FYI: It makes sense that the average investor would hire an advisor to oversee their financial affairs. Using an advisor doesn’t mean, however, that you can just put things on autopilot and assume that all is well. It’s important to understand how much you’re paying for advisory services and what you’re actually getting for those fees. Those two factors will play a big part in what type of returns you’ll see from your investments.
Regards,
Ted
http://mutualfunds.com/education/impact-investment-advice-on-portfolio-returns/