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Suntrust Bank managed investment accounts?


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maha22
PostPosted: Mon Aug 23, 2010 5:01 pm Post subject: Suntrust Bank managed investment accounts? Reply with quote

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I deal with Suntrust Bank in Florida and would like an opinion on whether people think if Suntrust's managed investment accounts are worthwhile.

For example, Suntrust has an investment side where you can decide what mutual funds you would like based on personal preference, load fees, yearly expenses, etc. and it is up to you to decide how your money mix is invested. They also offer a managed investment account where the mutual fund mix is tailored to your investment style (conservative, balanced, aggressive, etc.). This allows you not to have to worry about re-allocating your funds periodically yourself.

They manage your account for 1 to 2 percent per year. I was wondering if there was a ranking of bank managed investing firms that could give me a ballpark figure as to whether Suntrust's fees were excessive based on the benefits involved.
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nancyportman
PostPosted: Thu Feb 10, 2011 7:40 am Post subject: Reply with quote

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