<prompt> Human: I have been considering having someone actively manage my investments and I dont know where to start.What I want is someone who will actively manage investments for me, buying selling assets. Like a mutual fund, but more actively managed. I am willing to pay an asset based fee, not a commission.I want to do this because when I have time to spend 30-60 minutes a day following the market, I can do well. I pulled into cash during one of the fall crashes, got back in during the rise, etc etc. But if you miss 1 day of paying attention due to travel, work, family, you miss out on a rally or crash. I know that nobody can time the market exactly, but anyone could beat the current 30 minutes a month amount of thought I give it.My questions are:1 Is this something a financial planner will do? I currently assume no2 Where would I find someone to do this?3 What are the typical minimums? I have about 250k in investmentsMy concerns are:1 Passive investments beat active in many scenarios, but even switching from a stock index fund to cash or vice-versa can lead to gains or loss mitigation. Thoughts?  <response>: I think youre heading down a very bad path and strongly suggest you read the Bogleheads Guide to Investing. Passive investments beat active in many scenarios, but even switching from a stock index fund to cash or vice-versa can lead to gains or loss mitigation.Not many scenarios - try most scenarios and consistently over time, year after year. There are countless studies showing that in aggregate active managers lose each year, and worse: the ones who do well one year might do terribly the next.I understand the impulse and the desire to believe there has to be a better way, but all you do by having an adviser who actively managers your money is add a whole new layer of risk that they might mismanage your money. . I know that nobody can time the market exactly, but anyone could beat the current 30 minutes a month amount of thought I give it.This is a common mistake people make about investing - unlike riding a bike, you dont get better at it the more time you spend doing it. In fact, high turnover often leads to lower returns, thanks to mistakes, taxes and expenses.Really, I cant strongly enough recommend you do some research on this to better understand that no one has a crystal ball and greater effort does not necessarily mean greater rewards! 