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The Challenges of Hiring an Investment Advisor
The other way this manager potentially could generate excess return is through some of these satellite strategies, depending on whether theyg rate a return higher than the five point six to five point eight % expect a return of the portfolio. The reality is we don't know. Whenever we hire an outside adviser, it takes some trust. So i suppose it comes down to, did the person or firm deliver on what they said they were going to do, based on testimonials fom others that we trust.