TRD-Ferguson said:
Fidelity fee is .05% of your balance. They say they'll manage your funds, rebalance, etc. What they don't mention are the fees associated with the funds. The Vanguard option is more attractive from that standpoint.
I'm not certain I have the expertise to manage things going forward. Or, I'd rather worry about my next cold beer or fishing hole than the market.
First of all, you have an extra 0 in there. Their gross advisement fee is 0.5%. Quite the difference! You can use their robo service for .35% which I would opt for over the gross advisement fee. I've considered doing the latter but it's not worth it for my situation. See below.
Having said that, you can find a full service (investment advice, estate planning, etc.) FA for cheaper than .35% depending on your total balance being managed. I'm a huge fan of Fidelity and have most of our money with them outside of my wife's 401k, but I get more bang for buck from my FA vs using Fidelity for advisement.
Edit: I see that if you opt for their Team approach you can get fee down to .2% if you have balance of $2M or more. That's more intriguing now depending on what your full needs are.