Date: Mon, 11 Oct 2004 18:57:56 CST
From: "BMS" 
Newsgroups: misc.invest.financial-plan
Subject: Re: I need a 2nd opinion on the advice of my Financial Advisor.  (involves VUL and DI)
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	eSbtoUoDhxM/dgK9yaynoYOpSi5XKPFJ1AaNC7CTFfGtxzV/MHChPQ==
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I thought a fee based consultant that had over 25 million in assets had to 
register with the SEC regardless of the state rule, SC different?

"HW "Skip" Weldon"  wrote in message 
news:mhqlm0pni8g806odbic6i30smujsnl92uq@4ax.com...
> On Mon, 11 Oct 2004 13:47:46 CST, "BMS"  wrote:
>
>
>>Then interview them, ask for their ADV, that explains how they make their
>>money. If they hem and haw about not having an ADV or it's not worth 
>>looking
>>at, probably somebody you don't want to waste time with.
>
> The rules about ADVs vary by State.  In my State, fee-only consultants
> do not have ADVs because they are not registered with SEC.
>
> -HW "Skip" Weldon
> Columbia, SC
>