You're working, and you've got a family that depends on you - both now and down the road. Where do you invest your money? Do you borrow against the equity in your house? Through a preferred provider relationship with USAA, The American Legion can provide expert financial advice to just about any question.
It sounds like your wife’s CMA account is just a non-retirement brokerage account. If she’s working with a full-service broker, it’s likely there could be a host of fees or charges. We don’t toot our own horn too often, but in this case it may make sense to give one of our USAA advisers a call at 800-531-3392 and let them help you develop a plan that makes sense in the context of your financial situation and goals and to reduce your out-of-pocket expenses.