Enjoy the latest installment of Weekend Reading for Financial Planners. This week’s issue begins with news that the SEC has issued a risk warning highlighting areas of greater focus regarding new marketing rules for upcoming review. Where the Promoter is compensated and where there is a material conflict of interest, the person making the endorsement or endorsement is a client or investor. Among other areas of focus, the regulator also warned whether certain “ineligible persons” are being compensated for the use of third-party ratings in advertising by endorsements, endorsements and advisors. .
Industry news of the week:
- A recent survey found that while individuals who work with financial advisors find them valuable, those who have never worked with one before do not necessarily understand the value they can provide. I know you haven’t.
- The SEC is considering new rules on the use of artificial intelligence tools by advisers, and the Labor Department said it will release the latest update to its “fiduciary rules” in August.
From there, you’ll find several articles on investing.
- How advisors add value to their clients by assessing the potential risks and benefits of investing in private credit funds
- Why Rising Interest Rates Change How Advisors Calculate Allocating Client Assets To Cash-Likes
- Performance data shows low-cost bond funds tend to perform better and have lower volatility than higher-priced bond funds
There are also many articles about advisor fees.
- While charges based on assets under management (AUM) remain the most popular fee model, many advisors are turning to retainers and other fee models to diversify revenue streams and reach more prospects doing.
- How advisors can help their clients save tax by strategically taking commissions from their accounts in tax efficient ways
- With higher advisor service levels and a broader inflationary environment, why now is a good time for firms to consider raising fees
Finally, we conclude with three articles on breaks.
- Best practices on how often to take breaks at work and what to do during breaks to promote focus and creativity
- How Advisors Structure Daily Calendars to Build in Breaks and Increase Productivity
- How managers can play a key role in creating an office culture where daytime breaks are not only accepted but encouraged
Enjoy your “light” reading!