https://adviserinfo.sec.gov/ - is this information relevant?

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DarkHelmetII
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https://adviserinfo.sec.gov/ - is this information relevant?

Post by DarkHelmetII »

Stumbled across the SEC's "Investment Adviser Public Disclosure website" at https://adviserinfo.sec.gov/. Is this information relevant at all to somebody looking for a financial advisor?
pkcrafter
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Re: https://adviserinfo.sec.gov/ - is this information relevant?

Post by pkcrafter »

DarkHelmetII wrote: Wed Jun 23, 2021 4:45 am Stumbled across the SEC's "Investment Adviser Public Disclosure website" at https://adviserinfo.sec.gov/. Is this information relevant at all to somebody looking for a financial advisor?
Yes, it is. It will tell provide information about the advisor's business. It will tell you if there are any complaints, and the ADV2 will show you the fees.

Paul
When times are good, investors tend to forget about risk and focus on opportunity. When times are bad, investors tend to forget about opportunity and focus on risk.
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DarkHelmetII
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Re: https://adviserinfo.sec.gov/ - is this information relevant?

Post by DarkHelmetII »

pkcrafter wrote: Wed Jun 23, 2021 10:09 am
DarkHelmetII wrote: Wed Jun 23, 2021 4:45 am Stumbled across the SEC's "Investment Adviser Public Disclosure website" at https://adviserinfo.sec.gov/. Is this information relevant at all to somebody looking for a financial advisor?
Yes, it is. It will tell provide information about the advisor's business. It will tell you if there are any complaints, and the ADV2 will show you the fees.

Paul
Thanks. Do you have a sense of what is contained within the individual lookup (https://adviserinfo.sec.gov/) vs. the XML data (https://adviserinfo.sec.gov/compilation)? I mean, is it the exact same information? Partial overlap? One is a superset / subset of the other? Just trying to understand what I need to do in order to get the entire picture.
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arcticpineapplecorp.
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Re: https://adviserinfo.sec.gov/ - is this information relevant?

Post by arcticpineapplecorp. »

read more here at oblivious investor on how/why to search for the ADV part 2:
https://obliviousinvestor.com/checking- ... v-part-ii/
It's hard to accept the truth when the lies were exactly what you wanted to hear. Investing is simple, but not easy. Buy, hold & rebalance low cost index funds & manage taxable events.
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DarkHelmetII
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Re: https://adviserinfo.sec.gov/ - is this information relevant?

Post by DarkHelmetII »

arcticpineapplecorp. wrote: Wed Jun 23, 2021 12:44 pm read more here at oblivious investor on how/why to search for the ADV part 2:
https://obliviousinvestor.com/checking- ... v-part-ii/
Thanks, very helpful. A second vote on the importance of Form ADV Part II ... more for me to read up on.

I am largely a BH DIY'er however every few years don't mind a fixed fee one-off engagement to get a 3rd party perspective. This could be helpful in vetting potential advisors. Also in case of passing on advice (in what to look for in an advisor) to friends & family.
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arcticpineapplecorp.
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Re: https://adviserinfo.sec.gov/ - is this information relevant?

Post by arcticpineapplecorp. »

DarkHelmetII wrote: Wed Jun 23, 2021 3:53 pm
arcticpineapplecorp. wrote: Wed Jun 23, 2021 12:44 pm read more here at oblivious investor on how/why to search for the ADV part 2:
https://obliviousinvestor.com/checking- ... v-part-ii/
Thanks, very helpful. A second vote on the importance of Form ADV Part II ... more for me to read up on.

I am largely a BH DIY'er however every few years don't mind a fixed fee one-off engagement to get a 3rd party perspective. This could be helpful in vetting potential advisors. Also in case of passing on advice (in what to look for in an advisor) to friends & family.
use www.garrettplanningnetwork.com or www.napfa.org for looking up potential advisors in your area.
It's hard to accept the truth when the lies were exactly what you wanted to hear. Investing is simple, but not easy. Buy, hold & rebalance low cost index funds & manage taxable events.
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