ANY day now, financial advisers will start sending clients their annual reviews and outlooks along with year-end account statements. Both will probably look pretty good. With the 11.4 percent rise in the Standard & Poor’s 500 Index in 2014, chances are most investors saw their portfolios rise in 2014. But does that mean their advisers did a good job for them? Answering that may be more difficult. “Returns are a piece of the puzzle,” said Tom Robinson, managing director for the Americas at the CFA Institute, which administers the chartered financial analyst designation. “But I’d probably look at those last.”