Advisers and Compliance Officers Struggle to Find Common Ground

Lee, Shelley A.
June 2010
Journal of Financial Planning;Jun2010, Vol. 23 Issue 6, p20
Academic Journal
The article focuses on the differences between financial advisers and compliance officers in the U.S. Nancy Johnson-Jones, a compliance consultant, urges financial advisers to appreciate the important role played by compliance officers, which is to protect everybody's interests. The author explains that the role of the compliance department is to ensure that financial advisers will improve their practices and procedures. She cites the results of the survey conducted by the Financial Planning Association (FPA) which indicates that financial advisers complaint on paperwork they need to accomplish like client contracts, disclosures and manuals.


Related Articles

  • Active vs. Passive. ROSEEN, TOM // On Wall Street;Feb2015, Vol. 25 Issue 2, p32 

    The article considers the debate on whether to take an active or passive approach to fund management. Topics discussed include the advantages and disadvantages of actively and passively managed funds, the need for investors to pick the right blend of stocks and bonds, and the key trends in fund...

  • How to interview prospective clients successfully. Jenkins, Jason // Retirement Advisor;Nov2016, Vol. 17 Issue 11, p15 

    The article offers tips on how investment advisors in the U.S. can conduct a successful prospective client interview. These include ensuring that they share the same values with their prospective clients, learning about prospective clients' investment views and explaining to prospective clients...

  • Platforum: The human face of robo-advice. Hopkins, Heather // Fundweb;8/10/2015, p5 

    The article reflects on the success of robo-advice, a process adopted by financial advisers to offer online portfolio management services with minimal human intervention, in the U.S. She discusses the asset growth observed by established investment firms Wealthfront Inc. and Betterment LLC after...

  • 3 Tips for Maximizing Your Portfolio Management Software. King, Rebecca // Journal of Financial Planning;Mar/Apr2011 Practice Management, p12 

    The article offers tips on how financial advisers can maximize their portfolio management software in the U.S. It states that financial advisers can further leverage their existing software by using its rebalancing functionality, utilizing it to generate investment reports for their clients and...

  • Withering Wirehouses? Not Quite. Britton, Diana // REP.;Dec2012, Vol. 36 Issue 12, p27 

    The article offers information on a survey conducted by "Registered Rep" on financial services firms in the U.S. between September 6 and October 26,2012. It was carried out through online wherein the firms are rated based on the satisfaction of financial advisors. It found that the firms that...

  • Advisers Are Optimistic About the Future.  // Journal of Financial Planning;Mar/Apr2010 Practice Management, p19 

    The article reports on the optimism of independent registered investment advisors (RIAs) towards the future of the financial services industry despite the economic downturn and possible regulatory changes in the U.S. Based on the survey conducted by TD AMERITRADE Institutional that was released...

  • Investment ADVISOR OF THE YEAR. Satter, Marlene Y. // Investment Advisor;Jun2010, Vol. 30 Issue 6, p42 

    The article focuses on findings of a poll of 58 presidents of independent or brokers dealers in 2010 in the U.S. Brokers and dealers were asked to cite the challenges their firms faced. The poll found that 70% of respondents considered misguided regulatory or legislative agenda as the biggest...

  • DoL Fiduciary Critics Aim to Narrow Definition. Corbin, Kenneth // Financial-planning.com;6/29/2015, p1 

    Opponents warn definitions are overly broad and call on advisors and brokers to make their voices heard at the Labor Department.

  • Test of the Massey Mine. Barney, Lee // Money Management Executive;5/24/2010, Vol. 18 Issue 21, p3 

    The author presents the events and development of money management in the U.S. including an interview with Arthur Levitt, the explosion that killed 29 employees at the Massey Energy Co. and pension fund activist and director Michael Garland's productive discussion with the number of fund giants.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics