FINRA’s Top Enforcement Issues in 2022
In a recent blog, we provided key takeaways from FINRA's 2023 Examination and Risk Monitoring Program Report. This blog will take a closer look at FINRA's top enforcement issues in 2022. Fines Trending Down According to Eversheds Sutherland's annual report of FINRA's...
New Customer Story: Turning Direct Business into a Strategic Asset
We are excited to announce the launch of our recent customer story, United Brokerage Services Turns Direct Business into a Strategic Asset with Terrapin. This new customer story highlights how our technology supports United Brokerage Services’ direct business model...
FINRA’s 2023 Examination and Risk Monitoring Program Report
This January, FINRA published the 2023 Report on FINRA’s Examination and Risk Monitoring Program. The Report provides essential guidance for compliance officers and is devised to inform member firms' compliance programs by delivering annual insights from FINRA's...
Understanding and Overcoming Technology Adoption Challenges
Thomson Reuters Regulatory Intelligence’s annual survey on fintech, regtech, and the role of compliance in 2021 reported that “the adoption and implementation of technology has taken a huge step forward during the pandemic and sector growth is expected to accelerate...
Understanding Direct Business: An Overview for Wealth Management Firms
Defining Direct Business Direct business is not a well-understood model within the wealth management industry, and there is little authoritative information on the practice. To further confound an already obscure topic, direct business goes by many names, including...
Tracking the Right KPIs Remains a Struggle for Wealth Management Firms
A recent article from industry research group Kehrer Bielan Research & Consulting, Needed: Better Tracking and Reporting, highlights how tracking the right KPIs remains a struggle for many wealth management programs. It affirms our belief in the importance of...
Fall 2022 Advisor Compensation Planning Webinar Recap
The foundation of a successful incentive compensation design is built on strategic planning and benchmarking. As the fall season is upon us, now is the time to develop your advisor compensation plans for the upcoming year. In our Fall 2022 Advisor Compensation...
Upcoming Webinar: Incentive Compensation, An Underutilized Resource for Driving Key Business Results
Is financial advisor incentive compensation an underutilized tool in driving business results? Arthur Osman, principal at Kehrer Bielan Research & Consulting, believes that is indeed the case within bank broker-dealers. He argues that advisor compensation is one...