Risk Tips

06 May

Posted at 09:19h in Risk Tips

[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column][vc_column_text css=""]This is a “BEWARE OF…” article —not to scare, but simply to ensure your practice is on full alert. Regardless of firm size or how you interact with clients, this issue remains at the forefront of claims...

08 Apr

Posted at 10:47h in Risk Tips

[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column][vc_column_text css=""]California’s Private Attorneys General Act (PAGA) continues to reshape the state’s Labor Code enforcement landscape more than two decades after its enactment.  Despite significant statutory reforms in 2024, PAGA litigation is not slowing down—in fact, new records...

08 Apr

Posted at 10:34h in Risk Tips

RIAs operate within a swift cybersecurity environment, where preparation and infrastructure are critical—not only to safeguard sensitive data, but also for maintaining client confidence, and meeting fiduciary obligations....

24 Feb

Posted at 12:49h in Risk Tips

[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column][vc_column_text css=""]The gut-wrenching sensation of learning that you or your client’s personal information has been violated by a third-party bad actor can ruin the day. In a world now driven by data, it is crucial for businesses to...

24 Feb

Posted at 12:46h in Risk Tips

[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column][vc_column_text css=""]We get them every day. Phishing emails are nearly impossible to prevent from coming in, and alas, we are all human. Recently, an advisor at one of our insured’s email accounts was compromised after responding to a...

09 Jun

Posted at 14:49h in Risk Tips

[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column][vc_column_text css=""]Navigating the Claims Process: What Asset Managers Need to Know E&O, D&O, Cyber, and Crime insurance are often considered severity lines of coverage. This means that while claims don’t happen often, when they do, they tend to be...

21 May

Posted at 08:26h in Risk Tips

[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column][vc_column_text css=""]In today’s complex financial services environment, liability protection is essential—especially for Hybrid RIAs that blend both commission-based and fee-based business models. Many of these firms are required to carry Errors & Omissions (E&O) insurance through their broker-dealer...

20 May

Posted at 08:45h in Risk Tips

[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column][vc_column_text css=""]Cyber security is top of mind and critical to the viability of your organization.  Advisors ask Golsan Scruggs about cyber liability and cyber theft more than most other RIA exposures. Managing this risk effectively requires two components:...

29 Apr

Posted at 08:42h in Risk Tips

[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column][vc_column_text css=""]Municipal Advisors face unique challenges and potential coverage issues when securing Professional & Management Liability insurance contracts. The basis of these challenges is largely because Municipal Advisors are required to secure E&O insurance on a Registered Investment...