Wealth Management

JULY 5, 2023

Advisors who said they don't have enough time with their clients spend an average 41% more time every month than peers on compliance, administrative and other “non-value-added” tasks, according to a new J.D. Power survey.

Compliance 312

Compliance Clients 312

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

Nerd's Eye View

NOVEMBER 20, 2024

Investment advisers are fiduciaries that owe a duty of care and loyalty to their clients. One component of this duty of care is an obligation to seek best execution of client securities transactions. The SEC, in its interpretive release, sets an expectation of "periodic and systematic evaluation" (i.e.,

Fiduciary Duty 244

Fiduciary Duty Clients Commission Accounting 244

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 Valuation 245

Nerd's Eye View

JANUARY 3, 2025

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with a recent survey indicating that a majority of advisors are viewing new client acquisition as their primary challenge in the current competitive environment for financial advice (followed by compliance and technology management) and suggests (..)

Financial Planner 246

Financial Planner Retirement Planning Financial Advice Financial Advisor 246

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

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

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

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

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

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 17, 2025

Mariner is seeking to bolster its independent registered investment advisor channel by hiring Rob Sandrew to oversee the division, which includes more than 1,100 advisors and about $40 billion in client assets. Sandrew joined the RIA in 2016 and helped it grow from about $3 billion in client assets to more than $21 billion.

Wealth Management 189

Wealth Management Estate Planning Compliance Management 189

Wealth Management

JUNE 10, 2025

on Tuesday with a series of workshops focused on alternative investments, artificial intelligence and high-net-worth clients. The panels centered around a general theme of growth, whether how to diversify portfolios to grow, strategies to boost AUM and clients and AI best practices to improve an advisors' business. Number 8860726.

Wealth Management 255

Wealth Management Management Estate Planning Planning 255

Nerd's Eye View

JUNE 18, 2025

In recent years, financial advisors have increasingly embraced tax planning as a core element of delivering value to clients. The broader concern is that giving actionable tax advice can expose advisors to legal and financial liability, especially since RIA compliance policies and E&O insurance typically only cover investment advice.

130

130

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

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 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

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 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

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 Planning Financial Advisor 246

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

MAY 2, 2025

a ski chalet), assessing whether it will lead to greater overall wellbeing, or, alternatively, more stress, is more challenging Enjoy the 'light' reading! a ski chalet), assessing whether it will lead to greater overall wellbeing, or, alternatively, more stress, is more challenging Enjoy the 'light' reading!

Financial Planner 182

Financial Planner CFP Financial Advisor Retirement 182

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

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 284

Compliance Wealth Management Financial Advice Government 284

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 274

Compliance Wealth Management Advertising Financial Advice 274

Abnormal Returns

NOVEMBER 4, 2024

businesswire.com) Niches If everyone is your prospect (or client), then no one is. citywire.com) Compliance The SEC is taking a closer look at AI use by RIAs. (riabiz.com) Strive Enterprises is launching a Bitcoin-centric wealth management offering. theblock.co) iCapital is buying AltExchange.

Wealth Management 157

Wealth Management Financial Advising Wealth Advisor Compliance 157

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 259

Compliance Financial Planner Financial Advice Investment Advisor 259

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

XY Planning Network

DECEMBER 9, 2024

If you're an established financial advisor setting out to launch your own Registered Investment Advisor (RIA) firm, transitioning clients from your previous firm is likely at the forefront of your concerns. Managing this process effectively is crucial for retaining clients and ensuring compliance.

Compliance 95

Compliance Financial Advisor Investment Advisor Clients 95

Abnormal Returns

APRIL 28, 2025

obliviousinvestor.com) Clients who are nearing, a year so, retirement have unique needs. kitces.com) This SEC proposal would make for a boom for compliance consultants. thinkadvisor.com) Six questions to help clients feel less stuck. riabiz.com) The strategy behind Robinhood Strategies.

Financial Planner 144

Financial Planner Compliance Investment Advisor Consulting 144

Nerd's Eye View

DECEMBER 4, 2024

For firms with high-net-worth clientele, one way to do this is to offer alternative investments, such as private equity, private debt, or hedge funds, which may offer clients the ability to invest in a more diverse range of assets. Read More.

Clients 225

Clients Financial Advice Investing Investments 225

Wealth Management

JUNE 11, 2025

Ratner June 11, 2025 2 Min Read A client whose estate will remain non-taxable after 2025 has a policy in an irrevocable life insurance trust (ILIT) that was presumably purchased for estate tax liquidity. Number 8860726.

Wealth Management 165

Wealth Management Insurance Estate Planning Clients 165

Wealth Management

JUNE 10, 2025

But similar to the Great Financial Crisis of 2008, fiduciary advisors can use this opportunity to assert their value and give clients confidence that their broader financial plans aren’t as negatively impacted as they may think, given the daily doom-and-gloom market headlines. Number 8860726.

Wealth Management 147

Wealth Management Marketing Marketing Tax Planning 147