PaladinRegistry.com announces a new, powerful education program for investors
April 16, 2006 (PRLEAP.COM) Business News
ROSEVILLE, Calif., (April 16, 2006) – The Paladin Registry announced a new education program that can be used by millions of investors who rely on financial planners and advisors to achieve their goals. The Paladin Investor Education program targets the single biggest risk that these investors face for their financial futures. The risk is bad advice and the consequences can be devastating.Jack Waymire, author of the 2003 bestseller Who’s Watching Your Money: The 17 Paladin Principles for Selecting a Financial Advisor (ISBN 0471476994, John Wiley & Sons) and founder of the Paladin Registry says “the educational content on www.paladinregistry.com / Tips-4-Investors is divided into two parts. Part one is awareness. Investors can’t avoid risks that they don’t know about. Part two is the education that’s available for free on the Paladin website and no registration is required to access the content. The educational programs focus on how to avoid bad advice and how to select high quality financial planners and advisors”.
Waymire went on to say “bad advice is a hidden problem that can destroy the financial hopes and dreams of investors and the only solution is education. Even the government realizes investors have to better educated, so they know how to protect their interests and achieve their financial goals. There are thousands of education programs for people who invest their own assets, but until now, there hasn’t been one for people who invest through advisors”.
Waymire added “bad advice does significant damage five different ways. The first impact occurs during rising markets when investor assets under-perform. For example, the market is up 20% and investor assets are up 10%. The second impact occurs during falling markets when investor assets lose more than they should. For example, the market is down 10% and investor assets are down 20%. The third impact is excessive risk exposure in relation to the results that are achieved. The fourth impact is excessive expenses in relation to services and results. The fifth impact is the most devastating. It’s the failure to achieve longer term goals, for example, secure comfortable retirements”.
Waymire then said “there’s not one investor in America who hasn’t been impacted by bad advice or knows someone who has. The problem is pervasive because 85% of financial advisors are not the experts they purport to be. They are sales representatives who are paid commissions to sell investment and insurance products. They are not paid to help investors achieve their financial goals”.
The Paladin Registry says there is only one solution. “Investors must be made aware of this risk and they have to learn to protect their own interests. They can accomplish this by visiting the Paladin Registry website. In two hours or less they will have the information they need to avoid bad advice and select high quality advisors who can help them achieve their financial goals”.
About Paladin Registry, LLC
Founded in 2003, the Paladin Registry provides three public services that are free to investors: Awareness & Education programs, Advisor Search Services, and Advisor Documentation Services. Paladin is an information services company, not a financial services company, and is 100% owned by key employees who are active in the company. For more information, visit Paladin Registry at http://www.paladinregistry.com.
Contact:
Jack Waymire
Paladin Registry, LLC
877.719.2022
jack@paladinregistry.com
http://www.paladinregistry.com