Tag Archives: 404c

Don’t Go There!

Posted on July 27, 2011 by jwatkins

My clients are familiar with several pet phrases that I use to state my opinion in a short, yet definitive manner.  One of those phrases that I find myself using a lot is “don’t go there.”  As a compliance consultant … Continue reading →

Posted in 401k compliance, 404c compliance, compliance, investments, RIA, RIA Compliance | Tagged , , , , , , , , , | Leave a comment

The RIA’s Achilles’ Heel

Posted on June 23, 2011 by jwatkins

As an attorney and a compliance consultant, I realize the difference between RIA compliance and RIA risk management.  I also realize the importance of both.  Unfortunately, I see far too many cases where RIA firms have unnecessary liability risk exposure … Continue reading →

Posted in compliance, investments, RIA, RIA Compliance | Tagged , , , , , , , , | 1 Comment

Due Diligence Doldrums

Posted on June 3, 2011 by jwatkins

Whether you are a registered representative, an investment advisory representative, or both, you have a legal obligation to do your due diligence regarding the suitability of any investments you intend to recommend to your clients.  What many brokers and advisory … Continue reading →

Posted in compliance, investments, retirement plans, RIA, RIA Compliance, securities | Tagged , , , , , , , , | 1 Comment

The Little Known Win-Win Fiduciary “Gotcha”

Posted on January 25, 2011 by jwatkins

It is well-established that investment advisers are fiduciaries.  Fiduciary law is based primarily on principles developed under agency law and trust law.  When you mention fiduciary law, most people immediately think of the duty of loyalty, the requirement that a … Continue reading →

Posted in 401k compliance, 404c compliance, compliance, investments, retirement plans, RIA, RIA Compliance, securities | Tagged , , , , , , , , | Leave a comment