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Offline Marketers >> Ric Edelman

Customer Review for Ric Edelman

Review Date 2010-11-04
Reviewer Edelman Sucks from Fairfax VA
Rating 1 Star or Unacceptable
Review Title High fee, low performance
Review You obviously didn't do your homework dear. Why in God's name would you pay Edelman an average fee of 1.5-2% only to get below average returns. As smart as he sounds, at the end of the day it's all about bottom line returns and Edelman's cookie cutter portfolios are poor performers. They try to justify high fee by claiming to provide "financial planning" and an advisory relationship, but the planning is flimsy and is designed to lead to a sale only. As to the advisory relationship, you'll be lucky to hear from them once a year. SO happy I moved my money out of Edelman and to a true investment management firm.

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