About us
See website for other details.
Services we offer
Annuities, Auto Insurance, Disability Income Insurance, Financial Planning for College, Home Insurance, Life Insurance, Mutual Funds, Planning Your Estate, Term Life Insurance, Universal Life Insurance, Whole Life Insurance.
Reviews
1.01 Reviews
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Showing 1-1 of 1 reviews
Reshma-Shaukat K.
Sep 2013
Financial Planning
First of all, this AL Devji guy is nothing but a crook and one pathetic liar. He forcefully sold me a whole life policy for his high commissions. No one should buy a whole life policy as there is lots of hidden internal charges in that investor would never understand. Charges can run up to 3.5% annually and that would eat up the investment part of the life insurance. Best way to get a life insurance is term life from the low cost provider.
Al devji sold us 529 plan from Fidelity and the charges were 5% upfront and 2.75% annually. You can open up a 529 plan directly from Fidelity, Vanguard, T Rowe etc without any upfront fees and only 0.25% annual charge.
Al Devji sold us annuity with all the wrong information. We lost a fortune.
AL Devji sold us a managed account and the fund charges were 1.25% and management charges were 1.50%. Total charges were 2.75%. Ridiculous. You can get same funds directly from Vanguard, T Rowe, Fidelity, Schwab or any other low cost provider fot less than 0.15%. Just ask for index funds. You do not need money managers, they are just a high paid commission agent for big companies without any knowlege.
AL Devji invested our IRA money in Annuity just to get higher commissions. IRA money should never be invested in annuity as they both are tax shelters. Why do i need to pay extra for annuity for tax shelter when i do not need, Ira is already tax sheltered.
.I would definitely stay away from this AL Devji character or any other money manager. Invest direct, it is no brainier.
Al devji sold us 529 plan from Fidelity and the charges were 5% upfront and 2.75% annually. You can open up a 529 plan directly from Fidelity, Vanguard, T Rowe etc without any upfront fees and only 0.25% annual charge.
Al Devji sold us annuity with all the wrong information. We lost a fortune.
AL Devji sold us a managed account and the fund charges were 1.25% and management charges were 1.50%. Total charges were 2.75%. Ridiculous. You can get same funds directly from Vanguard, T Rowe, Fidelity, Schwab or any other low cost provider fot less than 0.15%. Just ask for index funds. You do not need money managers, they are just a high paid commission agent for big companies without any knowlege.
AL Devji invested our IRA money in Annuity just to get higher commissions. IRA money should never be invested in annuity as they both are tax shelters. Why do i need to pay extra for annuity for tax shelter when i do not need, Ira is already tax sheltered.
.I would definitely stay away from this AL Devji character or any other money manager. Invest direct, it is no brainier.
Licensing
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FAQ
Devji Wealth Planning is currently rated 1.0 overall out of 5.
No, Devji Wealth Planning does not offer free project estimates.
No, Devji Wealth Planning does not offer eco-friendly accreditations.
No, Devji Wealth Planning does not offer a senior discount.
No, Devji Wealth Planning does not offer emergency services.
No, Devji Wealth Planning does not offer warranties.
Devji Wealth Planning offers the following services: Annuities, Auto Insurance, Disability Income Insurance, Financial Planning for College, Home Insurance, Life Insurance, Mutual Funds, Planning Your Estate, Term Life Insurance, Universal Life Insurance, Whole Life Insurance.