QUOTE (southsider2k5 @ Aug 18, 2011 -> 08:43 PM)
Watch the fees. That is probably why he wants you diversify. Honestly if you have google, you know as much as they do. If you can drop the adviser and move into a discount broker, do it. Full service brokerage is a complete waste of money. You can get into ETFs that mimic any fund you could find, and at a small fraction of the extra costs.
I've definitely been looking to have a little more control of my own accounts and do it through a discount broker. I emailed the guy this evening trying to find out what penalties, if any, I would incur for closing out my accounts. Hopefully I'll have a better idea of the direction I want to move tomorrow.
Thanks for your advice. Any suggestions as far as alternatives to full service brokers?