The good ones subscribe to Modern Portfolio Theory and don’t tell you stock market returns are much higher than 6%. The bad ones try to sell high fee advisory w

The good ones subscribe to Modern Portfolio Theory and don’t tell you stock market returns are much higher than 6%. The bad ones try to sell high fee advisory with a marketing ploy of getting you “alpha” (outsized returns). It’s just a way to take 1-2% of your capital for doing nothing.