Advisors use brokerage accounts at places like Schwab, which give both you and the advisor access to the account. And brokers are not investment advisors. They

Advisors use brokerage accounts at places like Schwab, which give both you and the advisor access to the account. And brokers are not investment advisors. They are in the business of selling stuff to you. So if you are saying don't give money to brokers to manage then I agree :). When you hire an advisor you agree on a strategy beforehand and the advisor makes trades to keep certain averages in your account. This industry is pretty regulated and advisors know they are liable if they divert from an agreed-upon strategy.