ICYMI Your adviser may not know what they don’t know, but here's why you should
This may seem obvious, but think about how many advisers have a strong view of where the market is going based on their reading of the economic tea leaves.
That’s not to say advisers can’t have educated views about more predictable factors. It’s reasonable for them to set expectations for five-to-10-year returns for broad asset classes . Hopefully, they have a good sense of where valuations are in the historical context, and where we are on the greed-versus-fear spectrum.Your adviser must be able to help you formulate a plan.
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