Kovack Financial Network Chooses InvestorCOM to Meet the DOL’s PTE 2020-02 Requirements

Toronto, ON, October 24, 2022 – InvestorCOM, a leading regulatory software provider to the wealth management industry, today announced that Kovack Financial Network (“KFN”), an independent broker-dealer and registered investment advisor, will roll out InvestorCOM RolloverAnalyzer across their firm.

RolloverAnalyzer is an intuitive app for making best interest rollover recommendations and was developed to help firms meet the DOL’s PTE 2020-02 regulatory requirements. KFN’s financial professionals will use the app to assess rollovers, look up costs, and digitally document and disclose the information to investors. The app also archives a record of the disclosure and best interest analysis for the retrospective review requirements.

“What we really like about RolloverAnalyzer is its comprehensiveness. Using one app, our financial professionals can assess rollovers and digitally document and deliver the recommendation to their clients,” said Rick Slavik, CCO and SVP of Supervision at Kovack Financial Network. “Moreover, InvestorCOM has proven itself to be a flexible and knowledgeable partner that’s willing to go the extra mile to ensure our team’s success.”

“Making best interest rollover recommendations has a significant impact on investor’s financial well-being,” said Parham Nasseri, VP of Products & Regulatory Strategy at InvestorCOM. “RolloverAnalyzer has been a game-changer for helping broker-dealers and RIAs of all sizes to efficiently meet the regulatory requirements and grow their business. We are delighted to be helping KFN meet their PTE 2020-02 obligation.”

Launched in 2021, RolloverAnalyzer will be undergoing rapid enhancements in the coming months. Nasseri added, “We have some exciting new features for supervisory teams to review all of the recommendation data in a single powerful dashboard.”

To learn more about RolloverAnalyzer and how to meet the upcoming retrospective review requirements, InvestorCOM is hosting a webinar on November 1st “DOL’s Fiduciary and Retrospective Review Expectations”, with industry experts from DFPG Investments, Katten, Faegre Drinker and Oyster Consulting. To sign up, visit our website.


About Kovack Financial Network

Kovack Securities is a privately owned, national, full-service independent broker-dealer based in Fort Lauderdale, Florida, that operates in tandem with its affiliated registered investment adviser (RIA) platform, Kovack Advisors. Founded in 1997, the firm supports approximately 400 affiliated independent financial professionals across the country, who provide objective financial planning and investment management services on a fee and brokerage basis to mass affluent and high net worth retail investors as well as company retirement plans of all sizes. Kovack Securities and Kovack Advisors together focus on providing successful and experienced financial advisors with the services, tools, resources, and training to grow and succeed as independent business owners in the retail financial advice industry.

For more information, visit www.kfn.com




For more information:

Karen Makedon
VP, Marketing
InvestorCOM Inc.