Nerd's Eye View

APRIL 17, 2024

Compliance!), Some types of client disengagement can be difficult to detect until it's too late, as client disengagement manifests, by definition, as a lack of action, up until the client decides to leave the advisor altogether. After advisors do all of the work of bringing on a new client (Marketing! Prospecting! Onboarding!

Clients 246

Clients Financial Planning Planning Compliance 246

The Big Picture

APRIL 6, 2023

We have regulatory and compliance obligations around what we say and do in public, and we do our very best to make sure that what we put out is accurate. I see all of the Google News headlines about the firm and its employees; I read every article about everything we do as a company. ” Because we are not.

Wealth Management 278

Wealth Management Portfolio Management Clients Portfolio 278

Diamond Consultants

FEBRUARY 11, 2025

By our definition, the criteria for qualifying as a Supported RIA is surprisingly simple and boils down to two criteria: RIA Registration Supported RIAs are overseen by the state or the SEC and are distinctly separate from FINRA (though they may have so-called friendly broker dealers attached to them that allow for commissionable business).

Compliance 52

Compliance Clients Management Investing 52

Norman Marks

FEBRUARY 5, 2024

Governance is by definition “The combination of processes and structures […] In an article in EDPACS, Rainer explained (with my emphasis): Governance has been central to what internal auditing has been aspiring to do for a long time.

Government 110

Government Compliance 110

The Big Picture

DECEMBER 6, 2022

And definitely, their retail market participation is significantly lower than you can see in the U.S. But I think it’s definitely changing, Barry, because, you know, you see more and more fintech platforms and robo-advisors that in a way, are making accessing financial markets easier for more and more investors in in Spain.

Clients 162

Clients Investing Investments Management 162

BlueMind

SEPTEMBER 3, 2022

That’s the simple definition, however, the financial definition has a more definitive meaning. Related: Compliance and Automation – An Ideal Unison! The word “risk” evokes similar reactions in most human beings. Risk Tolerance In academic terms, risk tolerance refers to the client’s “willingness” to take on risks.

Risk Tolerance 105

Risk Tolerance Clients Portfolio Financial Advisor 105

Harness Wealth

FEBRUARY 5, 2025

Maintaining accurate records of foreign income and taxes paid is therefore vital to calculating the correct FTC and maintaining tax compliance. Well definitely be outside of that. Lewis Chessiss perspective on tax compliance when living abroad Lewis Chessis is a tax advisor on the Harness platform with extensive experience helping U.S.

Taxes 52

Taxes Compliance Accounting Government 52

Harness Wealth

FEBRUARY 19, 2025

Ensure BOI reporting compliance and remain updated with the latest BOI regulations with a tax advisor from Harness. Make sure you provide complete information for each individual who meets the definition of a beneficial owner. Get started Harness makes it easy to find tax and financial advisors best suited to your needs.

Taxes 52

Taxes Financial Advisor Consulting Certification 52

Inside Information

DECEMBER 1, 2024

And that means that AI will only be unlocked when software engineers identify a fairly well-defined use case and ‘train’ AI to do certain repetitive functions within that definition. I’ve profiled another interesting solution—Greenboard—in this issue of the newsletter; it turns out that there’s a lot of rote work in compliance.

Engineering 40

Engineering Financial Planner Compliance Clients 40

Sara Grillo

APRIL 19, 2024

Definitions on the internet are one thing, and what it actually says in the agreement is another. Also, nothing in this podcast or blog can be interpreted as legal or compliance advice. For advise on such matters, contact a legal or compliance advisor. Ask your lawyer if you need to, but make this decision wisely.

Financial Advisor 97

Financial Advisor Financial Advice Accounting Clients 97

Indigo Marketing Agency

MAY 3, 2021

If you need to submit something to compliance, we do that too. It definitely serves a purpose. We even assign you a dedicated human being Account Manager who works with you to tell your story and answer your questions. With a larger platform like FMG Suite, you don’t get so much personalization. It’s responsive. It’s mobile-friendly.

Financial Advisor 59

Financial Advisor Compliance Media Clients 59

Diamond Consultants

MAY 9, 2023

In full disclosure, this article will not be able to answer that question definitively. Compliance oversight – This is every advisor’s favorite punching bag. Compliance is not intended just to police bad behaviors, but also to provide guard rails as well as advisor and client protection when needed. Is the cost worth it?

Compliance 52

Compliance Wealth Management Clients Estate Planning 52

Harness Wealth

JANUARY 29, 2025

The IRS doesnt provide a precise definition for “substantially identical” securities. When you have limited expertise: tax-loss harvesting requires careful monitoring and compliance with IRS regulations. Another option is to consider investing in a similar, but not substantially identical, asset.

Taxes 52

Taxes Assets Sales Portfolio 52

Carson Wealth

SEPTEMBER 23, 2024

on Thursday after the rate cut, so this might be early, but it is most definitely off to a nice start. Compliance Case # 02419581_092324_C The post Market Commentary: S&P 500 Makes New All-Time High as Fed Goes Big appeared first on Carson Wealth. There’s an old saying not to fight the Fed and this is what they mean.

Marketing 96

Marketing Marketing Economy Economics 96

Investment Writing

NOVEMBER 20, 2024

They want to understand their investments without learning the definitions to unfamiliar words,” according to “ New Word Order ,” part of the Invesco White Paper Series ( highlights available online ). Next, consider ways to satisfy the compliance department’s concerns.

Compliance 52

Compliance Communication Assets Investing 52

Sara Grillo

OCTOBER 31, 2022

A Form ADV, according to definition by the SEC , is a legal document that anyone who is holding him or herself out as a professional financial advisor in the United States must file with the SEC, whether they are state or Federally registered. Also, nothing in this podcast or blog can be interpreted as legal or compliance advice.

Financial Advisor 110

Financial Advisor Commission Clients Compliance 110

Norman Marks

JUNE 16, 2022

The traditional definition of risk appetite is: The amount of risk an organization is willing to take in pursuit of objectives. This is a mouthful that makes little sense, especially when you try to come up with “an amount of risk”. Is that a bushel, a pound, a gallon, a million dollars, or what? Some […].

Compliance 53

Compliance Government 53

The Big Picture

FEBRUARY 6, 2024

And ev all the sort of compliance, client service, legal, kind of, everything was done sort of on the side by investment people. And I can tell you from personal experience, us finance people, we’re not great at accounting, legal, compliance, all the detail and stuff that, that keeps the firm running. How does GMO define quality?

Valuation 130

Valuation Investing Investments Assets 130

Carson Wealth

OCTOBER 7, 2024

Compliance Case # 02444496_100724_C The post Market Commentary: Stocks in the Middle of Some Amazing Streaks While Job Growth Perks Up appeared first on Carson Wealth. away from being rounded down to 4.0%. A diversified portfolio does not assure a profit or protect against loss in a declining market.

Marketing 96

Marketing Marketing Economy Economics 96

Carson Wealth

MARCH 11, 2024

Definitional issues around labor force participation (how the unemployment rate is calculated) and demographics (an aging society, with more people retiring every day) is why I prefer the prime-age (25-54 years) employment-population ratio. For 16–19-year-olds, the unemployment rate rose from 10.6%

Marketing 97

Marketing Marketing Economy Retirement 97

Steve Sanduski

JULY 16, 2024

Certainly investment management, financial planning, some of those things definitely need to fall in the advisor’s lap, at least as you’re building your firm. And even from a compliance purpose, having systems in place allow you to avoid things like fines. The advisor often thinks I am the only one who can do this.

Clients 59

Clients Financial Advisor Compliance Financial Planning 59

Inside Information

APRIL 26, 2024

The broker-dealers would tell their reps (and some still do) that if they were to venture outside of the BD’s compliance umbrella and go fee-only, the SEC would come after them with a vengeance. The fear-mongering definitely benefits the acquiring firms and especially the M&A firms. We hear about ‘professionally-managed’ firms.

Fee Only 40

Fee Only Professional Services Clients Management 40

Abnormal Returns

JANUARY 14, 2025

axios.com) Firms are still getting fined for text compliance issues. (axios.com) Databricks is raising venture debt. finance.yahoo.com) Finance Fidelity Investments is entering into the stock transfer agent market. thinkadvisor.com) A look at JP Morgan's ($JPM) ambitions in Europe.

Compliance 179

Compliance Communication Media Economy 179

Carson Wealth

JULY 8, 2024

Compliance Case # 02311458_070824_C The post Market Commentary: Best Calendar Month Over the Last 20 Years Holding True appeared first on Carson Wealth. Now, part of this is because people who don’t have jobs are looking for work more actively than they did before.

Marketing 97

Marketing Marketing Economy Numbers 97

Carson Wealth

MAY 6, 2024

As mentioned previously, the prime-age (25-54 years) employment-population ratio gets around definitional issues that crop up with the unemployment rate (a person is counted as being unemployed only if they’re “actively looking for a job”) or demographics (an aging population with more people retiring and leaving the labor force every day).

Marketing 97

Marketing Marketing Economy Numbers 97

Good Financial Cents

DECEMBER 19, 2022

I could definitely picture some kids taking out their aligner to eat lunch at school, then dumping their retainers in the trash with their lunch tray. With proper care and compliance, though, Invisalign can give you a beautiful, straight smile. If you do have the funds available, however, it’s definitely worth considering.

Insurance 84

Insurance Planning Medical Accounting 84

International College of Financial Planning

JUNE 14, 2023

Definition of an Investment Advisor In simple terms, an investment advisor actively provides investment-related advice to individuals, groups, or companies. It is important to note that a new NISM certification must be obtained before the expiry of the existing certificate to ensure compliance with guidelines.

Investment Advisor 52

Investment Advisor Investing Investments Certification 52

Brown Advisory

JUNE 14, 2017

2 The SEC’s Enforcement Division introduced the Municipal Continuing Disclosure Cooperative Initiative in early 2014 to encourage self-reporting of possible securities law violations, especially in situations when entities misrepresented their compliance with continuing disclosure obligations. The results were discouraging.

Compliance 52

Compliance Retail Clients Management 52

Brown Advisory

JUNE 14, 2017

The SEC’s Enforcement Division introduced the Municipal Continuing Disclosure Cooperative Initiative in early 2014 to encourage self-reporting of possible securities law violations, especially in situations when entities misrepresented their compliance with continuing disclosure obligations. The results were discouraging.

Compliance 52

Compliance Retail Clients Management 52

FMG

DECEMBER 22, 2022

I couldn’t pass up on the one-click compliance! I was considering building my own with a regular web designer, but as a solo advisor, I just don’t have time to get every single edit approved through compliance before going live. I create a lot of content and didn’t want “submitting things to compliance” to become a time suck.

Financial Advisor 52

Financial Advisor Compliance Clients Communication 52

Carson Wealth

JUNE 12, 2023

At Carson, we aren’t crazy about this definition of a bull market. We’ve believed for a while now that the bear market ended in October, but the financial media prefer the 20% definition. Compliance Case # 01795338 The post Market Commentary: A New Bull Market is Here appeared first on Carson Wealth.

Marketing 52

Marketing Marketing Economy Manufacturing 52

Midstream Marketing

MARCH 21, 2023

The first result in the Local Pack is definitely the gold standard. And while it is not always fun to get into the weeds of the new compliance rules, I’ve found the payoff for the ability to use Google reviews is so worth it. What is more, over half of that traffic was contained in the first listing in the Local Pack.

Financial Advisor 52

Financial Advisor Investment Advisor Consulting Advertising 52

Carson Wealth

MARCH 25, 2024

We like this definition from Forbes: A stock market bubble — also known as an asset bubble or a speculative bubble — is when prices for a stock or an asset rise exponentially over a period of time, well in excess of its intrinsic value. And sure enough, both Apple and Tesla have drastically underperformed lately. But a bubble overall?

Marketing 97

Marketing Marketing Economy Manufacturing 97

Trade Brains

FEBRUARY 26, 2024

Weakness of the Investment Trust Regulatory & Compliance Requirements: As the investment trust deals with government-owned infrastructure assets, it will have to undergo multiple compliance requirements concerning ownership due to matters related to national security. Nevertheless, Net Profits have skyrocketed by 7.3x

Government 59

Government Assets Transportation Compliance 59

Carson Wealth

SEPTEMBER 9, 2024

We like to look at the “prime-age” (25-54 years) employment-population ratio, since it gets around definitional issues that crop up with the unemployment rate (someone is counted as being “unemployed” only if they’re “actively looking for a job”) or demographics (an aging population with more people retiring and leaving the labor force every day).

Marketing 67

Marketing Marketing Economy Economics 67

Sara Grillo

JUNE 2, 2022

To see this term blurred with the top advisor definition, it makes me mad because it implies that advisors who are selected on the basis of production – and this gives me the sense that this ranking had a lot to do with precisely that – are the best financial advisors. ” Huh? Moreover, the titling of this list is wrong IMO.

Financial Advisor 69

Financial Advisor Clients Ethics Numbers 69

Brown Advisory

APRIL 22, 2021

Artificial Intelligence: Definitions Artificial intelligence (AI) is a broad term encompassing technologies that simulate human intelligence in machines. And if and when regulatory frameworks solidify, the compliance requirements may inadvertently lead to rising concentration risk in the industry.

Ethics 52

Ethics Compliance Government Clients 52