Navigate the complexities of financial advising with AdvisorLaw's Industry Insights. Our experts provide actionable analysis on critical areas impacting your practice, including the latest FINRA and SEC/state regulations for brokers, RIAs, and IARs, the nuances of dual registration, strategic insights into Mergers & Acquisitions, evolving enforcement trends, practical regulatory compliance strategies, and effective succession planning. Stay informed, compliant, and positioned for growth with AdvisorLaw's perspectives.
Advisor Wipes 7 Disputes From His Record In One Arbitration
A Boca Raton-based advisor with over 35 years in the industry had seven customer disputes related to the same investment on his records. Hoping to clean up his record with...
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How AdvisorLaw Helped a Veteran Advisor Find a Better Path
In the competitive world of financial advising, finding the right firm that aligns with an advisor's goals and values can make a world of difference. AdvisorLaw recently facilitated a successful...
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Three Decade-Old Disclosures Expunged From New York Advisor’s Records
A New York-based advisor approaching his 40th year in the industry had three customer dispute disclosures that were more than a decade old on his public BrokerCheck and CRD records....
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How do I secure lending to acquire a financial practice?
\n\n{{dc:post:title}}\n\n{{dc:post:publish_date format='M. d, Y'}}\n\nRead More...\n\n{{dc:author:display_name}}\n\n{{dc:author:bio}}\n\nAre you a financial advisor looking to acquire a new practice but need financing to get started? The process of securing a loan can seem daunting,...
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Texas Advisor Clears Two 2008 Customer Disputes From Her Records
In 2008, a near-30-year veteran of the industry in Texas with an otherwise-perfect record received two customer dispute disclosures related to the financial crisis at the time. In hopes of...
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A Great Checklist for Buying a Financial Planner Practice
Join us for an exclusive webinar on M&A Due Diligence! Investing in mergers and acquisitions (M&A) can be highly rewarding, but it's essential to tread carefully. That's why AdvisorLaw and...
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Breaking Away: The Myths And Realities Of Leaving A Wirehouse
Financial advisors face a major decision when it comes to their professional future: whether to remain affiliated with their wirehouse or break away and start their own registered investment advisor...
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SEC’s Cybersecurity Rule: What RIAs & Funds Need To Know
The Securities and Exchange Commission (SEC) has decided to reopen the public comment period for the cybersecurity rule it initially proposed last year. This decision came on the same day...
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FINRA Disputes & U5 Terminations FINRA Expungement & Arbitration FINRA, SEC, State & CFP Board Enforcement IRS Tax Liens & Disclosures RIA Compliance
What events will trigger a FINRA inquiry?
The longer your career as a financial advisor, the higher your chances of being hit with the dreaded FINRA inquiry. That’s why it’s important to know exactly what will trigger...
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FINRA’s Rule 4111 & New “Restricted” Label On BrokerCheck
The Financial Industry Regulatory Authority (FINRA) announced that effective June 1st, 2023, firms with a history of misconduct will be labeled with a "restricted" designation on BrokerCheck. This marker will...
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Boca Raton Advisor Expunges Four, 20-Year-Old Disclosures
In the five-year period between 1997 and 2002, this 35-plus-year veteran advisor in Boca Raton, Florida amassed five customer dispute disclosures on his CRD and public BrokerCheck records. After living...
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Massachusetts Advisor Clears Record Of U5 Termination
Just five years into his career as a financial services professional, this advisor was terminated and hit with a disclosure alleging a violation of the firm’s expense policy. Wanting the...
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Newly Registered RIAs Under Increased Scrutiny
Contact Us Today! Over the last five years, the number of registered investment advisors has significantly increased by more than 20%, causing the SEC to take notice. As a result,...
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AdvisorLaw Thwarts U5 Weaponization for Successful Move
Contact Us Today! AdvisorLaw is pleased to announce a time-sensitive transition of a $650K-producing client of ours, to a national firm. After nearly two decades of experience in the industry,...
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Maintaining Compliance: The Ultimate RIA Checklist
As a registered investment advisor (RIA) or RIA firm, it is crucial to prioritize compliance regulations to maintain your license and protect your clients. Staying up to date with the...
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Texas Advisor Removes 2008 Settled Customer Dispute
A 41-year industry veteran had a stellar public record — with the exception of a 2008 customer dispute. The claim had arisen out of auction rate security illiquidity in 2008....
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What Cetera’s Warning Means For Independent Advisors
{{dc:post:title}}\n\n{{dc:post:publish_date format='M. d, Y'}}\n\nRead More...\n\n{{dc:author:display_name}}\n\n{{dc:author:bio}}\n\nFinancial advisors working for independent broker-dealers (IBDs) are typically seen as independent contractors with full autonomy over their businesses. However, recent developments at Cetera Financial Group...
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36-Year Veteran Wins FINRA Dispute Arbitration
This Chicago-based advisor’s career spans more than 35 years, and he had a perfect record, aside from one settled dispute from 2014. He wanted to take his shot at expunging...
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FINRA’s New Expungement Rule: An Authoritarian Overreach
FINRA's new expungement rules are a game-changer for advisors. AdvisorLaw's founder breaks down the devastating impact of these SEC-approved changes, explaining why seeking expungement through FINRA is now a dead...
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Oregon Advisor Wipes Two 2021 Customer Disputes From Records
In 2021, after two decades in the industry, this Oregon advisor was hit with two customer disputes alleging unsuitability. Both had been settled for relatively-nominal amounts, but the advisor wanted...
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