Registered Investment Advisors

Outsourcing Compliance? 38% Of All RIA Firms Are Doing Just That

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Compliance is often expensive and difficult to justify as a full-time position in many RIA firms. As a result, the proportion of advisors farming out the compliance function to a third party has increased 33% over the last year.

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Now That Barney Frank Is Leaving, He Comes Out Against An Advisor SRO

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Barney Frank has decided to retire at the end of his current term, but he's going to fight for his regulatory goals -- including, just maybe, keeping advisory firms under a SEC mandate.

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Switch To State Regulation May Be The Closest Thing To An Audit Some RIAs Have Ever Experienced

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The announcement that state regulators have announced coordinated reviews for the 3,200 advisory firms they are taking over from the SEC points out an overlooked irony in the "switch" process.

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Anti-Money Laundering Rules For Advisors Back On The Front Burner

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After years on the back burner, new requirements for RIAs to report suspicious customer activity are moving ahead again.

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Enforcement Actions Against Investment Advisors Have Doubled Since 2009

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The growth of the advisory business and the new sense of activism at the SEC have had their downside as well as their benefits for the RIA channel.

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