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Find a Location

July Business Services has 1 locations, listed below.

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    Business ProfileforJuly Business Services

    Retirement Planning Services

    At-a-glance

    Customer Reviews

    1/5stars

    Average of 2 Customer Reviews

    Customer Complaints

    4 complaints closed in last 3 years

    2 complaints closed in last 12 months

    Customer Reviews are not used in the calculation of BBB Rating

    Reasons for BBB Rating

    Overview

    July Business Services (JULY) is a financial technology retirement plan and payroll services company that partners with financial advisors nationwide to design and implement successful retirement plan strategies for their small business clients.

    Business Details

    Location of This Business
    400 Austin Ave Ste 1200, Waco, TX 76701-2142
    BBB File Opened:
    4/19/2004
    Years in Business:
    29
    Business Started:
    8/5/1994
    Business Started Locally:
    8/5/1994
    Business Incorporated:
    8/5/1994
    Type of Entity:
    Limited Liability Company (LLC)
    Alternate Business Name
    • JULY Business Services, LLC
    Business Management
    • Mr. John M Humphrey, President/CEO
    • Mr. Jim Hudson
    • Ms. Michelle LeCates, Marketing Specialist
    Contact Information

    Customer Contact

    • Ms. Michelle LeCates, Marketing Specialist
    Additional Contact Information

    Phone Numbers

    Customer Complaints

    4 Customer Complaints

    Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews

    File a Complaint

    Most Recent Customer Complaint

    11/27/2023

    Complaint Type:
    Service or Repair Issues
    Status:
    Answered
    Deposits made every 2 weeks are not happening as scheduled and take 4-5 days before being deposited into my account. When making a withdrawal, the processing takes anywhere from 4 days to 7 or more before receiving funds. This is all done eletronically and there is no explanation from the company as to why it takes so long as well as what is happening to my funds from the time funding is transmitted to them and why it takes a variable amount of time before getting funding back. Communication is either non-existent coming from the company or takes days. I want all interest I would have received from when they should have deposited the funding in my account as well as a structured processing schedule for withdrawals. It is almost as if their staff go on vacation and do not put notification on the business web site letting customers know and just ***** nilly do processing whenever they feel like it. No explanation has been provided from their customer support.
    Read More

    Customer Reviews

    2 Customer Reviews

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    How BBB Processes Complaints and Reviews

    Start a Review

    Most Recent Customer Review

    Armando N

    1 star

    12/07/2023

    My employer set up a 401k plan through this company. I had a loan with them I wanted to pay off. We sent a cashier's check over night. A couple weeks later, I looked at my account and they had not given me credit. I was still having funds taken out of my paycheck for the loan I paid off. It turns out they applied the check I sent to someone else's account even though I filled out all of the paperwork they made me fill out as part of the payoff and included it with the cashier's check. Calling them on the phone is not easy, as the number on their website doesn't seem to work. I tried to add the number on here, but the BBB system won't let me post this with the number When you call that number, it is no good. I tried the number twice, as I wrote this review. It says, "the number you dialed is not in service at this time. Thank you for calling. Good bye." Two weeks later, I am still trying to get ahold of them, and no one seems to call back or help us. When I got someone on the phone, he said, "your employer is moving to a different company anyway." I am nervous that in the transition, the funds I paid don't get applied and I end up losing the money. I would like to have this resolved, but they don't call back, or give any sort of customer service.

    July Business Services Response

    12/10/2023

    We apologize for the delay and frustration you experienced.  I understand that your payment was applied to your spouse's account in error, but has been corrected.  I have asked the Manager of Participant Services to contact you directly. 

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