I see at least three different types of accounts: SEP IRA, 529 (you have kids?), taxable/brokerage accounts.
Travis is right that WF is screwing you royally. I also agree with Another Reader that Fidelity might be more your speed. And absolutely you need to pay attention to the capital gains generated.
Agree to call Vanguard or Fidelity ASAP to get this started.
But what you are looking at basically is:
1(a). Figure out how many/what type of accounts you currently have.
1(b). Contact the Van/Fido rep and get advice on how to move these accounts over as painlessly as possible. This likely will involve selling off all WF garbage funds
held in any tax deferred accounts ASAP and go to cash in anticipation of getting decent Vanguard/Fido funds after moved over (it's going to be way easier to move cash anyway). Any WF garbage held
in taxable accounts, you'll need to assess how much your cap gains are and whether you are in the 25% or higher taxable bracket and how that is going to hurt you come IRS time. BUT you likely should sell
everything WF put you in, go to cash in preparation for the move and then buy into the Vanguard/Fido funds once the money is over into the Vanguard/Fido accounts. Hoping someone else with superior knowledge will confirm this is the best move, but the Van/Fido rep is likely your best source for figuring this out.
Once you get this figured out, proceed:
2. Open equivalent accounts at Vanguard or Fido.
3. Fill out transfer paperwork for each account held at WF to move to Vanguard/Fido.
4. Submit paperwork to Vanguard/Fido, let them do the transferring (you don't have to speak to the WF bastards again)
5. Sell off all WF garbage that doesn't fit your AA (if you didn't already) and then buy the index funds that fit your AA across your portfolio.
If you want simple, easy, and decent returns, index investing is the way to go. And that means you can actually invest in just a few funds. It really isn't hard, but understanding how index investing works requires one to read and do some basic research, and most folks are too busy, scared, or worried about making mistakes to do their homework. This is how bastards like your WF rep take advantage of you - you didn't see the expense ratios, didn't even know to pay attention to stuff like that, and just assumed that they were professionals. They were, but they are professionals at putting their hand in your pockets and extracting as much of your money into their pockets as they can.
I just posted the following in another thread, and I think it might be helpful for you as well since it sounds like you're still at the very early stages of figuring out how all this stuff works. I knew nothing up until a few years ago, and found this forum and then Jim Collins and Bogleheads and this is my roadmap for how I got up to speed:
Read Jim Collins' stock series to get a great understanding of how this stuff fits together. Check out his site or get his book (based on the site). It is absolutely one of the best, easy to understand guides I've ever read.
http://jlcollinsnh.com/stock-series/Check out
Bogleheads site for any possible question you could have regarding index investing.
The following are the steps I took:
1. Wrote up an investment policy statement to figure out my goals and plans. This is my blueprint for what goes where, why I do A or B if this or that happens, where I want to go in the future, and how I'm going to get there.
https://www.bogleheads.org/wiki/Investment_policy_statement2. Figured out my asset allocation (AA). This is based off of how much risk/volatility I felt comfortable with and set up my portfolio to reflect my AA (which would also include any real estate).
https://www.bogleheads.org/wiki/Asset_allocation 3. I then took a look at what I held where, sold off everything that didn't match up with my goals in my IPS (I decided I was going to be an index investor holding only 2-4 total mutual funds across my entire portfolio, YMMV). I built a lazy portfolio and I am quite pleased.
https://www.bogleheads.org/wiki/How_to_build_a_lazy_portfolioI personally have my entire portfolio with Fidelity (Fido) and am very happy there. I use their index funds so no loads, no buy/sell charges, equivalent to Vanguard's index funds, better customer service (not that Vanguard isn't fantastic, but they do expect you to not need them for much - much more DIY). As long as you stay away from managed funds and paid management at Fido, you can get great funds for as cheap if not cheaper than Vanguard, but with better customer service (my opinion anyway).
https://www.bogleheads.org/wiki/Fidelity