<prompt> Human: throwaway Over a decade ago when I was young I inherited millions having lost my parents and having had no experience handling any large sums of money or any sort of preparedness. Everything was handled by my parents bank and the money was in the form of trusts Which I since gained complete control over the principal. Ive just sort of rolled with letting the bank manage everything and just getting money when I needed it nice right. Lately however I have really been questioning, lets say my lack of involvement. Im intelligent and good with numbers and grasp all manner of things quickly, but I still feel blind. They will answer any question I have, but that doesnt help if I dont know the right questions I should be asking or what I should really watch out for. I also feel like the amount that they take as compensation its around 1 of total annually, though it seems to be industry standard, is a lot as it ends up being more than I take as disposable income I mean christ its like 8k a month.I feel like I should be shopping around with who to manage my money but dont even really know where, how, or if I even should. Or if I should even be paying someone. Historically it seems if I just mirrored any of the indexes I would end up with the same gains and losses, or possibly even less losses and more gains. Im not really sure what they get payed for based on that fact.  <response>: it depends what kind of return you are getting on your money.. if the bank is charging you 1 percent, but they are investing it so that you have a 8 percent return on your money that would be 64 k monthly, then youre getting a great deal! if youre getting only a couple percent return, then I would look at other optuons. I would buy bonds.. they dont give much return, but they are really safe when you have a lot of money, your main goal should be preservation of wealth. you dont need to be taking risky positions to get rich like us poor peoplebut my true recommendation is not to take advice from random people on the Internet. I would go on amazon and buy 5 of the most highly rated books about wealth management, and study that for a while. that is a 100 investment that could yield you millions in the long term. 