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AdvisorCheck Scores $1.8M

Los Angeles- and New Jersey-based AdvisorCheck, a startup which is developing a service to help with financial advisor monitoring and background checks, said this week that it has raised $1.8M in a seed funding round. The company said its platform lets users locate and search for information on any financial advisor in the United States. The company says its first product is AdvisorCheck+ AC+, a tool that allows investors to perform comparison background checks of advisors, plus continuous monitoring of that advisor. Source of the seed funding was not announced.