We don’t expect you to keep your finger on the pulse of the advisor-defense industry. So let us quickly bring you up to speed on the most crucial element that advisors seek when it comes to FINRA expungement of customer disputes and U5 termination disclosures–RESULTS.
What if Compliance Accuses You of a Firm Policy Violation?
On Wednesday, while on vacation, an advisor got a call from his broker-dealer’s compliance department. It was from a young woman who was fairly new to the compliance team. She accused him of altering client-signed documents and cutting and pasting a client signature. In essence, the financial advisor was being accused of fraud.
Using Your BDA Dollars to Help Solidify Your Brand
Many financial professionals have pre-tax dollars provided by their broker-dealer to help them market and advertise their business. Unfortunately, with the ubiquity of FINRA’s BrokerCheck and Google, any monies spent on advertising or building referrals can work against an advisor that has a negative Customer Dispute or Employment Separation After Allegation disclosures on their record. This year, resolve to use those pre-tax dollars on …