No. Advice-Only financial advisors are not stock pickers. They don’t have access to mutual funds sold only through advisors. Nor do they have access to hedge funds, private equity, venture capital, or angel investments. Stock picking or limited-access investments aren’t necessarily better stragegies.
Most Advice-Only financial advisors recommend an asset allocation strategy using low cost index funds or ETFs. Some advisors will supplement low cost index funds or ETFs with actively managed funds in select asset classes in a “core & satellite” strategy. They can work with your existing positions with large unrealized capital gains.