Dear Advisors, Advisors with more than 5 years of experience will recall AIC’s “Buy, Hold and Prosper” campaign, based on their attempts to effectively mimmick the performance of Warren Buffet’s hallowed Berkshire Hathaway. Long before the market collapse of late 2008/early 2009, AIC’sĀ investment philosophy resulted in considerable negative performance, massive net redemptions and allowing their [...]
Posts tagged ‘conflict of interest’
What Mutual Companies Don’t Want You to Know
February 8th, 2010
Marketing Spin 101: Mutual Funds are good for everyone
January 28th, 2010
Dear Advisors, The Investment Industry Establishment (IIE) are masterful marketers, with lots of cash flow to support ongoing research into how to influence Advisors to trust their fund managers and keep their Clients fully invested through thick and thin. The reasonĀ is pretty obvious-it works to the IIE’s benefit to gather and keep assets because this [...]