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Investor advocates agree that proper disclosures about financial advisors can help investors make better-educated decisions about which advisor to work with and protect themselves against fraud. However, the FINRA Investor Education Foundation recently sponsored a national study of American adults who used a financial services provider in the last 5 years, and found that only 15% did any due diligence …

Last Tuesday, we announced the launch of BrightScope Advisor PagesTM. With detailed data on over 430,000 advisors and 40,000 advisory firms, BrightScope Advisor PagesTM is the first comprehensive, free, easily searchable database of financial advisors. In the first week since launch journalists from USA Today, Dow Jones, Bloomberg, the Associated Press, the Wall Street Journal, CNN Money, Reuters, the Street.com, …