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BBB Accredited Business since

AL Locy Financial Services

Phone: (209) 334-3999 View Additional Phone Numbers 1300 W Lodi Ave Ste A10, Lodi, CA 95242 http://www.financialadvisorlocy.com


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BBB Accreditation

A BBB Accredited Business since

BBB has determined that AL Locy Financial Services meets BBB accreditation standards, which include a commitment to make a good faith effort to resolve any consumer complaints. BBB Accredited Businesses pay a fee for accreditation review/monitoring and for support of BBB services to the public.

BBB accreditation does not mean that the business' products or services have been evaluated or endorsed by BBB, or that BBB has made a determination as to the business' product quality or competency in performing services.


Reason for Rating

BBB rating is based on 13 factors. Get the details about the factors considered.

Factors that raised the rating for AL Locy Financial Services include:

  • Length of time business has been operating
  • No complaints filed with BBB


Customer Complaints Summary

0 complaints closed with BBB in last 3 years | 0 closed in last 12 months
Complaint Type Total Closed Complaints
Advertising/Sales Issues 0
Billing/Collection Issues 0
Delivery Issues 0
Guarantee/Warranty Issues 0
Problems with Product/Service 0
Total Closed Complaints 0

Customer Reviews Summary Read customer reviews

0 Customer Reviews on AL Locy Financial Services
Customer Experience Total Customer Reviews
Positive Experience 0
Neutral Experience 0
Negative Experience 0
Total Customer Reviews 0

Additional Information

BBB file opened: May 06, 2008 Business started: 01/01/1984 in CA Business started locally: 01/01/1984
Licensing, Bonding or Registration

This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.

These agencies may include:

Investment Firms & Security Brokers
(Regulated by the State Dept. Of Corporations), Sacramento CA 95814
Phone Number: (916) 445-7205
The number is 135869.

California Tax Education Council

http://www.ctec.org/
Phone Number: (877) 850-2832
info@ctec.org
The number is A000306.

Department of Insurance
CA 94105
www.insurance.ca.gov
Phone Number: (800) 927-4357
The number is 0795323.

Type of Entity

Sole Proprietorship

Business Management
Mr. Al Locy, Owner
Contact Information
Principal: Mr. Al Locy, Owner
Business Category

Insurance - Life Investment Advisory Service Stock & Bond Brokers

Products & Services

Al Locy Financial Services is a fee-based firm and invests client's funds using sound discretionary methods in IRA's and brokerage accounts using stocks, bonds, preferred stocks, mutual funds or ETF's. For most service a quarterly fee is charged as a percentage of assets under management, rarely a commission and never both. If there is no fee involved, an hourly rate is charged for financial advice given. There is no charge for a first consultation and many times the second or third. The client is not charged until investing with us on a fee basis or requesting financial planning only. Fee based clients are advised of the rates at the time an account is opened with Al Locy Financial Services and fees are part of the Financial Advisory Agreement.

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BBB Customer Review Rating plus BBB Rating Overview


BBB Customer Reviews Rating represents the customers opinions of the business. The Customer Review Rating is based on the number of positive, neutral and negative customer reviews posted that are calculated to produce a score.

Customer Review Experience Value
Positive Review 5 points per review
Neutral Review 3 points per review
Negative Review 1 point per review

BBB letter grades represent the BBB's opinion of the business. The BBB grade is based on BBB file information about the business. In some cases, a business' grade may be lowered if the BBB does not have sufficient information about the business despite BBB requests for that information from the business.
Details

BBB Letter Grade Scale

BBB Rating Value
A+ 5
A 4.66
A- 4.33
B+ 4
B 3.66
B- 3.33
C+ 3
C 2.66
C- 2.33
D+ 2
D 1.66
D- 1.33
F 1
NR -----
Star Rating scale

  Average Score
5 stars 5.00
4.5 stars 4.50-4.99
4 stars 4.00-4.49
3.5 stars 3.50-3.99
3 stars 3.00-3.49
2.5 stars 2.50-2.99
2 stars 2.00-2.49
1.5 stars 1.50-1.99
1 star 0-1.49

BBB Customer Review Rating plus BBB Rating is not a guarantee of a business' reliability or performance, and BBB recommends that consumers consider a business' BBB Rating and Customer Review Rating in addition to all other available information about the business. If the BBB Rating is NR then only Customer Reviews are used for the Star Rating.