Sales and Marketing Strategies for Financial Advisors

[billy08ify]

I love the uneducated, People on this thread. It's ok that you don't now, or ever in your life have the funds to warrant meeting with a professional money manager. Enjoy spending the rest of your life at the Waffle House and living on SS you losers.

[skhancanada01]

lol.. financial advice is a scam? thats pathetic

[Sarah6588]

yeah, that's wrong, The S & P average for the past 10 years is 10.9%, the average individual investor is getting 4.2 percent. Inflation is 3.1% and institutional investors who all work with advisor's are getting 11.2%.

[dominiquehoward]

"A landmark study from Harvard Business School/University of Oregon concludes that when it comes to the selection of mutual funds, individual investors outperform financial advisors by 100%.."

Here are the results for returns for 1996 through 2002:

Financial advisors: 2.9%

Individual investors: 6.6%

The Study: "Assessing the Costs and Benefits of Brokers in the Mutual Fund Industry"

Financial advice is a scam.

[1jks]

Mutual fund advice from brokers doesn't yield better results. This statement is more accurate, given the validity of the for mentioned study.

But saying "Financial advice is a scam" is ridiculous.