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Weekend Reading For Financial Planners (May 6-7)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week’s edition kicks off with the news that the House Financial Services Committee unanimously passed a bill that would direct the SEC to conduct a study and carry out a rulemaking on the definition of a "small entity" to reduce the compliance burden on small businesses, (..)

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Drafting RIA Advisory Agreements: Best Practices And Essential Elements To Include

Nerd's Eye View

Finally, the advisory agreement should include provisions for how it may be amended, modified, or terminated, as well as standard legal ‘boilerplate’ language and, of course, a space for the adviser and client to sign the agreement (either physically or electronically).

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Drafting RIA Advisory Agreements: Best Practices And Essential Elements To Include

Nerd's Eye View

Finally, the advisory agreement should include provisions for how it may be amended, modified, or terminated, as well as standard legal ‘boilerplate’ language and, of course, a space for the adviser and client to sign the agreement (either physically or electronically).

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Don't get an "F" on FBAR

Brown Advisory

We work closely with our clients and their outside professional advisors to identify when FBAR filings are required and to help facilitate compliance. FBAR compliance was enforced by the Treasury Department’s Financial Crimes Enforcement Network bureau, or FinCEN until 2003, when enforcement was delegated to the IRS.

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5 Benefits of Using E-Signatures in Financial Advisory

BlueMind

Related Read: Reducing Compliance Risk with Technology. This goes to show that using electronic signatures has a promising future. E-Docs Ensures Compliance and Increased Security Following regulatory compliance is an extremely important matter for you as an advisor. It is projected to grow to $14.1 billion by 2026.

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Top Indian Stocks Held By JP Morgan – Portfolio Analysis!

Trade Brains

Operating Profit Margin (%) 18 Healthcare, retail, aerospace and defence, government, banking and financial services, engineering and construction, oil and gas, retail, travel and transportation, media, education, the automobile industry, and consumer electronics are just a few of the sectors Wipro supports. Stock P/E (%) 19.53 ROE (%) 16.01

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Implement Digital Documentation for Client’s Onboarding

BlueMind

Personal identification documents NAO documents Compliance forms including KYC (Know Your Client) and AML (Anti-Money Laundering) Estate documents Insurance documents Debt-related documents Tax Brokerage Account Statements IRA (Traditional and Roth) Statements 529 Plan Account Statements Bank Account Statements And so forth.