2021 RIA Compliance Diagnostic Drill

Good job.

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.

thought-provoking presentation

I AM INTERESTED IN THE CCO CLASS/BADGE OFFERING.

Very good information; however, I am a state-regulated advisor . .It would be more helpful if there were a separate presentation for state advisors although there is variation from state to state) . .OR state differences mentioned during SEC coverage (as she stated that state advisors not subject to CRS, unless their state specifically requires it.