Regulatory Compliance

Regulatory Compliance: Stay informed about changing regulations.

Are you creating a culture of compliance?

Nurturing a culture of compliance can help firms meet the standards set forth by regulators. There may be additional benefits to embracing compliance, too, including:

Enhancing your firm's reputation and brand with clients, prospects, and business partners

Making your firm more attractive to potential partners or acquirers, who may dig into your compliance procedures as part of the due diligence process

Helping with recruitment efforts as potential new advisors for your firm review your compliance history

Consider the following steps to help make compliance work for you:

1
Get senior leadership support to set the right tone and encourage a collaborative approach to partnering with compliance.
2
Emphasize the importance of hiring the right compliance talent, as well as educating and training advisors and staff.
3
Use robust technology for high volume and repetitive functions to streamline processes; free up time for advisors and staff for higher-value activities.
4
Ensure that compliance continuously engages other functions, such as operations and sales.
5
Communicate regularly about compliance via internal newsletters, webinars, and in-person meetings.

Resources to help support your unique business needs

DOL Fiduciary Rule

The latest information on the DOL Fiduciary Rule and how it may affect financial professionals and firms.

Reg BI & Form CRS

Insights and resources designed to help clients understand and build plans that comply with Reg BI

State Fiduciary Law Outlook & Resources

Outlook and resources designed to help clients navigate and compare rapidly changing state laws