LibraryScenariosWhen loyalty to your financial advisor conflicts with investment logic
Scenario

When loyalty to your financial advisor conflicts with investment logic

My financial advisor keeps pushing actively managed funds with high fees while I read everywhere that index funds outperform them, but I cannot bring myself to fire him because he helped my family through my father's death.

Zera
Online
The coach is replying

More people experience this than they realize.

What we've seen

Emotional attachment to a helpful relationship is overriding rational financial decision-making.

Ideas that help explain it
Worth thinking about

“Where Are You with Index funds vs. active investing?”

If this sounds familiar, the Library can help you find the bigger picture.