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08-03-2023, 02:01 PM
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Soaring Eagle member
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Quote:
Originally Posted by Rainger99
I don’t know of one but I expect that they don’t do it because they aren’t that good.
The average yearly return of the S&P 500 is 10.749% over the last 50 years. This assumes dividends are reinvested.
I think the minimum Fisher investment is $500,000. If your advisor can just match the market, that would be $50,000 a year in profit. If an advisor took just 3% of the added value, he would make $1,500 a year. If they are really that good, I would expect that a financial advisor could beat the market most years.
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1500 should be 15000. I had to use a calculator.
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