Complaint History & Business Rating for Gwn Securities Adm

38 Linden Ln, Farmingville, New York, 11738, United States.

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  • Commented By:Edgar J.
  • Recommended:No
  • On:22-Oct-2016
Edgar J. says: My wife and I have been in the process of consolidation various IRA's, 401K's, and 403B plans from former employers and our personal IRA's to one firm. In total, these transfers have involved seven different firms. We have successfully rolled over six of the seven accounts as requested, the only exception has been the accounts held at GWN Securities. We started this process on August 26th of this year and as of this date still have not been able to get the funds transferred from GWN. They are requiring permission from my wife former employer from ten years ago even though she is over 59 1/2 and there will be no tax consequences. When we explained that other 403B's transferred smoothly and without a bunch of onerous requirements they treated us as uneducated clients who didn't understand how things work. We understand exactly how things work, don't invest your money with these people, it's too difficult to withdraw it when you need it.
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