It is so easy to do yourself with today's investment options that I would never pay anyone to do it. Just follow a simple model like the Yale University model. Use low cost index funds. I have done my own for the past 40 years and have averaged 8.34% annual return with a VERY low risk portfolio. Someone told me that that is about the same as the S&P 500, and yes it did, but at a much higher risk profile. I use Vanguard, but Schwab or Fidelity also have low expense index funds.
Google the Yale model and just follow it using ETF's or index funds with low expense ratios. They manage the largest endowment fund around very successfully using just low cost index funds.
So never pay anyone for things you can do with better results and lower cost. Raymond James is fairly expensive and will impact your returns. Returns will be lower or risk will be higher to achieve what you can do yourself.
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Life is to short to drink cheap wine.
Last edited by l2ridehd; 04-13-2019 at 11:33 AM.
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