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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]OP, a better option would be to meet with a financial planner, that will go over your estate plan, all of your insurances, tax planning , retirement planning and investment management for a year. After the year, you can decide if you need them further. If your life is not complicated, you might not need to see a financial planner till you are a few years from retirement. This approach will save you money in the long run.[/quote]

OP here. This is what our FA did the first time we met with him. Isn’t it the same thing or very similar? [/quote]

It depends on the level of diligence that was provided. How long have you been with them? Can you tell us investments the advisor put you in and how much money roughly is in them?[/quote]

We’ve been with him since 2018 and this was all new to us at the time. We’re currently in our early 40s with two young kids and I just feel like everything is so conservative with him and we’re not making enough to justify his fees. To be fair, I have a higher risk tolerance than my husband but my husband has gotten on board with my more aggressive suggestions of investing. The main reason we signed up with him was because of the all of the pre-clearance requirements and we were just a bit overwhelmed with where to start. When the kids are done with daycare, we’ll be able to add even more cash in addition to what we contribute on a monthly basis. [/quote]

As was stated earlier, the pre-clearance should be a nonissue if you are investing in broad market index funds or ETFs.  So, I wouldn't consider that a reason to stay with the advisor.

In terms of risk tolerance, you are still young and have at least twenty years before retirement.  You could invest everything in stock indexes so long as you know you will not panic and sell it all off if the market suddenly declines by 20%. As you approach retirement, you could shift over to a more cautious 80% stock, 20% bonds or the more traditional 60/40 split.[/quote]

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