<prompt> Human: I have been speaking with a financial advisorplanner about his services for a few weeks now and I would like to hear PFs advice.I am a 22yo single male making 60k a year. After living expenses, food, discretionary spending, etc. I have about 1500 left over. This financial planner would like me to use 1000 of this in various investment classes of his suggestions life insurance, disability, stocks, ira, 401k, etc. When I asked about his firms fees it is 5 flat of what you choose to invest. No fees afterward. I have never used a financial planner before and Im not sure how this rate figures in on the average or if I would be better off not using the service. Thank PF!  <response>: His fees are a 5 front-load fee, meaning right off the bat you have 5 less to invest in. This is very steep.On top of that, you will have whatever fees the investment vehicles your advisor chooses to invest in. This can be a number of additional percentage points. Your advisor will probably also receive commission from some of the items he sells you. Ask him if he has a fiduciary duty to you. If not, then hes not 100 invested in making you the most money possible, hes also looking to make himself the most money possible. Actually, run away even if he does have a fiduciary duty. Those up-front fees are ridiculously high, and thats not even counting the other fees he didnt tell you about.Either invest yourself this sub is an excellent place to get info on how to do that, spend a few hours reading the sidebar links or find another fiduciary advisor that charges either a flat yearly fee, or a much smaller percentage. 1, maybe 2 at most. 