2021 RIA Compliance Diagnostic Drill

This session, while OK, was not worth the wait or delays.

It was helpful. It was a lot of info in a compressed amount of time though.

Question on her slides did not accurately match the questions on the PDF. In general, don't like the multiple choice presentation style. Also, am suspect of some of the information e.g. the question about RAUM: unless something has changed since 2018, the answer she provided was wrong. RAUM has to do with trading authority, not discretion - that was a big miss. We manage 401Ks, etc. over which we have no discretion and the SEC, in our 2018 audit, was fine with those assets being included in RAUM.