Monthly Archives: October 2016

Custody Rule Concerns

There has been a lot of discussion the last month or so about whether an advisor has custody, and therefore required to have an annual surprise custody audit. The SEC has in several exams stated that a custodian’s contract could … Continue reading

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Disaster Preparation

In an article published on FinancialPlanning October 7, 2016, Carolyn McClanahan discussed the action plan her firm had in place as Hurricane Matthew was bearing down on her city. Here are some ideas that you may want to consider. ┬áThe … Continue reading

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Who Should NOT be the Chief Compliance Officer

RIA Failed to Conduct Annual Compliance Reviews and Appointed Admin as CCO from Cipperman Compliance Services The SEC fined and censured a registered investment adviser for failing to conduct annual compliance reviews and appointing a chief compliance officer without relevant … Continue reading

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