<prompt> Human: Im in my late 20s, living in the US, and my mother passed away recently. She had around 600k in an IRA at a large brokerage firm, and my two siblings and I were named as beneficiaries. So each of us now has a beneficiary IRA account at the same firm, with 200k in stocks and other assets. For the management services this firm provided to my mother, they charged fees of about 1.5 annually. Her investment adviser now wants me to meet with him so that he can lay out options for how to manage these assets.My immediate reaction is that I should run away from this firm as quickly as possible. My plan is basically:- Call Vanguard, where I already have a Roth IRA invested in a target-date fund with an expense ratio of 0.16- Ask if the funds from this Beneficiary IRA can be rolled into a Vanguard account, preserving all the tax protectionsrequirements and without commingling these inherited funds with anything else- Invest the money in passively-managed, low-expense fundsIve decided to entertain the investment managers request and meet with him in the next few days. Im very incredulous, though. It seems like this is a guy who has a pretty big vested interest -- I see this money as a gift from my departed mother, and I imagine hes going to steer me toward whatever option allows him to skim hundreds of thousands of dollars from that gift over the next few decades, and not the option that benefits my long-term financial growth and stability.So, with that plan in mind, a couple question:1. How much of a chance should I give this guy? Is active management actually an OK idea in this situation, and if its worth entertaining, what questions do I ask to compare his expenses and yield to what Id expect to get from Vanguard?2. Is there anything to watch out for in moving these funds to Vanguard? Can this firm nail me with transaction fees, penalties, etc. if I try and get away from them? Can Vanguard handle everything for me, or can the firm throw up red flags that Ill need to navigate myself? Any tax penalties to consider?  <response>: There are special rules for a non spouse inheriting an IRA that prevents you from just treating it in the same manner as you can your own IRAs. I find Schwabs guide the easiest to understand the various options.As to your other questions, no, there really is no need for this money to be actively managed or to pay others to manage it for you. 