Blog
August 13, 2024
Arbitration agreements are crucial for resolving client disputes for Registered Investment Advisors (RIAs). While many RIAs currently use the American Arbitration Association (AAA) as their arbitration forum, this article suggests considering the Financial Industry Regulatory Authority (FINRA) arbitration. FINRA’s comprehensive procedural framework, cost efficiency, and structured approach will be highlighted. By comparing FINRA’s Code of […]
July 31, 2024
At Bakhtiari & Harrison, we understand that buying a financial advisor’s book of business is a significant investment that requires thorough due diligence. Ensuring the purchase is a good fit involves evaluating various client factors contributing to the advisor’s book of business. Here are vital aspects to consider: Review Client Files, Monthly Statements, Investment Objectives, […]
May 27, 2024
In the world of investment advisory, the relationships between Registered Investment Advisors (RIAs) and their clients are governed by a series of complex and highly detailed agreements. These documents outline everything from investment objectives to risk tolerance and time horizons, serving as the foundation for the fiduciary relationship between advisors and their clients. Ensuring these […]
April 11, 2014
Finra chairman and CEO Richard G. Ketchum said the regulator is no longer interested in expanding its oversight to financial advisers. Mr. Ketchum told the Wall Street Journal on Thursday, “We are not pursuing it at the present time.” “We don’t perceive any likelihood that it would be successful,” Mr. Ketchum told the WSJ, referring to […]
