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I have a 401(k) and a taxable account at Fidelity. Previously, my Roth IRA was also at Fidelity. I've received good customer service the relatively few times that I've called them. Granted, there were several occasions where I was on hold a bit too long. Customer service reps couldn't answer my questions once or twice. The reps said they would investigate further and contact me at a later date which they did.
According to that SEC disclosure Charles posted, it all stemmed from a 1997 DUI that was plea bargained, and he must have misrepresented the outcome (?). Says nothing about financial fraud or anything like that.
Seems like I've seen that used as a knock against Semper, which if this filing is the whole truth, is a bit over the top.
This does not bother me at all in terms of whether the guy is a competent and professional investment manager. One bad event in 1997? You're making many assumptions to say he "lied about it" over 20 years later. The charge was downgraded to a non-felony. The application in question asked for whether he was "charged" with a felony and he should have checked yes. I have a buddy (lawyer) who made the exact same mistake on his Fla. bar application. In his mind over 2 decades later he remembered the event and what the final result was, not the initial charge. The Fla bar tortured this guy mercilessly even though he was a practicing lawyer for years elsewhere with no issues.
Comments
Previously, my Roth IRA was also at Fidelity.
I've received good customer service the relatively few times that I've called them.
Granted, there were several occasions where I was on hold a bit too long.
Customer service reps couldn't answer my questions once or twice.
The reps said they would investigate further and contact me at a later date which they did.
Even more surprising is RPIEX, UP 2.68% YTD!
https://adviserinfo.sec.gov/individual/summary/5791031
Seems like I've seen that used as a knock against Semper, which if this filing is the whole truth, is a bit over the top.
It shows up in SEC because he apparently lied about it on disclosure forms for SEC and Florida regulators
It's something I always check when looking into potential funds. So, when I saw JASVX mentioned, wanted to share.
c