“Here it is. The VUL average return was below 4 percent although the guarantee was 4 percent Bill inflated the projection at every meeting around 9 percent for the entire time he Managed the account . Clearly a misleading tactic and lie so he could get his commission. I have all of his hand written notes for proof. Paper is proof. Someday it will catch up to him…………………………….shameful………………Ameriprise acknowledge the product he sold and managed performed poorly, yes I have that document to. The offices do not care he lied and refused to share any info with me. I switched advisors for a second opinion a d they said the offices locked them out of the account and they could not help. ……………….breach of fiduciary and contract all the way up the ladder………………………….. Bynum advised an 82 year single mother of five, worked 30 years, trusted him with her entire savings and he advised her out of 47,000.00. Yes forty seven thousand. What a lesson. Had to pick a star to rate and review. Zero stars and do not recommend. I'm filing a complaint with amerprise for a full investigation. See how they respond. Then securities and exchange and any other Avenue available. So be careful. This has happened with the Amerprise practice owned by William L Bynum, Trenton Michigan. He has crushed the family with his financial advising. Financial Advisor William L Bynum 47,000.00 loss in Trenton Michigan.As I pull teeth to learn . . . Stopped the bleeding at about 43000.00.Bill, I called and left message. We just want the money back . .Hey Bill,Even though Ameriprise refused to discuss the bogus VUL with us I think I finally put it all together. Now I know why you and Ameriprise are so defiant. I calculated that you and Ameriprise duped my mother out of over 454,400.00. This is based on your inflated calculations, hand waiving illustrations, and misleading sales tactics, refusal to share material facts, breach of fudiciary responsibilities and empty promises. Thats pretty outrageous . . . You are a very unethical human being taking advantage of a 70 year old retired woman. Everybody I talk to about Ameriprise seems to have the same impression that the Ameriprise corporate culture is unethical. Thanks for reinforcing this behavior . . . Someday, someone will reveal how you dupe people. I'll just keep sharing the story and eventually it will go full circle. Taking advantage and hurting people makes you a very very bad man. You have no right to do this to people that offered you complete trust.We are always here and willing to meet with you and Ameriprise in Southgate to discuss this entire financial flogging!I received a copy of your personal handwritten notes that prove he mislead us and lied about the VUL policy. I now have physical proof of your deliberate lies and the Ameriprise cover up. Collusion and fraud.“
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