Originally Posted by La literatura
So, practically speaking, how does this work? I take my $10K to a financial adviser, and say, "I want to put 1/3 in S&P 500, 1/5 in emerging markets, a 1/3 in Russell 3000, and the rest in a bond index." And then they know what to do?
They should know as long as you tell them you want index-based funds. I did it the manual way through Etrade. I am hands on like that.