re: Should I switch to Vanguard?

quote:

---

This is me right now. On my second one and I just don't think he gives a flip. I'm doing better managing my company 401k... I'm slaying his returns, and I don't have any idea what I'm doing.

---

I hear what you are saying, but there may be reason why you are beating him. Advisors have to gauge one's risk tolerance and invest accordingly. Sometimes you are asked questions and scored. If your risk tolerance comes out to be moderate or balanced and that is how he has you invested, but in your 401(k) you may be 100% aggressive and in all equities. Then when the market rips like it is right now you will win. I am not saying this is the case, but you need to make sure you are comparing apples to apples.

I had a client 2 years ago complain because he was beating me. I looked at his other account and he had 60% in the T Rowe Price healthcare fund which was killing it at the time. I explained to him that there is no way I could or would have all of that money in a sector fund.