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 relating to its new advertising and marketing rule for upcoming examinations, together with whether or not there may be clear disclosure of whether or not the particular person 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 scores in commercials.

Additionally in trade information this week:

  • A latest 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 relating to 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 personal credit score funds
  • Why larger rates of interest might 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 quite a lot of articles on advisor charges:

  • Whereas charging primarily based on Property Underneath Administration (AUM) stays the preferred price mannequin, many advisors want to retainers and different price fashions to diversify their income stream and attain extra potential purchasers
  • How advisors might 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 atmosphere might make now a great time for corporations to contemplate elevating their charges

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

  • Finest practices for a way usually to take breaks through the workday and what to do throughout them to advertise focus and creativity
  • How advisors can construction their each 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 aren’t solely accepted, however inspired

Benefit from the ‘mild’ studying!

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