Is my "advisor" using me?

I use Edward Jones for my Roth IRA. My advisor always seems to recommend funds with a high up-front charge (like 5.75%) and he explains "that's the way he gets paid for all his hard work." I understand he needs to get paid, but I feel for the amount of time he likely spends on me, 5.75% of my money is too much. I am unimpressed by him and the last fund he recommended tanked over the last few years. Is there a way for me to manage my own Roth IRA online? He recommended Oppenheimer Asset Allocation Fund this time, so any thoughts on that fund are also welcomed.

I would move my account to Charles Schwab and use their free research services to check out no load mutual funds. Then you can invest in funds from any of the many different companies that Schwab uses.
I think that your advisor is using you. With a 5.75% front end load, you need to make something like 7.5% or 8.0% on you account just to recoup the money spent on the load before you even start to make any money on the account.

You don't need a broker - they are salesmen, not financial advisers. Go online to T. Rowe Price, Vanguard, or Oakmark, etc., pick a fund and open it as a Roth IRA. You might want to start at Morningstar.com for ratings of mutual funds.

Oldwhiteguy2earth is right, they are just salesman. To be honest they don't care about your financial future, all they care about is making a sale. So basically thats why he is trying to make you buy that, which is what gets me angry about those financial advisors.Thats why I'm in school now getting my finance degree so I can open my own business and show them the meaning of a real financial advisor. In fact I give advise to businesses now and just need the degree to be a legal advisor. In a few years you can come to me and I can set you up for comfortarble financial plan for life.