Benefit from the present installment of “Weekend Studying For Monetary Planners” – this week’s version kicks off with the information {that a} current examine discovered that at a time when the variety of SEC-registered broker-dealers and their registered representatives is declining, the variety of SEC-registered RIAs, their belongings underneath administration, and the variety of shoppers they serve all grew in 2023, reflecting the attractiveness of the RIA mannequin to each advisors and shoppers alike and the power for companies throughout the dimensions spectrum to profitably serve shoppers.
Additionally in business information this week:
- How the SEC may goal dually registered companies for enforcement of their duties to look after and handle conflicts of curiosity underneath Regulation Finest Curiosity and the Funding Advisers Act to ship a message to the business and to make clear its expectations for these “dual-hatted” companies and their advisors
- Why a shift in IRS priorities away from particularly specializing in taxpayers with greater than $10 million in revenue for audits may end in extra shoppers with incomes above $400,000 being audited within the coming years
From there, we now have a number of articles on funding planning:
- 5 methods advisors can ‘repair’ the portfolios of recent shoppers, from unwinding unintentionally concentrated positions to maximizing asset location
- Whereas concentrated funding methods supply the promise of upper returns, the specter of unpredictable dangers and, within the case of concentrated funds, misaligned incentives between fund managers and buyers, could make them dangerous propositions
- How a “whole wealth method” for portfolio administration that takes a consumer’s human capital and different non-investment belongings may mitigate the draw back dangers to their wealth
We even have quite a lot of articles on consumer assembly note-taking:
- Methods for advisors to take more practical notes in consumer conferences, from adopting structured frameworks to leveraging software program instruments
- Consumer assembly note-taking software program has emerged as one of many first AI use circumstances for advisors, although its use comes with compliance and safety concerns
- A overview of obtainable AI-enabled consumer assembly note-taking software program, damaged down by worth, accuracy, safety, integrations with different AdvisorTech instruments, and extra
We wrap up with 3 closing articles, all about productiveness:
- How the “weighted shortest processing time” technique can assist advisors prioritize their to-do lists and why among the best methods to spice up productiveness may very well be to shorten the listing to solely embody what really must be carried out
- Amidst a piece tradition that usually prioritizes time spent on the pc, why stepping away from the desk for unstructured considering may enhance staff’ creativity and productiveness
- Why the idea of “entrenchment” means that reaching a “circulation state” can typically result in diminished productiveness and wellbeing
Benefit from the ‘mild’ studying!
