Wealth Management

JUNE 24, 2024

United Planners' collaborative culture aids advisors in serving clients while ensuring compliance issues are met.

Compliance 243

Compliance Clients 243

Wealth Management

JUNE 25, 2024

Amplify efficiency, enhance the client experience, and support compliance.

Clients 242

Clients Compliance 242

Wealth Management

JANUARY 9, 2024

Sander Ressler's Vidiance aims to deliver client testimonials compliant with SEC marketing rules.

Consulting 289

Consulting Compliance Marketing Marketing 289

Nerd's Eye View

JANUARY 31, 2025

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that following the change of administration (and a new incoming chair of the SEC), the Investment Adviser Association is seeking to find ways to help RIAs (particularly smaller firms) manage the compliance responsibilities they (..)

Financial Planner 245

Financial Planner Retirement Planning Compliance Taxes 245

Nerd's Eye View

NOVEMBER 30, 2022

Almost every financial planning issue – whether it is retirement, investments, cash flow, insurance, or estate planning – has tax considerations, and advisors provide a great deal of value in helping clients minimize their overall tax burden.

Tax Planning 246

Tax Planning Compliance Taxes Financial Advisor 246

Nerd's Eye View

DECEMBER 17, 2024

Fran is the CEO of Toler Financial Group, a DBA firm under the RIA Rossby Financial, in Silver Spring, Maryland, that oversees nearly $200 million in assets under management for 280 client households.

Compliance 244

Compliance Financial Advisor Financial Advice Clients 244

Nerd's Eye View

JUNE 5, 2024

As their practices grow and they start to serve more clients, though, advicers invariably reach a point where they simply don't have the time to do everything on their own and need to decide whether to make their first hire (or not!). From there, the next decision will be whether the new hire should be an employee or independent contractor.

Compliance 189

Compliance Clients Consulting Accounting 189

Nerd's Eye View

MARCH 14, 2025

Which, if implemented under the new administration, could provide relief for investment advisers, particularly smaller firms that already have to balance compliance with client service, marketing, and the other duties that go into running a firm.

Financial Planner 162

Financial Planner Compliance Commission Retirement 162

Nerd's Eye View

AUGUST 28, 2024

Historically, advisors haven't had many avenues to manage clients' 401(k) plan accounts, since unlike traditional custodial investment accounts, advisors generally lack discretionary trading authority in employer-sponsored retirement plans.

Assets 246

Assets Management Clients Compliance 246

Wealth Management

JULY 16, 2024

Some 64% of advisory firms have no plans to develop or use client-facing artificial intelligence, yet 46% said it was a chief compliance concern, according to the ACA Group's latest survey.

Planning 312

Planning Compliance Clients 312

Nerd's Eye View

APRIL 17, 2024

After advisors do all of the work of bringing on a new client (Marketing! Compliance!), This can result in fewer referrals and even the loss of the client, who might eventually opt to move their accounts to another (more appealing) advisory firm. Prospecting! Onboarding!

Clients 246

Clients Financial Planning Planning Compliance 246

Nerd's Eye View

MARCH 24, 2025

We have provided an onboarding plan template for advisors to download, which breaks up the skills list into two primary categories: 1) client communication skills (e.g., One effective way to structure the onboarding process is to organize the skills that the associate advisor will ideally learn in their first year into key categories.

Planning 130

Planning Clients Financial Planning Communication 130

Wealth Management

OCTOBER 11, 2022

The new platform bundles content generation and analytics, social media management and compliance features, among others.

Compliance 264

Compliance Clients Media Management 264

Wealth Management

APRIL 27, 2023

Getting advisors on board with building a social media presence will help leverage authenticity, grow thought leadership, ensure compliance and get to know clients on a new level.

Financial Advisor 328

Financial Advisor Compliance Media Clients 328

Wealth Management

JUNE 11, 2024

The online presence and listings manager could pay up to $220 million for the client engagement and compliance platform.

Compliance 279

Compliance Clients Management 279

Nerd's Eye View

SEPTEMBER 13, 2024

Also in industry news this week: A CFP Board study indicates that financial planners with the certification earn 10% more than other advisors and show very high levels of career satisfaction A Morningstar study has identified 4 main areas where investors find value from their financial advisors, which might not match an advisor's own list of top ways (..)

Financial Planner 246

Financial Planner Compliance Fee Only Communication 246

Nerd's Eye View

JULY 22, 2024

The obvious answer to growing beyond the capacity of a single owner/advisor is to build a team of employees (either in advisory and/or other roles like client service or operations) that can accommodate additional room for growth. Read More.

Clients 246

Clients Communication Compliance Management 246

Nerd's Eye View

MARCH 17, 2025

This is largely because, for financial advisors, it's not 'just' about capturing notes from the client meeting itself, but also about managing everything that follows: recording meeting notes in the CRM for compliance purposes, assigning post-meeting tasks to the team, and sending the client a post-meeting recap email.

Financial Advisor 147

Financial Advisor Clients Financial Planning Professional Services 147

Nerd's Eye View

JULY 31, 2024

Even firms with robust compliance programs that do a good job following their required policies and procedures can struggle with examinations if they don't have the information that examiners will ask for readily available.

Compliance 246

Compliance Ethics Advertising Clients 246

Abnormal Returns

OCTOBER 7, 2024

(citywire.com) Advisortech AI is coming for the compliance stack. citywire.com) How to help clients understand the state of Social Security. investmentnews.com) The past month's advisor technology news including Wealth.com's big fundraising round. kitces.com) How to choose a name for your practice. axios.com)

Compliance 289

Compliance Wealth Management Financial Advice Government 289

Wealth Management

FEBRUARY 5, 2024

Some compliance experts took issue with a recent Michael Kitces podcast that appeared to endorse a marketing strategy that includes soliciting and reposting clients’ Google reviews.

Compliance 281

Compliance Clients Marketing Marketing 281

Nerd's Eye View

NOVEMBER 22, 2023

This moves the deal into the closing period, where the transaction can be publicly announced and any closing conditions must be met (such as obtaining consent from the seller’s clients to transition to the new owner). Only then can the new owner begin the work of integrating processes and systems and serving their new clients.

Compliance 246

Compliance Sales Financial Advisor Financial Planning 246

Abnormal Returns

JUNE 10, 2024

(citywire.com) Add Mercer Advisors, teaming with Opto, to the list of firms making alternatives available to clients. (fa-mag.com) fa-mag.com) The latest in financial advisortech including the launch of compliance archiving startup Archive Intel. citywire.com) On the benefits of a team-based approach to advising clients.

Compliance 277

Compliance Estate Planning Startup Clients 277

Abnormal Returns

NOVEMBER 7, 2022

standarddeviationspod.com) Compliance Jason Zweig, "In 30 years of writing about the financial-advice industry, I never learned that advisers can provide less-comprehensive disclosures than stockbrokers." wsj.com) Advisers are scrambling to get into compliance with new advertising rules. thinkadvisor.com).

Compliance 279

Compliance Wealth Management Advertising Financial Advice 279

Nerd's Eye View

JUNE 17, 2024

Nonetheless, fewer than 10% of SEC-registered investment advisers report using them, even though the SEC’s updated investment adviser marketing rule allows financial advisors to proactively encourage testimonials (from clients), use endorsements (from non-clients), and highlight their own ratings on various third-party review sites.

Financial Advising 246

Financial Advising Compliance Advertising Marketing 246

Abnormal Returns

OCTOBER 16, 2023

Podcasts Brendan Frazier talks with Meghaan Lurtz about re-engaging with existing clients. riabiz.com) Compliance Compliance is one of the biggest concerns of advisers. thinkadvisor.com) AI tools are coming for the compliance function. citywire.com) RIA M&A volume has picked up of late.

Compliance 262

Compliance Financial Planner Financial Advice Investment Advisor 262

Nerd's Eye View

FEBRUARY 1, 2023

Financial advisors who pay third parties to solicit or refer prospective clients to generate new business have historically been subject to the SEC’s Cash Solicitation Rule. These requirements include ensuring that promoters are eligible to receive compensation for testimonials or endorsements (i.e.,

Advertising 242

Advertising Compliance Marketing Marketing 242

Nerd's Eye View

AUGUST 28, 2024

Historically, advisors haven't had many avenues to manage clients' 401(k) plan accounts, since unlike traditional custodial investment accounts, advisors generally lack discretionary trading authority in employer-sponsored retirement plans.

Assets 245

Assets Management Compliance Retirement Planning 245

Don Connelly & Associates

NOVEMBER 18, 2024

And, with the increasing complexity of financial markets and compliance requirements, advisors must spend more time on data entry, paperwork, and compliance at the expense of more client-facing activities.

Financial Advisor 52

Financial Advisor Clients Compliance Financial Services 52

Nerd's Eye View

NOVEMBER 6, 2023

This month's edition kicks off with the news that Practice Intel has launched a new "growth platform" centered around quantifying the quality of an advisor's client relationships with an all-in "Relationship Quality Index" (RQI) – which while potentially valuable in helping advisors understand and improve their client experience (and subsequently (..)

Compliance 246

Compliance Valuation Financial Advisor Clients 246

The Big Picture

MAY 20, 2023

The firm manages about $145 billion in client assets and is the world’s largest publicly traded hedge fund. Previously she was COO, General Counsel, Chief Administrative Officer, and Global Head of Legal and Compliance. Before joining the firm in 2010 as Chief Compliance Officer for Man GLG, Robyn held Sr.

Compliance 313

Compliance Communication Government Banking 313

Abnormal Returns

JULY 10, 2023

(larrykotlikoff.substack.com) The biz Goldman Sachs ($GS) has snagged another custodian client, NewEdge Wealth. investmentnews.com) Compliance There's no winning the cybersecurity war, just stalemate. financial-planning.com) Advisers don't like spending time on administrative and compliance issues.

Compliance 244

Compliance Recruitment Financial Planning Wealth Advisor 244

Nerd's Eye View

AUGUST 5, 2022

How the proposed “Inflation Reduction Act” will impact financial advisors and their clients. Why state long-term care insurance programs are driving demand for private policies, and the implications of these programs for advisors and their clients. How advisors can support clients in choosing a Medigap policy.

Financial Planner 246

Financial Planner Compliance Insurance Financial Advisor 246

Nerd's Eye View

JULY 31, 2024

Even firms with robust compliance programs that do a good job following their required policies and procedures can struggle with examinations if they don't have the information that examiners will ask for readily available.

Compliance 189

Compliance Ethics Advertising Clients 189

Nerd's Eye View

JULY 14, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that while the new social media app Threads, designed to compete with Twitter, has surpassed 100 million users in its first week alone, its potential utility for advisors remains unclear and has raised compliance concerns for advisors (..)

Financial Planner 246

Financial Planner Compliance Media Retirement 246

Don Connelly & Associates

MARCH 3, 2025

Financial advisors must manage all aspects of their advisory business to ensure client satisfaction, business growth, and profitability. That includes compliance, marketing, business operations, financial management, and professional development. But by the time youre done with all that, your time typically goes unmanaged.

Financial Advisor 52

Financial Advisor Clients Management Compliance 52

Abnormal Returns

DECEMBER 23, 2024

Podcasts Michael Kitces and Carl Richards discuss navigating the issue of underpaying clients. citywire.com) Compliance A comprehensive look at the books and record requirements for RIAs. kitces.com) John Mihaljevic talks family office dynamics with Prof. Cohen of HBS.

Financial Advising 147

Financial Advising Compliance CFP Retirement 147