If you are the type of investor who doesn't want to spend a great deal of time managing multiple investment accounts, then you should consider consolidating your holdings with one advisor. By consolidating all of your RRSP holdings into a single account, you can still invest in many different types of investments and it will make it easier to adjust your investment strategy as your financial situation changes over the years. In addition, you won't have to pay extra RRSP administration fees that can cost as much as $100 per year for each account.