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 danger alert highlighting areas of elevated focus relating to its new advertising and marketing rule for upcoming examinations, together with whether or not there’s clear disclosure of whether or not the individual giving a testimonial or endorsement is a shopper 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 commercials.

Additionally in business information this week:

  • A current survey means that whereas people who work with monetary advisors discover them to be invaluable, 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 relating to advisers’ use of Synthetic Intelligence instruments, whereas the Division of Labor stated it’s planning to launch the most recent proposed replace to its ‘fiduciary rule’ in August

From there, we’ve got a number of articles on investments:

  • How advisors can add worth for purchasers by evaluating the potential dangers and advantages of investing in personal credit score funds
  • Why greater rates of interest may change the calculus for advisors for allocating shopper property to cash-like devices
  • How efficiency knowledge recommend that lower-cost bond funds are inclined to carry out higher and are much less unstable than their pricier counterparts

We even have a lot of articles on advisor charges:

  • Whereas charging primarily based on Property Underneath Administration (AUM) stays the most well-liked payment mannequin, many advisors wish to retainers and different payment 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 shopper accounts in a tax-efficient method
  • Why improved advisor service ranges and the broader inflationary setting may make now a very good time for corporations to think about elevating their charges

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

  • Finest practices for the way usually to take breaks throughout the workday and what to do throughout them to advertise focus and creativity
  • How advisors can construction their day by day calendars to construct in breaks and improve their productiveness
  • How managers can play an essential function in creating an workplace tradition the place breaks throughout the day should not solely accepted, however inspired

Benefit from the ‘gentle’ studying!

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