Friday, September 24, 2010

10 Warning Signs And 10 Questions To Ask When Seeking A Financial Advisor

A study by securities officials of "free meal" financial investment seminars, found that half of them exaggerated or made misleading claims about their services. More than 10% were actually fraudulent, selling non-existent products or promising unrealistic returns.

Anyone can set up shop and call themselves a financial advisor or planner, without either experience or qualification. You don't even need a high school diploma!

In some cases, a financial advisor may actually claim to have professional qualifications, when in reality these are invented or based on a home study course that took as little as two hours to complete.

Click here to read more.

©Copyright Audri and Jim Lanford. All rights reserved.
Reprinted with permission.
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