Despite the early threat of robo-advice disrupting the wealth industry, experts now align on the notion that technology will not displace the wealth advisor. The emergence of a hybrid model combining leading-edge digital capabilities with human empathy, expertise and advice is now considered to be the winning model for wealth leadership. The ideal end state […]

InvestorCOM’s webinars provide an excellent forum in which to learn about the latest regulatory requirements from industry experts. Our November 1 webinar, “DOL’s Fiduciary and Retrospective Review Expectations”, featured industry experts from DFPG Investments, Katten, Faegre Drinker and Oyster Consulting. Unfortunately, we ran out of time before the speakers could address every question from the […]

Since coming into force on June 30, 2020, broker-dealers have struggled to define and demonstrate how Reg BI’s Care Obligation assessment of reasonably available alternatives (RAA) is improving client outcomes. With a couple of years of data available, InvestorCOM conducted an analysis to understand if best interest can be measured, and more importantly if it […]

InvestorCOM recently chatted with David Porteous from Faegre Drinker, Mitchel C. Pahl from Katten, Craig Watanabe from DFPG Investments, and Ed Wegener from Oyster Consulting LLC to discuss the PTE 2020-02 retrospective review process, how to meet the retrospective review requirements, and how the DOL’s requirements correlate with the SEC’s expectations.  —  Parham Nasseri [PN]: […]