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The problem with investment advisers is that they tend to be quite expensive and are often conflicted. Many investment advisers will charge you 1 percent of your assets per year or more for the service of establishing an account with an appropriately diversified portfolio. In addition, some advisers may be conflicted and will use investment instruments on which they earn an additional commission. If you feel you must get an investment adviser, make sure that adviser is a “fee only” adviser.