Victor Mcclure, Financial Advisor in the Dallas Area

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TravelforFun
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Joined: Tue Dec 04, 2012 11:05 pm

Victor Mcclure, Financial Advisor in the Dallas Area

Post by TravelforFun »

Has anyone used him?
Finance-MD
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Joined: Sun Mar 26, 2017 9:27 am

Re: Victor Mcclure, Financial Advisor in the Dallas Area

Post by Finance-MD »

Any relation to Troy McClure?
https://en.m.wikipedia.org/wiki/Troy_McClure
Avo
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Joined: Wed Jun 11, 2008 2:21 am
Location: California

Re: Victor Mcclure, Financial Advisor in the Dallas Area

Post by Avo »

Nope, but his web site has some statements I would regard as giant red flags:

"At McClure Capital, we hold informational seminars and insurance sales presentations for our clients and the greater community that feature information on various retirement topics."

"Guarantees provided by insurance products are backed by the claims paying ability of the issuing carrier."
123
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Joined: Fri Oct 12, 2012 3:55 pm

Re: Victor Mcclure, Financial Advisor in the Dallas Area

Post by 123 »

FINRA has 2 disclosures on an individual with a similar name https://brokercheck.finra.org/individua ... resSection
Might be something to look into.
The closest helping hand is at the end of your own arm.
TropikThunder
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Re: Victor Mcclure, Financial Advisor in the Dallas Area

Post by TropikThunder »

TravelforFun wrote: Tue Aug 15, 2017 9:34 pm Has anyone used him?
Listen to the way he phrases his pitch: "No downside and a portion of market upside". That's because it's an index annuity.
https://www.bogleheads.org/wiki/Equity-indexed_annuity

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BL
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Re: Victor Mcclure, Financial Advisor in the Dallas Area

Post by BL »

Never do your investing with an insurance agent. They will sell you expensive insurance products that give them a high commission, which you will pay for one way or another. If you try to get out within a number of years, you will be charged high surrender fees because you are the one who pays the commission.

https://www.etf.com/docs/IfYouCan.pdf
is a great little pdf that can get you started. You could buy a Target retirement fund or a Life Strategy fund directly at Vanguard, or a Target INDEX fund at Fidelity and just forget about it. Read the last chapter about advisors.
Accrual
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Joined: Tue Feb 07, 2017 3:22 pm

Re: Victor Mcclure, Financial Advisor in the Dallas Area

Post by Accrual »

Finance-MD wrote: Tue Aug 15, 2017 10:56 pm Any relation to Troy McClure?
https://en.m.wikipedia.org/wiki/Troy_McClure
HAHA! Thought the same thing.
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