I'm meeting with my financial advisor in a few days to discuss his 1% per year fee. Considering:

A. negotiate the fee down based on increasing size of portfolio and fairly long investment horizon ahead

B. Go to a fee-only model (which may require switch to another advisor)

C. Go indy and use USAA. I've been running a little experiment over the past 4 years in which I've invested about 40% of my money in index funds with USAA... they are doing better than my portfolio through my advisor (2013 to now), before I add the 1% fee into the equation.

I'm happy to pay for the value of an advisor's professional services, just like i pay my attorney or accountant... even if it's a few hundred per hour.