>I was under the impression that mutual funds offer the best returns for low risk investments Mutual funds certainly don't offer the "best" returns (generally)

>I was under the impression that mutual funds offer the best returns for low risk investments Mutual funds certainly don't offer the "best" returns (generally). This demonstrates why people need financial advisors, just like we need, say, auto mechanics. Most people don't have the time or inclination to learn about investing. Unfortunately, just like auto mechanics, many are out to make a buck off of client's lack of knowledge. The information and internet age is making these types of markets more efficient.