Woodbury Financial
Woodbury Financial Overview
The generated data is based on reviews and questionnaires provided by PissedConsumer.com users.
Woodbury Financial has a 1.0 star rating from 1 customer review, with consumers mostly dissatisfied; rating distribution is 100% unfavorable and reviewers cite high price levels and poor customer service and billing practices.
Positive Feedback
No clear positive experiences appear in available feedback; no endorsements or satisfactory service reports were provided.
Negative Feedback / Risk Areas
- Account not located for years and repeated failed attempts to close accounts reflect serious customer service failures.
- Customers report lack of contact while Woodbury profited from annuity policy holdings.
- Complaints highlight billing issues, high fees, and alleged targeting of elderly clients.
Key Takeaways for Future Customers
- Search Woodbury Financial reviews and Woodbury Financial customer complaints before engaging.
- Verify account records and statements frequently and confirm how billing and fees are handled.
- Consider legal advice if funds are inaccessible and scrutinize annuities and agent relationships closely.
The generated data is based on reviews and questionnaires provided by PissedConsumer.com users.
Woodbury Financial has a 1.0 star rating from 1 customer review, with consumers mostly dissatisfied; rating distribution is 100% unfavorable and reviewers cite high price levels and poor customer service and billing practices.
Positive Feedback
No clear positive experiences appear in available feedback; no endorsements or satisfactory service reports were provided.
Negative Feedback / Risk Areas
- Account not located for years and repeated failed attempts to close accounts reflect serious customer service failures.
- Customers report lack of contact while Woodbury profited from annuity policy holdings.
- Complaints highlight billing issues, high fees, and alleged targeting of elderly clients.
Key Takeaways for Future Customers
- Search Woodbury Financial reviews and Woodbury Financial customer complaints before engaging.
- Verify account records and statements frequently and confirm how billing and fees are handled.
- Consider legal advice if funds are inaccessible and scrutinize annuities and agent relationships closely.
Media from reviews
Turn one complaint into a collective action
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Verified Reviewer
To warn others!
- - Opened a Woodbury 401k; 5 years staff couldn't locate the account.
- - Do not do business with Woodbury; funds released only after legal involvement.
Horrible!!! I opened a 401k account with Woodbury several years ago.
For the entire 5 years of holding an account with them their customer service could not find any existence of my account in their computer system. I received monthly statements with the account number listed on them, but they denied servicing the account for 5 whole years! I tried to close the account over 30 times I'm 5 years. They also denied that!
Finally after getting a lawyer involved, and lots of hassle and time, it looks like they may finally release the funds to me. I have never had this much trouble with a bank.
This is the first bad review I have written, but I feel that it may serve to warn others. Please do not do business with Woodbury!
Preferred solution: Full refund
Milwaukee, Wisconsin
Woodbury, with no contact
An agent sold me an annuity policy, which he apparently purchased through Woodbury. He died, and Woodbury took over the account. They never contacted me, yet were making money off of the annuity.
David Schauss Retirement seminars..over70 target.
- - David schauss, with Woodbury Financial, targets the elderly.
- - Claims he rips off elderly clients and moves investments to a private account.
David schauss now working with Woodbury Financial is looking for the elderly for there portfolio
If you have parent's that are using his services look into it with a fine tooth comb 9 out of 10 he is ripping them off.....go to ripoff report.com don't let him get away with it Please protect your family and their monies as they have work hard for it David Schauss will place teir investment in his private account check his record out with all the corruption he has done Remeber there was complaints on Barney Madoff and sec did nothing.
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Thje truth will reveal it self and it does'nt matter on the spelling white collar crime is a crime...He has been barred from arizonia due to found crime....I don't support you or any one with that background...check it out
Bert,
Thank you for your recent comments if you check with Cook County you will find the full police record regarding David Schauss. Also, in regards to poor spelling the information is out there, to protect others and you did get the point..White Collar Crime is easy to read thank you again Brother...
Is this the same Laura, his ex-wife, that is complaining about David everyplace on the Internet? It is very hard to believe your story, very, very hard.
It is not hard to spot you with your poor spelling.