Listen to the Interview via Talkshoe

Fresno, California Resident Leslie Revis says that her late husband Larry Revis always provided for their family. Upon his passing in 2016, Larry left Leslie a trust fund, unfortunately the money in the account is frozen. Leslie believes that her account which is managed by Don Vincenti, CFP® of Stifel is inaccessible due to a clerical error.

“My accounts are titled incorrectly. The accounts should now both be Estate accounts but, they are not. They are coded as “deceased” (DECD) status accounts,” said Leslie Revis. “Because of the “deceased” status, (versus if they were properly and lawfully titled as estate accounts), attempts to process an external transfer of the assets from the Stifel brokerage to another company cannot be processed by the receiving company.”

Revis’ daughter Mary Bass says that she is going to the media because repeated attempts to rectify the situation with Mr. Vicenti and Stifel have failed.

“We are getting nowhere. We wish no ill will upon Mr. Vicenti and Stifel however, we cannot but, draw the conclusion that they are responsible for preventing my Mother from accessing her trust fund or even transferring it to another account for that matter,” said Mary Bass. “My Mother has tried to transfer all assets from Stifel to E-Trade and to TD America to no avail because a “DECD” coded (titled) account isn’t transferable- the Stifel Stockbroker would have to have the assets in an estate account and they refuse to follow any compliance procedure

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