This comment is true and helpful, but I worry that someone reading this comment might conflate &quot;approximately all financial advisors offer similar advice, regardless of cost&quot; with &quot;no one can beat the market, it&#x27;s always superior to put your money in an index fund&quot; due to prevailing socio-political opinions surrounding Wall St. Those are two very different statements.<p>To add a little nuance: I always recommend a flat fee financial advisor too, but there are people and funds capable of consistently beating the market. They are just so exceedingly rare that it&#x27;s difficult to separate them and their results from the crowded noise of people who either think they can or who know they can&#x27;t but will claim they can anyway.<p>Still, most investors (&quot;retail investors&quot;) should use an index fund.<p>Just a minor point that bears mentioning.