I am considering consolidating all of my investments with a Fee Based Investment Advisor at TD Waterhouse. His fee is 1.25% annually with a minimum portfolio of $300K. I'll spare the detail on services he will provide but suffice to say he fits the bill for what I'm looking for but his fee seems steep to me. Opinions?
My alternative is to go it on my own with half of my portfolio in a TD WebBroker account with flat rate $10 trades and leave the other half with Nebit Burns and continue paying them $125 for trades but of course benefit from the guidance they provide. Overall I'd say performance and service from Nesbit Burns has been only fair hence my consideration of moving everything to the advisor at TD.
Or the third option is to do it all on my own but I'm 5-7 years from retirement so some "expert" advice and help with retirement planning is getting more important. But the Nesbit strategy seems to be pretty simple - buy more blue chip high dividend stocks and hold them until retirement, no trading and don't try to time the market. I think I can do this pretty well myself but maybe overestimating my abilities.
Maybe lacking detail here but any opinions/feedback is welcome and appreciated. Fire away.