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Weekend Reading For Financial Planners (March 15–16)

Nerd's Eye View

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.

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When Does A Financial Coach Need To Register As An Investment Adviser? The “ABCS” Test To Determine Status

Nerd's Eye View

While commission-based models remain in use, fee-for-service models (including AUM, hourly, retainer, and subscription) have become increasingly popular. Thus, Advice, Business, Compensation, and Securities (ABCS) are the key elements in this definition.

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Ripple cryptocurrency (XRP) jumps after company to win against SEC for its security status

Trade Brains

Securities and Exchange Commission (SEC) reignites its legal battle against Ripple. Some predict a compromise solution, while others anticipate a definitive ruling that could set a clear precedent for the industry. The cryptocurrency world is once again abuzz as the U.S.

Retail 118
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4-step process to define your audience

Investment Writing

Here’s how Sides approaches this challenge: My systematic method for audience definition is divided into four processes: (1) defining who the readers are; (2) defining what the readers know; (3) defining what the readers need to know; (4) defining what the readers will do with the information. .” I like his philosophy.

Education 104
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How to sniff out a lying grifter in a Form ADV

Sara Grillo

A Form ADV, according to definition by the SEC , is a legal document that anyone who is holding him or herself out as a professional financial advisor in the United States must file with the SEC, whether they are state or Federally registered. Securities and Exchange Commission. Securities and Exchange Commission. Firstmetric.

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Is Active vs. Passive Actually Passé?

ClearMoney

A more nuanced framework takes the spirit of active and passive definitions—betting against market prices vs. embracing them—and examines how it applies to an investment’s underlying philosophy and implementation. However, this stretches the definition of “passive.”

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Are No-Fee Custodians Really Free?

Walkner Condon Financial Advisors

In recent years, many of these custodians have gone away from transaction costs for trading securities per trade and have adopted a “Zero-Commission” or “No-Fee” model. Many custodians do not charge commissions or account level fees and brand this service as a “No-Fee” account. Expense Ratios, Servicing Fees & More.