The Securities and Exchange Commission (SEC) routinely prepares Risk Alerts to provide helpful information to federally registered investment advisors (RIAs) about regulatory compliance. Recently, the SEC released a Risk Alert that focuses on the importance of RIAs implementing and enforcing effective compliance programs. This Risk Alert is just one example of the many resources available to help investment advisors stay informed and compliant.
The investment advisor industry is growing rapidly, with the number of advisors hitting a record high in 2022. However, assets under management are declining as investors seek out lower-cost options and turn to passive investing. This trend is likely to continue, and investment advisors will need to adapt to remain competitive.
Stratos Wealth Advisors LLC (Stratos), a Stratos Wealth Holdings company, announced the successful recruitment of wealth advisor John Doe to their team. This news highlights the ongoing demand for skilled investment advisors in the industry.
The Securities and Exchange Commission's Investor Advisory Committee has voted to approve a proposal that asks the federal agency to require disclosure of the use of "conflict minerals" by investment advisors. This proposal could have significant implications for the industry, as investment advisors may need to disclose any conflicts of interest related to the use of these minerals in their investment strategies.
The investment advisor field is divided into two types: fee-based and commission-based. The better one for your needs depends on the nature of your investment goals and the level of service you require. Fee-based advisors charge a percentage of your assets under management, while commission-based advisors earn a commission on the products they sell.
The city is conducting a search for non-discretionary and discretionary services after launching a similar search in 2021. This news highlights the ongoing demand for investment advisory services, as cities and municipalities seek to manage their financial portfolios more effective.
NewEdge Wealth, LLC, a registered investment advisor specializing in servicing the needs of ultra high net worth individuals, announced the launch of their new website. This news highlights the importance of having a strong online presence in the investment advisor industry.
The Investment Adviser Association is warning the Securities and Exchange Commission that potentially overlapping rules threaten to create confusion and increase regulatory burdens for investment advisors. The industry is already heavily regulated, and any new rules should be carefully considered to avoid unintended consequences.
Sylon Asesores provides Mexican investors with an app that delivers a comprehensive and customized banking and investing experience. This news highlights the global nature of the investment advisor industry, as advisors seek out innovative ways to serve clients in new markets.
Overall, the investment advisor industry is thriving, with record high employment and ongoing demand for services. However, the industry is also facing challenges, including declining assets under management and increasing regulatory scrutiny. Investment advisors will need to adapt to these changes to remain competitive and provide value to their clients.
