Enjoy the latest issue of “The Weekend Reading for Financial Planners” – this week’s issue of SEC settlement sees robo-advisor platform Betterment sued for misrepresenting the frequency of automated taxes. It starts with the news that you have agreed to pay a dollar fine. -The Loss Harvesting System has been scanning some clients his accounts between 2016 and his 2019 and not only for robo-advisors but also for human advisors, marketing messages and services offered emphasizes the importance of ensuring that Also, the SEC is now asking not only whether clients are investing in a manner consistent with their investment policy statements, but also when advisory firms are committed to various “tax smart” management tactics (such as tax loss harvesting). , the SEC will also investigate whether the company has accurately carried out these commitments to all of its clients.
Also, this week’s industry news:
- SEC approves new FINRA rule aimed at making it harder for brokers to expunge client disputes from the record
- Morningstar research suggests that clients are more likely to fire advisors for service and relationship reasons than for low fees or a low return on investment.
From there, we have several articles on cash flow and spending.
- Why I-Bonds Are Losing Their Shine Amid Declining Inflation
- Number of consumers transferring their banking operations to brokerage firms
- Why Advisory Firm Clients Consider Personal Cyber Insurance
There are also many articles on Advisor Marketing.
- Why it’s worth considering the market value of an advisory firm first before choosing a particular marketing tactic
- Potential Benefits for Advisory Firms Hiring Fractional Marketers
- Why spending money on creating valuable content instead of advertising benefits companies and their broader communities
Finally, we conclude with three articles on time management.
- How advisory firm owners prepare for time away from the office
- Why it’s important to have new experiences to make time feel like it’s slowing down
- Step-by-step process until one advisor realizes his company is ‘good enough’
Enjoy your “light” reading!