It seems you had a pretty good advisor based on your present allocation.  I think your advisor was also correct in encouraging you to "stay the course" in a tough market like this.  The temptation of individual investors is to go chasing after hot sectors in times like these, e.g. commodities, emerging markets, agricultural stocks, etc.  That's a recipe for disaster. Just take a look at how you would have done if you abandoned a traditional allocation in favor of tech stocks in 1999 or Japanese stocks in 1989. Insofar as your advisor acted as a firewall and discouraged you from chasing after the latest hot sector, s/he provided a valuable service.

Now, I don't know if that service is worth $4000 per year.  It really depends on your personality.  Oftentimes, investors understand what they need to do in theory but fail because their emotions or base instincts trump logic.  I think you'll do fine if you have the fortitude to deal with that on your own. 

Best,
Oildog