I recently had to move my mom into assisted living. I'll be putting her house on the market in about a month. Her portfolio is currently handled by an advisor (1%) and I don't see any point in adding to it.
I'm going to open a Fidelity account in her name (I have full POA) and am leaning towards putting it (abt $250k) in either VT or VTI and leave it grow. She should have enough in her managed portfolio to last her remaining years.
Opinions? Suggestions?