3 easy-to-follow tips!

Here's how to revamp compliance training so it's enjoyable.

The SEC recently made a substantial change to its Customer Relationship Summary that largely went under the radar: the removal of the word “fiduciary” from mandated language RIAs must use to describe their standard of conduct. This is not to say that RIAs cannot use the term “fiduciary” or are unable to tell clients that […]

$1.15 million, $20 million, $100 million. These are all costs associated with fines and fees that medical device companies incur for noncompliance. Here’s another stat. According to data by KPMG, the medical device industry’s global annual sales is forecast to rise to almost $800 billion by 2030. $800 billion. This shows that the medical device […]

The GDPR is designed to strengthen protections around personal data.

It’s been quite some time since we directly discussed the status and fate of the DOL’s fiduciary rule. A lot has changed over the past eight months, particularly due to the policy positions of President Trump’s administration, and yet, as the DOL and the SEC make decisions on the massively complex regulation, much of the […]

A perfect storm has been created for many leadership teams within the industry.

Below are five highlights from the two-day event.

While the presidential election has concluded, the DOL fiduciary rule’s future has just begun. With a Trump presidency the regulation could be in doubt, but will more than likely endure, and maybe someday even expand in scope, according to William Trout, Senior Analyst at Celent. Therefore firms that take steps to mitigate the adverse impact […]

Seismic looked at the disparity between what consumers expect from a product or service, the realities of what each can deliver and how the wealth management space isn’t immune from such differences in perspective. Clients and advisors are approaching investing with contrasting strategies and goals, but just how disruptive has this been to the fundamentals […]

At PAICR’s Annual Conference in New York this week, the focal point was the changing nature of the marketing function within asset management firms. From the keynotes to panels to breakout sessions, presenters and attendees all agreed on one thing: the fact that marketing, which for decades operated essentially as a sales support function, has […]

In the post-crisis world, toeing the line on compliance has clearly become more complex and difficult for financial services companies. Contributing factors include the many new rules already in place, more regulations likely coming soon (including the DOL’s proposed fiduciary rule), and more aggressive enforcement by regulators. For many asset management firms, wealth advisory shops, […]