I am curious if others have been with Fidelity PAS longer than me or have thoughts about this subject.

Like most others here, I engage in and enjoy self-directed investing. But in an effort to correct for my own blind spots and avoid concentration risk, I have some retirement savings managed by Fidelity.

Because various factors, I have chosen the highest risk/return allocation (scale 1-10) and am coming up on a decade with them. Over that time, the fees have been approximately 1% annually and the returns have trailed SPX by between 4-5%. I have some decisions to make coming up about allocation and management, and I would still like to not be 100% self directed. I don't see how I can continue with Fidelity, though, given the fees and long-term gap between what I'd consider my target benchmark given my target risk. Over my time with them, the cumulative underperformance difference is over 100%.

Has anyone else hit this issue? What have you done? I've tried to give them a full economic cycle to be fair to them, have I not given them enough time?

Retirement Investing FAQ

---

Contact Shrewd'm
Contact the developer of these message boards.