<prompt> Human: Hello, Im looking at opening a Roth IRA that will be managed by someone other than myself. However, Etrade and Ameritrade both require that my account be worth at least 5000 dollars before they will manage it for me. Does anyone know of a better option? One that is cheaper or even has no minimum. Thank you!  <response>: Why do you want it managed by somebody else? Just pick a Target Retirement date. Itll be the same thing and way cheaper.Also, you have to remind yourself, that even though the amount you have saved is a lot to you, to these active managers its pennies compared to some of what they are looking at. You will either get an entry level person with no experience, or somebody with very little experience, but not interest or time on an account with less than 5K in it.Actively managed accounts are really not worth it, especially at these levels or any level below 7 or 8 figures, really 