Fee-Based Advisors Use ETFs to Build Wealth
Here is a great article on the rationale for why fee-based advisors use ETFs (Exchange Traded Funds) to build wealth for their clients. I started in the business using load mutual funds in the eighties and then low-load and then no-load. Just in the last five years, ETFs have exploded. You still have to watch your trading costs though. I highly recommend them and also no load index mutual funds for everyone’s portfolio to keep costs down and get good diversification.
