Sales Representatives Category

By: Jack WaymirecloseAuthor: Jack Waymire Name: Jack Waymire
Email: jack@paladinregistry.com
Site: http://paladinregistry.com
About: Jack writes for the InvestorWatchdog website and Worth magazine. He worked in the financial services industry from 1976 to 2004. For twenty of those years he was the president of a Registered Investment Advisory firm and a Broker/Dealer. Jack is the author of Who's Watching Your Money? The 17 Paladin Principles for Selecting a Financial Advisor and is a co-founder of PaladinRegistry.com.See Authors Posts (88) | February 3, 2010 | Deceptive Sales Practices, Sales Representatives

The Financial Times reported BofA Merrill Lynch plans to hire 2,000 brokers over the next 12 months. They will hire inexperienced brokers rather than pay big upfront fees for established professionals. These brokers will market investment products to BofA’s 17 million mass-affluent customers who need wealth management services.
Alois Pirker, research director at Alte Group LLC [...]

By: Daniel ChencloseAuthor: Daniel Chen Name: Daniel Chen
Member: Member Paladin
Quality Rating:
Email: dcstrategies@yahoo.com
Site: http://paladinregistry.com/external/beaninformedinvestor/advisor_profile.php?advisor_id=1893
About: Dan's specialty is delivered by his Wealth Management Practice with a core competency in Fianancial Planning. The ability to deliver services for a fee eliminates the potential conflicts of interest created by the commission only type of aproach. He maintaines his office in Ocean N.J. however serves a clientel base from coast to coast. Dan believes that the basis for a great life is planning for it. Dan offers a no obligation meeting to decide if his services are appropriate for your needs.See Authors Posts (10) | December 20, 2009 | Investor Information, Sales Representatives

“About.com” is a website that advocates for consumers through education to assist them in solving all types of problems. The article that is referenced by the link below does a great job in clarifying the difference in two types of Investment Advisors. It also references ” Paladin Registry” as a good resource. Enjoy.
http://moneyover55.about.com/od/findingqualifiedadvisors/a/costofbadadvice.htm

By: Matthew Arndt, CFA, CPA, CFP | November 4, 2009 | How to Select Advisors, Sales Representatives

Do you currently invest your money with a close friend or a neighbor? Has this person butchered your portfolio through the ups and downs of the market, but you’re afraid to say anything because of the close relationship you have? Is this personal connection blinding you to reality and interfering with the achievement of your [...]

By: Rick KahlercloseAuthor: Rick Kahler Name: Rick Kahler
Member: Member Paladin
Quality Rating:
Email: rick@kahlerfinancial.com
Site: http://www.kahlerfinancial.com
About: Rick Kahler, MS, CFP®, (www.KahlerFinancial.com) is a fee-only financial planner, speaker, educator, and columnist. Rick is renowned as a pioneer in integrating financial planning and psychology. In 2009, he was recognized by Wealth Manager as the largest financial planning firm in a seven-state region. In 2009, BusinessWeek listed him as one of the 15 most experienced planners in the United States. He is the past chairman of the South Dakota Investment Council, charged with the investment oversight of over six billion dollars. His work and research has been featured or cited in The Wall Street Journal, ABC's 20/20, New York Times, Washington Post, USA Today, Money, SELF, and Parenting. He is a co-author of four revolutionary books on money, financial planning, and therapy: Wired for Wealth (Health Communications, 2008), Facilitating Financial Health (NUCO, 2008), The Financial Wisdom of Ebenezer Scrooge (Health Communications, 2005, 2008), and Conscious Finance (FoxCraft, 2005, 2007).See Authors Posts (9) | October 26, 2009 | Conflicts of Interest, Sales Representatives

Not long ago I was meeting with a couple who were relatively new clients. We were going over data on a recent mutual fund investment, and I commented that I was surprised to see the fund offered a commission of 2.25%. As a fee-only financial planner, I rarely pay much attention to whether a fund [...]

By: Jack WaymirecloseAuthor: Jack Waymire Name: Jack Waymire
Email: jack@paladinregistry.com
Site: http://paladinregistry.com
About: Jack writes for the InvestorWatchdog website and Worth magazine. He worked in the financial services industry from 1976 to 2004. For twenty of those years he was the president of a Registered Investment Advisory firm and a Broker/Dealer. Jack is the author of Who's Watching Your Money? The 17 Paladin Principles for Selecting a Financial Advisor and is a co-founder of PaladinRegistry.com.See Authors Posts (88) | July 19, 2009 | Sales Representatives

In the not too distant past, when Wall Street firms hired new stockbrokers, they hired recent college graduates who had people skills. This strategy worked for decades when brokers, sometimes called Customers’ Men, focused on providing services such as research reports, investment recommendations, and execution of trades. Back then, fixed prices meant competitive advantage was based on service, service, and more service.
That all changed when commission rates, [...]