A.I.M. Users Bulletin Board

[jdmagaw]

Fidelity Managed Accounts.
HI, I'm now retired and in process with moving my work 401k to Fidelity, and they propose using a managed account. Fidelity calls this arrangement a strategic discipline, and in my case includes a mix of US large cap companies and bonds. This account includes an annual advisory fee of 0.64%, among possible other costs. Does anyone have experience with such arrangements at Fidelity? Are these fees justified for their professional attention? Thanks!