More On Legal & Compliancefrom The Advisor's Professional Library
- Scope of the Fiduciary Duty Owed by Investment Advisors A fiduciary obligation goes beyond the suitability standard typically owed by registered representatives of broker-dealer firms to clients. The relationship is built on the premise that the advisor will always do the right thing for the person or entity receiving advice.
- Trading Practices and Errors When SEC-registered investment advisors conduct annual audits of firm policies and procedures, they should pay close attention to trading practices. Though usually not required to, state-registered advisors should look at their trading practices and revise policies that do not fully protect clients.
Three experts in the field of technology and compliance will deliver half-day workshops in three cities in November, addressing how advisors can integrate their enterprise content management (ECM) software with their customer relationship management (CRM) software.
Hosted by Laserfiche and Junxure, the road show will hit San Francisco, Chicago and New York and will feature Tom Giachetti (left) of Stark & Stark (who writes the monthly Compliance Coach column for Investment Advisor), Tim Welsh of Nexus Consulting, and Greg Friedman of Private Ocean and Junxure.
Giachetti will speak about the latest compliance issues being faced by advisors in light of Dodd-Frank, while Welsh and Friedman will demonstrate the operations and compliance benefits of integrating Junxure’s CRM program with Laserfiche’s ECM software.
In late August, Junxure announced the rollout of a business consulting program to run in conjunction with its CRM program that focuses on training and implementation, while Laserfiche has recently expanded its overseas operations and announced a settlement of a lawsuit with SAP America which resolved Laserfiche’s use of the Run Smarter trademark.
In his most recent Compliance Coach column, Tom Giachetti writes about the implications of the SEC’s new definition of “family office.