Personal finance columnist Lesley-Anne Scorgie shares the three key indicators that it's time to break up with your financial advisor: poor communication, underperformance against benchmarks over seven years, and an inability to think holistically about your finances. She explains how to request a "total household rollup performance report" to evaluate your advisor's true performance, how fee structures like 2%+ MERs make it harder to meet benchmarks, and why many advisors are now lowering fees to compete with robo-advisors. Lesley-Anne also walks through the surprisingly simple logistics of transferring assets to a new advisor and provides scripts for having that difficult conversation.

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