It’s one of those scenarios made for film or television: there you are, sitting in your office, minding your own business. All of your firm’s personnel have submitted their quarterly attestation certifications on time and you just completed some procedural … Read More
Advisers, it’s time to prepare! As of September 4, 2024, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has adopted a rule that will deem certain investment advisers, including ERAs, as “financial institutions” and require implementation of … Read More
If you’re intrigued by how the biggest players in finance reveal their stock moves, you’ll want to pay attention to Form 13F. This quarterly filing, mandated by the Securities and Exchange Act of 1934 (“1934 Act”), Section 13(f), requires institutional … Read More
We know that financial advisers are knowledgeable about best practices surrounding senior investors, but did you know that best practices also include your ability to fully grasp and appreciate the natural aging process when engaging with older clients? Beyond the … Read More
In this month’s Risk Management Update, we’re highlighting recent insights and observations in the world of cybercrime. While there is nothing new about most of these activities, cybercriminals are continually adapting their methods to stay one step ahead of financial … Read More
The U.S. Securities and Exchange Commission (“SEC”) has been very busy over the last couple of years issuing new regulations that apply to investment advisers. For several of these, it is apparent in the name that it applies to investment … Read More
In the ever-evolving landscape of compliance, investment advisory and broker-dealer professionals are increasingly turning to technology and third-party vendors to fulfill expanding regulatory requirements. Of those polled by Thomson Reuters for their 2023 “Cost of Compliance” report, 38% of compliance … Read More
As the annual ADV filing deadline approaches, advisors must prioritize updating their Form ADV to ensure compliance with regulatory standards and uphold the principles of loyalty and care towards clients. In accordance with federal and state securities regulations, both SEC … Read More
In the rapidly evolving landscape of financial services, off-channel communications present a significant compliance challenge for investment advisers. With the rise of digital platforms, advisers can engage with clients through various channels, such as email, social media, and messaging apps … Read More
Under the Compliance Rule (Rule 206(4)-7) of the Investment Advisers Act of 1940, Investment Advisers (RIAs) registered with the Securities and Exchange Commission (SEC) are mandated to conduct an annual evaluation of their policies and procedures (P&Ps) to assess their … Read More