Jordan Goodman, America’s Money Answer Man, contacted KMOX 1120 AM about AdvisorCheck and the rumblings in the industry of ‘Full Disclosure and Total Transparency.’ As consumers can relate, they want to know about the background of their financial advisor or insurance agent but the current system is not set up in a way to aid this. AdvisorCheck is creating that ’single source’ that many consumers have been looking for when checking on their advisors background.
An interesting point is made by Mr. Brennan that consumers should know the credit score of an advisor to determine if they ‘eat from the same cooking.’ Listen as the Bryan C Binkholder, the company spokesman explains that would be inherently unfair to the advisor due to various factors out of their control that determine a credit score.
What IS important is consumers and advisors know the facts and in doing so consumers can find advisors that are open books and committed to Full Disclosure.
