<prompt> Human: I have had a couple of meetings with a Nationwide financial advisor. I have been impressed with his advice and his level of organization and attention to detail. I found him through Dave Ramseys web site.Some of his advice is:- pay off cars- start saving more in 401ks- open IRAs- have an emergency fund- Roll over an older 401k into his managed funds- increase life insurance- Roll over 2 529 plans into my state to deduct from my taxes... which is all great advice. I am a personal finance idiot and even need help with a budget, which is something he said he could help with also. The cost would be 2.5 on a one time cost with .7 yearly cost or 1.5 on an asset basis, whatever that means. Its appealing to get some peace of mind and use this guys services but is it worth the cost?  <response>: Financial Advisors who work for insurance companies have one goal - get you signed up for THEIR funds, THEIR annuities, THEIR insurance policies, THEIR life insurance plans - they want to turn you into a full meal deal my friend!Generally, if you dont have 50k liquid sitting around, no real financial advisor will waste their time giving you any real advice. These corporate robots who work for the insurance companies, will however, simply work to get you into their pyramid scheme - they will make their quota and youll be giving them so much of your money it will hurt. 