Mom has had an investment guy for 40 years and she has no idea what he does with her money. Can we get ideas what he’s doing by looking at his recent buys?

Most recent buys:

FAZ

CLOZ

FNGD

FLRT

Mom is getting up in age. Eventually I will inherit her accounts. I’m thinking I will likely sever the relationship with the money guy when the time comes. I’ve heard many times that investment managers never beat the market over long periods so I’m not sure I will need him. I was curious what he’s up to so I started asking mom some questions and found out she has no idea what he does. She said she gets an email every time he makes a trade and the emails come about once a month. Listed above are the tickers from the last email he sent. I looked them up but didn’t really know what to make of it. Maybe there’s nothing to deduce. Is he just doing what money guys do, or do we see red flags?