Pride cometh before the fall.  For a long time now financial advisors have prided themselves on picking the best managers or the best individual securities.  Consumers glare at performance reports showcasing how this fund or that manager had previously beaten the market.  To be fair, there are many times that managers and the advisors selecting them have indeed accomplished their goal.  What the graphic depicts here from SPIVA (S&P Indices Versus Active)  however is that over the long term, very few actively managed funds outperform their respective benchmarks.  Here at Freedom Found Financial, we place a greater importance on tax-efficient financial planning and maintaining the lowest fees possible.