Busting Misconceptions About Financial Advisors

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Busting Misconceptions About Financial Advisors
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Dariusz Godlewski is an expert who can help bust common misconceptions people have about financial advisors that may cause them to be skeptical of their advice.

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Q1 2021 hedge fund letters, conferences and more

Misconceptions About Financial Advisors

For example, some people believe that financial advisors often push annuities because they offer more lucrative commissions than many other investments.

This mining and metals fund is having a strong year so far

Cubic Corporation Chris Hohn favorite hedge fundsThe Delbrook Resources Opportunities Master Fund was up 9.2% for May, bringing its year-to-date return to 33%. Q1 2021 hedge fund letters, conferences and more Dellbrook is an equity long/ short fund that focuses exclusively on the metals and mining sector. It invests mainly in public companies focused on precious, base, energy and industrial metals Read More


Dariusz Godlewski clears the air on this by saying "Indexed Annuities usually have 10 year agreements between the client and an insurance company. There are usually two ways the agent gets paid. Upfront commissions that are 6-7% or an annual trail of 1%. If you compare this to a 10 year holding period of any investment portfolio the fee is usually 1%-1.5%/yr (not including expense ratios of those funds) That would equal to minimum 10-15% of fees over ten years."

"If the agent takes an upfront commission for the annuity it`s only 6-7% which is substantially lower than managed investment accounts over the same period. If the agent takes 1% annual trail that would be 10% over the same period of time, which is still on the lower side of AUM fees."


About Dariusz Godlewski, RFC

Dariusz Godlewski is the president of Financial Wealth Alliance and a licensed investment adviser representative with Brookstone Capital Management. He holds a life insurance license and has passed the Series 65 securities exam.

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Jacob Wolinsky is the founder of ValueWalk.com, a popular value investing and hedge fund focused investment website. Jacob worked as an equity analyst first at a micro-cap focused private equity firm, followed by a stint at a smid cap focused research shop. Jacob lives with his wife and four kids in Passaic NJ. - Email: jacob(at)valuewalk.com - Twitter username: JacobWolinsky - Full Disclosure: I do not purchase any equities anymore to avoid even the appearance of a conflict of interest and because at times I may receive grey areas of insider information. I have a few existing holdings from years ago, but I have sold off most of the equities and now only purchase mutual funds and some ETFs. I also own a few grams of Gold and Silver

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