The Pros & Cons Of Different Financial Advisory Fee Models

Historically, financial advisory fees all followed one of a few basic structures. However, financial advisors have used several new compensation structures to remain competitive in recent years, and they can vary significantly. Understanding the various fee models is essential before deciding which financial advisory fee model or models work for your practice. Why Are Different

Understanding the Different Types of FINRA Licences and How to Acquire Them

Obtaining the right securities license is essential in becoming an investment representative, security sales agent, or any other professional in the securities industry. The licensing process is extensive and can be challenging to navigate. Understanding the different types of FINRA licenses and when they’re required will help you establish which exams you will need to

SEC Regulation Best Interest – How Does It Impact Broker-Dealers and Investment Advisors?

The Securities and Exchange Commission (SEC) drafted the Regulation Best Interest (Reg BI) rule in 2019. Regulation BI provides additional safeguards for investors by setting new standards of conduct for financial advisors and broker-dealers. The implementation of Regulation BI may lead to operational changes for broker-dealers and investment advisers. Under Regulation BI, these individuals have

Financial Advisor Marketing Strategies That Work

New client acquisition is one thing that is crucial for financial advisors to continue to grow their practices. However, generating new client leads can be difficult and expensive, especially for those just starting. Here are a few proven marketing strategies for financial advisors that can be used to drive new leads whether you are a

FINRA Securities Industry Essentials (SIE) Exam Tips

The Securities Industry Essentials (SIE) exam covers a wide array of financial topics. Although this exam covers in-depth knowledge of the financial services industry, it is not impossible to pass. The following study guide lays out the basic securities industry information you need to know for the SIE exam. Changes in Securities Industries Essentials Exam

The Benefits of AI for Automated Invoice Processing For Asset Managers

For some, the words “artificial intelligence” are associated with self-driving cars, sentient robots, and world-threatening supercomputers. However, artificial intelligence and machine learning are now being used to optimize a wide range of business processes including fee calculation, billing and invoicing. Manually processing invoices can be a time-consuming, error-prone procedure that exposes businesses to reputational risks,