Advisors and their clients should not expect much more than 5%to 6% annual returns on their portfolios — possibly even less — over the next10 years, according to the chief investment strategists atCommonwealth Financial Network and Russell Investments.
The odds of a correction or bear market are also increasing,though neither strategist expects that for another year or two.
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Bernice Napach
Bernice Napach is a senior writer at ThinkAdvisor covering financial markets and asset managers, robo-advisors, college planning and retirement issues. She has worked at Yahoo Finance, Bloomberg TV, CNBC, Reuters, Investor's Business Daily and The Bond Buyer and has written articles for The New York Times, TheStreet.com, The Star-Ledger, The Record, Variety and Worth magazine. Bernice has a Bachelor of Science in Social Welfare from SUNY at Stony Brook.
