<prompt> Human: I apologize in advance if I am misusing some of the investing jargon. I am very new to this.There are 2 things he called me in to discuss. To set the stage I have been investing for about a 1.5 years with him and thru 400 a month contributions I have accumulated about 11000 in an A share mutual fund. His proposal to me was in order to diversify my portfolio I should purchase another A share fund and contribute 200 a month to each. My concerns are 1 Why do I need to diversify such a small amount of investment 2 At 5.25 front end commission until I hit 50,000 why would I want to double the amount of time it takes me to get to 50 grand?The second and scarier proposition was for me to have my mother who is 62 and disabled to move her IRA from a non managed account to a managed account for 1.25. His reason was in case she wants to do anything with the money she wouldnt have to pay fees.Then to top it all off there pages missing from each of these proposals...the last 8 pages that I suspect contained all the disclosures.Am I being paranoid? I should also disclose that my adviser is a very close friend.  <response>: You wont get any support here for paying 5.25 front load on any investment. The adviser might be a friend but isnt really acting in your best interest and it sounds like his plan for your mother might be more costly than what she currently has. I doubt there are any good arguments for his suggested changes except that they are good business for him. 