You're overgeneralizing about all the financial advisors out there, Cassandra. Just like the range of talent in any profession, some financial advisors are good at their work & some aren't. It's unfair to accuse all advisors of doing nothing more than sitting around watching the values of their customers' accounts fall -- unless those customers keep a seven-figure amount in their accounts.
As far as being "conned" goes, caveat emptor. Every investor is free to invest aggressively or not. It's the responsibility of every investor to do a little legwork on his own investments. After all, it's his money.
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