Sure there's a lot of advisors to choose from in the investing world, but how do you know what's the best fit for you? Conrad Capital Management recently was honored and awarded a five-star (* * * * *) rating by the prestigious Paladin Registry. Paladin is an independent rating agency that uses proprietary analytics for determining the quality of financial advisors and financial planners. Since 2004, Paladin has rated the credentials, ethics, and business practices of more than 16,000 advisors.
Melville, NY (PRWEB) January 30, 2008 -- Paladin announced that Donald Conrad of Conrad Capital Management (www.conradcapital.com) has been admitted to the Registry and he has been awarded Paladin's Five Star quality designation. Planners and advisors must rank in the top 10% of their profession to be admitted to the Registry. The Paladin Registry (www.paladinregistry.com) provides free public services to investors who use the services of financial planners and advisors. Since its inception, more than 250,000 investors have used the Registry to learn how to avoid bad financial advice, to learn how to select high quality advisors, to find competent, trustworthy professionals, to rate current advisors, and to review advisor documentation for credentials, ethics, and business practices.
Jack Waymire, Paladin founder and author of the highly regarded book Who's Watching Your Money? The 17 Paladin Principles for Selecting a Financial Advisor said, "Registry services solve three major problems for investors who rely on planners and advisors to achieve their financial goals. First, it's not easy for investors to find high quality advisors. Second, when they find advisors they may not know the right questions to ask to determine their quality. And third, they may not know good answers from bad ones. Consequently, millions of investors hire the wrong advisors for the wrong reasons and fire them within two years."
Waymire went on to say, "The Registry solves the quality problem by having the highest minimum standards in the financial services industry. Planners and advisors must complete a comprehensive questionnaire and score in the top 10% of their profession to be admitted to the Registry. In addition, they must be Registered Investment Advisors (RIAs) or Investment Advisor Representatives (IARs), acknowledge their fiduciary status, provide independent advice, and work for fees." Waymire confirmed that only a small percentage of practicing planners and advisors can meet the Registry's strict requirements. He said, "We focus on the top tier of professionals who are paid to help investors achieve their financial goals. We exclude the bottom 90% who are frequently paid commissions to sell investment and insurance products. Anyone who isn't paid to help investors achieve their financial goals is a potential risk."
About Conrad Capital Management Inc.
Conrad Capital Management is an SEC Registered Investment Advisor specializing in both discretionary and non-discretionary portfolio management. Donald Conrad has been providing wealth management services in Long Island, New York for over 25 years.
About Paladin Registry, LLC
Paladin is an information services company and not a financial services
company. The Registry provides free public services to investors who use the services of financial planners and advisors. The four primary services are investor education, advisor search, advisor ratings, and advisor documentation. Visit Paladin's website at www.paladinregistry.com for additional information.
Key Contact
Donald Conrad / Conrad Capital Management Inc.
425 BroadHollow Rd Suite 116
Melville, NY 11747
1-631-439-7878 / sheridan @ conradcapital.com
# # #
Trackback URL: http://www.prweb.com/pingpr.php/UHJvZi1TdW1tLUhhbGYtU2luZy1aZXRhLVplcm8=
|
