Generally I agree. However in today's market where advisors are not money managers, always direct to a portfolio managed by other money manager. If you are HNW (don't know how many $millions you have to have to be classified HNW), it is prudent to check one advisor opinion/advise with other in some cases. You also want to check your options. For example if you have $2 million, then having each advisor with one million, won't increase your fee and 2nd opinion would be worth it?