Graves Bartle Marcus & Garrett, LLC -- Counselors and Attorneys at Law

Annuity Sales Practices

For many annuity products, the rate of return on the money invested is extraordinarily low. As a result, some investment brokers do not reveal the rate of return to prospective clients. Instead, they sell the annuity by focusing on the “benefit” of receiving a stable monthly income, sometimes analogizing the annuity to a 401K plan. Brokers often fail to fully disclose hidden fees and charges for early withdrawal of capital. Clients who fall for these sales techniques are locked into a long-term investment that may not fulfill their investment goals. If you believe you purchased an annuity product without being told all the facts, please contact us to discuss your experience. There is no fee for the initial consultation.

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