text: Stop paying those fees.  Move your equities to an online account.  Pay a chartered financial advisor a flat fee (usually a few hundred) to advise you if you don't know which to pick.
  
  1.6% is highway robbery.  Investment advisors are shysters.  Look, picking stocks is not that hard.  Just Google the top 10 stocks that Warren Buffet likes and by those.
  
  Again, advisors are shysters.  And yes, they are depleting your equities.