Weekend Studying For Monetary Planners (June 17-18)

Benefit from the present installment of “Weekend Studying For Monetary Planners” – this week’s version kicks off with the information that the SEC issued a threat alert highlighting areas of elevated focus concerning its new advertising and marketing rule for upcoming examinations, together with whether or not there may be clear disclosure of whether or not the individual giving a testimonial or endorsement is a consumer or investor, if the promoter has been paid, and if there are materials conflicts of curiosity. Amongst different highlighted areas of curiosity, the regulator additionally flagged whether or not sure “ineligible individuals” have been compensated for testimonials or endorsements and advisors’ use of third-party rankings in ads.

Additionally in trade information this week:

  • A current survey means that whereas people who work with monetary advisors discover them to be priceless, those that haven’t labored with an advisor earlier than don’t essentially perceive the worth an advisor can present
  • The SEC is contemplating a brand new rule concerning advisers’ use of Synthetic Intelligence instruments, whereas the Division of Labor mentioned it’s planning to launch the most recent proposed replace to its ‘fiduciary rule’ in August

From there, we have now a number of articles on investments:

  • How advisors can add worth for purchasers by evaluating the potential dangers and advantages of investing in non-public credit score funds
  • Why increased rates of interest may change the calculus for advisors for allocating consumer belongings to cash-like devices
  • How efficiency knowledge recommend that lower-cost bond funds are likely to carry out higher and are much less risky than their pricier counterparts

We even have quite a few articles on advisor charges:

  • Whereas charging based mostly on Property Below Administration (AUM) stays the preferred price mannequin, many advisors need to retainers and different price fashions to diversify their income stream and attain extra potential purchasers
  • How advisors will help their purchasers save on taxes by strategically taking charges from consumer accounts in a tax-efficient method
  • Why improved advisor service ranges and the broader inflationary surroundings may make now time for companies to think about elevating their charges

We wrap up with 3 closing articles, all about taking breaks:

  • Greatest practices for the way typically to take breaks through the workday and what to do throughout them to advertise focus and creativity
  • How advisors can construction their every day calendars to construct in breaks and improve their productiveness
  • How managers can play an essential position in creating an workplace tradition the place breaks through the day will not be solely accepted, however inspired

Benefit from the ‘gentle’ studying!

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