Financial Advisors

What's up with american funds? They seem like the hottest "it" fund--is it all marketing and hype or do you believe this is the hottest fund company on the street? Which mutual funds are you selling

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I’ve never heard of American and “hottest” in the same sentence. But they do have a good wholesaler network. They are high touch in regards to most of their marketing and communication. But otherwise expenses are some of the lowest for A shares in brokerage accounts and pare well inside of advisory/fee based accounts too. They have a 50+ year track record that many fund families don’t have. If you screen for past performance, since they are tilted large cap value, you won’t find but a few of their funds that outperformed or at least index hugged the last 5/10 year period. Go out 20 years and lights out...they win. But you know what they say about past performance???

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The American Funds wholesaler is like Bigfoot. There are rumors he exists... some even say they saw him although the pictures may be faked. BUT there is no concrete proof he actually exists.

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RIA, so I get to cherry pick the best in each segment. No American funds pass my screeners.

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Ha. Well if that’s the case then there was a definite SASQUATCH sighting in my branch office today after 1 pm. He hung around about 30 mins and gave me some timely info. to share with clients. 😉 Pres 1...next time I’ll shoot a photo

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@FA2. If there's no pic, it didn't happen. You're probably just saying that to get famous and be interviewed by scientists and stuff.

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FA 2 is a good little Edward Jones boy.

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Fa1 what are screening for? Bitcoin like returns?

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My coworker met him and got a cool flyer. Why haven't I met him !?!

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I like American Funds for domestic equity

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