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What ‘advisers’ alpha’ is worth
Thursday 19th of July 2012
FinaMetrica co-founder Paul Resnik told attendees at the Institute of Financial Advisers conference yesterday that financial planners need to emphasise this “advisers’ alpha” to current and potential clients.
“The advisers’ alpha I would argue is worth 6% per annum, which is about three to four times what the adviser charges,” he said.
Resnik said his estimated figure came from ad...
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