<prompt> Human: Hello,I am 27 years old and recently inherited about 700,000. My family has a financial advisor through a more prominent firm, but I can not trust the guy. He is charging 237; fee on our total sum. He got a lot of customers, so I feel like he does not have enough timeenergy to focus on my wealth. I have been studyingreading and thinking about doing it by myself through Vanguards index funds. Im thinking put majority of my money in couple index funds and let it sit for years without making adjustments. However, I am pretty scared that Im going to blow all my money. Some say I should hire a financial advisor, but it seems like FA are all trying to do whatever is in THEIR best interest although they say that they will be my fiduciary. Another person recently told me that I should hire a tax consultantaccountantlawyer so that I can find the best option for me. However, I dont think I need to worry about taxes, bc I am currently in a professional school, so I have no income.What do you guys recommend?Edit: Im sorry. I dont think I was clear regrading the fee he is charging us. 237; is one time fee as long as I leave it in that designated mutual fund. What I meant by total sum is I will put into a mutual fund and after that i guess there are some hidden fees. I guess the fee is set by each mutual fund company and he gets a little portion of that 237;. Do you think 237; one time fee is still very high?I know that I should not try to time the market, but do you think I should get into market soon with this amount of money?Assistant: He is charging 2 fee on our total sum. Thats madness, when you could just dump your money in a couple of index funds at Vanguard, and wind up with twice as much money in 30 years.However, I am pretty scared that Im going to blow all my money.Blow it how? You mean spend it? Human: Lol no, I meant since I have no experience with stockfunds, I fear that i will lose allmajority of my money try to do this by myself.  <response>: But you wont be doing it. Vanguard will. 