<prompt> Human: Ive been giving my high school friend financial advisor the max for my Roth IRA each year since 2006. Each year that rolls around, I give him the max amount you can contribute to the Roth and he invests it and I dont think twice about it. He has been my friend for 25 years and I trust him. Ive just realized that Im paying 1.25 for this and Ive been reading how advisor fees can kill a portfolio and I can do this myself for a much lower fee. What should I do to move the 140k Ive accumulated? Or, should I just leave it with him and start maxing out a Roth IRA on Vanguard? What are my next steps?  <response>: Unless hes been killing it in the return category, I wouldnt be paying anyone 1.25 to manage my IRA when I can do it for free.Call VG and have them initiate a IRA rollover. You can select your own funds believe the sidebar has a lazy 3 fund approach section that would be up your alleyEdit: just to give you a basis of comparison, Im no fund expert by any stretch of the imagination, but I have a 12 return over 10 years without any costs other than the expense ratios I pay all below 1, most under 0.25 