Personal Financial Focus - Addressing Misconceptions: The Benefit of Financial Advisors

June 15, 2017
By Laura McAree, CFA®

Recently, a Reuters article quoted Warren Buffet that most investors, “should stick with low-cost index funds.” He reasons that index funds routinely outperform actively managed funds, and especially when adding in the high fees of Wall Street investment firms.1 If you are paying higher fees for active management and not outperforming the index over full market cycles, then he has a valid point.

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