ADVThe ADV is actually a financial advisor's Uniform Application for Investment Advisor Registration. It discloses a great deal of information so the U.S. Securities and Exchange Commission can gauge the advisor's fitness to practice. Be sure to ask for a copy of the ADV for any advisor you are considering. It is the surest way to learn all the sources of his/her income, including whether this individual qualifies to be called a Fee-Only financial planner or if he/she accepts commissions on the sale of financial products. |