[l2ridehd]

85% of all financial advisors fail to beat the market in any 3 year period. It goes to 95% in any 5 year period. Unless you believe they are part of the 5% then you can do better by just buying a very low expense ratio of index funds that cover the total market.

So why would you pay someone 1% of your money, plus you will pay the fee's of the funds they put you in, plus you pay a transaction fee every time they make a move, when you can do that yourself?

Financial management is really simple. Educate yourself for 8 hours and you will begin to understand why it makes sense to do it yourself. Invest an hour a day for the next 8 days. Go to boogleheads.org and read "Investing Theory" as a place to start. Then maybe some of the books they recommend.

If you really want a financial advisor after that, use Rick Ferri at Portfolio Solutions as he charges only .34% of assets under management and provides you access to DFA funds which are very low cost index funds.

I manage my own and my total expenses including all fund fee's is .011% of total assets. I do pay Morningstar $99 a year for a subscription so I can research any funds and stocks I want to know about. But that is more to force me to not make any moves then anything else.