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system
when to hire an investment professional?
user
i don't know what you mean by 'major'. do you mean the fund company is a fidelity or vanguard, or that the fund is broad, as in an s&p fund?  the problem starts with a question of what your goals are. if you already know the recommended mix for your age/risk, as you stated, you should consider minimizing the expenses, and staying diy. i am further along, and with 12 year's income saved, a 1% hit would be 12% of a year's pay, i'd be working 1-1/2 months to pay the planner?  in effect, you are betting that a planner will beat whatever metric you consider valid by at least that 1% fee, else you can just do it yourself and be that far ahead of the game.  i've accepted the fact that i won't beat the average (as measured by the s&p) over time, but i'll beat the average investor. by staying in low cost funds (my 401(k) s&p fund charges .05% annual expense) i'll be ahead of the investors paying planner fees, and mutual fund fees on top of that. you don't need to be a cfp to manage your money, but it would help you understand the absurdity of the system.
assistant