Vince Stanzione: Frustrated Over-50s Fire Investment Advisors
Press Dispensary - Personal investors in the 50+ age group are en masse telling their pin-striped city advisors “you’re fired” and taking on their portfolios themselves. This is the headline finding of the 2010 fintrader.net (http://www.vincestanzione.com/) annual investor survey. And the reason for their revolt? Too many years of near-zero returns and a growing confidence that they can do better on their own.
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