I strongly recommend you do some research before you talk to this guy.
Someone already mentioned NBO (next best offer) which is Vanguard. You can try others like Betterment or Wealthfront which offer similar services. It's important to understand the total cost.
Understand if the advisor is a fiduciary is key. There were some recent changes this year (signed into law last year) that anyone advising folks with retirement accounts has a fiduciary requirement. I found the best way to eliminate conflicts of interest is to find an advisor that charges a flat fee. There is an organization that does just that, Garrett Planning Network. Start there to find an advisor that meets your requirements.
http://www.garrettplanningnetwork.com/
Finally, there was a great article that talked about things to consider.
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Here are 10 guidelines to consider during your search and initial meetings:
1. Check on financial industry experience. How long has the advisor been in the business? If they’ve been helping clients for a while, they’ve probably studied countless investment products, been through a bear market and seen all sorts of investment trends and fads.
2. Look for credentials. In this case, a CFP (certified financial planner) should be at the top of the list. CFPs have passed tests administered by the Certified Financial Planner Board of Standards on personal finance. They also must complete continuing education each year to maintain their designation.
3. Ask to see “Form ADV.” Form ADV is a registration form that details an advisor’s business practices, fees, conflicts of interest and disciplinary information. Your financial advisor should provide you with this form or have it readily accessible on their website.
4. Do a background check. Go to FINRA’s BrokerCheck to see regulatory actions, violations and complaints. You can also see employment history, certifications and licenses. A firm’s ADV Form is often available here.
https://brokercheck.finra.org/
5. Check fee structure. Typical options are: hourly rates, flat rates, commissions, or fees tied to assets. More financial advisors are gravitating towards the fee-only business (for example, a 1% to 2% fee on assets they’re managing for you). This is usually good for the client since it aligns interests. In other words, if your money manager wants to earn more, he/she needs to grow your assets.
6. Ask about additional expenses. Many advisors use mutual funds, ETFs, separately managed accounts and other investment products. Be sure to ask what the average — or weighted average — expense ratio is for their fund line-up. If a lot of actively-managed mutual funds are used, you could be sacrificing another 1% or more in expenses. While it’s worth paying up for some active managers, it’s helpful to know all-in costs, nevertheless.
7. Evaluate historical performance. How have their chosen funds and model portfolios performed versus comparable indices in the past? Ask to see some real numbers even if they have to white out client names. Don’t fret over short-term underperformance. Instead, look for returns in bull markets, bear markets and over full market cycles. And remember, advisors can provide more value in other areas beyond strict investment performance.
8. How often will you receive updates. When will you hear about your investment portfolio, goal-based progress and overall financial situation? Typical answers will be quarterly or yearly. Also, ask what’s a fair response time to expect if you have a question for them? Hopefully, the answer is same day or within 24 hours.
9. Ask to speak to existing clients. Some firms will even offer this up. Or they’ll have a hand-picked list ready. If not, it shouldn’t be too hard to locate a small handful of clients willing to speak highly of their services.
10. Come with a list of questions. Write down a list of additional questions to ask and bring it to your meeting. Here’s a MarketWatch article with a list of 25 questions if you need more to consider.
