1. Modern District Financial Solutions

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Traverse City, MI

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Modern District Financial Solutions

1.0 (2 reviews)
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Services - Modern District Financial Solutions

Investment management

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18 days ago

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Huntington Bank

Huntington Bank

(2 reviews)

Huntington Bank in Traverse City provides substandard investment services as compared to firms such…read moreas Merrill Lynch. Consider: a Huntington senior financial advisor recommended investing $300k in a five-year annuity. The annuity's description created the expectation for an 8% return. It delivered 1.7%. (The S&P 500 delivered 14% during the same five-year period.) Put another way, it yielded $26k, which was $75k less than it should have. It was bad enough that Huntington recommended a loser when most investments were winners. Worse, the senior financial advisor subsequently established that he was not obliged to warn me the annuity was underperforming so badly that it would never recover. He said I was responsible for determining that. I'm a layman. During the first three years, I figured the annuity might get back on track; I didn't have the expertise to know better. (After that, the withdrawal penalty would have changed the annuity from a poor performer to a money-loser.) He's the professional: by the third year, he should have warned me the annuity had no chance of coming anywhere near its projected target. The bottom line: Huntington's financial advisors are just there to sell products. They don't track an investment's yearly results. Or if they do, but don't feel obliged to warn investors of the need to change course and suggest ways to make up for lost ground.

I have been a customer of this bank since they first opened here in TC. I was skeptical since I…read moredidn't really trust corporate banks. But, I have been so happy. Not only do they remember me when I come in, but they have kindly helped me out in a financially binding situation. I will never bank anywhere else! I highly recommend at least this branch.

Modern District Financial Solutions - insurance - Updated October 2026

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