Review of Arrest Wealth Management: Deceptive Practices and Exploitative TacticsOur family’s experience with Arrest Wealth Management has been nothing short of a nightmare. Following the passing of our father, my sisters and I, all of whom were listed as beneficiaries on his account, were forced to navigate a series of unscrupulous and exploitative tactics employed by this firm.Upon our father’s death, instead of a straightforward transfer of funds, Arrest Wealth Management insisted that each of us open separate brokerage accounts. This unnecessary step was clearly designed to generate additional fees for the firm. We were subjected to exorbitant trading fees simply to access the inheritance that rightfully belonged to us. This tactic is a blatant attempt to siphon money from grieving families at their most vulnerable moments.What’s worse, the firm repeatedly tried to coerce us into leaving our funds within their management, despite our explicit desires to withdraw the money. The pressure and manipulation we faced were both unprofessional and unethical. We were given misleading information about the process and faced significant delays, all of which seemed calculated to benefit the firm financially at our expense.Arrest Wealth Management’s behavior has been appalling, characterized by a lack of transparency and a blatant disregard for the rights of beneficiaries. Their practices are predatory, and they appear to prioritize their profit over the well-being and rights of their clients.I strongly advise anyone considering their services to think twice and seek a firm with integrity and a genuine commitment to ethical practices. Our ordeal should serve as a cautionary tale for others.In summary, our interaction with Arrest Wealth Management and adviser JG has been deeply distressing and financially damaging. We hope our experience will prevent others from falling victim to their exploitative practices.
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Arvest Bank is a diversified financial services company headquartered in Bentonville, Arkansas, with branches in Arkansas, Kansas, Oklahoma, and Missouri.