<prompt> Human: So, by surprise this year, I inherited a very large investment account 400K from a wealthy grandparent? Nice surprise, I know, and Im very grateful. However, as someone who has never had this much money Im in my late twenties, Im having some issues deciding what to do with it. The account is currently with Edward Jones. About 13 is in a variable annuity, 13 is in municipal bonds, and the other 13 is in mutual funds.Im thinking of moving the account from Edward Jones. I hate the commissions they charge, and the account has consistently underperformed the SP 500 by about 4, so Im not really sure the personal service they offer is worth it. Im thinking of taking it to Vanguard or Fidelity.But from there, Im not really sure what to do with it. I was going to try to reallocate into something more aggressive since Im young, but I wasnt sure if that was a good idea with so much on the line? Also, I have no clue what to do with the variable annuity, which I always thought were bad investments?Any advice is much appreciated. Considering hiring a fee-based financial planner, but I just generally like doing things on my own and hate spending money. Edward Jones suggested hiring an accountant for tax purposes... already over my head on this.  <response>: Thats a pleasant surprise. Run as fast as possible from Edward Jones - worst of the worst. VAs are indeed terrible investments. Cash it out, sell the other investments and EJ and transfer the the money for long term goals like retirement to Vanguard, and to a savings account for shorter term goals. Decide if you want to buy a house with some of it. Try to effectively transfer some money to tax advantaged accounts by maxing out your IRA and 401k at work, and using some of this to make up the difference. Dont see why youd need an accountant. 