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Do Studies Explain Why Your Financial Advisor Might Lie?

FYI: Owen Smith knows that breaking up is hard to do. But it’s time to dump his financial advisor. I’ll call him Peter. Three years ago, Peter said he could build a portfolio of actively managed mutual funds that would beat their benchmark indexes. It’s a silly claim to make.
Regards,
Ted
http://assetbuilder.com/andrew_hallam/do_studies_explain_why_your_financial_advisor_might_lie
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