Mr. Know it All

Hi -- I was a financial advisor for 3 years with a very reputable firm. I just want to let all of you out there to know to stay away from all traditional brokerage services. Unless you have over 10 million in investable assets and are getting price breaks you are being taken advantage of. For the average person on the street you should be with a discount brokerage like Waterhouse or Schwab. Your advisor does not know anymore what is going on in the markets than you. If you have a professional money manager with under 10 million you are paiying them the profits they create and very seldom over the long term will they every beat an index fund to cover their cost......... I will add more later