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	<title>Investor Watchdog - Finance Education &#187; How to Select Advisors</title>
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	<description>Timely financial educational resource information is your best defense against investment schemes &#38; scams</description>
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		<title>Financial Fiduciaries are Lower Risk</title>
		<link>http://www.investorwatchdog.com/financial-fiduciaries-are-lower-risk</link>
		<comments>http://www.investorwatchdog.com/financial-fiduciaries-are-lower-risk#comments</comments>
		<pubDate>Wed, 25 Jan 2012 18:10:45 +0000</pubDate>
		<dc:creator>Jack Waymire</dc:creator>
				<category><![CDATA[Conflicts of Interest]]></category>
		<category><![CDATA[How to Select Advisors]]></category>
		<category><![CDATA[financial advisors]]></category>
		<category><![CDATA[financial fiduciaries]]></category>
		<category><![CDATA[financial fiduciary]]></category>
		<category><![CDATA[financial planners]]></category>
		<category><![CDATA[financial professional]]></category>
		<category><![CDATA[investment advisor represesentative]]></category>
		<category><![CDATA[Investment Advisors]]></category>
		<category><![CDATA[investment risk]]></category>
		<category><![CDATA[money managers]]></category>
		<category><![CDATA[Registered Investment Advisor]]></category>

		<guid isPermaLink="false">http://www.investorwatchdog.com/financial-fiduciaries-are-lower-risk</guid>
		<description><![CDATA[Financial planners, financial advisors, investment advisors, and money managers are financial fiduciaries. That&#8217;s because they are Registered Investment Advisors (RIAs) or Investment Advisor Representatives (IARs) who work for RIAs. What does this mean to you, the investor? 
Fiduciaries are held to the highest ethical standards in the financial services industry. They are required to put [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>How Good are Financial Advisor References?</title>
		<link>http://www.investorwatchdog.com/how-good-are-financial-advisor-references</link>
		<comments>http://www.investorwatchdog.com/how-good-are-financial-advisor-references#comments</comments>
		<pubDate>Tue, 08 Nov 2011 00:37:10 +0000</pubDate>
		<dc:creator>Jack Waymire</dc:creator>
				<category><![CDATA[Deceptive Sales Practices]]></category>
		<category><![CDATA[How to Select Advisors]]></category>
		<category><![CDATA[Coached]]></category>
		<category><![CDATA[Deceptive Sales Practice]]></category>
		<category><![CDATA[financial advisor]]></category>
		<category><![CDATA[financial planner]]></category>
		<category><![CDATA[Hand Picked]]></category>
		<category><![CDATA[investment advisor]]></category>
		<category><![CDATA[Money Manager]]></category>
		<category><![CDATA[References]]></category>
		<category><![CDATA[Testimonials]]></category>
		<category><![CDATA[Track Record Substitute]]></category>

		<guid isPermaLink="false">http://www.investorwatchdog.com/how-good-are-financial-advisor-references</guid>
		<description><![CDATA[This question came in from an investor who lost more than $1 million because he believed the references of a shady financial advisor. Too bad he did not check with Watchdog before investing his assets.
FINANCIAL ADVISOR REFERENCES ARE WORTHLESS!
Why?
No advisor will give you a bad reference.
References are selected because they are willing to make positive [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Don&#8217;t Financial Advisors Have to Tell the Truth?</title>
		<link>http://www.investorwatchdog.com/dont-financial-advisors-have-to-tell-the-truth</link>
		<comments>http://www.investorwatchdog.com/dont-financial-advisors-have-to-tell-the-truth#comments</comments>
		<pubDate>Tue, 08 Nov 2011 00:26:03 +0000</pubDate>
		<dc:creator>Jack Waymire</dc:creator>
				<category><![CDATA[Deceptive Sales Practices]]></category>
		<category><![CDATA[How to Select Advisors]]></category>
		<category><![CDATA[deceptive sales tactics]]></category>
		<category><![CDATA[Documentation]]></category>
		<category><![CDATA[Exaggeration]]></category>
		<category><![CDATA[financial advisor]]></category>
		<category><![CDATA[financial planner]]></category>
		<category><![CDATA[FINRA]]></category>
		<category><![CDATA[investment advisor]]></category>
		<category><![CDATA[Misrepresentation]]></category>
		<category><![CDATA[Money Manager]]></category>
		<category><![CDATA[Omission]]></category>
		<category><![CDATA[Sales Claims]]></category>
		<category><![CDATA[Sales Pitch]]></category>
		<category><![CDATA[SEC]]></category>
		<category><![CDATA[State Securities Commissioner]]></category>
		<category><![CDATA[Tell the Truth]]></category>
		<category><![CDATA[Trust]]></category>

		<guid isPermaLink="false">http://www.investorwatchdog.com/dont-financial-advisors-have-to-tell-the-truth</guid>
		<description><![CDATA[We get this question all of the time from investors who use the services of financial advisors.
Yes, advisors are supposed to tell the truth. However, less ethical advisors use three deceptive sales tactics to sell investment and insurance products.
Omission &#8211; What they don&#8217;t tell you. You have to ask the right questions.
Misrepresentation &#8211; What they [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Why Financial Advisors Want You to Like Them</title>
		<link>http://www.investorwatchdog.com/why-financial-advisors-want-you-to-like-them</link>
		<comments>http://www.investorwatchdog.com/why-financial-advisors-want-you-to-like-them#comments</comments>
		<pubDate>Wed, 26 Oct 2011 22:14:45 +0000</pubDate>
		<dc:creator>Jack Waymire</dc:creator>
				<category><![CDATA[How to Select Advisors]]></category>
		<category><![CDATA[Background Checks]]></category>
		<category><![CDATA[Bad Performance]]></category>
		<category><![CDATA[due diligence]]></category>
		<category><![CDATA[financial advisor]]></category>
		<category><![CDATA[financial planner]]></category>
		<category><![CDATA[Friends]]></category>
		<category><![CDATA[Personal Relationship]]></category>
		<category><![CDATA[Retaining Advisors]]></category>
		<category><![CDATA[Terminating Advisors]]></category>

		<guid isPermaLink="false">http://www.investorwatchdog.com/why-financial-advisors-want-you-to-like-them</guid>
		<description><![CDATA[I was conducting a seminar for retirees a while back and asked the attendees to show by raising their hands if they had a personal relationship with their financial advisors. I was shocked when approximately 80% raised their hands.
Then I ask how many conducted any type of background check to confirm the quality of their [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>&quot;Real&quot; Financial Advisor or Sales Representative?</title>
		<link>http://www.investorwatchdog.com/real-financial-advisor-or-sales-representative</link>
		<comments>http://www.investorwatchdog.com/real-financial-advisor-or-sales-representative#comments</comments>
		<pubDate>Wed, 26 Oct 2011 16:51:01 +0000</pubDate>
		<dc:creator>Jack Waymire</dc:creator>
				<category><![CDATA[How to Select Advisors]]></category>
		<category><![CDATA[Sales Representatives]]></category>
		<category><![CDATA[CFP]]></category>
		<category><![CDATA[Fee for Service]]></category>
		<category><![CDATA[Fiduciary]]></category>
		<category><![CDATA[financial advisor]]></category>
		<category><![CDATA[financial planner]]></category>
		<category><![CDATA[IAR]]></category>
		<category><![CDATA[Licensing]]></category>
		<category><![CDATA[Registrations]]></category>
		<category><![CDATA[RIA]]></category>
		<category><![CDATA[sales representative]]></category>

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		<description><![CDATA[Several investors have asked me for easy ways to determine if the professionals advising them on their investments are &#8220;real&#8221; financial advisors or sales representatives masquerading as advisors.
These investors have a valid concern. Sales representatives frequently market themselves as advisors because they know investors do not want salesmen investing their assets. If they told the [...]]]></description>
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		<slash:comments>0</slash:comments>
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