....Also, there's an O-4 who gave us the financial brief in P'cola, and then offered a sort of social hour at the Fish House where we could chat with him and his financial advisor (open bar, too), so if that's still running, it's a no-brainer. His advisor is with First Command Financial Services, and he was telling us that they have a bunch of benefits for active duty military.
Whoa, Red Light!! He facilitated a 'soft sell' that at the very least violated the spirit of the law and regulations if not the letter of them when he used his official position to help out his 'advisor', if that is all he was. The O-4 should know better, it's a no brainer.
In my own experience the First Command guys were also the worst offenders when it came to using their military connections to sell their products to military personnel. I knew nothing of finance when I was in A-Pool and I still walked away from my one meeting with a First Command rep, a retired USAF Colonel who "knew what it meant to serve and can now help serve me", feeling like I had just had an encounter with one of the used car salesmen charging 29% interest right out the front gate of NAS P'cola. And I am not the only one who thought they have been shady at times.
You are better just investing in TSP or an indexed Roth IRA with low fees.
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