You may find these links helpful:

• General Information on Rollovers
• 401(k) Fund Selection Guide
• Retirement Accounts
• "How to handle $"

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I wouldn't pay a 0.7% fee. That will add up to a lot of money handed over to an adviser in the long run.

Agree with another if you're just doing funds no real need to pay to have someone manage. I'm in similar situation. Currently I've got the old one sitting left alone, but intend to move it to the new 401k. The fund options are similar. Just no need to have 2 accounts and money split I can see. It's another thing to try and manage when I could have it all in one place. Just need to start the process.

My accounts with the advisor aren't in target funds, the advisor buys and sells constantly. And I agree, I don't want to have a second account sitting around so I'll move it somewhere.

>the advisor buys and sells constantly

Why does your advisor do this?

Well not constantly, but I'd say I get trade notifications once a month to every other month? Not sure why. My mom's been using the same advisor for 30 years and her investments have done very well.

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