Rate of return since Aug of 1999

My wife and I started with a financial planner back in August of 1999.  In
filling out a form about our investment goals and tolerance for risk we
came
to the conclusion that we were more comfortable on the less risky side and
decided that our investment plan would be pretty conservative.  He
reviewed
our investments and made a lot of changes that were a good thing when the
market started to go south in the following year.  He also got us into
bonds
(something I'd been adverse to) where they did well with interest rates
dropping in the years that followed.

Over the years we have made some 401K contributions to the fund and my
wife
also moved an IRA rollover in to the portfolio covered by the financial
planner.  The financial planner's software reports an internal rate of 
return and is calculated after he has taken his 1% fee.

Here is what he reported to us:
Aug 99 to Dec 99  = 17.34%
2000  = 4.33%
2001 = 0.02%
2002 = -1.39%
2003 = 15.91%
2004 = 11.76%
2005 = 6.28%
2006 = 13.23%
2007 = 2.30%

Overall return from 08/16/99 to 04/24/08 is 6.62%.

This does not take into account the taxes that I had to pay when mutual 
funds reported capital gains, so the return is even lower.  I did not pull

money from the portfolio to pay those taxes, instead paying them from 
another savings account.

Is this a reasonably well managed portolio over this time period?  I am 
aware that I asked him to invest this somewhat conservatively so does this

seem about right?

I just don't know if the performance of the portfolio is particularly good
and whether it is worth paying him the 1% per year for his performance.
Where can I check numbers to see what a pretty conservative portfolio
should
have done in the period from August 1999 to the present?

\Walter

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