<prompt> Human: So... a looong time ago, after leaving my first professional job right out of college, I rolled a 401K into an American Funds IRA that was being managed by Raymond James. I pretty much just forgot about the fund and there it has been ever since. 20 years later just realized how old I am... holy crap... Raymond James has reached out to me regarding some recent legislation by the Department of Labor who is requiring all brokers to have more oversight and fiduciary responsibility to their clients with IRAs and, they sent me some forms necessary to combine your IRAs into one account held at our brokerage firm.I am not sure what I should be doing ... they mentioned my IRA with American Funds, and another IRA I have with Oppenheimer and that I should consolidate them with Raymond James... they also mentioned the annual fees I pay combined 35 and that it would be 50 if I consolidate with Raymond James... I guess I am asking if this is something I have to do or, something I should do? Or, what I should be doing... I have no idea... Any assistance would be greatly appreciated.  <response>: You should rollover the IRAs instead to much lower cost funds at Schwab, Fidelity, or Vanguard. 