>>61190865
>Convince me not to give it to a wealth management team at Merrill Lynch
Easy: those "wealth management" groups are total scams. They'll churn your principal through a dozen trades a day, deducting fees every time, until you're wiped out.

That's not a hypothetical, I've seen it happen. I used to live in Seattle when Microsoft was THE big thing there, and there were plenty of techies who got their five years in, retired, transferred their stock to a "wealth management advisor", and promptly got wiped out by those assholes doing exactly what I described.

Sympathies on your dad, BTW. I'm dealing with the same with my mother except that she shows no sign of dying before she kills me off from the stress.

>>509388143
>https://www.c-span.org/congress/