How many of you use a financial advisor, and do they have you in mutual funds, etfs, or individual stocks?

I just spent 2 hours with my parents financial advisor and he mentioned something that's stuck with me.

My parents are both in their mid 80's. My mom wants very low risk investments, since they have enough money to cover their expenses for 20 years. But, when I asked what the FA would do with the money if he had free reign, he said he would not have money in any mutual funds (they are currently in some mixed funds and bond funds.) He said he would do all individual stocks. The only stock he mentioned was Proctor and Gamble due to it being undervalued.

I tend to lean more towards the bogglehead method of diversification through a few ETFs or mutual funds. And it got me wondering, is the the standard practice of financial advisors to invest in individual stocks only?

Curious what other people are invested in if they are using a financial advisor?