When Should You Sell Your Investment Advisory Firm?
Mergers & Acquisitions Succession Planning

When Should You Sell Your Investment Advisory Firm?

Would you put a for sale sign in front of your house prior to having an idea of what you could get for it, without making improvements to enhance value...
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Compliance Remains Biggest Concern for Registered Investment Advisors
FINRA, SEC, State & CFP Board Enforcement RIA Compliance

Compliance Remains Biggest Concern for Registered Investment Advisors

You've probably noticed that the Registered Investment Advisor (RIA) channel is experiencing record-breaking growth. Like you, more and more advisors are realizing that RIAs offer the best of both worlds: happier...
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How Will FINRA Rule 4111 Affect Financial Advisors?
FINRA Disputes & U5 Terminations FINRA Expungement & Arbitration FINRA, SEC, State & CFP Board Enforcement

How Will FINRA Rule 4111 Affect Financial Advisors?

Have you ever heard of Rule 4111? Unless you’re an officer at your firm, it’s unlikely that you have. As AdvisorLaw exclusively represents individual financial advisors, we typically have little...
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CFP Board’s Reporting Standards Impact Advisors with Federal Tax Lien Notices
FINRA Expungement & Arbitration FINRA, SEC, State & CFP Board Enforcement IRS Tax Liens & Disclosures

CFP Board’s Reporting Standards Impact Advisors with Federal Tax Lien Notices

CFP® professionals have long been subject to a litany of requirements. The new reporting standard, set forth in the CFP Board’s Code of Ethics and Standards of Conduct, expands the...
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Advisors Must File Annual Amendments to Form ADV by March 31
RIA Compliance

Advisors Must File Annual Amendments to Form ADV by March 31

It’s that time of year again! If your RIA’s fiscal year ended on Dec 31st, 2020, your Form ADV and annual filings are due March 31st, 2021. If little has...
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As Market Grows, Retiring Advisors Fail To Plan Successions
Mergers & Acquisitions RIA Compliance

As Market Grows, Retiring Advisors Fail To Plan Successions

By 2030, Gen X and millennials are expected to inherit more than $23 trillion from prior generations. By 2045, a whopping $68 trillion will have been passed down. As the...
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FINRA Enforcement: Intimidation Tactics Against Advisors
FINRA, SEC, State & CFP Board Enforcement RIA Compliance

FINRA Enforcement: Intimidation Tactics Against Advisors

Imagine you’re driving down the highway, when you’re suddenly pulled over and accused of speeding. Do you fight the ticket or pay it? We all know it’s the police's sworn...
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SBA’s Additional Coronavirus Relief Creates Opportunities for Advisors
Lending Opportunities Starting your own RIA

SBA’s Additional Coronavirus Relief Creates Opportunities for Advisors

Between now and September 30th, all qualifying SBA (7a) loans will: - Be paid directly by the SBA, 3 months of principal and interest, up to $9k per month. - Have...
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Financial Advisors 2021 Marketing Landscape
FINRA Expungement & Arbitration FINRA, SEC, State & CFP Board Enforcement RIA Compliance Starting your own RIA

Financial Advisors 2021 Marketing Landscape

Change is inevitable, especially in the world of marketing. Time-tested marketing approaches like networking, cold calling, seminars, and door knocking seem to still be working, but only to a certain...
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RIAs Need More Than a Compliance Specialist
RIA Compliance

RIAs Need More Than a Compliance Specialist

Now is the time to rethink your RIA firm’s compliance and regulatory support. As we regain our footing in 2021, are you confident that your firm’s filings are in order? ...
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Did you know that IRS liens don’t have to be paid off to qualify for removal from your BrokerCheck and CRD record?
FINRA Expungement & Arbitration FINRA, SEC, State & CFP Board Enforcement IRS Tax Liens & Disclosures RIA Compliance

Did you know that IRS liens don’t have to be paid off to qualify for removal from your BrokerCheck and CRD record?

As we begin the new year and officially close the book on 2020, it’s more important than ever to take control of your online presence and protect your good name....
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When setting up a new RIA firm, should advisors use template services or professional compliance teams?
RIA Compliance Starting your own RIA

When setting up a new RIA firm, should advisors use template services or professional compliance teams?

Launching your own registered investment adviser (RIA) firm is an exciting, but complicated, new chapter in your career as a financial professional. From drafting the ADV to communicating with regulators,...
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AdvisorLaw’s new “Rideshare Program” helps financial advisors expunge customer disputes and U5 termination disclosures
FINRA Expungement & Arbitration FINRA, SEC, State & CFP Board Enforcement

AdvisorLaw’s new “Rideshare Program” helps financial advisors expunge customer disputes and U5 termination disclosures

AdvisorLaw is now offering a "Rideshare Program'' for financial advisors seeking to expunge customer dispute or U5 termination disclosures for the entire month of December. With over 40 million visitors to BrokerCheck® every...
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Succession: Who will inherit your book of business?
Lending Opportunities Mergers & Acquisitions Succession Planning

Succession: Who will inherit your book of business?

Advisory practices around the U.S. have been faced with a new priority focus: succession planning. With many of the youngest baby boomers approaching their 60s, it’s alarming to learn that...
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Expungement Week 2020
FINRA Expungement & Arbitration

Expungement Week 2020

Over the last five years, Doc Kennedy and AdvisorLaw have been dubbed the "800-pound gorilla" when it comes to FINRA arbitration cases. That reputation has been earned by absolutely dominating the FINRA...
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Advisors pursuing customer dispute expungements before September will pay a fraction of the new cost.
FINRA Expungement & Arbitration

Advisors pursuing customer dispute expungements before September will pay a fraction of the new cost.

As published in the Federal Register, on June 1, 2020, the SEC approved FINRA’s proposed Rule changes to the customer dispute expungement process. Release No. 34—88945; File No. SR—FINRA—2020—005.  In...
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Is A Social Media Post Worth Your Job?
FINRA Expungement & Arbitration FINRA, SEC, State & CFP Board Enforcement RIA Compliance

Is A Social Media Post Worth Your Job?

Lately, AdvisorLaw has been hearing from more and more financial advisors who have imperiled their careers with social media posts and comments. We like to say that “it’s a free...
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Will old investor complaints have to be disclosed after the SEC’s Reg BI takes effect?
FINRA Expungement & Arbitration FINRA, SEC, State & CFP Board Enforcement RIA Compliance

Will old investor complaints have to be disclosed after the SEC’s Reg BI takes effect?

Will investment advisors with customer disputes over ten years old have to disclose them on their Form ADV under the new SEC Regulation Best Interest Rule that’s taking effect after...
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Working from home? Stay socially distant, virtually connected.
FINRA, SEC, State & CFP Board Enforcement RIA Compliance

Working from home? Stay socially distant, virtually connected.

When working remotely, there are some things to keep in mind to remain compliant and productive. First, look up your firm’s Business Continuity Plan.Be sure you’re following the written policy...
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FINRA Is Jacking Up The Cost Of Expungement For Brokers
FINRA Expungement & Arbitration

FINRA Is Jacking Up The Cost Of Expungement For Brokers

Proposed rule changes in front of the SEC exponentially increase the minimum fees for FINRA disclosure expungement from $50 to $1,575. So, a typical expungement case would ultimately jump from...
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