Much depends on whether your parents have major pension or other income or whether they are dependent on their savings for investment income. And how essential this investment income is to their retirement. Are the investment secure or relatively risky?A second question is how do the investments perform compared to their respective indexes such as the S&P 500.A third question is what are the expenses: loads, mangement fees, etc being paid for these investments.If the investments are performing well and your financial planner is a fee only service provider, you may be best off to leave well enough alone. More commonly you will find that they are paying high fees and loads for mediocre performance. Then there are things you can do to improve.Fooldom has many sources of information in this area including books. But begin with Fool School from the fool.com home page for ideas on what to look for as you look over your parents investment records.Best of luck to you.
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