[DAVES]

Originally Posted by RedFoxRick

I've made three moves in the United States and have kept the same RBC advisor. It is easy to stay with same advisor and work together via telephone and Zoom.

Interesting for all it is a matter of OPINION and experience. First of all there is a difference between an ADVISOR and a SALESMAN. Many years ago, we were living in New York. We had a 6% state tax and a 3% city tax on top of Federal tax. Things were different. Returns on tax free bonds etc. For many, perhaps a secret. On the same resale bond, there is a sliding price scale. If, they sell the same bond at a higher price the salesperson makes more and the buyer makes less. I found a guy at RBC who offered me better prices and I bought quite a bit from him. He left RBC and I got a letter suggesting I continue with hi at the new firm. Their SECURE records-clearly were not.
I got a letter from RBC that they wanted me after many years to fill out forms with my information. Clearly this guy left with their files.

Are they better or worse than others? I don't know. It could not be more clear that in my case they did not secure my records. Bonds. They, today are no longer bearer bonds.
You need a brokerage to hold them for you. They started to bill me fees to hold my bonds that they SOLD to me. That obviously reduces the quoted return on the bond.
Unfair-perhaps, but I will never do business with RBC again.

[JoelJohnson]

Originally Posted by DAVES

As it s said a rising tide raises all boats. The past 6-7 years actually 10-15 years the stock market has been up. "He lost me so much money," was he good? The question to ask is did you loose less than the S&P index?

We are easily lulled into thinking the market only goes up. That also applies to real estate. Except when they don't.

I "Lost money" with M/L 47 years ago. Back then they were out for themselves.