puts the value of an advisor around 3% per year. Advisors are not paid to be market experts but to help investors from making big mistakes during crazy markets. Stopping clients from selling low during a bear market and staying invested when they are tempted to sell out can save the client many multiples of the 1%. If you have the discipline to stay in on your own (the numbers show most investors do not, Google Dalbar study) than you don't need an advisor. I am biased (I'm an advisor ) but I spend signicant portions of my day during both up down markets stopping my clients from making really dumb decisions (ie selling equities and buying gold 3 or 4 years ago, panicking during the Brexit last summer, wanting to cash in and buy an annuity in their 40's, just to name a few). If I have clients who have demonstrated over the ups and down that they have the discipline to do what's right and they want to leave to save a few bucks then that's just fine. I seek to work with people who are not comfortable choosing their own investments and tend to let emotions drive their decisions. Those people are happy to pay me and the results they get with me are much better than they would do on their own