Press Release

By Media Relations at AdvisorRating.com

 

 

 

 

 

Phone: 

(888) 459-3321 

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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