Based on authentic user experiences
Randall D
6727 reviews
N/A
4 months ago
Ignorance and Arrogance
Had the misfortune of being forced to use this company as an IRA custodian for a LendingClub IRA Their legal team is as arrogant as they are ignorant After over two years of back and forth and delaying they completely ignored a certified probate filing that declared the IRA should be distributed between 4 designated heirs and instead distributed it to a Living Trust thereby causing the immediate taxation of the proceeds The heirs should have had the option to defer taxation of these beneficiary IRAs for up to 10 years Thanks to Forge s incompetence that was no longer an option despite our repeated attempts to educate them Don t walk away from them RUN RUN FAST RUN FAR
Customer
6727 reviews
N/A
4 months ago
Horrible company
Horrible company My money from lending club landed in their lap once LC shut down retail operations I wanted to move it to a real custodian and it took me 6 months of submitting the same paperwork over and over All the while they started charging quarterly fees and finally a 175 termination fee which I never agreed to They are everything wrong with money management companies
Mike Wilson
6727 reviews
N/A
4 months ago
Fees due from an individual with no account
They send out what can be described as a demand letter They threaten fees on the mgr of an LLC not associated as a Forge account holder And then there is absolutely no response from Forge when questioned about the letter How can they impose fees on an individual that is not an account holder in their company