Key Investment Services LLC Tiedeman Rd, Brooklyn

Key investments slows the process of dispersing money to beneficiaries. You would think they have never had one of their investors die. Would not recommend using them for annuities. They drag out the process for months!

I’ve always been a DIY kind of investor. When I sold a house I deposited a decent amount of money in my Key Savings account as a short term stop. I was approached about starting a managed financial account. Since I had no real experience as an investor I thought it would be nice to get some professional guidance (my parents had done quite well with their advisor). 2+ years later the account is up 9% per year on average. Not terrible on its own. However my self managed account is up 25% per year on average. Even just an S&P 500 index found would have generated around 14% on average these last two years. If you want to do better than a savings account this is okay, but for a professionally managed account I was hopeful it would have better returns then my zero experience managed accounts. Honestly it felt as if I needed to guide them, which defeated the purpose. At 1% of your balance as a yearly fee you can do much, much better. This was the Columbus, Ohio location. Just buy an index fund after a little research on the hottest sectors and check on it for 2 hours, twice a year.

Worst experience ever. My personal banker in Aurora CO recommended me a lady named Amy Burhans. She "explained me " what they would do with my money to make it grow. She promised me a lot of things and never said anything about fees or losing money. I guess it was kind of my fault. I should've done some searching about investments before but Amy really convinced me with everything she said. She was like the nicest person and I really trusted her. At the end I lost almost $2000 dollars that's money that I really worked hard to get so I was really mad. I was trying to talk to Amy about what happened but she didn't work here anymore. I tried to talk to another consultants and all they said was that they couldn't do anything about it. I ended up closing all my accounts at key bank in general investments, savings and checking. Never trust these guys. I don't recommend key investment services at all.