Have never used, or been tempted to use, a FA, but I have several friends/acquaintances who use them. Most don't seem to know how much they're being
fleeced charged, what their investments are, how they compare to a passive portfolio, etc.
I've tried to nudge some of them to learn more, but it seems to annoy people, and I get responses like "I don't want to worry about it" or "I'm happy with my returns". Have learned not to talk about it...
Have Funds, Will Retire
...not doing anything of true substance...