RIA Compliance and Practice Management Blog

Each week, we are giving you our weekly report highlighting the top compliance news articles from various industry news publications. We have selected the most relevant and important news articles related to registered investment adviser (RIA) compliance and regulatory issues. This week's recap focuses on the importance of technology in a firm's compliance program, the Securities and Exchange Commission's (SEC) bulletin on conflicts of interest, and tips for advisors to identify suspected financial exploitation of elderly clients. Here are our top investment adviser compliance articles for the week of July 29th, 2022:

Registered investment adviser (RIA) firms of all sizes face the challenge of finding a document storage solution which aligns with their budgets and meets their specific business needs. As RIA consultants, we understand this task can be daunting, particularly as advisers expand the size of their firms and headcount increases. Document accumulation is a natural product of firm growth, so it is important to establish an efficient and scalable storage system early on. Fortunately, the market for cloud-based document storage solutions has expanded dramatically over the last decade.  In this blog post, we explore our 2022 RIA survey results in response to document storage software systems.

Each week, we are giving you our weekly report highlighting the top compliance news articles from various industry news publications. We have selected the most relevant and important news articles related to registered investment adviser ("RIA") compliance and regulatory issues. This week's recap focuses on compliance with the new rollover rule, ComplySci's Pay-to-Play guidebook, movement on regulatory cryptocurrency oversight, and the Securities and Exchange Commission's (SEC) financial fraud tip program. Here are our top investment adviser compliance articles for the week of July 22nd, 2022:

Registered investment adviser (RIA) firms invest in financial planning software to simplify essential tasks, including cash flow analysis, long-term planning, and tax strategy plans. RIA firms must evaluate their firm's needs before selecting the software that is right for them, as the options for financial planning software are numerous and varied. In this blog post, we explore the RIA in a Box annual survey results in response to financial planning software systems used by RIA firms.

Each week, we are giving you our weekly report highlighting the top compliance news articles from various industry news publications. We have selected the most relevant and important news articles related to registered investment adviser ("RIA") compliance and regulatory issues. This week's recap focuses on the RIA industry outlook, navigating cryptocurrency oversight, a potential increase of regulation of Form CRS, and the Securities and Exchange Commission's ("SEC") latest stance on gamification of digital trading. Here are our top investment adviser compliance articles for the week of July 15th, 2022:

The Securities and Exchange Commission (SEC) recently proposed cybersecurity rules designed to improve registered investment advisers (RIA) firms' resilience against cyber attackers. Within this set of provisions, the SEC sets new requirements for the manner and timeliness in which firms must report cybersecurity incidents. In response to the proposed rules, RIA in a Box has prepared a six-step cybersecurity incident response plan for all employees of advisory firms.

Below, we discuss how advisory firms can act now to execute an effective cybersecurity incident response plan.

A customer relationship management (CRM) solution can become an investment adviser’s primary technology system, reliably collecting and presenting client information to make the best possible use of the adviser’s time. Advisers who successfully implement a CRM solution often report long-term cost savings, more scalable growth, and a substantial improvement in the quality of service provided to clients. Additionally, firms may rely on well-maintained CRM systems if they choose to optimize their tech stack by integrating digital proposal generation and/or digital account open tools. In this blog post, we will explore the results of our annual survey regarding CRM systems used by registered investment adviser (RIA) firms.

Each week, we are giving you our weekly report highlighting the top compliance news articles from various industry news publications. We have selected the most relevant and important news articles related to registered investment adviser ("RIA") compliance and regulatory issues. This week's recap focuses on adviser fees, top compliance challenges, LinkedIn tips for advisers, and the Securities and Exchange Commission's ("SEC") latest rule-makings on proxy voting. Here are our top investment adviser compliance articles for the week of July 8th, 2022:

A new Securities and Exchange Commission ("SEC") amendment to Form 13F filings, proposed in November 2021 and passed in June 2022, will require investment advisers, institutional investors and others who submit such forms to the SEC to do so electronically.

Registered investment adviser ("RIA") firms add portfolio management and reporting ("PMR") systems to their tech stacks to increase operational efficiencies and strengthen the firm's competitive advantage. Not all portfolio management and reporting systems are built the same, which is why RIA firms must evaluate their business goals and needs before selecting the software that is right for them. Below, we analyze the findings from our annual survey results in response to the portfolio management and reporting systems used by RIA firms, and explore the trends over the years.