They really are pricey. There are lots of CFP/Investment Advisers that will do what they're doing for 1% and two or three thousand for the plan. And even in NY 750 and hour is really pricey. I would shop them by going here: http://napfa.org/ .... I'm guessing that the folks you are using ARE fee-only (a MUST) and I would hope that they have CFP's CPA/PFS and estate and tax attorneys on board or then you'rem REALLY paying too much
If you'll let me switch to Q&A mode I'l do a little homework on some advisers in your area based on ((1) track record/disciplinary history (2) fees (3) credentials .... The 1.5% PLUS 1.5% is ridiculous ... that tells you that they're just providing a gateway and not willing (able) to do the management themselves ... a MUCH better alternative would be to go with a good planning firm and then a good investment advisory firm for something more like 1 to 1.5% ... keeping those two pieces separate (removes a conflict of interest and makes both more accountable for the task they are providing)
If you don't mind. Check back in an hour or so.
Still pretty expensive
Start here .. all reasonable ... all much more reasonable and MAY be a better fithttp://findanadvisor.napfa.org/Members.aspx/View/7061/8239http://findanadvisor.napfa.org/Firms.aspx/View/6286/6914http://www.mainstreetplanning.com/msfp/http://findanadvisor.napfa.org/Members.aspx/View/26585/8239