What intellectual advisers gain from transparency rules

04/15/2012 | RIABiz.com

There are two types of planners in the world: those who rely on their personality to sell services and those who rely on their professional skills, Jack Waymire writes. The latter type is bound to prosper as investors and regulators increasingly look for transparency. That's because truly skilled planners are happy to document and provide their qualifications to potential clients. "The only advisors who can afford to practice transparency are high quality professionals who have nothing to hide," Waymire writes.

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