Investment Advisor, 11/01/04 Jerry Wade, founder and President of Wade Financial Group, is fed up with mutual funds. As a result, he created Fundpolice.com to inform investors of funds and companies tied up in the mutual fund scandal. He is also urging clients to invest in ETFs and folios instead of mutual funds. Wade believes it is up to advisors to create alternatives for clients. He called the mutual fund industry a "dinosaur" that "hasn't been reinvented since the 1940's." Jerry Wade also has a new call-in radio show in the Twin Cities area where he answers questions from all types of investors as well as expose more scandals in the mutual fund industry. http://www.investmentadvisor.com/issues/2004_11/columns/4386-1.html
A Web Watchdog for Funds
Star Tribune, 10/11/04 Jerry Wade, President of Wade Financial Group, has created a website for investors to check and see if their mutual funds are in any trouble with the SEC. The website was developed as an education tool for investors who do not have the time or resources to keep up with the mutual fund scandal news. There are "fund alternatives" featured on the site as well which give investors resources to seek out alternative investments to mutual funds. www.startribune.com
