Quote:
Originally Posted by Johnny199r
Some advisors absolutely can add value. Some advisors pile clients into funds with high MER with DSC kickbacks and are terrible human beings only looking after themselves.
There's no denying that if someone feels comfortable with a couch potato portfolio or putting their assets into a Mawer balanced fund, they can find significant savings as a DIY investor over their lifetime. Not everyone has that knowledge or comfort, though.
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Yes, there are terrible advisors (as there are terrible anything). But there is a lot more to wealth management than buying a Mawer balanced fund and go play golf.