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Weekend Reading For Financial Planners (November 25-26)

Nerd's Eye View

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that FINRA has issued a proposal to allow broker-dealers to advertise hypothetical performance data to institutional and high-net-worth investors, which would bring the rules for broker-dealers largely in line with (..)

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AI-Generated Financial Advice And The Fiduciary Catch-22

Nerd's Eye View

These responsibilities also extend to the use of any technology used in the process of giving advice: A recommendation made with the aid of technology still needs to be in the client's best interests, while the technology also needs to carry out any function as it's described in the advisor's marketing materials and client communications.

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Weekend Reading For Financial Planners (Jan 28-29)

Nerd's Eye View

By switching to 501(c)(6) nonprofit status, the new CFP Board of Standards will have expanded abilities to advance the planning profession through lobbying and more targeted advertising messages to grow the ranks of CFP professionals.

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10 Thursday AM Reads

The Big Picture

Vice ) • At Fidelity, AI Provides Extra Eyes to Spot Red Flags : The artificial intelligence application Saifr uses natural language processing to help portfolio managers, sales and other staff review public-facing communication. He is the author of the new book, “ Number Go Up: Inside Crypto’s Wild Rise and Staggering Fall.”

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4 Steps to Build a Financial Advisor Marketing Plan

FMG

A marketing plan is the advertising strategy a business takes to sell its product or service. When finding your goals, ask yourself some of these questions: I have X clients right now, what number do I want to reach by the end of the year? We communicate X amount of times with clients a week, what do we want to raise it to?

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The Financial Advisor’s Guide to Facebook

FMG

All this makes Facebook a prime place for financial advisors to set up accounts and really start communicating with their audience. Thanks to a large number of Facebook users, advisors will be able to find those whose interests align with the financial industry. With a staggering active user base of around 2.9

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Top IT Stocks With High FII Holdings To Add To Your Watchlist

Trade Brains

The Company caters to areas of Aerospace and Defense, Automotive, Communication, Power Generation, Energy, Geospatial, Heavy Industries, Oil and gas, semiconductors, and a lot more. The Company earns most of its revenue from the Financial Services and insurance industries (29.8%), followed by Retail (14.5%) and Communication (12.3%).