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May 21, 2012 Edition |
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Richard Bryan Has Been Admitted to the Paladin Registry Honor Roll
Jul 28, 2011
The Paladin Registry (www.paladinregistry.com) provides information, rating, and documentation services to investors who rely on planning and investment professionals to help them achieve their financial goals. Since 2003, Paladin has helped hundreds of thousands of investors select advisors based on their qualifications and not the content of their sales pitches. Jack Waymire, Paladin founder and the author of Who's Watching Your Money? The 17 Paladin Principles for Selecting a Financial Advisor (ISBN 0471476994) said "Registry services solve three major problems for investors. First, it's not easy for investors to find high quality advisors. Second, when they find advisors they may not know the right questions to ask to determine their competence and trustworthiness. And third, they may not know good answers from bad ones. Consequently, millions of investors have selected lower quality advisors and terminated their services within two years." Waymire went on to say, "The Registry solves the quality problem by pre-screening advisors and rating their quality one to five stars. Ratings are based on advisor responses to 52 questions about their credentials, ethics, business practices, and services. Then they have to score in the top 10% of their profession to achieve a five star quality rating." "Paladin believes the selection of high quality professionals is the most important decision investors will make for their financial futures. That is because financial professionals influence or control investors' planning and investment decisions. Select a high quality advisor and they will have more money. Select a low quality advisor and they will have less money. Select a Bernie Madoff and they may have no money." He added, "This advisor selection risk exists because the financial services industry has no minimum standards for advisors. There are no education requirements, not even a high school diploma, and no experience requirements. In fact, the minimum age to be an advisor is 18 and people with criminal records can obtain securities licenses. This combination of no minimum standards and no mandatory disclosure requirements create a major risk for investors and Paladin Registry is one of the few resources that help them minimize this risk." About Paladin Registry Since 2003, Paladin has helped hundreds of thousands of investors find, evaluate, and select higher quality financial professionals. Our three core services include: advisor background checks, quality ratings, and online documentation for advisor credentials, ethics, business practices, and services. Visit Paladin's website at www.paladinregistry.com for additional information. About Richard Bryan • Richard is a CERTIFIED FINANCIAL PLANNER™ professional or CFP® professional. • Richard graduated from Liberty University with a degree in Finance. • Richard has been in the financial planning business for more than a decade. • Richard is a fee only financial planner. His earnings aren't based on commissions or sales - as an investment advisor, Richard is a fiduciary - which means that he places his client's best interests first. • Before starting his own financial planning firm, Richard worked at Vanguard, the large mutual fund company. While at Vanguard, Richard managed approximately $100 million for 83 clients. Key Contact • Richard Bryan, CFP® • Financial Advisor • (800) 593-2494 Toll Free • rich@bryanwealth.com Keywords: Financial Advisor, Financial Planner Financial » News |
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