You need to (1) compare it to market and (2) not have them manage your money. Just use index funds.

My company switched to Fidelity and I dislike them. I personal rate of return is -6% since they started managing it. I'm not happy.

Is this for retirement? Just switch to vanguard and use target retirement funds

Yeah...if this is Fidelity Portfolio Advisory Services, definitely not worth it.

I have a new adviser assigned to me through Fidelity. The old one was wonderful and I trusted him completely but he was promoted. I met with the new guy and he said he would put together a plan for me since it had been awhile since I had rebalanced my portfolio. I used to be more on top of my portfolio but life has kept me busy. The plan he put together for me was basically a managed account. I agreed to it just going on his word (he really didn't explain it that much to me) but then afterwards I had second thoughts and upon googling, I saw that it wasn't really worth it for people who have under a certain amount of money. I immediately put a stop on everything that same day and plan on changing advisers. I just wanted to get everyone's opinion on the managed accounts - from what I read, I could do this myself - with just a little bit of work. For what it's worth I have about 50k in a Roth, 20k in an IRA, 120k in a individual account. My 403b will be changing from Fidelity due to my employer.