<prompt> Human: So my wife and I hired a Financial Adviser Waddell Reed in Feb 2013. I knew nothing about investing, or the stock market at that time, so I know was very foolish. But in that time have not really seen much in performance in 18 months with the company. We opened two Roths one for each of us and had him pull our old traditional IRAs over as well as open a taxable account they call MAP Plus. We signed a 3 year contract. I have since found this subreddit, and just finished reading The Bogleheads guide to investing and was not aware of the 5.75 Front Loading Fee, the High Exp Ratio, then you add on my FI 1.5 fee, I am paying upwards of 8.91 in just fees. So I have opened a Taxable account with Vanguard, and want to move all my money over to there. Would I be best paying the early term fees and moving it over? My FI has been pretty cool to my wife and I, but I am done paying those fees. Whats the best way to make that call and approach the situation? Assistant: Thanks for the replies and advice. When I move the IRAs over to Vanguard, I will keep them as IRAs. The only change I might make it roll the old traditional IRAs into our Roths and pay the taxes. I am really not looking forward to this call, and I wish I could understand how much in fees it will cost me to break the 3 year agreement. Plus I consider my FI to be almost a friend. But my wife and I work hard, have stressful jobs and 100 of one income goes into investing. When you factor in all the fees, basically we have to work 3 weeks just to cover the fees for the 1st year, thats ridiculous.  <response>: Call Vanguards Concierge service first and they will call Waddell with you on a three way call. You dont even have to speak with your advisor, theyll just call the main WR number. 