Segregated funds - The one question you need to ask (Seg Funds)

Have you ever had a financial advisor recommend something called a seg funds or segregated fund? If that's the case, you always need to ask them this one question: It is my goal to help you build your net worth within every interaction. I have almost 600 clients and have a small handful of them in segregated funds. You need to ask any advisor who makes that recommendation: do you have your mutual fund's license? The reason is that it's a lot easier and a lot cheaper to become a financial advisor through segregated funds licensing rather than mutual fund license. Mutual funds will consistently outperform their seg funds counterparts. If your advisor does not have their mutual fund license, they recommend a product that will consistently be outperformed by mutual funds. You may want to sit down and meet up with somebody who has a mutual fund license; if you have any questions or want to review your portfolio, you can contact me. If you enjoy this content, please consider like share and subscribing.