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[quote=Anonymous]DH and I are not investors/people will deep knowledge of investments and stocks.  We are both lawyers. Our HHI is around 450K a year.  As of right now, we've been doing all the right things in terms of maxing retirement, completely paid off our student loans (law school and undergrad), are putting money towards a 529 for our daughter, etc.  We aren't frugal by any means, but have a modest savings built up (around 150K and growing approx. 4-5K a month).  Our major expenses are a large mortgage, we both lease fancy cars (yeah, yeah I know but you gotta have some weaknesses right?), and we take 3 x one week vacations a year, either abroad or to a nice beach vacation spot domestically, with some weekends away sprinkled in - probably 20K total worth of travel. We don't live in DC anymore, but we live in a city with a high cost of living that requires driving (hence the two cars).

We recently met with a financial advisor from a large bank.  We are waiting to hear back from him on "details" of his plan for us but I am sort of hesitant about actually using him.  What, exactly, can he provide to us that we can't just gain from investing in a low-fee Vanguard account? Am I missing some sort of huge benefit to having a financial advisor? And if so, should it be someone tied to a large bank?

Thanks, in advance, for any insight.  [/quote]

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