DALBAR publishes Advice, Trust & Money.BOSTON--(BUSINESS WIRE)--June 9, 1998--DALBAR, Inc. today published Advice, Trust & Money, the nation's first guide written to explain the increasingly complex world of personal financial advice in terms understandable by everyday consumers. The booklet is available at no cost to consumers through DALBAR's website: www.dalbar.com. Advice, Trust & Money, which was written by Louis S. Harvey, the president and founder of DALBAR and author of How to Save Smart, will also be available for free to clients and prospects of several select financial service institutions. Advice, Trust & Money explains in plain English Plain English (sometimes known, more broadly, as plain language) is a communication style that focuses on considering the audience's needs when writing. It recommends avoiding unnecessary words and avoiding jargon, technical terms, and long and ambiguous sentences. the four major types of financial advice available to consumers today: Personal Financial Advice from a financial professional; Guidance Services; Pre-Packaged Advice; and Electronic Advice. What's more, the booklet explains the costs and benefits associated with each type. "Our hope is that this booklet will help consumers make informed decisions about which type of advice they ought to seek, and about which type of advice might be best for them given their own financial circumstances," said Mr. Harvey. "Ultimately, this booklet will help consumers find advice they can trust and that will make them comfortable with their finances." Specifically, the booklet addresses who needs financial advice, the difference between information, education and advice, the various types of financial advisers, and how to shop for advice. In addition, the booklet helps consumers learn about the various regulatory authorities responsible for financial professionals as well as the various types of information sources about financial professionals and designations and certifications. "This booklet is written at a time when financial information and trade execution, if not the quality of products and services are increasingly becoming commodities," said Harvey. "This booklet is a great starting place to help the consumer begin differentiating and distinguishing among the choices." Advice, Trust & Money incorporates the insights and contributions of several significant individuals and companies in the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industry. Those include: American Express American Express (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler's cheque businesses. Financial Advisors Inc., The International Association for Financial Planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against ; John C. Bogle bo·gle n. A hobgoblin; a bogey. [Scots bogill, perhaps ultimately from Welsh bwg, ghost, hobgoblin. , Senior Chairman, The Vanguard Group; The CFP 1. CFP - Constraint Functional Programming. 2. CFP - Communicating Functional Processes. 3. CFP - Call For Papers (for a conference). Board of Standards; The Institute of Certified Financial Planners Certified Financial Planner (CFP) A person who has passed examinations accredited by the Certified Financial Planner Board of Standards, showing that the person is able to manage a client's banking, estate, insurance, investment, and tax affairs. ; Dee Lee, President, Harvard Financial Educators; Mark Lopez, LPL Financial  This article or section is written like an .Please help [ rewrite this article] from a neutral point of view. Mark blatant advertising for , using . Services; Glen Frank, Director of Masters in Personal Financial Planning, Bentley College; Virginia Applegarth, Applegarth Advisory Services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal ; and Ron Roge, R.W. Roge & Co. "The comments and suggestions from the individuals and institutions helped make this booklet one that should exceed reader expectations and deliver the value we intended," said Mr. Harvey. DALBAR, which was founded in 1976 and today has offices in Boston and Toronto, specializes in customer-focused research in the financial services industry. CONTACT: DALBAR Paul DiCesare, 617/723-6400 |
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