AdvisorLaw

Unsuitability claims can be a major headache for financial advisors. But understanding the challenges involved is the first step to protecting yourself. Our latest industry insight delves into the complexities of suitability, the importance of risk assessment, and the potential impact of hindsight bias on investor claims. Learn how AdvisorLaw can protect your professional reputation🛡️

Unsuitability Claims: Navigating Investor Expectations - AdvisorLaw Learn how AdvisorLaw can protect financial advisors from unfounded claims related to unsuitability. Our experts provide comprehensive legal representation and guidance to safeguard your reputation and career.

The SEC's marketing rule is no joke! ⚠️ RIAs, it's time to up your compliance game. Don't let outdated marketing practices land you in hot water. Our latest industry insight breaks down the essential tips you need to know about testimonials, hypothetical performance, and more.

SEC Marketing Rule Compliance: Essential Tips For RIAs - AdvisorLaw Navigating the complexities of the SEC's marketing rule? Get expert guidance on testimonials, hypothetical performance, and disclosure requirements. Learn how to stay compliant, protect your firm, and effectively reach your target audience

Financial advisors: considering retirement?🧭 Your exit strategy is crucial for a smooth transition. We've got the inside scoop on how to navigate a smooth transition — from valuing your firm to finding the perfect buyer. Ready to unlock the secrets to a successful exit? Don't miss out on essential tips for a successful retirement.

Financial Advisor Exit Strategies: A Smooth Transition To Retirement - AdvisorLaw Crafting a successful exit strategy for financial advisors. Learn how to maximize your firm's value, explore succession options, and navigate the complexities of selling your practice. Our guide provides expert insights and practical steps for a smooth transition to retirement.

Did you know inadvertently taking custody of client assets could lead to hefty fines? AdvisorLaw Compliance Analyst, Chris Marks, MBA, dives deeply into the complexities of client asset custody and how it can impact your RIA firm. Learn more about:

🔹what constitutes "custody" under SEC regulations;
🔹the expensive obligations that come with holding client assets; and
🔹how to protect your firm from inadvertent custody and potential penalties.

Is your firm unknowingly exposed? Don't get caught off-guard! ️Contact AdvisorLaw today.

The Hidden Costs of Helping Clients: How to Avoid Unintended Custody - AdvisorLaw Uncover the hidden costs of taking on client custody. Learn how seemingly small favors like becoming a trustee or executor can lead to significant financial burdens and regulatory risks. Protect your firm by understanding the complexities of custody and avoiding unintended consequences.

Is FINRA really protecting investors or lining its own pockets?💸 Our deep dive into their financials paints a troubling picture.

🔹 Executive compensation skyrocketing
🔹 Budgetary bloat while overseeing fewer firms and reps
🔹 Enforcement actions plummeting
🔹 Investor complaints soaring
🔹 Restitution payouts are a mere fraction of executive salaries

Is it time for FINRA to reevaluate its priorities? 🤔

Read our full analysis for the shocking details: ➡️ https://advisorlawllc.com/scrutinizing-finras-budget/ Thinking about making the switch to RIA? We're offering a $500 credit on new RIA formations for brokers who reference this article.

Scrutinizing FINRA's Budget: Rational Spending or Excess? - AdvisorLaw Uncover the shocking truth about FINRA's spending and its impact on advisors. FINRA's executive salaries skyrocket while enforcement plummets and fees soar. Learn how AdvisorLaw is helping brokers navigate these turbulent waters.

Clock ticking! ⏰ This is your LAST CHANCE to leverage our exclusive expungement offer during Criminal Expungement Week! (Offer expires TODAY, July 26th)

Tired of outdated disclosures holding you back? ❌ AdvisorLaw can help. We're your trusted expungement experts, with over 2,700 successful cases under our belt.

Here's how we help you:

🔹Eradicate outdated baggage: Remove irrelevant information hindering your career.
🔹Build rock-solid trust: A clean record strengthens your reputation and inspires client confidence.
🔹Unleash your potential: Pursue promotions and dream jobs without limitations.

Ready to clear your path? Get a FREE case review today! Let's explore options for a fresh start. ➡️ https://advisorlawllc.com/advisorlaws-criminal-expungement-week-for-financial-advisors/ Don't miss out! Time is of the essence.

AdvisorLaw's Criminal Expungement Week for Financial Advisors - AdvisorLaw Financial advisors with outdated criminal disclosures can unlock a brighter future with AdvisorLaw's Criminal Expungement Week. Get special pricing on expungement services to clear your record, boost client trust, and advance your career.

Heads up RIAs! Just closed a deal? Don't let compliance slow you down. Our latest industry insight dives into key compliance areas to focus on post-acquisition, facilitating a smooth transition and continued client satisfaction. From registration adjustments to client communication, we've got you covered.

Key Compliance Strategies For RIAs Post-Acquisition - AdvisorLaw Ensure a seamless transition after your RIA acquisition with expert guidance. Learn essential compliance strategies for registration adjustments, client communications, data security, and more. Discover how AdvisorLaw can help you navigate regulatory challenges and protect your clients.

Ready to move past a mistake and advance your career? Our limited-time offer on expungement services for financial advisors ends Friday, July 26th! As the leading experts, we've cleared nearly 2,700 disclosures, giving advisors a fresh start. Here's why we're your best choice:

⚖️Unmatched Experience: Our team tackles the complexities of financial advisor expungement, maximizing success.
✅Proven Results: We've helped countless advisors achieve a clean record and career growth.
🛡️Dedicated Advocacy: We fight for you throughout the entire process.

Don't let an old disclosure hold you back! Take control of your future. Let our experience work for you.

AdvisorLaw's Criminal Expungement Week for Financial Advisors - AdvisorLaw Financial advisors with outdated criminal disclosures can unlock a brighter future with AdvisorLaw's Criminal Expungement Week. Get special pricing on expungement services to clear your record, boost client trust, and advance your career.

Financial advisors, are you tired of irrelevant or outdated criminal disclosures hindering your career? 🔎❌ Our Criminal Expungement Week is in full swing (July 22nd to 26th)! AdvisorLaw is offering special pricing on expungement services to help you clear your record and unlock new opportunities.

Here's what you can achieve:

🔹Clear the Path: Remove outdated or inaccurate disclosures that limit your potential.
🔹Boost Credibility: A clean record showcases your true reputation and inspires client trust.
🔹Advance Your Career: Secure promotions and dream jobs without limitations.

Don't miss out on exclusive benefits like reduced pricing, expert guidance from our team, and a complimentary case review to discuss your unique situation and explore how we can help you achieve a clean slate.

Limited Time Offer! Register today to secure your spot ➡️ https://advisorlawllc.com/advisorlaws-criminal-expungement-week-for-financial-advisors/

AdvisorLaw's Criminal Expungement Week for Financial Advisors - AdvisorLaw Financial advisors with outdated criminal disclosures can unlock a brighter future with AdvisorLaw's Criminal Expungement Week. Get special pricing on expungement services to clear your record, boost client trust, and advance your career.

Tired of cookie-cutter compliance solutions that don't address your unique needs? AdvisorLaw believes that your RIA deserves a tailored compliance strategy that’s built for long-term success. Unlike large, private-equity-backed firms, we're independent and laser-focused on your growth. Ready to ditch the "one-size-fits-all" approach? Read our latest industry insight to learn more about our customized RIA compliance solutions.

Finding The Right RIA Compliance Partner: Ditch The "One-Size-Fits-All" Approach - AdvisorLaw In today's RIA compliance landscape, you have a choice. You can go with a large, private-equity-backed firm that offers a one-size-fits-all approach, or you can partner with AdvisorLaw, a client-focused team dedicated to your firm's long-term success. Here's why AdvisorLaw stands out:

⚠️ Attention Financial Advisors!⚠️ Is an outdated criminal disclosure holding you back? From July 22nd to 26th, AdvisorLaw is offering special pricing on our expungement services to help you achieve a clean slate and boost your career.

Here's what you get:

✅Clear inaccurate or irrelevant information on your record.
✅Attract clients and employers with a clean record that reflects your true capabilities.
✅Unlock exciting new career opportunities without limitations.

Don't miss this chance! ⏳Register today for a complimentary consultation and learn how AdvisorLaw can help you achieve a brighter future. ➡️https://advisorlawllc.com/advisorlaws-criminal-expungement-week-for-financial-advisors/

AdvisorLaw's Criminal Expungement Week for Financial Advisors - AdvisorLaw Financial advisors with outdated criminal disclosures can unlock a brighter future with AdvisorLaw's Criminal Expungement Week. Get special pricing on expungement services to clear your record, boost client trust, and advance your career.

Calling all IARs and RIAs! Fulfill your CE course requirements easily & affordably by partnering with AdvisorLaw!✅ Our experts offer comprehensive legal support and help you remain compliant with discounted IAR CE credits. Choose from live webinars or on-demand recordings to fit your schedule, all at a special rate just for our clients. Explore the benefits of AdvisorLaw's compliance services today!

RIA Compliance - AdvisorLaw AdvisorLaw offers ongoing legal and RIA compliance consulting support to Registered Investment Advisers (RIA) and RIA firms. We can review, update, and ensure that your firm stays compliant with all current SEC and state regulations governing your RIA.

Are you a wirehouse advisor at a crossroads? The ground is shifting beneath many advisors, leaving them feeling exposed. Even top performers face unexpected exits.

Is it time to take control?

At AdvisorLaw, we help wirehouse advisors transition to an RIA model, gaining independence and the freedom to serve clients on their terms.

Our latest industry insight asks 10 key questions to help you assess your situation and explore your options.

10 Questions Wirehouse Advisors Should Ask Themselves Right Now - AdvisorLaw re you a wirehouse advisor feeling vulnerable? Don't wait until it's too late! This blog post explores 10 questions to ask yourself and the advantages of forming your own RIA with AdvisorLaw's help.

🏆A Texas financial advisor with nearly 25 years of experience faced an unfair termination and damaging disclosure due to circumstances beyond his control. The global pandemic disrupted his ability to meet unrealistic production requirements set before COVID hit.

Erika Binnix, J.D. and Dochtor D. Kennedy, J.D. of AdvisorLaw fought to clean the advisor’s record! Through arbitration, we achieved a FULL EXPUNGEMENT of the termination disclosure. This means that the advisor can continue his career with a spotless record.

Have you been impacted by unforeseen circumstances? We understand the challenges that financial advisors face. Let us help protect your record. Contact AdvisorLaw today for a free consultation, and see how we can fight for you!

Advisor Receives U5 Termination Disclosure Due to COVID-19 - AdvisorLaw A near-25-year financial services veteran from Texas sought expungement of a finra form u5 termination disclosure that arose as a result of the global Covid-19 pandemic. Effects of the pandemic that were out of the advisor’s control had prevented him from meeting the position’s requirements, whi...

We're taking a break to celebrate Independence Day! 🎆 AdvisorLaw will be closed today, Thursday, July 4th, and Friday, July 5th, in observance. We wish you a safe and enjoyable holiday weekend!

The world of RIAs is booming, but compliance can be a minefield! ⚠️ A single misstep can lead to hefty fines, reputational damage, and even legal trouble. At AdvisorLaw, we've seen it all.

In our latest industry insight, we unveil the top 10 compliance pitfalls that can trip up even seasoned RIAs, along with actionable strategies to help you navigate the maze with confidence.

Learn how to avoid these common mistakes and build a robust compliance program for your RIA ➡️ https://advisorlawllc.com/dont-be-a-statistic-10-compliance-fails-that-can-sink-your-ria

Don't Be A Statistic: 10 Compliance Fails That Can Sink Your RIA - AdvisorLaw Avoid costly fines & reputational damage! This guide explores 10 RIA compliance pitfalls & offers actionable strategies to build a robust program. Learn how AdvisorLaw can help your RIA thrive.pen_sparktunesharemore_vert

The SEC's exam priorities are shifting. Is your RIA prepared? Our latest industry insight breaks down key takeaways from a recent SEC webinar to help you stay compliant.

Here's a glimpse:

🔹Focus areas, like conflicts of interest & senior investor protection
🔹How to navigate the new marketing rule
🔹What to expect during an SEC exam (and common pitfalls to avoid!)

Don't miss out! Get the full picture, and set up your RIA to be ready for anything. ➡️

Staying Compliant: Key Takeaways From The SEC's Recent Webinar - AdvisorLaw Worried about your next SEC exam? This blog breaks down the SEC's recent webinar on exam priorities for what RIAs can expect and how to prepare. Learn about cybersecurity, marketing rules, private fund compliance, and more. Gain actionable tips to stay ahead of the curve so your firm is prepared for...

Financial advisors, are you yearning to break free from the limitations of traditional firms and craft your own, independent practice? The allure of independence is strong, but building a successful RIA requires careful planning and the right tools.

Ready to chart your own course? Read our latest industry insight for a roadmap to launching your RIA. Interested in learning more? Contact us today for a complimentary consultation.

Seeking Freedom? AdvisorLaw Can Help You Launch Your RIA - AdvisorLaw Break free and build your dream financial advisor practice! This guide explores the steps to create a successful RIA, from choosing your structure and services to navigating registration, compliance, and technology. Learn how AdvisorLaw can be your partner in achieving independence.

Is the DOL's new rule throwing a wrench in your RIA & Private Fund strategies? The DOL's new rule expands the definition of a "fiduciary" for retirement accounts, impacting how RIAs advise clients on rollovers and private fund investments within IRAs. Feeling uncertain? We've got answers.

Our latest industry insight breaks down the key points of the rule and its potential effects on your business. We answer your most pressing questions, including:

🔹How will the new rule impact rollover recommendations?
🔹Are private funds in IRAs still a viable option?
🔹What steps should RIAs and private funds take now?

This is a developing situation, but AdvisorLaw can help you navigate it. Have questions about the new rule? Leave a comment below and our team of specialists will be happy to help!

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New DOL Rule: A Q&A For RIAs & Private Funds - AdvisorLaw New DOL rule expands the definition of a fiduciary, impacting RIAs who recommend rollovers to IRAs. Learn how the rule affects you and what steps to take for compliance.

Big win for a Virginia advisor! A 23-year industry veteran had a DBSI-related claim (later exposed as a Ponzi scheme) EXPUNGED from his record — thanks to AdvisorLaw.

The Situation:
🔹Advisor recommended a DBSI investment (Ponzi scheme) as part of a diversified portfolio.
🔹Client sued, alleging fraud (claims were dismissed twice).
🔹Advisor's firm settled, resulting in a DISCLOSURE despite his innocence.

AdvisorLaw Took Action:
We fought for the advisor's clean record through FINRA Dispute Resolution and achieved expungement, because:
🔹there was no evidence of wrongdoing by the advisor;
🔹the advisor conducted due diligence based on info from his firm; and
🔹the Ponzi scheme's complexity wasn't readily apparent.

The Outcome:
The advisor's record is NOW CLEAR! If you have a meritless claim on your record, contact AdvisorLaw for a FREE consultation. We can help!🏆

Virginia Advisor Wins Expungement Of DBSI-Related Claim - AdvisorLaw Financial advisor in Virginia successfully removes DBSI-related claim from BrokerCheck record with AdvisorLaw's help. Expungement awarded due to advisor's lack of knowledge about Ponzi scheme.

Our recent industry insight dives into the impact of stricter FINRA policies implemented last October. As expected by AdvisorLaw president and founder, Doc Kennedy, the data reveals a significant drop in expungement requests over the last several years.

Key Takeaways:

📉 Steeper Decline: New FINRA forum data shows a sharp decrease in expungement requests.

💰 Increased Costs: Expungement fees through FINRA’s forum have skyrocketed due to new policies.

❌ Lower Odds Of Success: FINRA forum unanimous panel approval makes success less likely.

⚖️ Shifting Strategies: We're successfully navigating expungement by now taking cases through more favorable forums.

While the case for taking expungements through FINRA’s forum has dwindled, the demand for clearing records remains strong. AdvisorLaw has a proven track record of success — having secured countless expungements, nationwide, through alternative forums. Partner with AdvisorLaw, and take control of your narrative.

Read the full industry insight for more details, and contact us for a consultation! hashtag hashtag hashtag hashtag

FINRA Expungement Costs Skyrocket: Exploring Alternative Forums - AdvisorLaw Financial advisor expungement getting tougher? New FINRA rules make it expensive and difficult. AdvisorLaw offers alternative expungement strategies with a proven track record. Get a free consultation today!pen_sparkcircle

Is the RIA M&A market poised for a comeback in 2024? Our latest industry insight dives into the key trends shaping the landscape, including the looming succession crisis and the rise of acquirers. Learn how to navigate this dynamic environment and achieve your RIA's goals.

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RIA M&A In 2024: Navigating The Evolving Landscape - AdvisorLaw The RIA M&A market is evolving! After a growth spurt, consolidation is on the rise. Explore key trends shaping the future of RIA mergers and acquisitions to make informed decisions for your firm.pen_sparktunesharemore_vert

Changed laws + strong advocacy = clean record! ⚖️ AdvisorLaw helped a California advisor with a 30-plus-year career remove a decades-old drug possession charge from his record. Have a similar outdated disclosure on your record? Recent legal changes might help! Get a free consultation, and see if AdvisorLaw can help you achieve a clean record, too. ➡️ https://advisorlawllc.com/california-law-helps-advisor-expunge-old-drug-charge/

California Law Helps Advisor Expunge Old Drug Charge - AdvisorLaw California broker with 30+ years of experience erases outdated drug possession charge from CRD and BrokerCheck records thanks to recent legal changes. Learn how AdvisorLaw helped him achieve a clean record.

Attention Financial Professionals! ⚠️The FTC just landed a knockout punch on non-compete clauses! This changes the game for your career mobility. This new rule means:

📜 No more non-compete clauses in new contracts!
❌ Existing clauses might be unenforceable (except for top execs).
🗣️ You can still be restricted from soliciting clients.

Get the full breakdown and ensure you're compliant. Need guidance? Let AdvisorLaw help you navigate this new landscape. Schedule a consultation today!

Noncompete Clauses KO'd By FTC: What Financial Professionals Need To Know - AdvisorLaw Big news for financial services! FTC bans non-compete clauses for most employees. Learn how this impacts your business and how to stay compliant. [

Attention RIAs! The SEC is cracking down on unrecorded communications.
Millions in fines for text messages and chat apps? Don't let outdated communication practices put your firm at risk.

The SEC requires a complete record of business conversations to track potential issues and ensure compliance. ️‍Don't get caught off guard! AdvisorLaw helps RIAs navigate evolving regulations:

✅ Implement tech solutions to capture ALL communication.
✅ Craft clear communication policies for your team.
✅ Leverage data insights to improve compliance.

Our latest industry insight dives into the SEC's focus on electronic communication compliance and how RIAs can stay ahead of the curve. ➡️https://advisorlawllc.com/texting-trouble-sec-cracks-down-on-unrecorded-communications/

Peace of mind starts with compliance. Contact AdvisorLaw today!

Texting Trouble: SEC Cracks Down On Unrecorded Communications - AdvisorLaw Millions in SEC fines for unrecorded texts & chats! RIAs beware - ensure your electronic communications are compliant. Learn how AdvisorLaw can help.

Ready for more growth in your career? This guide maps out your options for buying a book of business, while also explaining how AdvisorLaw paves the way for a smooth transition. From contracts to TROs, we've got your back. Don't go it alone. AdvisorLaw guides you every step of the way, protecting your career and securing your future.

Navigating Financial Advisory Transitions: A Comprehensive Guide - AdvisorLaw, LLC. Confused about transitioning your financial advisor practice? Learn about buying a book of business and how AdvisorLaw guides you through a smooth transition.

The Supreme Court is examining the SEC's in-house enforcement process. Could this mean jury trials for RIAs facing accusations? ⚖️ A potential win for due process and fairer outcomes. Read our full analysis, and explore the implications for RIAs.

Regulatory Shift? The Supreme Court Challenges SEC's Authority - AdvisorLaw, LLC. Is the SEC's enforcement power on shaky ground? The Supreme Court grapples with the SEC's authority to conduct in-house enforcement proceedings, raising questions about jury trial rights and due process for RIAs. Learn more about the potential impact and how to stay compliant.

E-Signatures: Convenience with a catch! FINRA's watching closely, and even if a client "seemed" okay, unauthorized e-signatures are a NO-GO! Why? Because under FINRA Rule 2010, intent doesn't matter.

Protect yourself and your career with these 5 EASY steps:

- Stay Updated: FINRA rules change. Review firm policies regularly.
- Ask Questions: Unsure about something? Ask your compliance officer!
- Get it in Writing: Document client permissions for e-signatures.
- Be Vigilant: Monitor IP addresses and report suspicious activity.
- Empower Your Team: Encourage them to speak up about concerns.

Want to learn more? Our latest Industry Insight dives deeper! Facing an e-signature issue? AdvisorLaw can help! Contact us today for a complimentary consultation.

E-Signatures: From Convenience To Compliance Minefield - AdvisorLaw, LLC. Financial advisors, beware! E-signatures offer convenience, but FINRA is cracking down on violations. Learn the red flags, how to stay compliant, and what to do if accused. Contact AdvisorLaw for expert guidance.

Last Chance! ends today. Fight unfair U5s, get a free consultation & $1,000 credit! ⏰ Don't miss out! Schedule your consultation with an AdvisorLaw attorney and take control of your future to fight back against unfair terminations. Time is running out!

Clear Your Record: U5 Termination Expungement Week at AdvisorLaw - AdvisorLaw, LLC. Facing an unfair U5 termination? AdvisorLaw's U5 Termination Expungement Week (March 25th-29th) offers free consultations, resources & a chance to clear your record. Fight for your career!