After more than 43 years at PIMCO, Bill Gross’s departure from the firm he founded has left advisors wondering whether their clients should continue with the "Bond King," or stay with his old firm, now that the playing field has changed.
Some advisors say that Gross, and his erratic behavior before leaving, hurt his credibility and PIMCO's. Yet, many agree that he was instrumental to the firm's success, and that without him, the fate of the PIMCO Total Return Fund is uncertain.
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