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Ed Slott
Elite IRA Advisor
Group
Baltimore , Maryland
, March, 27, 2009
FOR IMMEDIATE
RELEASE
March 27,
2009
AdviserRating.com is an independent rating company that issues
Morningstar like ratings for Financial Advisors on a national basis.
AdviserRating.com has just announced that Ed Slott’s Elite IRA
Advisor Group™ and Ed Slott’s Master Elite IRA Advisor Group™ will help Financial Advisors
increase their scores and Star Rating.
AdviserRating.com has been
completing beta testing during the month of March and is scheduled to go live in April,
2009. The service is free to the public provides
the capability to search for any Financial Advisor in the country and view the advisor’s
rating. Ratings range from zero to five stars with
five gold stars being the highest achievable rating.
Advisor ratings
are calculated based on professional designations that are held, professional licenses, years of
experience, customer complaints, background checks, education and six other
categories. All of the information is placed into a
copy written formula that produces a very accurate assessment of a Financial Advisor’s skill
set, which can be viewed by anyone for free. The
site is expected to draw thousands of investors a month looking for qualified, Financial
Advisors.
A recent survey
printed in the Wall Street Journal shows that as many as 81% of investors plan on changing their financial advisor in
2009. In the wake of the Madoff scam, the financial meltdown and the concern over the
legitimacy of many financial designations, this new
AdviserRating.com service will prove invaluable to investors
searching for a new financial advisor.
Ed Slott was
called “The Best” source for IRA advice by The Wall
Street Journal. Mr. Slott has created the
nationally aired and #1 Public Television Special “Stay
Rich Forever & Ever with Ed Slott.” He is the author of The Retirement Savings Time Bomb…And How to Defuse It, Parlay Your
IRA into a Family Fortune, and Your Complete Retirement Planning Road
Map.
Ed Slott’s Elite
IRA Advisor Group™ and Ed Slott’s Master Elite IRA Advisor Group™ is a group of financial
advisors dedicated to solving the country’s biggest and most complex financial problem —
effectively managing the distribution of assets from Individual Retirement Accounts
(IRAs).
Mr. Slott
recently introduced mandatory bi-annual testing of for all members of his Elite IRA Advisor
Groups. An official from
AdviserRating.com was quoted as saying “This is exactly the type
of Financial Advisor that the public needs. Advisors who are trained by the best in the industry
and then tested regularly to ensure their knowledge is real and they are not using some fake
designation that can be purchased for the intent of duping investors.” He added “Ed Slott equals
quality and that is why, all things being equal, an Ed Slott’s Elite IRA Advisor™
will receive a higher StarRating™ than an advisor who is not a member of Mr. Slott’s
group.”
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