Advisors and investors alike hear all the time in various articles, speeches and interviews that passive investment funds (indexes) always outperform active investment funds (non-indexes). In my view, however, I’ve found that most articles written on the subject rarely provide precise “apples to apples” comparisons, much less an all-institutional dialogue about true data. Therefore, through a series of articles, my hope is to provide a simpler yet more precise view of the landscape on this argument from an institutional investment outlook, as it excludes all the highly loaded fee structured products. To keep the data as objective as possible, I’m using Morningstar Direct as my source of screening, testing and research on return/expense data points… http://www.thinkadvisor.com/2015/05/06/who-wins-passive-vs-active-institutional-debate-pt
Andy graduated from the University of Alabama-Birmingham with a B.S. degree in Accounting. He is a Registered Investment Advisor Representative of Money Management Services, Inc and holds the designations of CPA (Certified Public Accountant), AIF® (Accredited Investment Fiduciary), CTS™ (Certified Tax Specialist), and WMS (Wealth Management Specialist). As an advisor, Andrew specializes in comprehensive financial planning, estate tax planning, personal taxation planning, retirement income distribution planning, wealth accumulation, personalized portfolio management, and fiduciary investment management services.