Question: I’m 19 and working as a stripper part time right now and I make 60k a year, and I plan on doing so for the next 7 years. I have 15k saved up, but it’s just in a bank account. 

I’m also in college majoring in nursing. I have scholarships and my parents are paying for the rest of my school costs so I won’t have any student loans. I don’t have any debt or loans or anything, and I’m pretty frugal.

I don’t know anything about investing or stocks, so I was wondering what I should do? 

I’ve heard about Roth IRAs and how it’s beneficial for young workers whose tax brackets will go up later in life, but would it be good for me since nurses make not much more than I’m making right now? 

What other kinds of options are there for low risk high interest?

Answer: 
What's "reasonable" is largely dependent on what you're expecting them to do for you. [Nerd Wallet has a decent article](https://www.nerdwallet.com/blog/investing/how-much-does-a-financial-advisor-cost/) about the cost structures of various FA arrangements. What you're describing from those 2 FA's you interviewed seems to be option 2, which is essentially an annual retainer. What you paid for originally was option 4 - a flat fee for a plan, meaning you buy the plan and walk away.

> 
> 2. A RETAINER FOR CONTINUED SERVICES
> 
> 
> [...] One common way to charge for that kind of planning is an annual or monthly retainer. For that
> fee, the advisor typically will create a financial plan for you, help
> you implement it, monitor your progress and adjust things as needed.
> If you have trouble sticking to a plan or need help changing your
> behaviors, a retainer model may be for you because it provides ongoing
> oversight.
> 
> 
> The cost of the retainer typically isn’t linked to how much you have
> available to invest. However, you may pay more if your financial
> situation is complex.
> 
> 
> Typical charge: Between $2,000 and $7,500 a year.
> 
> 
>
You are interviewing two advisors who are pricing their services differently than the one you used 15 years ago. 

They aren't spending x hours and giving you a report and walking through it in a short meeting. You then executed their plan over the next 10+ years. 

These two are proposing a continuing set of services, because they are proposing an annual fee. One risk is that they will be sending you advice every month to justify their regular fee. This could lead to conflicting advice. 

But if you are comfortable with executing a basic plan based on an advisors set of rules developed with your goals and situation, you should be looking for an advisor that will generate the type of plan you paid for 15 years ago. Not one that is basing it on a percentage of your wealth.

Yes it will be more than the $300 you paid 15 years ago, but it won't be 10 times the cost either. They should be able to explain their fee based on the number of hours.