Practice Management

The pandemic has accelerated the spread of remote work so much that many firms have adopted digital communication and collaboration platforms without building out the necessary policies and procedures to prevent mistakes.

A new report from the Institute for the Fiduciary Standard urges the SEC to “rebrand Reg BI as a ‘New Suitability’ standard for broker/dealers” to clarify that brokers’ product recommendations are different from best interest fiduciary advice.

Don’t underestimate the power of social media and its ability to mobilize, organize, motivate and influence people, including clients.

The looming threat for Gensler is that the good times could end on his watch, triggering a crash that hits retail investors who’ve contributed to the boom particularly hard.

With the rise of remote meetings, social media and online communities, do professionally managed industry associations like FPA and NAPFA have a future? The numbers are mixed.