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.
North Carolina Advisor Removes 20-Year-Old Settled Dispute
A North Carolina-based advisor with over three decades of experience in the financial services industry had a 20-year-old customer dispute on his public record. The advisor hired AdvisorLaw to seek...
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Veteran Advisor Expunges Settled Customer Dispute Disclosure
A New York advisor with nearly four decades in the financial services industry had a sole customer dispute on his public BrokerCheck record that had been settled for $350,000. He...
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Reviewing FINRA’s Annual Report Might Just Make You Want To Start An RIA
Contact Us Today! FINRA just released its annual report. Every year at AdvisorLaw, we have a hard time reconciling the sheer amount of money floating around this self-regulatory organization (SRO)...
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Advisor Wins Expungement Of Dispute With $400,000 Settlement
In 2019, an advisor in Massachusetts with 30 years of dedication to the industry was hit with a customer dispute claiming misrepresentation of fees. The firm settled the dispute for...
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Private Equity Rules Set To Change
A proposed rule that would strengthen the disclosure requirements and scrutiny of private fund advisors is being fought by investment advisors and RIA firms. The extended comment period has officially...
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FINRA Enforcement Trends & Updates
FINRA-member firms and brokers across the U.S. have been under immense pressure over the last month since FINRA began its firm evaluations under the new FINRA Rule 4111. Broker-dealers are...
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Husband And Wife Achieve Expungement Of 4 Customer Claims
Two advisors — a husband and wife — each had two customer dispute disclosures on their records, all of which related to the same investment. They came to AdvisorLaw to...
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MedCap-Related Disclosure With A Large Settlement Expunged
One customer dispute sat on this L.A.-based advisor’s public record for 12 years. While he had no other disclosures listed, the claim included a slew of allegations against the advisor...
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How does AdvisorLaw charge for ongoing compliance?
https://www.youtube.com/watch?v=qlrjnQuEw0k Contact Us Today! AdvisorLaw stays ahead of SEC and state regulatory changes so that RIAs can focus on building and growing their business. Custom-tailored to each individual firm, we...
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Financial Consultant Restores Perfect Record With Expungement
A 35-year veteran of the industry had a single disclosure on his otherwise-perfect record. The nearly 17-year-old claim alleged an omission of facts, sought damages of about $8,700 and had...
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What if I was wrongfully terminated by my broker-dealer?
https://www.youtube.com/embed/HgOeQUmAIlk Contact Us Today! FINRA’s Form U5 filing requirement is a one-sided weapon that firms frequently employ in their attempts to obliterate financial advisors’ and wealth managers’ careers. We have...
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Three Key Factors To Consider Before Selling Your RIA
M&A activity is still at an all-time high, inspiring many advisers to sell their registered investment advisor practice or wealth management book of business. RIA merger and acquisition activity had...
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Louisiana Advisor Restores Record By Removing U5 Termination
A Louisiana-based advisor had one disclosure on his record — a Form U5 termination from 2009 alleging that he had “altered” a client’s variable annuity policy form. He hired AdvisorLaw...
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FINRA Expungement & Arbitration FINRA, SEC, State & CFP Board Enforcement IRS Tax Liens & Disclosures
Timely Disclosure Of IRS Tax Liens, Judgments, Bankruptcies
Financial advisors who are devoted to their clients and cautious to avoid any potential customer disputes, complaints, claims, or termination events may be able to maintain CRD and BrokerCheck records...
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FINRA Disputes & U5 Terminations FINRA Expungement & Arbitration FINRA, SEC, State & CFP Board Enforcement
Rule 4111 Forces Firm-Wide Disclosure-Removal Effort
As of June 1st, the new FINRA Rule 4111 is now effective, and the SRO has been hard at work attempting to highlight and hold accountable firms that house an...
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Michigan Advisor Removes Termination Disclosure From Records
An advisor in Michigan who has been in the industry for nearly 25 years had a ten-year-old Form U5 termination disclosure from FINRA with vague allegations pertaining to the advisor...
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What is an on-the-record (OTR) interview, and how should I prepare for it?
https://www.youtube.com/watch?v=DeuXpzDKrcU Contact Us Today! One of the final stages of a FINRA investigation is an on-the-record interview, or "OTR." An OTR is similar to a deposition or interrogation that focuses...
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FINRA Disputes & U5 Terminations FINRA Expungement & Arbitration FINRA, SEC, State & CFP Board Enforcement
Managing The Form U5 When Departing A Firm
After leaving a firm, should you worry about your Form U5? When it comes to leaving a broker-dealer or wirehouse — whether on a voluntary or involuntary basis — every...
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Mock Exams — Integral Tools Keeping RIAs Compliant
The Securities and Exchange Commission (SEC) has significantly intensified its examinations of RIAs in recent years. The Commission performed 2,251 exams on 16% of RIAs in the fiscal year 2021,...
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Sole Customer Dispute Expunged From Phoenix Advisor’s Records
A Phoenix-based advisor with over 15 years in the industry sought to expunge the only customer dispute on his records — a claim of unsuitability regarding a 2011 recommendation that...
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