Personally, I don't trust anyone completely with handling my money...and that includes myself. So I diversify on that front, and have about 40% with a traditional advisor (basically "dad's guy"), 40% manage myself, and 20% in other investments.
On paper, I've beaten my advisor every year since I started managing it myself, but I know that may have come down to dumb luck. Being a complete amateur, I'm not sure I'd always make the clearest of decision if things got hairy, so it is nice to have someone looking after your money who has less of an emotional connection. I also like that he thinks differently than I do, which acts as a ballast against my own biases (Ie, he kept me in tech last year, which I hated).
I do like being involved though. I find that consistently listening to some financial podcasts every week (Ie Thoughtful Money, Lance Roberts, Market Huddle etc) helps keep me in the loop, which helps not only my own decision making but also in conversations with the advisor.
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