We have a financial adviser through the Bank we started investing with a while ago. She seems like she is good at her job from the 30 minute conversation we had. She has many letter after her name.
We are wondering if we should pay the $70 yearly fee to keep our money with her Bank and maintain her as our contact. There are additional costs we would pay to stay with the Bank in the form of higher ER funds and potential loads depending on what funds we decided to buy. She says Vanguard index funds are available to us through her Bank. So if we put our money into VTSAX, which is what we intend to do, she wont get any loads. She stated this after initially recommending some American Fund Class A shares for which we would pay 5.75% in front load costs.
Should we sell these investments at the Bank and move it all into accounts directly through Vanguard. Is there anything we need this person for?