Finance Questions? Ask a Financial Expert for Answers ASAP
Welcome to Just Answer. I am here to help you resolve your tax and finance concerns. Please feel free to ask anytime you need extra help.
Considering the stock markets and the overall economy, just having most of your money intact is a good thing. The advisor is doing a good job from my point of view. The cash account will not earn much since currently interest rates are low. Also, the investment advisor's fee is less than 1% which is really quite reasonable for the services being provided. I suggest that, if you feel the need, you discuss the fee with him/her. Fees are always negotiable regardless of what some may think. I just would not expect it to drop by very much. You are unlikely to find this service elsewhere for less.