In 2001, Vanguard, a company that is known for do-it-yourself, low-cost index investing, published a study on the value that an advisor can add to an investment experience. Over the years Vanguard Advisor’s Alpha study has been updated a few times, yet the conclusion remains the same – working with an advisor can add about 3% in net investment returns.
In this episode of Wealthy Behavior, we are joined by special guest Michael DiJoseph, CFA. Mike is a Senior Strategist at Vanguard’s Investment Advisory Research Center, the group responsible for creating, articulating, and implementing world-class investment, wealth management, behavioral coaching, and practice management thought leadership.
What are you leaving on the table by not working with an advisor? Or, by working with an advisor that isn’t following best practices? Listen in as Mike breaks down Vanguard’s study and explains what investors should know about improving their finances and net return investment experience.
A copy of Vanguards Advisor’s Alpha study can be found at https://advisors.vanguard.com/advisors-alpha/.
*BONUS* How To Build Your Next Million, our free ebook, teaches investors about the tools that can help them SAVE more, GROW more, KEEP more, and PROTECT more. Get your copy today!
We’d love to hear from you! Email us questions, ideas, or feedback at wealthybehavior@heritagefinancial.net.
About Wealthy Behavior: Heritage Financial Services
Wealthy Behavior digs into the topics, strategies, and behaviors that are key to building and protecting personal wealth and living a rich life. We’re Boston Massachusetts-based wealth managers who have been helping busy, successful people pursue their financial goals for more than 25 years. Hosted by Sammy Azzouz, President of Heritage Financial, Wealthy Behavior digs into the topics, strategies, and behaviors that are key to building and protecting personal wealth and living a rich life.
