I've been giving my high school friend / financial advisor the max for my Roth IRA each year since 2006. Each year that rolls around, I give him the max amount you can contribute to the Roth and he invests it and I don't think twice about it. He has been my friend for 25 years and I trust him.
I've just realized that I'm paying 1.25% for this and I've been reading how advisor fees can kill a portfolio and I can do this myself for a much lower fee.
What should I do to move the $140k I've accumulated? Or, should I just leave it with him and start maxing out a Roth IRA on Vanguard? What are my next steps?
Submitted June 23, 2018 at 12:36AM by dudeman456789 https://ift.tt/2IjpMJX
