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Why Do Financial Advisors Still Exist?

Most financial advisors can't outperform a low-cost ETF portfolio that costs a fraction of a percentage point to own. In many ways, index funds have effectively "solved" investing. Yet many people continue to delegate their investment management and financial decision-making to financial advisors. References: https://zbib.org/69da8ac719614415ba4d... ------------------ Meet with PWL Capital: https://calendly.com/d/cpws-jyp-znp Follow Ben Felix on Twitter:   / benjaminwfelix   Visit Rational Reminder: https://rationalreminder.ca/ Join the Rational Reminder Community: https://community.rationalreminder.ca/ Follow the Rational Reminder on: Twitter:   / rationalremind   Instagram:   / rationalreminder   Visit PWL Capital: https://www.pwlcapital.com/ Follow PWL Capital on: Twitter:   / pwlcapital   Facebook:   / pwlcapital   LinkedIn:   / pwl-capital   You can find the Rational Reminder podcast on Google Podcasts: https://www.google.com/podcasts?feed=... Apple Podcasts: https://itunes.apple.com/ca/podcast/t... Spotify Podcasts: https://open.spotify.com/show/6RHWTH9... ------------------