Steve Sanduski

OCTOBER 24, 2023

On today’s show, Andrew Brzezinski and I discuss generative AI, overcoming the barriers to adopting AI, key risks and ethical considerations, and the future outlook for using AI in an advisory practice. Ethical and compliance challenges advisors need to address as they add AI to their workflows.

Ethics 59

Ethics Wealth Management Compliance Financial Advice 59

Carson Wealth

JULY 12, 2022

She reviewed two types of annuity contracts often used for retirement and helped determine which one is the best fit for her client.” . Financial service professionals like Tammy climb a competence stairway to work with clients. The first step in the competency stairway is regulatory compliance. .

Financial Advising 98

Financial Advising Financial Planning Ethics Financial Services 98

International College of Financial Planning

MARCH 31, 2023

Wealth managers specialize in managing wealth and providing financial advice to their clients. It is a holistic approach that focuses on the integration of various financial services to help clients achieve their goals. Excellent analytical and problem-solving skills to help clients achieve their financial goals.

Wealth Management 52

Wealth Management Management Risk Management Ethics 52

Harness Wealth

FEBRUARY 20, 2024

Many states require an ethics exam covering professional conduct and accounting rules, ensuring that CPAs are equipped to handle ethical situations during their career. The exam covers a wide array of tax topics, including tax preparation for individuals and businesses, client representation, and tax practice and procedures.

Taxes 52

Taxes License Education Tax Planning 52

Walkner Condon Financial Advisors

APRIL 17, 2023

They are compensated only by the fee the client pays. Some advisors are primarily paid directly by the client, but then also might receive some compensation from insurance policies they sell to their clients or other investment products they recommend, like a specific fund or annuity.

Fee Only 52

Fee Only Financial Advisor Certified Financial Planner Commission 52

Walkner Condon Financial Advisors

APRIL 21, 2023

They are compensated only by the fee the client pays. Some advisors are primarily paid directly by the client, but then also might receive some compensation from insurance policies they sell to their clients or other investment products they recommend, like a specific fund or annuity.

Certified Financial Planner 52

Certified Financial Planner Financial Advisor Fee Only Financial Planner 52

Sara Grillo

OCTOBER 31, 2022

The Form ADV Part I provides basic business detail about things such as ownership, clients, employees, etc. Many times you will even see client dispute disclosures, where they may have sold a client a product that wasn’t presented properly, for example. 3 Form ADV Part 2, Section 4, Item E, Client Assets under Management.

Financial Advisor 110

Financial Advisor Commission Clients Compliance 110

Sara Grillo

DECEMBER 22, 2023

Often these people are focused on marketing at the expense of client relationships and client service. Find a financial advisor whose sole focus is serving their clients, and be wary of anything that implies distraction. Also, nothing in this podcast or blog can be interpreted as legal or compliance advice.

Financial Advisor 52

Financial Advisor Fiduciary Duty Compliance Financial Advice 52

Park Place Financial

JULY 6, 2022

The law also includes compliance standards for FSRPs. Review of investment practices: The bill adds ethical conditions to amendments made during the 86 th Legislative Session regarding independent investigations into investment practices. Additionally, it tells these review firms how to proceed after conducting the evaluation.

Retirement 52

Retirement Retirement Planning Certified Financial Planner Ethics 52

Brown Advisory

DECEMBER 5, 2023

Our use-case at Brown Advisory for environmental, social and governance information, however, can be vastly different from how some clients, regulators, and other stakeholders use the term. Here is an attempt to invoke fundamental investing basics to clarify exactly what we aspire to deliver for our clients.

Fiduciary Duty 52

Fiduciary Duty Government Clients Investing 52

Sara Grillo

JANUARY 9, 2023

Here’s the triumph of virtue that financial planning transparency will (FINALLY) bring to planners across the country and the benefits to clients that come along with it. Client advocacy. about how to run a business with higher transparency to the client. Get ready for an exciting show, folks, whoo hoooo!!!!!!

Financial Planning 52

Financial Planning Planning Financial Planner CFP 52

Nerd's Eye View

JULY 19, 2023

At a high level, every IAR who is registered in a state requiring CE must complete a total of 12 CE credits each year, comprising 6 credits of Ethics and Professional Responsibility and 6 credits of Products and Practice.

Education 40

Education Investing Investments CFP 40

Brown Advisory

JANUARY 20, 2023

Don't get an "F" on FBAR ajackson Fri, 01/20/2023 - 13:43 We work with many clients to develop smart, flexible tax strategies; such strategies are essential to align their tax, investment and wealth preservation plans. taxpaying clients is the “FBAR,” or the Report of Foreign Bank and Financial Accounts.

Compliance 100

Compliance Accounting Taxes Banking 100

Sara Grillo

JUNE 2, 2022

Different advisors are great for different clients. Investment performance isn’t an explicit component because not all advisors have audited results and because performance figures often are influenced more by clients’ risk tolerance than by an advisor’s investment-picking abilities. Client satisfaction survey?

Financial Advisor 69

Financial Advisor Clients Ethics Numbers 69

Brown Advisory

JANUARY 20, 2023

Don't get an "F" on FBAR ajackson Fri, 01/20/2023 - 13:43 We work with many clients to develop smart, flexible tax strategies; such strategies are essential to align their tax, investment and wealth preservation plans. taxpaying clients is the “FBAR,” or the Report of Foreign Bank and Financial Accounts.

Compliance 52

Compliance Accounting Taxes Banking 52

Sara Grillo

NOVEMBER 8, 2022

You should get this run by compliance before publishing any of this text. You should ask compliance for them. My practice’s core values are: Transparency, Clarity, Client advocacy, Logic, and Fairness. I am a: (make buttons for each of your client categories that they can click). Please note: This is just a model.

Compliance 52

Compliance Wealth Management Financial Advice Ethics 52

Brown Advisory

JUNE 12, 2017

Buffett and Munger celebrate good business and investment practices, the potential for human achievement, high ethics and decency to one’s fellow man. All the big brokerage firms have large compliance departments, and they should. annualized compared with 6.9% carriers, so this is more of an industry bet.

Investing 52

Investing Investments Ethics Taxes 52

Brown Advisory

JUNE 12, 2017

Buffett and Munger celebrate good business and investment practices, the potential for human achievement, high ethics and decency to one’s fellow man. All the big brokerage firms have large compliance departments, and they should. annualized compared with 6.9% carriers, so this is more of an industry bet.

Investing 52

Investing Investments Ethics Taxes 52

Sara Grillo

AUGUST 25, 2023

The fiduciary standard is important because it defined parameters for behaviors impacting the way that financial advisors treat their clients. Fiduciary financial advisors provide the highest possible standard of care in the industry to their clients. The majority of my clients have very few assets outside of 401k, and home countries.

Financial Advisor 52

Financial Advisor Accounting License Financial Planning 52

Sara Grillo

JUNE 12, 2023

It’s impossible to figure out from the illustration – it can only be determined based upon this supplemental report that is usually not asked for by the fiduciary financial advisor or the client. These meetups are free and the goal is to learn from each other about how to grow and manage a transparent practice for the benefit of clients.

Insurance 59

Insurance Clients Financial Advisor Math 59

Sara Grillo

MARCH 13, 2023

According to Bak, assets don’t care about the ethics of their investors. The worst part is that their wealth management clients’ portfolios will be stuffed with this crap. These meetups are free and the goal is to learn from each other about how to grow and manage a transparent practice for the benefit of clients.

Financial Advisor 59

Financial Advisor Assets Management License 59

The Big Picture

DECEMBER 6, 2022

when I first moved from Spain, and I learned a lot because I spent a lot of time with financial advisors, which, as you know, is a key segment of our client base today. phenomenon, it’s a global phenomenon and we want to be able to service our clients in all regions of the world. Is that the clients you’re aiming for?

Clients 154

Clients Investing Investments Management 154

Tucker Advisors

AUGUST 9, 2021

The word “fiduciary” refers to any advisors who must legally prioritize their clients’ interests above of their own. When advisors are not fiduciaries, they follow what is called the “suitability” requirement, which is basically an ethical call to follow the same prioritization of interests. The client? We don’t know that yet.

Financial Advisor 52

Financial Advisor License Clients Insurance 52

The Big Picture

DECEMBER 14, 2022

MCCARTHY: I’d back up actually a little bit further in thinking about how did I get there, because I don’t think it was very obvious actually that I would come out of Yale with an ethics, politics and economics degree — RITHOLTZ: Perfect really, right? MCCARTHY: — and end up in M&A on Wall Street. RITHOLTZ: Right.

Assets 154

Assets Investing Investments Portfolio 154

Sara Grillo

SEPTEMBER 26, 2022

JR: The advisors were as much the victims as their clients were, and the brokerage firm would say they were all inappropriate behavior, so they’re all disclosures. Option rate securities were… 0:14:54.9 So it’s very difficult to do that. It is kind of a case by case thing. Salaske: Right, now.

CFP 59

CFP Financial Advisor Financial Planner Ethics 59

Sara Grillo

SEPTEMBER 12, 2022

Get ready for a ride as we examine it from all angles: regulatory, ethically, intellectually, etc. Salaske says that having the CFP designation was never a requirement in anything he did to advise clients. Wright retorts back that restrictions don’t necessarily mean higher ethical standards.

CFP 80

CFP Financial Planner Ethics Financial Planning 80

The Big Picture

FEBRUARY 28, 2023

I found David Layton, CEO of the firm, to be very thoughtful and very much different in how he thinks about risk-reward liquidity, various market sectors, processes, just the whole gestalt of we are a steward of capital with our clients, and we are aligned with those clients. We have most of our clients from Europe.

Clients 143

Clients Investing Investments Assets 143