Nerd's Eye View

NOVEMBER 22, 2023

Once the seller and potential buyer are ready to get serious about a deal, the next step will be to sign a mutual Confidentiality and Non-Disclosure Agreement (CNDA), which contractually obligates the parties to keep any information that is shared (as the name implies) confidential.

Compliance 246

Compliance Sales Financial Advisor Financial Planning 246

Nerd's Eye View

FEBRUARY 21, 2024

In 2021, Congress passed the Corporate Transparency Act, which, for the first time, required small business entities such as LLCs and corporations to report identifying information on their "beneficial owners" (i.e., those who own at least 25% of, or who otherwise exercise substantial control over the business). Read More.

Insurance 241

Insurance Numbers Clients Business Planning 241

BlueMind

JULY 15, 2022

Category: Compliance. The Significance Of Financial Compliance Financial compliance requires all actions, procedures, guidelines, and business culture to abide by the rules and regulations set by the regulatory authorities of the financial market. Related: Compliance and Automation – An Ideal Unison!

Compliance 98

Compliance Financial Advisor Certified Financial Planner Clients 98

The Big Picture

DECEMBER 5, 2024

He was always very generous with me, allowing many of his unique works to be republished on this blog (despite the usual concerns from compliance). His insights were unique, and I always received them with gratitude. My buddy Mark Lehman had been at UBS in Switzerland for nearly his entire career. It should be fun—for me at least.”

Compliance 290

Compliance Marketing Marketing Management 290

Nerd's Eye View

AUGUST 28, 2024

Alternatively, some advisors have instead opted to collect clients' login information so they can execute the trades in their clients' accounts themselves –presenting numerous data security and compliance issues for the advisor (and can lead to the advisor being considered to have custody over client assets).

Assets 246

Assets Management Clients Compliance 246

Nerd's Eye View

AUGUST 28, 2024

Alternatively, some advisors have instead opted to collect clients' login information so they can execute the trades in their clients' accounts themselves –presenting numerous data security and compliance issues for the advisor (and can lead to the advisor being considered to have custody over client assets).

Assets 245

Assets Management Compliance Retirement Planning 245

Nerd's Eye View

JUNE 7, 2023

All Investment Adviser Representatives (IAR) of registered investment advisory firms are required to file Form U4, a regulatory filing containing public disclosures of certain information about financial professionals.

Compliance 246

Compliance Advertising Media Investing 246

Nerd's Eye View

NOVEMBER 6, 2023

From there, the latest highlights also feature a number of other interesting advisor technology announcements, including: FinanceHQ has launched as a new digital lead generation platform for financial advisors, which takes a more niche-focused approach to matching prospective clients with advisors – representing a bet that capturing prospects (..)

Compliance 246

Compliance Valuation Financial Advisor Clients 246

Indigo Marketing Agency

SEPTEMBER 6, 2022

We’re happy to announce that Indigo Marketing Agency was featured in Bob Veres’s August 2022 issue of Inside Information , a go-to resource for financial planning, financial advisor, and investment advisor professionals. So how do you effectively use the new testimonial rule in your marketing without running into compliance issues?

Marketing 97

Marketing Marketing Financial Advisor Compliance 97

Nerd's Eye View

JUNE 21, 2023

As a starting point, investment advisers must address 3 important questions when designing and implementing a compliant code of ethics: who within the firm is subject to reporting their personal securities transactions; what information needs to be reported; and when this information must be reported.

Ethics 244

Ethics Fiduciary Duty Compliance Clients 244

Midstream Marketing

DECEMBER 7, 2024

The integration provides workflows that are automatic, along with digital marketing and compliance tools. This information is simple to customize and share on various marketing channels, like social media and email. AI-powered insights help find the best information for every client. The platform is easy to adapt.

Compliance 52

Compliance Financial Advisor Clients Communication 52

Nerd's Eye View

DECEMBER 27, 2023

Because on the one hand, it's necessary to understand how technology processes and analyzes client information to produce its output to have a reasonable basis to rely on that output to make a recommendation in the client's best interest.

Financial Advice 246

Financial Advice Communication Compliance Clients 246

Midstream Marketing

NOVEMBER 26, 2024

These methods include using technology, content marketing, and strategies that follow compliance rules. This includes using content marketing and sticking to compliance rules. They interact with different clients and have their own rules for compliance. A CRM organizes client information and tracks your interactions with them.

Compliance 52

Compliance Marketing Marketing Investment Advisor 52

Nerd's Eye View

JUNE 6, 2023

Adam is a principal with RubinGoldman and Associates, and the Founder and CEO of Asset-Map, a financial planning tool that helps financial advisors create a visual representation of their clients’ financial situation, reaching over 1.25 million users.

Assets 246

Assets Financial Advisor Financial Planning Insurance 246

Nerd's Eye View

JULY 12, 2022

And be certain to listen to the end, where Kamila shares how she was surprised by how much time it takes to manage aspects of her business, like compliance, technology, and having time to learn new industry information in order to build a successful practice, how Kamila now recognizes risk and fear are part of growth and wishes she could have taken (..)

Financial Advisor 246

Financial Advisor CFP Clients Financial Planning 246

Harness Wealth

MARCH 14, 2025

Many firms use unencrypted email or physical drop-offs to receive sensitive tax data, leaving confidential information exposed to possible breaches. Without a secure system in place, firms face the risk of hacked email accounts, lost or misplaced documents, and even compliance violations with the IRS and financial regulations.

Taxes 52

Taxes Compliance Tax Planning Clients 52

MarketWatch

MARCH 30, 2023

million total — is for “unsafe or unsound practices” related to historical inadequate oversight of sanctions compliance risk at its Wells Fargo Bank N.A. Visit MarketWatch.com for more information on this news. WFC a combined $97.8 million for “deficient oversight” that allowed the bank to allegedly violate U.S. sanction regulations.

Compliance 75

Compliance Banking Assets Marketing 75

Carson Wealth

JANUARY 28, 2025

The Role of Nonprofit Compliance in Risk Management Its important to know how the companies youre supporting manage their own risks, and compliance with all relevant laws and regulations plays a large part in this. 1] [link] The information in this article is provided by CWM, LLC.

Risk Management 52

Risk Management Management Nonprofit Compliance 52

Nerd's Eye View

JUNE 26, 2023

And when the acquiring firm is much larger than the selling firm, the much more rigid structure of the larger firm (particularly relating to compliance and personnel management) will almost inevitably conflict with a previously independent firm owner who is used to making their own decisions.

Compliance 246

Compliance Sales Planning Media 246

Midstream Marketing

DECEMBER 26, 2024

Clients can find a lot of information, making it crucial for planners to stand out and clearly show their value. By sending information that is timely, relevant, and personal, consultants can build strong relationships based on trust. This helps consultants provide clients with helpful information that meets their financial goals.

Marketing 52

Marketing Marketing Communication Advertising 52

Norman Marks

APRIL 22, 2022

I have been involved in information security, either auditing it or being responsible for the function at a couple of financial institutions, for a very long time. To me, cyber is not separate from information security.

Compliance 74

Compliance Government 74

Indigo Marketing Agency

FEBRUARY 19, 2025

Strict regulations and compliance requirements often limit how financial companies can promote their services, making it essential to navigate these rules carefully. Content Marketing : We create valuable and informative content to build trust and promote your services.

Financial Services 59

Financial Services Financial Planner Advertising Financial Advisor 59

Nerd's Eye View

AUGUST 7, 2023

This month's edition kicks off with the news that estate planning platform Wealth.com has launched Ester, an AI-driven 'legal assistant' that uses machine learning to help advisors quickly review and extract the key information from clients' estate planning documents, as it joins FP Alpha in the competition to become 'Holistiplan for estate planning (..)

Estate Planning 246

Estate Planning Wealth Management Financial Advisor Planning 246

Harness Wealth

APRIL 4, 2025

We also break down the latest developments in Beneficial Ownership Information (BOI) reportingwhile requirements have been temporarily lifted for domestic entities, foreign companies remain affected. Transfer Pricing: The C-suite Needs to be Informed ( Steven C. Did you miss last weeks edition? You can find it here. Wrappe, J.D.,

Taxes 52

Taxes License Banking Government 52

Midstream Marketing

JANUARY 24, 2025

This article aims to help financial advisors make an informed decision by discussing the pros and cons of each option, ultimately guiding them towards the best choice for their business growth. Compliance and Security Built-in compliance features (archiving, disclosures). Custom UX boosts user engagement.

Financial Advisor 52

Financial Advisor Compliance Budgeting Professional Services 52

Midstream Marketing

OCTOBER 30, 2024

Platforms such as LinkedIn, Twitter, and Facebook let advisors share useful information. Content Marketing Create valuable, informative content that addresses the needs and concerns of your target audience. Compliance and Ethics in RIA Marketing RIAs manage their clients’ money. It is important for them to be clear and honest.

Investment Advisor 52

Investment Advisor Investing Investments Ethics 52

Harness Wealth

MARCH 27, 2025

Simplified tax filing PTET’s consolidation of state tax payments streamlines administrative processes and minimizes compliance costs. Failure to understand relevant differences can result in potential compliance issues and penalties. Instead, they receive a federal tax credit, simplifying their tax filing process.

Taxes 52

Taxes Compliance Consulting Financial Planning 52

Carson Wealth

MARCH 27, 2025

Even as the parent, you would need POA status to have access to information and be able to step in as a voice for your adult child if needed. Compliance case #7754770.2 You may want to establish a power of attorney for your child before move-in day. Ready to get started on your estate plan?

Fiduciary Duty 77

Fiduciary Duty Medical Estate Planning Healthcare 77

Norman Marks

JUNE 24, 2024

This is going to be a longer post than normal, so please make sure you have the time to read and consider it. It includes not only a case study based on a real-life risk-based decision (as if some are not risk-based!), but also a discussion of a “model” for considering all the sources of […]

Compliance 52

Compliance Government 52

Carson Wealth

DECEMBER 2, 2024

Content in this material is for general information only and not intended to provide specific advice or recommendations for any individual. Information is based on sources believed to be reliable; however, their accuracy or completeness cannot be guaranteed. This newsletter was written and produced by CWM, LLC.

Marketing 73

Marketing Marketing Economy Compliance 73

Nerd's Eye View

JUNE 12, 2024

Or if an advisor knowingly misled a client in giving information that led them to make an investment decision, they could be penalized for giving fraudulent advice under state or Federal law.

Fiduciary Duty 245

Fiduciary Duty Risk Tolerance Investing Investments 245

Million Dollar Round Table (MDRT)

MARCH 3, 2024

The more people involved in your practice, the more important good processes become for increasing efficiency, consistency, scalability, client satisfaction, and helping with compliance and legal issues. Here are a few processes you may want to consider that MDRT members say work well for them.

Compliance 103

Compliance Financial Advisor Clients Management 103

XY Planning Network

SEPTEMBER 16, 2024

Keeping up with bookkeeping is mandatory for tax & regulatory compliance, informed decision-making, and accurate financial tracking. Your business could be audited at any point in the year, and having up-to-date books is essential to passing that audit. And remember, the earlier, the better to avoid the last-minute frenzy.

Compliance 81

Compliance Taxes Fee Only 81

Carson Wealth

MARCH 17, 2025

Content in this material is for general information only and not intended to provide specific advice or recommendations for any individual. Information is based on sources believed to be reliable; however, their accuracy or completeness cannot be guaranteed. This newsletter was written and produced by CWM, LLC.

Marketing 83

Marketing Marketing Economy Portfolio 83

Harness Wealth

MARCH 27, 2025

Due diligence involves the following: Identifying potential tax risks: Its important to review the target fund’s tax returns, partnership agreements, and other relevant documents to identify any potential tax liabilities or compliance issues. The role of technology: Technology is increasingly the foundation of efficient tax compliance.

Taxes 52

Taxes Tax Planning Assets Compliance 52

Nerd's Eye View

JANUARY 17, 2024

One of his most used prompts processes discovery meeting transcripts and allows users to gather, summarize, and organize key information, including demographic data, topics discussed, key points, action items, and next steps.

Financial Advice 130

Financial Advice Financial Planning Planning Clients 130

Harness Wealth

FEBRUARY 19, 2025

Beneficial Ownership Information (BOI) reporting is part of the Corporate Transparency Act (CTA) and requires millions of business entities to report beneficial ownership information, including data about the individuals who ultimately control a company. Table of Contents What is a BOI Report?

Taxes 52

Taxes Financial Advisor Consulting Certification 52