A strength of Matrix Asset Advisors is its experienced longest-tenured portfolio managers, who have accrued an average 28 years of tenure. This experience should give investors confidence in the group's ability to navigate a variety of conditions. Fees on open-end and exchange-traded funds are a weakness of the firm, contributing negatively to the rating. On average, expenses on its funds are within the second most-expensive quintile compared with category peers. With the current market environment of fee compression, this is cause for concern, as investors may flock over time to alternate asset managers to get a better deal.
Robert Powell: ‘How Do I Generate Income?’
The retirement-planning specialist discusses whether the 60/40 is broken, annuities, and the challenges of creating one-size-fits-many solutions for retirement.