McGehee Davis & Associates Review

2.3/5 - (3 votes)

This is an archive of a consumer complaint published against McGehee Davis & Associates at DirtyScam.com-

 

Business Details –

  • Name: McGehee Davis & Associates
  • Address: West 44th Avenue
  • City: Wheat Ridge
  • State: CO
  • Phone: (303) 421-0220
  • Website:
  • Reported Loss: 2356 $
  • Severity of Scam: High

 

Original Complaint against McGehee Davis & Associates published at DirtyScam.com says, verbatim –

 

My husband and I were clients of McGehee Davis & Associates for years. We were fairly happy while using them for our tax preparation.However, when Financial Planner became part of their business title, we gave them the benefit of the doubt and moved our IRAs to their recommended brokerage.We thought we could trust this company, but much to our dismay they caused one of our small accounts to lose $15,000 in 3 quarters while the other stagnated in a bull market.When asked for an accounting of the trades/investments that led to this loss, we were left with a depleted wallet, excuses that made no sense and unanswered phone calls.I would not recommend this business to manage money at any level, nor would I trust them to do something as simple as taxes. Proceed with extreme caution.

 

McGehee Davis & Associates

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