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.
Denver Advisor Clears Records Of Termination Disclosure
A previously-registered broker and current investment advisor in Denver had been in the industry since 2012. She had a perfect BrokerCheck record, aside from a 2017 Form U5 termination disclosure...
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The Importance Of Form ADV Amendments & What RIAs Need To Know
{{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\nAs a financial advisor, it’s essential that you understand your obligations when it comes to filing Form ADV with the Securities and Exchange Commission (SEC) or...
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70% Of Financial Advisory Firms Considered An Acquisition This Year
{{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\nA strategic acquisition can be a powerful way for a financial advisor to grow their business, but finding the right partner is critical. In the evolving...
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AdvisorLaw Partners with Financial Professionals Coalition
AdvisorLaw is excited to announce its new partnership with the Financial Professionals Coalition, Ltd. The coalition, founded by former FINRA Small Firm Governor, Stephen Kohn, and leading industry lawyer, Bill...
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Boston Advisor Clears 25-Year-Old Criminal Disclosure
An advisor in Boston with nearly three decades in the industry had a criminal disclosure on his records stemming from an incident that occurred back in 1998. The advisor hired...
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SEC Sweep Letters: What You Should Know
In the last few months, the SEC sent out hundreds of sweep letters to registered investment advisor firms requesting information regarding communication devices, policies and procedures, training, oversight, recordkeeping, and...
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Colorado Advisor’s Perfect Record Restored With Expungement
A Colorado advisor approaching 20 years in the financial services industry had one, pesky customer dispute that had stained his records for more than half of his career. He reached...
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Financial Advisor Transition Mergers & Acquisitions Selling RIA Successful Transitions Succession Planning Valuations
AdvisorLaw Secures Triple The Buyout Offer For Financial 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\nAdvisorLaw is pleased to announce the successful closure of a significant Mergers & Acquisitions (M&A) transaction, demonstrating our capability to maximize value even on complex internal...
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Termination Reasons Filed On FINRA’s Form U5
The Form U5 is a document used to report the termination of financial advisor (FAs) registrations from a firm or in a particular jurisdiction. Although there are different types of...
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Massachusetts Advisor Wins Expungement Of Five Disputes
A 45-plus-year veteran of the financial services industry had five customer disputes that had accumulated on his public BrokerCheck and CRD records between 2013 and 2018. The customers had sought...
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Louisiana Advisor Clears Records With Triple Disclosure Expungement
An advisor out of Louisiana approaching a quarter of a century in the industry had three customer disputes on his records. Two of the disputes had been lodged around 2010,...
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FINRA Disputes & U5 Terminations FINRA Expungement & Arbitration FINRA, SEC, State & CFP Board Enforcement
The SEC’s Recent Ruling For High-Risk Firms
The Securities and Exchange Commission (SEC) recently approved FINRA's new rule that allows it to display an alert on its BrokerCheck tool when a brokerage firm is flagged as "restricted."...
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2022 Was a Big Year for SEC Enforcement
On November 15, 2022, the U.S. Securities and Exchange Commission (SEC) announced the results of its latest round of enforcement actions against investment advisors. Compared to FY 2021: Enforcement actions increased...
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Investment Advisor Wins Expungement Of 1997 U5 Termination
In the late 1990s, about ten years into his career as a financial services professional, this advisor was terminated from the firm he had joined not two years prior. After...
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Understanding The Impact Of New AIMR Analytics Site — AdvisorCheck.com
Last week, AIMR Analytics launched a new website, AdvisorCheck.com, which pulls together data from both BrokerCheck and the Form ADV so that prospective investors and hiring firms can easily weed...
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Completing Your Annual Compliance Review: Dos And Don’ts For RIAs
As March quickly approaches, RIAs are reminded that it’s time to review their annual compliance. Every year, it’s vital for firms to hold an annual meeting with employees to thoroughly...
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Missouri Advisor Wipes 4 Customer Disputes From His Records
The first dispute arose in 2001, from customers who had only become clients of our advisor the year prior. The customers sought life insurance and tax deferral, and they purchased...
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2022 FINRA Enforcement Year-In-Review
Each month, FINRA releases a Disciplinary Action report documenting any enforcement actions brought against its roughly 612,000 registered representatives throughout the year. Compared to FY 2021: Enforcement cases decreased by...
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Another Advisor’s Perfect Record Restored With Expungement
In 2009, a Wisconsin-based advisor with a perfect record was hit with a customer dispute disclosure alleging misrepresentation and seeking damages of about $50K. The firm denied the claim, yet...
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AdvisorLaw Celebrates Transition Of $700,000 Producer To National Firm
{{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\nAdvisorLaw is proud to announce the transition of a financial advisor from Colorado, who has over 30 years of experience in the wirehouse industry. This individual...
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