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Author: MajorMajor78 One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75777  
Subject: Re: Any reason to keep my financial advisor? Date: 3/2/2012 2:58 PM
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As you've obviously picked up by ow from other posts, Ameriprise is looking for people are either completely ignorant about costs and are willing to just hand everything over and ignore their own finances. There are a few other options out there.

1) Garrett Planning network will list financial planners near you that work on a fee only basis. Pay a one-time fee for some good advice and fund recommendations and then just worry about annual rebalancing.

2) Since you are talking about using vangaurd funds why not just go to vanguard with your accounts? They offer a financial planning service for $250 dollars for people with over $50K in assets held at vanguard and the plan is free to those with $500K or more. Vanguard's plan just covers fund recommendations though. I don't think they take a look at other assets such as real estate and the like.

If I were you I'd either pay more to an hourly advisor for a complete financial plan or use vanguard to get a better grasp on asset allocation going through retirment.
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