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 Removes Unwarranted Form U5 Termination Disclosure
An investment adviser representative in Arizona hired AdvisorLaw to seek FINRA expungement of an unwarranted Form U5 termination disclosure that had been marring his records for nearly five years. The...
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Safely Transitioning From Broker Protocol and Non-Protocol Firms
It’s common knowledge in the financial services industry that many broker-dealer firms will take extreme measures to dissuade their registered representatives from departing a firm with their clients, and the...
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2021 Year-In-Review & Preview Of FINRA Priorities For 2022
2021 was quite the year in the securities industry — another year of incredibly-volatile markets, as COVID-19 continued to interrupt daily life, and another year of FINRA attempting to prove...
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South Carolina Advisor Removes 3 Disputes From His Records
A 30-year veteran of the financial services industry sought FINRA expungement of three customer disputes, two of which we settled, dating back to 2003. The first customer dispute arose after...
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What’s the best way to resolve my tax liens with the IRS?
The optics of a tax lien are never good for financial advisors and wealth managers. That’s why it’s always in their best interest to resolve any tax liens with the...
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FINRA Disputes & U5 Terminations FINRA Expungement & Arbitration FINRA, SEC, State & CFP Board Enforcement
FINRA CEO Says Changes To The Expungement Process Are Forthcoming
Although advisors currently have the option to seek expungement of disclosures from their CRD, BrokerCheck, IARD, or IAPD records, the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory...
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Form ADV Filing: Is Your RIA Compliant?
Whether you’re starting your own registered investment adviser, or RIA, firm, or your RIA is in need of a Form ADV update, it’s important to ensure that the processes required...
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Ohio Advisor Restores His Spotless Record After Dispute
An advisor in Ohio had a perfect public record, aside from a sole customer dispute. The claim had been denied by the Ohio Department of Insurance, yet it plagued the...
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Advisor Expunges Three Heavily-Settled Customer Disputes
A California-based, veteran advisor of more than 25 years had incurred three customer disputes in October of 1998. The claims alleged negligence and failure to supervise in relation to fraud...
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How should I respond to a FINRA or SEC enforcement inquiry letter?
If you ever find yourself under FINRA or SEC investigation, or in receipt of a FINRA Rule 8210 request, there are a number of important steps to follow to avoid...
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How To Start An RIA
Thinking of starting your own Registered Investment Advisor (RIA) firm? Learn the essential steps, from identifying your niche and clients to understanding fee structures and navigating RIA compliance. We'll guide...
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Tips For Successful Advisory Practice Acquisitions
Advisors who are relatively new to the industry and want to grow their business quickly may seek to acquire another practice. Larger firms or practices looking to grow in size...
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Financial Advisor Granted Expungement Of Sole Disclosure
A Georgia-based financial advisor spent more than 20 of his 23-plus years in the industry with an erroneous customer dispute on his records. Seeking to remove the disclosure at last,...
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FINRA Investigations and Rule 8210 Requests
When a customer or broker-dealer firm alleges that an associated person has violated federal securities laws or FINRA, NYSE, or other regulator rules, FINRA will typically conduct an investigation.
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Las Vegas Advisor Granted Expungement Of 2 Settled Disputes
Contact Us Today! *If you're under FINRA or SEC investigation, or if you have a meritless disclosure on your BrokerCheck, CRD, or IAPD record, call us right now at (303)...
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Year-End RIA Compliance Checklist
With the end of 2021 quickly approaching, it’s time for RIAs and Chief Compliance Officers (“CCOs”) to start conducting their annual compliance reviews. These reviews are mandated under Rule 106...
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Advisor Wins Expungement Of Duplicate Termination Disclosures
An advisor based in Arizona sought expungement of a FINRA Form U5 termination disclosure alleging that he had been permitted to resign after an investigation by the firm concluded that...
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Florida Advisor Removes Settled Misrepresentation Dispute
Three months after departing the firm to join a new one, this advisor was hit with a customer dispute alleging misrepresentation of a variable annuity. That's when he came to...
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How to Value a Financial Advisory Practice: A Guide for Buyers and Sellers
Understand the complexities of valuing a financial advisor, investment advisor, or wealth management practice in a fluctuating market. Learn about revenue, profits, transition factors, and common valuation methods like multiples...
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Dual-Registrants FINRA | Brokers FINRA Disputes & U5 Terminations FINRA Expungement & Arbitration FINRA, SEC, State & CFP Board Enforcement
FINRA Outside Business Activities: The Ultimate Guide to Avoiding Sanctions
All too often, advisors who hire AdvisorLaw to help them seek expungement of termination disclosures have Form U5 allegations relating to outside business activities (OBAs) and their disclosure, or alleged...
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