The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Re: Talk me out of a Financial Advisor Date:  6/1/2013  9:59 PM
Author:  MurrayS Number:  72346 of 88077

First, the guy is taking 1% of your total assets each year to basically tell you what you can find out for free in literally dozens of places.

You may be right, but we'll see what kind of products he has available for a higher net worth portfolio that I can't get through Vanguard.

Second, he takes this money and then consistently underperforms the market.

Actually, his 10 year average return beat the S&P by a full percent...after fees...with less volatility. I'll ask again, if he can beat the market after fees, doesn't it make sense?

Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us