This is for my dad. With all the ups and downs in the stock market, it is very difficult to navigate the portfolio unless he goes with S&P500 ETF. He is thinking about engaging a financial advisor and would like to get your advice. He has relationships with both Morgan Stanley (through eTrade) and Merrill (through BoA). I am certain these folks have access to different financial instruments than the average person. I believe his next egg is around $5m (including 401ks) and most of it is in Tech. Appreciate your feedback and recommendations.