I found a very interesting article about investing. It compares do-it-yourself investors, to investors who seek out brokers or advisors. The title gives it away, but it’s an interesting read for those of you hiring fee-based advisors. Among other things it answers these questions…

Do investors who hire brokers or advisers:

1. Get access to special funds that would be otherwise difficult to find?
2. Buy funds with lower costs (excluding loads and 12b-1 fees)?
3. Hold funds with superior or inferior performance?
4. Get excellent advice about asset allocation?
5. Avoid falling into behavioral traps such as chasing past performance?

You can find the article HERE.