Reg BI Basic Requirements Firms Failed To Meet
Failing to Meet Basic Requirements The Importance of Disclosures Preparing for Increased Enforcement It should not have come as a big surprise as there were warnings not too long ago that the Securities and Exchange Commission (SEC) was going to start cracking down on the Regulation Best Interest (Reg BI) after being relatively quiet on […]
Why Now Is The Time To Go Independent
Controlling Your Own Destiny Endless Creative Possibilities Earning the Bigger Bucks Making the move to independence might feel like a huge undertaking, and often times, it creates enough anxiety for advisors to put the idea on the backburner or bury it in their minds. However, the reality of the situation is that for the past […]
The Power Of Strong Culture
Culture & Mutual Success Vision Alignment Driving Force of a Move Culture can be a powerful force. Just look at the Cincinnati Bengals who defied all the predictions and earned a spot in the championship. At the beginning of the season, the odds of them making it very far were not in their favor. They […]
Signs Its Time For Change
Not Settling on Complacency Staying Ahead of the Tech Curve Finding Time for Your Clients There comes a time in almost every career when an advisor outgrows their current situation and knows it’s time to move on. However, for many, fear of the unknown prevents them from moving forward. There’s no denying that making a […]
Setting Yourself Up For A Successful Transition
Transitions Continue to Rise Identifying Your Ideal Culture The Dealmakers & Breakers The pandemic has been both a whirlwind and an eye-opener for most. As advisors found themselves working from their own homes, many came to realize that their businesses’ current home is no longer where they want to be. Despite the drastic change in […]
Getting The Most For Your Business When Selling
Prepping Your Practice for the Big Sale Getting Your House in Order The Power of a Practice Valuation After coming off another record-breaking year in 2020 for RIA mergers and acquisitions, 2021 proved to be another strong year in M&A activity — marking the eighth consecutive record-breaking year. In fact, according to a recent report […]
Avoid These 3 Big Transitioning Missteps
Understanding & Looking Beyond the Offer Keeping It Under Wraps – Mums the Word The Critical Role of the Broker Protocol Making a move to a new firm can be the best way to grow your business and keep your clients happy. It is an exciting time as you pursue finding a new and better […]
Reg BI Enforcements Are Looming. Is Your BD Ready?
Heightened Enforcement of Regulation Best Interest Where Your BD Stands on Policies & Procedures SEC’s Low Hanging Fruit and Beyond It’s time to start preparing as the Securities and Exchange Commission (SEC) is looking to ramp up the enforcement of Regulation Best Interest (Reg BI) after being quiet about it since the retail investment advice […]
Are Team Based Practices In Your Future?
The Power of Team Practices Bringing Higher Value to Clients Succession Within a Team Approach In the ever-changing financial industry landscape, broker-dealers are constantly finding unique ways to attract new advisors and stay competitive. And, that’s good news for advisors that are looking for a new and better home for their business. A big trend […]