Example

 

YOUR ACCOUNT PERFORMANCE AND COMPARATIVE BENCHMARKS

PERFORMANCE: C

$57,102 – Amount by which you underperformed your risk-adjusted Morningstar Target Date Index.

Over the last 10 years, your account returned 3.1% annually while the S+P 500 index had returns of 5.3%.  A passive target date fund that would be recommended to you based on your age and risk tolerance returned an average of 5.22%.

More on your account’s comparative performance

FEES: B-

$21,045 – Amount you have paid to your advisor.

This 1% fee is in line with the industry average.

More on the fees you pay

 

Is your broker earning it?

 

Why did you pay $21,045 to miss out on an easy $57,102 with passive investing?