2011-07-22 by    King 4 Ever
Complaint Rating:  37 % with 46 votes
I must take exception and voice my opinion of what I hear from this radio program. All they ever say is the market is going to go up and you need to be fully invested in stock and bond mutual funds. The voice tells you they will find the best mutual funds for you. But I am here to tell you,...
Complaint comments Comments Complaint country United States Complaint category Savings & Investments

The Mutual Fund Store - Iowa - Radio Show

Posted: 2011-07-15 by    Zambroski
Complaint Rating:  86 % with 21 votes
This show is new in my city. The first couple weeks I thought it was about "advice" and investing. Then it became apparent that this is a commercial for this business. I don't quite get why anyone needs someone to find mutual funds and pay them thousands of dollars to do it. There...
Complaint comments Comments Complaint country United States, Iowa Complaint category Savings & Investments

The Mutual Fund Store - Wrap Account Warning

Posted: 2011-06-24 by    Morti Quinn
Complaint Rating:  76 % with 21 votes
Adam Bold's Mutual Fund Store is a network of franchisees who operate under the guise of calling themselves, "financial advisors". But in my mind a financial advisor should do a lot more than just press a couple buttons and print out a pie chart, fill out contracts and paperwork...
Complaint comments Comments Complaint country United States Complaint category Savings & Investments

The Mutual Fund Store - Time to tell the truth

Posted: 2011-06-23 by    Be Honest Bold
Complaint Rating:  100 % with 13 votes
For some stupid reason I listen to Bold's commercial/radio show every Saturday. Probably because I'm just too lazy to change the radio station and it comes on automatically with my coffee maker. I'm not a client, and not a competitor. I've never met any0ne from the company...
Complaint comments Comments Complaint country United States Complaint category Savings & Investments

The Mutual Fund Store - "Special" Algorithms

Posted: 2011-06-02 by    Orinthal
Complaint Rating:  63 % with 8 votes
Adam Bold says they use "special" algorithms to manage money. I suggest you run away from any money manager who uses the phrase "special algorithims". AIG was using special algorithims as was Long Term Capital Management, as was Lehman Brothers, as was Bear Stearns. Need...
Complaint comments Comments Complaint country United States Complaint category Savings & Investments

The Mutual Fund Store - Stealing Packets of Sugar

Posted: 2011-05-31 by    Captain_Queeg
Complaint Rating:  63 % with 16 votes
Bold loves analogies. He compares investment managers to quarterbacks, golfers and baseball players. A worthless analogy in my humble opinion. Bold tells the story of his grandmother who steals packets of sugar from restaurants because she lived through the depression and remembers suger being...
Complaint comments Comments Complaint country United States Complaint category Savings & Investments

The Mutual Fund Store - What are you paying for?

Posted: 2011-05-25 by    Helmut9
Complaint Rating:  100 % with 44 votes
If you open an account with them, they transfer your account to Charles Schwab brokerage. No big deal there. Schwab is great for the retail investor, that is as long as you don't have a 3rd party advisory contract in place. If you do, you don't get any of the benefits that Schwab offers....
Complaint comments Comments Complaint country United States Complaint category Business & Finances

The Mutual Fund Store - Stupidity?

Posted: 2011-05-17 by    Sweet Mo Lasses
Complaint Rating:  75 % with 16 votes
Is Adam Bold really as stupid as the things he says? I don't know. I can't believe anybody could be as dumb as the things I hear coming out of his mouth. So I give him the benefit of the doubt and assume he says the things he says to keep his clients buying his services. Anyway, some...
Complaint comments Comments Complaint country United States Complaint category Business & Finances

The Mutual Fund Store - Wastes time

Posted: 2011-04-14 by    Bad Breath
Complaint Rating:  64 % with 11 votes
The radio show they have is an hour long infomercial. They should be on in the middle of the night with the Sham-Wow's of the world. Nothing useful about this program. Don't waste your time....
Complaint comments Comments Complaint country United States Complaint category Business & Finances

The Mutual Fund Store - Kansas - Horrible Advice

Posted: 2011-04-06 by    Liquid Spoon
Complaint Rating:  67 % with 6 votes
Gold, Silver and oil have quadrupled over the last 10 years and the ENTIRE time Adam Bold has been on his weekly radio show telling people over and over not to invest money into these asset classes. His mutual funds have done absolutely NOTHING for a decade and yet this guy acts like he knows...
Complaint comments Comments Complaint country United States, Kansas Complaint category Business & Finances

The Mutual Fund Store - A Stopped Clock

Posted: 2011-03-24 by    Pete Griffin
Complaint Rating:  57 % with 7 votes
Bold says he's been pumping mutual funds on the radio since 1998. It's true. In 1998 he was blabbering on and on about technology stocks and funds. We all know how that turned out. After tech burst he started pumping financials and financial services. We all know how that turned out....
Complaint comments Comments Complaint country United States Complaint category Business & Finances

The Mutual Fund Store - A Wrapping of Deceit?

Posted:    A Dill Pickle
Complaint Rating:  70 % with 40 votes
I examined the promises this company makes. A) They say you will own the "best Funds". What is the definition of best fund? There aren't any other than past performance. Do you want to invest based on past performance? How hard really, is it to move your money to the funds sporting...
Complaint comments Comments Complaint country United States Complaint category Savings & Investments

The Mutual Fund Store - Poor Service, High Fees

Posted:    Len7110
Complaint Rating:  92 % with 26 votes
They say they pick the best Mutual Funds and always monitor them. However, most of the funds they put me in were rated poorly by Morningstar, such as 2-3 stars. When I questioned the advisor he really had no answers that made any sense. He just said those were the "best funds according...
Complaint comments Comments Complaint country United States Complaint category Savings & Investments

The Mutual Fund Store - misleading advertising

Posted:    disappointed in LaPorte
Complaint Rating:  75 % with 24 votes
Thank you, Conejos. The previous poster missed my point entirely. When I'm investing a large, 6 figure, amount and am promised personal quarterly contact, that is exactly what I expect. I'm happy that I fired the MFS and started seeing a real advisor....
Complaint comments Comments Complaint country United States Complaint category Other

The Mutual Fund Store - Scam artists

Posted:    Valerie
Complaint Rating:  75 % with 493 votes
Here is the scene. There are a group of financial planners sitting around a table and one says, 'I have an idea. Why don't we stop charging commissions and just charge a small annual management fee.' This way we will make less money and the client will make more'. The reality...
Complaint comments Comments Complaint country United States Complaint category Products & Services

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