November 21, 2010. Investors make a major mistake when their only source of information for financial advisor credentials, ethics, and business practices is advisors who want to sell them investment products and services. This is a risky way to select advisors who may:
• Omit, misrepresent, or exaggerate information to make the sale
• Be unlicensed or sell unregistered investment products (scams)
• Have a history of investor complaints, fines, and suspensions
There is a solution. Investors can use Paladin Registry’s Financial Advisor Due Diligence (FADD™) service to conduct background checks. FADD™ validates the accuracy of advisor claims so investors select professionals with the best qualifications and not the best sales pitches.
Background checks are an essential step when investors select advisors who will influence or control their financial decisions. Select high quality advisors and they will have more money. Select low quality advisors and they will have less money. Select Bernie Madoff and they may have no money.
Jack Waymire, founder of Paladin Registry.com, announced, “(5) has successfully completed Paladin’s Background Check process and received a FADD™ certification for the documentation that is published on the Paladin Registry website. Waymire observed, “Only high quality professionals authorize background checks because they have nothing to hide. Low quality advisors avoid background checks because this type of scrutiny exposes weaknesses and false claims.”
Tom Prybylo (www.paladinregistry.com/
ABOUT PALADIN REGISTRY
In 2003, Paladin began providing information services to investors who rely on planners, advisors, and money managers to help them achieve their financial goals. Paladin services include: Background Checks, Quality Ratings, and Online Documentation for professionals who received the Registry’s highest quality rating (five stars). Visit Paladin’s website (www.PaladinRegistry.com)
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We are an independent financial planning, wealth management firm, and member of Kingdom Advisors, also known as the Christian Financial network . We provide a personalized quality of investment and advisory services that put your interests first….