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Can you be charged by your financial advisor commission money for trading for different stock. The amount was over $700 commission and was shocked that I wasn't even informed.

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Msdixie199 | 17:39 Tue 29th Jan 2008 | Business & Finance
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Can you be charged a commission for trading stock without even being informed. I was suggested to change to another stock and received a billfor
$703 commission and was never informed. I wouldn't have done that if I knew the costs. Can a Financial Advisor do this? I know they charge a fee to change directions but a commission for over $700 without informing me doesn't seem right
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This is a British site. You write of 'dollars' so, prima facie, you are not in the UK. (Over here the answer would depend on the terms of your agreement with the broker)

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Can you be charged by your financial advisor commission money for trading for different stock. The amount was over $700 commission and was shocked that I wasn't even informed.

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