Reviews of Duncan Financial Management, Inc (Financial Consultant)

Mark Dougherty

I have used Jeff for 9 years. He has setup our family retirement and long term care needs so we don’t have to worry about running out of money as we age. Jeff and his financial staff are fiduciaries and thus represent the client and not the companies that provide the insurance and annuity products. Jeff does not just provide annuity sales advice. His firm provides estate, tax, insurance, long term care, legacy, and financial markets advice. I believe the earlier reviews do his firm a disservice. I am retired now and have a great financial income. Part of the income is from a pension, but the other part is from annuity products that provide a guaranteed monthly income check until we pass. There are all sorts of financial products out there to use. Our family did not want to worry about how stock market fluctuations would affect our retirement nest egg.

Mark Cook

Are you looking for a financial advisor or an annuity salesman?

woody wilcox

Jeff Duncan of Duncan Financial Management is on TV a lot and seemed to know what he was talking about, but probably more smoke and mirrors than substance. I had spent many years investing on my own, but was tired of investing the time to do so. I thought Jeff was a good (reliable) choice based on the years I'd listened to him on TV & radio - I couldn't have been more wrong. I understand the Securities and Exchange Commission disclaimer that “past performance does not guarantee future results”. However; in a year when the market went up 25% he was still able to apply his skill, experience and knowledge and LOSE 10% of the money I had invested. I could have done that myself or my kid could have done it for me and not had to pay fees to do so. Jeff also bought and sold and re-bought and re-sold so many different stocks short-term that he racked up quite the fee total at Scottrade (more lost money). Lastly he kept his quarterly fees even though he did not really earn them (more lost money). I was thoroughly disappointed in his poor performance. I did not give him too long to entirely wipe out my investment and abandoned him in less than a year. I have been able to recoup most of the money he lost by investing myself. If the market is going up by as much as it did last year (2013), even a monkey could pick a few winners, but not Jeff Duncan. He is based in St Louis, but opening a new office in Palm Beach, Florida so probably is more focused on his own early retirement than on yours! Beware - especially if your goal is wealth BUILDING.