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[quote=Anonymous]Vanguard PAS, PAS Select, or Wealth Management are the answers for most people, with fees starting at 0.3% of assets under management (AUM) and decreasing (as a percentage) with increasing portfolio size.   You will have professional portfolio construction and management and advice from qualified advisors who are not paid on commission.  They will not manage, but will take into consideration, non-Vanguard assets in your portfolio, so you'll benefit from holistic analysis of your situation.  You can obtain advice whenever you need it, but it will by by telephone or by video, not in person.  The portfolio you'll have will not be overly complicated, will be tax-efficient, and won't be hard to unwind if you choose to leave the service and go in another direction in the future.

There is no reason to pay anywhere near 1% of AUM, and firms with that kind of fee typically construct complicated portfolios which are difficult to understand and to simplify if you leave them.  Those kinds of portfolios also often have a lot of churn, generating excessive capital gains and tax liabilities.  You'll often be put into proprietary mutual funds or ETFs with high expense ratios, further increasing your costs and depressing your returns, and it's not unusual to also be put into a large number of individual stocks, negating the principle of wide diversification to reduce risk.

https://investor.vanguard.com/advice[/quote]

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