We have all grown up to respect the customer, to accept that the customer is always right. But in the case of investment advice, it is often the clients themselves who have given their advisors the wrong objectives for ensuring long-term growth of their portfolios.
Industry reports periodically criticize investment advisors for underperforming long-term global performance indices. The strong implication is that most financial advisors do not do a good job in managing money.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access