<prompt> Human: I currently have around 25k in a 2050 target fund thru American Funds Roth, which my current adviser got me into a few years back. He was talking to me today about a Managed Roth Account, which from my understanding is reallocated more often by an investment broker and the funds they pull from are more diverse than just American Funds.The main difference that I can tell is that the fee structure will change I know that different mutual funds have different fees and I want to leave that out of this discussion since both choices will incur those type of fees from 5 for transaction on American Funds, and 1 per year of the balance for the managed account. So for example, with AF I pay 275 for every 5500 I put in per year and would pay that 5 if I do reallocation.Now the Managed account since it is a fee based on the balance of the account, will always be higher than the AF account since the min balance is 25k, the lowest the fee would be is 250 for a year. But I guess the upside is that the accounts are more diverse and presumably the management fund has incentive to make me more money because their payment is based on that balance I have.Has anyone ever used these types of managed Roth accounts before? Of course it costs more than just doing it without a broker and such, but does the returns make it worth doing?Edit: I will include that this is the first year I have been doing my company 401k Im 29 now because in my previous jobs I didnt get a match, so I maxed roth and did IRAs instead for the liquidity of fund access. Now Im in a more stable job and i get the somewhat standard 50 match 401k up to 6 which I do as well as max a roth yearly.Assistant: Could you elaborate on why it is a bad move? Im not disagreeing or anything but in would like to learn more about it.PF seems very anti-advisor in general, which I suppose I understand to some degree, but I never felt that my advisor has tried to deceive me in his recommendations, and is very candid with me when I try to understand how he is paid from his interaction with me.  <response>: The adviser gets a lot bigger fee for this kind of account, but theres no reason to think that the additional activity will improve YOUR results. In fact studies consistently show you will on average pay more and make less. To make this recommendation, your adviser sees you as a mark and is trying to increase his commission, NOT improve your returns. 