It’s always better to be prepared and predict possible issues, effectively preventing them from happening, than to find out about them post-factum. This list will provide you with the necessary insights into the possible cases which happen even with the most experienced financial advisors, leading to non-compliance issues.
Top 5 Advisory Fee and Expense Compliance Issues List
In order to provide your clients with the best experience and stay compliant with the Advisers Act Rule 206(4)-7, check if your way of charging clients might have any of the issues from the list.
