Self-employed 58 y/o looking to drop financial advisor. 1.35mm taxable. No IRA or tax advantaged accounts. While my fee is reasonable (.85 aum), they don't buy funds, international stocks, treasuries or bonds. My portfolio consists of 22 large cap US stocks and 12% mmf paying 3.65% currently. Each of last 2 years growth has been \~13.50%.
If I switch to self-managed Vanguard or other I assume I'll need to make sure each percentage of stock previously purchased, or reinvested, has been owned at least a year to avoid short term capital gains taxes before I sell to purchase funds?
Also, I'm happy to be invest aggressively as I expect to net \~3mm when downsizing real estate holdings in 5-7 years. Should I hold onto any individual large caps or just 80/20 index and bonds? TYIA!