Should I use the financial adviser at the firm holding my $1.4 million 401(k)?

Group 1 - The individual has $1.4 million in a 401(k) at Fidelity and is considering hiring an adviser for a 0.83% assets-under-management fee [1] - It is crucial to clarify the role of the adviser, whether they will manage only the retirement account or the entire financial landscape [2] - The average cost of a financial adviser is about 1% of assets under management, but services can vary significantly [3] Group 2 - Clients should ask the adviser to specify what services are included in the fee, such as ongoing investment advice and whether it covers only the retirement account or other assets as well [4] - Financial advisers provide a wide range of services, and clients must understand what they are receiving when choosing to work with one [5]