*Assuming 5% annualized hypothetical growth of 500k portfolio vs 8% hypothetical annualized growth of advisor-managed portfolio over 25 years. Source: Putting a value on your value: Quantifying Vanguard Advisor’s Alpha, Vanguard, July 2022.  Nothing within the article, or related to the returns within the study are indicative of any returns generated by advisors on the Zoe Network.

This chart shows hypothetical illustration only. It does not reflect any actual client account, actual trading, or actual returns earned by any advisor in the Zoe Network. The figures are based on a simple math example: how a $500,000 portfolio could have grown over 25 years assuming 5% annualized returns without an advisor and 8% annualized returns with an advisor. These growth rates are assumptions used for illustration, not predictions or guarantees. The 3% difference is drawn from a Vanguard study ("Putting a Value on Your Value: Quantifying Vanguard Advisor's Alpha," July 2022), which estimated the potential value an advisor could add through services such as asset allocation, rebalancing, behavioral coaching, and tax efficiency. The study reflects Vanguard's analysis, not Zoe's. Actual results vary widely. Some advisors may add more value, some less, and some may not outperform a do-it-yourself approach after fees. The chart does not account for advisory fees, taxes, trading costs, or other expenses that would reduce returns. It does not reflect the performance of any Zoe Network advisor. Past performance is not indicative of future results. All investing involves risk, including loss of principal.