What's more of a Ramsey sell out is him hawking his crony recommendations to front-load fee financial advisers.
I've heard him specifically talk about this on the radio show before and basically say as a fairly justifiable response something like, "could you manage this yourself? Yes, but will you hold firm through 2008? Will you reliably invest? For most people the answer is no."
Dave Ramsey has never stated his "goal" is 100% pure efficiency for people's finances. His goal is life change. For a
lot of people the fees their investment ELP folks charge will be negligible to the life change it causes.
All of us probably have relatives we would LOVE to see pay 5% load fees and a 1% ER if if means they start regularly investing compared to their current lifestyles...