 If you take all of his clients and he averages at least 5% growth after deducting fees for the last 10 years, then he is a keeper. Chances are after the fees, commissions, and market losses that would not be in the report because he would not want to provide it to you. Is it your broker's fault he can't provide your retirement money the growth he illustrates for you? In some ways, not really. The types of products he sells takes fees and commissions directly out of your money.