Get a good advisor. Ignore mutual funds. They under performed for me. The advisor we've had for the last 4 years has reliably increased the value of our portfolio by carefully selecting stocks that are undervalued and pay dividends. Our portfolio out performs the markets. I often wonder what the portfolio would look like if I'd had him since I started investing, rather than all those wasted years in mutual funds.
He only has $500.00, the advising fee would eat him alive, and no reputable advisor would accept a $500.00 account on a fee basis.