<prompt> Human: I want to make sure I am correct about this before acting because its a big deal for them. My parents Late 50s age received an 162K inheritance recently. Their financial adviser told them to invest the entirety of the fund with him, which they did. Its 100 in mutual funds 77 equity 15 fixed income and 8 Real estate. He charges an 1.5 annual fee. They owe an 355K mortgage at 4.375 and have about 10K in credit card debit. Shouldnt they pay off the CC debt and dump the rest into the mortgage?? At their age it seems like an excessive risk and borderline insane that an adviser would recommend this, but I want to make sure Im not missing anything. I really appreciate any feedback.  <response>: Their financial adviser told them to invest the entirety of the fund with himYes, they were given bad advice because they are using a commission based advisor who, by definition, does not have his interest aligned with theirs.Most of these people make their money on fees for the portfolio and even more on trades, so they trade a lot...and have a lot of excuses why they trade so much. 