Giving you the opportunity to save more and in many cases increase your stock allocation.
With Raymond James, you can access the Freedom Foundation program at a $5,000 minimum.
Previous generation needed minimums of $50,000 or more to get access to these kinds of services.
Based on trailing data going back to the 1920’s, the S&P 500 have returned
about 7% each year after inflation. (Investopedia, NY www.Investopedia.com)
While we may be awash in stories about student loan debt piled up and a difficult job market,
Millennials have some advantages over previous generations on investing.
The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor’s results will vary. Investing involves risk and investors may incur a profit or a loss regardless of strategy selected. Past performance does not guarantee future results. The Freedom Foundations Program are fee based accounts. In a fee-based account clients pay a quarterly fee, based on the level of assets in the account, for the service of a financial advisor as part of an advisory relationship. In deciding to pay a fee rather than commissions, clients should understand that the fee may be higher than a commission alternative during periods of lower trading. Advisory fees are in addition to the internal expenses charged by mutual funds and other investment company securities. To the extent that clients intend to hold these securities, the internal expenses should be included when evaluating the costs of a fee-based account. Clients should periodically re-evaluate whether the use of an asset-based fee continues to be appropriate in servicing their needs. A list of additional considerations, as well as the fee schedule, is available in the firm’s Form ADV Part II as well as the client agreement.
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