I'm 38 and have almost $300k in my retirement accounts. Should I fire my financial advisor?

I'm 38 and have almost $300k in my retirement accounts. Should I fire my financial advisor?

It can be tempting to take control of your own financial future by educating yourself and taking on more of a DIY (do-it-yourself) approach. Undoubtedly, with a growing number of resources out there and a ton of easy-to-use, low-cost products like ETFs (exchange-traded funds), there’s an upside to running your own portfolio. Notably, you’ll be able to pocket the fees you would have otherwise sent a financial advisor’s way. Indeed, it’s a good th…

Exchange Traded Funds, short ETFs, are becoming increasingly popular among young savers. But how do they work exactly, what risks are there and why do many investors rely on this form of investment? A Meller financial expert and the consumer center clarify.