I believe Rich is a very good CFP. However, I am not sure of the majority of them. I am concerned about claims from people like privatebanker, who is promoting CFP in general, without any data to back it up. While Rich will be a very good CFP since he is forward looking and has so much knowledge, what is the track record of the average CFP?
When we asked Chris Johnston about his track record, he promptly posted it. I’ve been open about my investments since this forum started, almost one year ago. Yet when I ask privatebanker about his investments, he calls me myopic, because his returns are too bad, probably. His response is a poor reflection on the profession, when you have a CFP going around insulting people who ask for his performance data.
