Nerd's Eye View

FEBRUARY 2, 2024

Also in industry news this week: A recent study from advisor digital marketing firm Snappy Kraken suggests firms that invest in Search Engine Optimization (SEO), have a regular cadence of emails to their subscriber list, and include video content in these messages tend to get greater returns from their marketing efforts CFP Board has created a guide (..)

Financial Planner 207

Financial Planner Compliance CFP Clients 207

Nerd's Eye View

JUNE 23, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week’s edition kicks off with the news that amid a flurry of SEC-proposed rules for investment advisers, the Investment Adviser Association this week called on the regulator to assess whether the compliance burden these regulations would put on advisers outweighs (..)

Financial Planner 220

Financial Planner Recruitment Compliance Financial Advisor 220

Nerd's Eye View

MAY 5, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week’s edition kicks off with the news that the House Financial Services Committee unanimously passed a bill that would direct the SEC to conduct a study and carry out a rulemaking on the definition of a "small entity" to reduce the compliance burden on small businesses, (..)

Financial Planner 191

Financial Planner Financial Services Electronics Compliance 191

Nerd's Eye View

JANUARY 26, 2024

Also in industry news this week: A House committee has advanced a bill that would extend several expired business-related tax measures from the Tax Cuts and Jobs Act and would increase the value of the Child Tax Credit The SEC released its examination priorities for 2024, which include a focus on advisers' adherence to their duty of care and duty of (..)

Financial Planner 189

Financial Planner Retirement Planning Financial Advisor Retirement 189

Nerd's Eye View

MARCH 6, 2023

Which at best will still be a substantial uphill battle, given the hassle of switching from one financial planning platform to another (and the fact that most advisors are generally satisfied with their current financial planning software in the first place!).

Compliance 195

Compliance Financial Planning Planning Financial Advisor 195

Nerd's Eye View

AUGUST 4, 2023

Also in industry news this week: RIA M&A activity fell in the second quarter compared to the same period last year amid rising financing costs, though continued private equity interest in the RIA space could help buoy deal volume going forward According to a recent survey, RIAs appear to be taking a defensive approach toward the SEC's new marketing (..)

Financial Planner 197

Financial Planner Retirement Planning Compliance Retirement 197

Nerd's Eye View

DECEMBER 27, 2023

The recent rise of Artificial Intelligence (AI) capabilities embedded within advisor technology throws a wrinkle into how advisors adhere to their fiduciary and compliance obligations when using technology.

Financial Advice 190

Financial Advice Communication Compliance Clients 190

Nerd's Eye View

SEPTEMBER 23, 2022

While the new rule allows financial advisors to proactively use testimonials (from clients), endorsements (from non-clients), and highlight their own ratings on various third-party websites, the SEC’s warning suggests that advisory firms will want to take care to abide by the compliance requirements linked to the new rule.

Financial Planner 198

Financial Planner Compensation Planning Compliance Insurance 198

Nerd's Eye View

FEBRUARY 16, 2024

Read More.

Financial Planner 212

Financial Planner Fee Only Compliance CFP 212

Nerd's Eye View

FEBRUARY 17, 2023

Further, an investment adviser who can make trades on behalf of a client would be deemed to have custody of the client’s assets, which could substantively shift a very sizable portion of the wealth management RIA community under the custody rule, though it remains to be seen whether or what exact custody rule compliance requirements would be (..)

Financial Planner 189

Financial Planner Fiduciary Duty Retirement Planning Compliance 189

Nerd's Eye View

JANUARY 1, 2024

This month's edition kicks off with the news that held-away asset management platform Pontera has raised $60 million in venture capital funding as advisors increasingly seek to directly manage clients' 401(k) and other outside assets – although an ongoing investigation by Washington state regulators over whether advisors' use of Pontera violates (..)

Retirement Planning 203

Retirement Planning Compliance Startup Clients 203

Nerd's Eye View

NOVEMBER 11, 2022

While some are looking to gain a first-mover advantage by leveraging client testimonials and third-party endorsements (and adjusting their compliance programs before doing so), others are taking a wait-and-see approach. Also in industry news this week: Why “SECURE 2.0”

Financial Planner 173

Financial Planner Retirement Planning Compliance Clients 173

Nerd's Eye View

JANUARY 13, 2023

FINRA has released its enforcement priorities for 2023, including a continued focus on compliance with Regulation Best Interest as well as several new priority topics, such as manipulative trading, fixed-income pricing, and trading in fractional shares. How stocks and bonds tend to perform following their biggest down years.

Financial Planner 166

Financial Planner Retirement Planning Compliance Retirement 166

Mish Talk

NOVEMBER 13, 2022

Our Customer Service Team will follow up and strive to resolve the requests manually one by one in close coordination with our security, operations and compliance team to ensure a smooth process. And by the way, due to the third party hack, consider the possibility someone has access your userID, email address, phone number etc.

Compliance 263

Compliance Risk Management Accounting Media 263

Nerd's Eye View

JUNE 5, 2023

This month's edition kicks off with the news that Riskalyze has completed its previously-announced rebranding, and will now be known as “Nitrogen”, a ”growth platform” for advisory firms – which represents less of a shift in the platform’s core function (given that Riskalyze’s risk tolerance tool was always (..)

Risk Tolerance 181

Risk Tolerance Retirement License Retirement Planning 181

Risk Management Guru

NOVEMBER 20, 2023

Here are 10 key highlights regarding risk management in financial services during 2023: Increased focus on operational risk : Operational risk has become a major focus of attention for financial services firms, due to the increasing number of cyberattacks and other operational failures.

Risk Management 105

Risk Management Financial Services Management Compliance 105

Nerd's Eye View

NOVEMBER 7, 2022

From there, the latest highlights also feature a number of other interesting advisor technology announcements, including: Orion’s Redtail launches “Redtail Campaigns” in partnership with Snappy Kraken to facilitate CRM-based drip marketing emails.

Risk Tolerance 165

Risk Tolerance Compliance Startup Clients 165

Carson Wealth

APRIL 29, 2024

While the GDP number for the first quarter disappointed, strength was evident beneath the surface. The weakest numbers were in areas that are volatile and tend to reverse, such as inventories and net exports. The core numbers were solid again and didn’t change our basic outlook for the rest of the year. in the first quarter.

Marketing 97

Marketing Marketing Economy Government 97

Truemind Capital

MARCH 6, 2024

RIAs are also subjected to higher qualifications, minimum relevant experience, repeated certifications, infrastructure requirements, accountability regarding the suitability of advice, and adherence to other Sebi compliances. This results in higher transparency, reliability, answerability, and better value addition.

Commission 52

Commission Investing Investments Compliance 52

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 198

Estate Planning Wealth Management Financial Advisor Planning 198

Nerd's Eye View

JUNE 6, 2023

We also talk about how Adam almost didn’t land his first job with Equitable because he didn’t do well on his insurance exams and only lucked into the job because a newly-hired manager happened to need one more insurance producer to meet his own numbers, how, in the early stages of his career, Adam wanted to work with business owners and (..)

Assets 209

Assets Financial Advisor Financial Planning Insurance 209

MarketWatch

MAY 22, 2023

The company has modified the structure of its interest in that company in order to ensure continued compliance with Nasdaq listing rules, it said in a statement. The changes mean it will no longer require the consolidation of Canopy USA’s numbers into its results. cannabis industry through a U.S.-domiciled

Compliance 75

Compliance Commission Marketing Marketing 75

Harness Wealth

NOVEMBER 27, 2023

Core components of CAS involve bookkeeping, payroll, tax planning & compliance services customized for each client. Client Accounting Services are a comprehensive set of offerings provided by accounting firms to assist both individual and business clients in both compliance matters and day-to-day financial management.

Accounting 59

Accounting Clients Compliance Taxes 59

Trade Brains

NOVEMBER 21, 2023

crores on June 22 Reason for imposing the penalty is for non-compliance with certain directions issued by RBI on ‘Loans and Advances – Statutory and Other Restrictions’ and the Advisory on ‘Man in the Middle (MiTM) Attacks in ATMs’ (the Advisory). Canara Bank Penalty imposed: ₹2.92 Bank of Maharashtra Penalty imposed: ₹1.45

Government 59

Government Banking Compliance Accounting 59

XY Planning Network

JUNE 13, 2022

There are a number of different options when it comes to choosing an outside manager as an advisor and we'll discuss several options. Advisors ultimately choose an outside manager based on their specialized knowledge, research, operational and trading expertise, and reasonableness of fees.

Management 52

Management Investing Investments Compliance 52

XY Planning Network

FEBRUARY 20, 2023

There are customers and employees, marketing and keeping an eye on industry trends, cash flow and compliance. With these come a number of different dates to keep track of, which as a small business owner or a solopreneur can get overwhelming, fast. 8 MIN READ There are a million things to keep track of when running a business.

Taxes 68

Taxes Financial Advisor Compliance Numbers 68

MarketWatch

JANUARY 31, 2023

higher toward a 10-month high on heavy volume in afternoon trading, after the Florida-based racing game developer and esports ecosystem provider said it regained full compliance with Nasdaq listing requirement. The number of shares outstanding had been significantly reduced when it effected a 1-for-10 reverse stock split on Nov.

Compliance 40

Compliance Numbers Marketing Marketing 40

Good Financial Cents

DECEMBER 14, 2022

Bureau of Labor Statistics, employment numbers for Financial Managers are expected to rise by 17% over the next decade , faster than the average for all occupations. Employment numbers for Financial Managers are expected to rise by 17% over the next decade, faster than the average for all occupations. Chief Compliance Officer.

Compliance 87

Compliance Budgeting Accounting Insurance 87

Diamond Consultants

AUGUST 9, 2022

That is, there are service providers that offer state-of-the-art platforms and support, an ever-growing number of consultants to serve as guides at start-up and longer-term, and a growing pool of capital resources available to advisors seeking working capital, liquidity, or to offset unvested deferred comp that may be left behind.

Compliance 59

Compliance Recruitment Clients Tax Planning 59

Carson Wealth

JANUARY 8, 2024

Goldilocks Job Numbers as Economy Powers Ahead The December payroll report was strong on the surface, with 216,000 jobs created last month and the unemployment rate firm at 3.7%. In fact, the average annual number of jobs gained from 2010-2019 was 2.2 Another 20% gain is possible, however, as it has happened before four times.

Marketing 96

Marketing Marketing Economy Numbers 96

BlueMind

MARCH 10, 2022

Related Read: Reducing Compliance Risk with Technology. E-Docs Ensures Compliance and Increased Security Following regulatory compliance is an extremely important matter for you as an advisor. Any suspicious records or compliance concerns could mean fines, license suspensions, and even jail time.

Compliance 52

Compliance Electronics Financial Advisor Clients 52

Nerd's Eye View

NOVEMBER 1, 2022

In this episode, we talk in-depth about why Mindy attributes the success of her practice’s structure to the realization that she does not enjoy selling products or investment management (or dealing with compliance that goes with them) and could more efficiently scale with an advice-only approach to one-year financial planning engagements that (..)

Fee Only 130

Fee Only Clients Financial Planning Financial Advisor 130

Diamond Consultants

MAY 9, 2023

Typically, advisors will evaluate their payout as a synthesized, bottom-line number, i.e., “How much of the revenue I generate is going into my pocket each month?” Compliance oversight – This is every advisor’s favorite punching bag. But that’s not to say that they don’t care about payout. And rightfully so.

Compliance 52

Compliance Wealth Management Clients Estate Planning 52

Inside Information

APRIL 1, 2024

The reps could get their transactions handled essentially for free elsewhere (we have a number of independent custodians, after all), but to sell annuities and other products, they are required to work through a FINRA-affiliated BD. The BD doesn’t control prices charged to clients except to the extent that it facilitates commissions.

Compliance 40

Compliance Commission Sales Financial Services 40

Carson Wealth

MARCH 4, 2024

The numbers suggest the slight near-term lift in inflation is a bump, not a new surge higher. As a percentage of the workforce, the number of workers quitting their jobs is now at 2.4%, well below where it was a year ago and even lower than it was pre-pandemic. The economy continues to appear in good shape. s consumer-driven economy.

Marketing 90

Marketing Marketing Economy Compliance 90

Carson Wealth

DECEMBER 11, 2023

Yes, the number of jobs per month is slowing, but we expect continued growth throughout next year, which should support the consumer and suggests better-than-expected economic growth. Compliance Case # 02018534_121123_C The post Market Commentary: Things You Don’t See in a Recession appeared first on Carson Wealth. million this year.

Marketing 143

Marketing Marketing Economy Compliance 143

Steve Feinberg

SEPTEMBER 7, 2023

Not only is it required by law, but proper tax compliance ensures that your business avoids penalties and maximizes tax returns and deductions. In summary, maintaining tax compliance and proper bookkeeping is not only necessary, but it can also positively impact your business’s bottom line.

Compliance 52

Compliance Taxes Accounting Budgeting 52