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 Seeks Expungement of 30-Year-Old Complaint
A financial advisor who had been in the industry for over 37 years sought expungement of a customer complaint. The customer had alleged that the financial advisor placed in an...
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Investment Advisor Seeks Expungement of Form U5 Disclosure
While working at an RIA in the 1990s, an advisor received a Form U5 termination disclosure from FINRA due to a disagreement with his partners. Today, this 30-year veteran investment...
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How to Tackle FINRA’s Rule 8210
Received a confusing FINRA 8210 request? Don't navigate it alone! Learn why relying solely on your broker-dealer isn't the best strategy and discover the importance of independent legal counsel for...
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FINRA Disputes & U5 Terminations FINRA Expungement & Arbitration FINRA, SEC, State & CFP Board Enforcement
Customer Disputes Reporting & Options For Seeking Expungement
When a customer makes a complaint to a FINRA-registered firm or representative, FINRA rules dictate that the complaint be recorded in its Central Registration Depository (CRD) system as a customer...
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25-Year Financial Professional Expunges Settled Dispute
A financial services professional who had been in the business for nearly 25 years had a settled customer dispute on his record that was meritless. Six full years after the...
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FINRA Disputes & U5 Terminations FINRA Expungement & Arbitration FINRA, SEC, State & CFP Board Enforcement
Why you should fight your Form U5 termination
With the current hyper-vigilant compliance culture permeating FINRA member firms, the odds of being terminated and having a blemish on your U5 are ever-increasing. The best move you can make...
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Selling Your Wealth Management Firm: A Strategic Guide to a Maximum-Value Exit
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
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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Texas Advisor Seeks to Expunge 5 Disputes From BrokerCheck
A financial advisor from Texas qualified to make Barron’s Top 100 Financial Advisors list by all metrics, other than the five meritless customer complaints that dotted his record. To make...
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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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Advisor Expunges Form U5 Termination Disclosure From The CRD
A financial advisor out of Texas had excelled at a firm for nearly ten years. Although he’d received many promotions and was the leader in branch sales revenue, the firm...
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Illinois Advisor Expunges 10-Year-Old Customer Complaint
An Illinois financial advisor who has been in the business since 1995 finally expunged a ten-year-old FINRA record of a customer complaint related to the global settlement of Medical Capital...
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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
Contact Us Today! 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...
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Advisors Must File Annual Amendments to Form ADV by March 31
Contact Us Today! 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....
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Financial Advisor Demands Expungement of Customer Dispute
A financial advisor out of Texas demanded the expungement of a customer dispute that was showing on his CRD and BrokerCheck records. The customer had alleged misrepresentation of a REIT...
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Advisor Requests Removal of Single Denied Customer Dispute Disclosure
A financial advisor out of New York who is growing his practice requests the removal of a single, denied customer dispute disclosure pertaining to the illiquidity in the auction rate...
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As Market Grows, Retiring Advisors Fail To Plan Successions
Contact Us Today! 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...
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Young Financial Advisor Seeks Expungement of U5 Disclosure
A young financial and investment advisor from Arizona sought expungement of a Form U5 termination disclosure from his Central Registration Depository (CRD) record and online BrokerCheck profile.
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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 for it? We all know it’s the police's...
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SBA’s Additional Coronavirus Relief Creates Opportunities for Advisors
A one million dollar loan will provide approximately $55k in savings. With those extra funds, advisors could acquire a practice, consolidate debt, create working capital, pay for construction costs, or purchase commercial...
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