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Q. What is the difference between
a 5 Star Advisor and a 1 Star Advisor?
·
Click here to see the Star Ratings
list.
Q.
Which Financial Designations are considered when rating an
advisor?
· Currently, more than 70
designations.
· Click to see
the Designation
List.
Q. How do I obtain the
AdvisorRating© of my
Planner/Advisor/Consultant if he/she is not already listed on your
website?
·
It is
easy. Just click
here and enter the advisor's
information. You will remain completely
anonymous and we will contact your advisor and try to
obtain their AdvisorRating©. In a few days, we will follow up with
you and present the advisor's information. In some cases the
financial advisor may not provide us with their information.
This does not mean the advisor is not
qualified to offer good advice. The advisor could be on
vacation or they may not wish to pay the subscription fee to our service.
Click here for free
information on how to do your own research.
Q. If my advisor does not
wish to be listed on AdvisorRating.com, does this
mean they are not qualified?
· No. There are thousands of qualified
advisors not listed on AdvisorRating.com.
·
Sometimes the advisor simply
does not wish to subscribe to our service. This does not indicate that the
financial advisor is not a qualified professional. It just means they do not wish
to subscribe
to our service.
·
We provide detailed 14
point instructions on how to
evaluate any advisor without the assistance of AdvisorRating.com.
·
We recommend that you perform your own due diligence on any
advisor you work even if you use the AdvisorRating.com
service!
Q. Will
AdvisorRating.com elevate an advisor's qualifications or make an advisor
seem more qualified than their credentials indicate?
· No,
absolutely not. Click here
to view our
Fraud
Warning.
· Click here
to view our
Note to
Advisors.
Q. Are there customer
complaints outstanding against my
advisor?
·
Check the
advisor's profile after you have searched their name to find this information. You
may also click to check FINRA or the SEC.
Q. Which Financial
Designations are given the most weight when scoring?
· We cannot disclose that
information for a variety of reasons. We recommend that you choose an advisor
with a rating of at least 3 stars and perform some additional due
diligence.
Q. Is my advisor
properly licensed?
·
Check the
advisor's profile after you have searched their name to see what types of licenses
the advisor holds.
Q. What other areas are scored
besides an advisor's certifications?
· Currently, 125 items are
reviewed in order to obtain an Advisor Rating. Here are some of the criteria we use:
Some of the Rating
Areas:
·
Certifications
·
Quality of
Certifications
·
Quantity of
Certifications
·
Types of
Securities Licenses Held
·
Types of
Insurance Licenses Held
·
Education
·
Customer
complaints
·
Criminal
Background Check
·
Civil Background
Check
·
Credit Background
Check
·
Disciplinary
Actions
·
Areas of
Practice
·
Practice
Specialty
·
Years of
Experience
·
Insurance
Coverage
·
Professional
Organizations
·
Business
Memberships
·
And other items
not listed above
Q. Is my advisor
properly certified?
·
Check your
advisor's profile and see if AdvisorRating.com has verified your Advisor's credentials.
Q. Are there
disciplinary actions against my
financial advisor?
·
Check the
advisor's profile after you have searched their name.
Q. Is the certification
valid?
·
AdvisorRating.com
only verifies valid designations. If your advisor is presenting a
designation that is not on our designation list, please contact us and we
will review the information.
Q. Is my advisor
qualified to help
me?
· Check the advisor's profile
after you have searched their name.
· You may
also click to check FINRA or the SEC.
Q. What is a “Senior
Advisor”?
·
A Certified
Senior Advisor (CSA) is typically a professional who specializes in working
with seniors. CSAs can be caregivers, real estate agents, medical
device professionals and many other professions.
However, the CSA designation
doesnot
provide significant financial
training. Always check to ensure that a CSA has an
additional financial certification and the appropriate licenses when
accepting financial advice from a CSA.
Q. What kind of
experience does my advisor
have?
·
Check the
advisor's profile after you have searched their
name.
Q. Is my advisor working for
commissions or working for
me?
· The vast majority of
financial advisors will make what they believe is the best
decision for their client's situation. Whether or not you are getting
the right type of advice depends upon what type of advice you
are seeking. We recommend matching your advisor's products,
services and personality with your needs and desires.
Q. Is my advisor properly
insured in case there is an
error?
·
Check the
advisor's profile after you have searched their
name.
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