Reply to Talk to me about why we should or should not use a financial advisor

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[quote=Anonymous]If you want help, I'd suggest using a fee-only planner as opposed to paying someone a percentage of your assets to manage your accounts. This gets expensive and at your level probably isn't worth it. Fee-only advisor will help you create a plan and you can revisit this with them annually to rebalance/make changes. Otherwise you are likely paying 1-1.5% of your assets and have less control.

You could also do this yourself relatively easily. The general theory is:
Max 401ks
Max Roth IRAs
Max HSA
Leftover goes into taxable accounts

Easiest way to setup portfolio is the following:
vanguard US stock index
Vanguard international index
Vanguard total bond index

This is pretty vanilla but it is simple, efficient, and cost-effective. 
There are more complex scenarios a planner can assist with (estate planning, tax moves,etc)

I'd probably avoid most of the big banks (bank of America, chase, etc) and look for a smaller outfit that specializes in fee-only plan services[/quote]

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