L & M Financial Services

I was referred by a co-worker, and I got excellent service, and great advice. more

I've been a satisfied investor with L&M for 26 years. They've always given me good advice, and they recently added an in-house CPA. more

With retirement fast approaching , I recently met with financial advisors from five local firms. I eventually chose the rep from L&M Fianacial in Amherst because he seemed to be the most knowledgeable, professional, and unbiased of the five. The first two people I met with turned out to be "agents" of big insurance companies, one guy I met with wanted to charge both fees for his advice, and commissions on the products he "recommends", and the other "advisor" i saw was obviously clueless about my benefits and pension as a government employee. The L&M rep had thousands of mutual funds to choose from, as well as all the big insurance company's products (even those offered by the first two "insurance agents" I had met with). I liked the fact that L&M is a local, family owned business, and was pleased to learn that my new L&M broker actually has a degree in Federal employee benefits. I suggest you save the time, and call L&M first. more

This financial group does not have very good customer service and is basically out to make as much money as possible but at the expense of the customer. I had a very poor experience with this company. The monthly statements they provided for the account was very confusing. When asking the company what various numbers and abbreviations meant they had a hard time explaining and interpreting the information. Eventually it was figured out that they were perpetually shifting money around and charging a fee each time. Shifting the money almost weekly if not more frequently so any profits seen where almost undoubtedly spent on the shifts from one fund to another. I would not put my money back in this institution. more