1% is horrible. I won't pay 1/10th of that.
Here's how you exit this crap. Call Schwab and tell them you want out of this management garbage. That'll get you out of the 1% fee. Then, get a history of transactions. You can then start one by one, figuring out investments that have losses and haven't traded for at least 30 days. Sell those. Buy VTI....not VTSAX. They're the same thing, just in ETF form, you can trade it for free at Schwab. For the rest of your funds/stocks, look to see what is at least a year old. Sell those. If you have stuff younger than this with a gain, hold on to them and wait. What I do is I write on my wall calendar what funds to sell and which. When you sell with Schwab, you can choose "sell oldest" to sell funds where there may be a number of buys. The goal of the above is to take the tax loss on the sales (full ordinary income) and pay long term cap gains (lower than ordinary income) on the gains. So for example, if you lost $1000 and gained $1000 on another, you end up with a net loss on your tax return.
All this is called tax loss harvesting. I'll add that Schwab is an excellent place to keep your investments. I have my taxable account there.