Sales and Marketing Strategies for Financial Advisors
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2:12
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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.
billy08ify 2 years ago
lol.. financial advice is a scam? thats pathetic
skhancanada01 2 years ago
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.
1jks 2 years ago
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%.
Sarah6588 3 years ago
"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.
dominiquehoward 4 years ago