McGehee Davis & Associates

Made No Sense And Unanswered Phone Calls

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.

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2 reviews on McGehee Davis & Associates

  1. Proceed with extreme caution.

    My husband and I were clients of this business 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.

  2. I would recommend them to anyone.

    I’ve been with McGehee Davis & Associates for years, I would recommend them to anyone.

West 44th Avenue 6900
Wheat Ridge 80033 CO US
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Reviews:2
Reported Loss :2356 $
Severity of Scam :High
Reported by : Anonymous
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