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Broker-Advise Portfolios Underperform: Studies

Friday, Mar 06 2015
News Roundup
Written by  PFA News

Various studies show that broker-advised investors underperform investors who don’t seek advice, says Diane Del Guercio, head of the University of Oregon’s financial department and a co-author of a report on the topic. So reports Oregon Live.

Del Guercio compared performance returns of broker-advised investors and do-it-yourself investors in the state’s university retirement program and concluded that plan participants who used brokers underperformed other participants.

Read the full article from Oregon Live.  

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