I don't know what percentage of advisors have disclosures. I realize there are varying types of disclosures, some more serious than others. I would not want an advisor to have any,
I don't know if advisors are obligated to tell their clients if they have had a disclosure.
But "Broker Check" on finra.org is where you can find out if an advisor has a disclosure and if there has been a settlement, it will show that, too. You can also read a summary there of what happened,
If hiring an advisor, use Broker Check to see his pedigree.
Boomer
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Pogo was right.
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