TITLE

Compliance Paperwork Costing Planners…

PUB. DATE
September 2007
SOURCE
Journal of Financial Planning;Sep2007, Vol. 20 Issue 9, p12
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This article reports that paperwork involving compliance issues is costing 13% of registered financial advisors up to a full day of productivity, according to a survey of 100 financial advisors by Katherine Vessenes of Vestment Advisors Inc. Many advisors are unhappy with the amount of paper work that they are required to complete to meet compliance standards. Compliance officers have told reps that they cannot engage in certain activities, even though those activities are legal and within regulation.
ACCESSION #
26475352

 

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