Tag: care obligation

Prove Rollover Compliance with Confidence

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The SEC’s scrutiny is rising, and wealth firms can no longer rely on manual processes, fragmented data, and inconsistent documentation. It's time for a smarter solution. Download our guide to discover how you can: Eliminate manual documentation and reduce regulatory risk Leverage guided workflows to streamline rollover recommendations Improve advisor-client interactions with dynamic data collection [...] Read More

Prove Best Interest Compliance with Confidence

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A Digital Playbook for Passing Audits and Exams The SEC’s 2025 exam priorities are clear: Proving best interest compliance is no longer optional. You’ve built the policies—but can you prove they’re being followed? Manual processes, fragmented data, and inconsistent documentation still plague many firms. This guide breaks down how leading wealth firms are leveraging automation [...] Read More

[Infographic] The Fiduciary Rule Rollercoaster: Compliance Strategies for 2025

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The fiduciary rule continues to be a shifting regulatory challenge for financial professionals, with new developments under the Trump administration adding further complexity. The ongoing uncertainty emphasizes the need for firms to stay proactive, prepare for multiple compliance scenarios, and leverage technology for efficient oversight. Download our latest infographic to explore key compliance strategies that [...] Read More

Reg BI & Form CRS: What FINRA Expects in 2025 and How to Prepare

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The 2025 FINRA Regulatory Oversight Report has highlighted significant compliance deficiencies in Regulation Best Interest (Reg BI) and Form CRS compliance. As FINRA raises the bar, wealth firms must evolve their compliance posture to mitigate risks and foster growth in their practice. This handbook breaks down the deficiencies, and the effective practices that firms can [...] Read More

DOL Fiduciary Obligations & SEC Guidance

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On October 31, 2023, the Department of Labor (DOL) proposed a new rule aimed at “Improving Investment Advice for Workers & Retirees”. InvestorCOM hosted a webinar, with the wealth industry’s most trusted and seasoned experts, to discuss this new proposal. Prior to the webinar, InvestorCOM asked our webinar attendees the following poll questions. Here are the results.

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NSCP 2023 Recap

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The third week of October 2023 marked a momentous occasion for me. It was my first ever attendance at the National Society of Compliance Professionals conference, and I must say, it did not disappoint.

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How to Recommend Variable Annuities with Confidence

How to Recommend Variable Annuities with Confidence

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Reg BI’s Care Obligation requires a financial professional to consider reasonably available investment alternatives (RAA) offered by the broker-dealer (refer to “Reg BI’s Care Obligation and Reasonable Alternatives” for more information on this topic). While some may have implemented an RAA process for assessing mutual fund and ETF recommendations, Variable Annuities (VAs) may present yet […]

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The Hold Up on Hold Recommendations

The Hold Up on Hold Recommendations

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For many wealth management firms, the last few months have gone by in a flash. The combined pressures of working remotely, executing business continuity practices and meeting the Reg BI implementation deadline have kept most teams burning the midnight oil. With the Reg BI implementation deadline now behind us, some may be hesitantly looking back […]

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Reg BI

Reg BI’s Care Obligation and Reasonable Alternatives

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With Reg BI now in effect, broker-dealers and their representatives will need to illustrate how they are complying with the SEC’s Regulation Best Interest (Reg BI). One of the requirements dealers should pay close attention to is the Care Obligation and the consideration of Reasonably Available Alternatives (or RAA) when making a recommendation. What’s Changed? […]

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