<prompt> Human: Im considering using a financial planning group for my investments. The total fee for the advisor and investments is 1.77. Is this a fair price? Assistant: The total fee for the advisor and investments is 1.77. Is this a fair price?No, that is highway robbery.Grab a copy of this spreadsheet and see what expenses of 1.77 do to your portfolio over an investment lifetime. Make sure you are sitting down.What you should do instead is read the long-term investing start-up kit link in the sidebar, and learn to manage your own investments. Its really not difficult and you dont need a finance degree to do it. In fact, most financial advisers are just salespeople who dont come from a financial background but have had several weeks of sales training and who managed to pass a securities exam the bar isnt super high. If you ever actually need professional advice, you should only get it from a fee-only planner that guarantees in writing that they have a fiduciary duty to you.To contrast, my own portfolio of low cost index funds has total annual investment expenses of 0.08. Plug that into the spreadsheet and see what a difference it makes.Human: Ok thanks for the info! Its a struggle cause I feel like I just dont have the time to invest on my own. I thought one of these companies could do the thinking for me and I wouldnt have to worry about it. Just fire and forget, you know? But it sounds like they are a rip off...  <response>: Its a struggle cause I feel like I just dont have the time to invest on my own.You definitely have the time to invest on your own. You dont need to read market news, watch market performance, or sink tons of time into investing. In fact, none of these salespeople would do so either even if you hired them, theyd put your money into expensive mutual funds and move on to trying to find the next client.Contributing money to an investment account each month and rebalancing about once a year is a very low time commitment. If you have time to comment on reddit, you have time to manage your own investments, it really does not take a lot of time. Trying to offload that time commitment onto someone else is going to cost you a lot of money for zero or negative gain. Dont do that. 