Risk Tips

12 May

Posted at 06:55h 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]Proverbs 4:13 informs us to "Hold on to instruction, do not let it go; guard it well, for it is your life." In navigating a successful investment advisory practice, we are wise to learn from other firms and...

16 Aug

Posted at 05:50h 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]This month’s RIA Risk Tip addresses another common question our office receives from the RIA community:  “Why should we purchase Investment Advisor E&O? –For we have yet to experience a lawsuit and/or a claim in all our history.” Great question...

17 Jul

Posted at 18:25h in Risk Tips

A Registered Investment Advisor (RIA), axiomatically, embarks upon a career in which risk is a uniquely intensive reality, both for the client and the RIA. As is required by the profession, the prudent RIA takes measures to mitigate those risks, part of which includes...

13 Feb

Posted at 21:04h 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]As many begin the year with the formation of hopeful aspirations (or necessary modifications!), one such goal within the RIA practice could be to review one's current strategy for fiduciary risk-transfer, or broader yet, one's total Fiduciary Risk-Management...

28 Nov

Posted at 23:11h 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]Fielding this question seemingly each week in our office, there appears to be adequate confusion out there to motivate attention as this month’s Investment Advisor ia360 RiskTip. Some would say the word confusion is an appropriate adjective when defining...

01 Oct

Posted at 06:23h 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]This month’s RiskTip addresses one of the most repeated questions: What Exactly Does RIA E&O Insurance Cover? While some harmony exists among the seven or so key underwriters’ insurance contracts in the RIA E&O errors and omissions liability marketplace,...

01 Nov

Posted at 07:11h 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]Recently, our office has seen an uptick in merger and acquisition activity among the RIA community and thought it timely to address the subject as respects to liability exposures. In the consideration of a practice merger, acquisition, or sale...

01 Oct

Posted at 07:17h 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]Yet another common question posed to us from advisors across the country, it seemed a good idea to address this question. The insurance industry has their own independent glossary of definitions that generates understandable confusion to the advisor community....

01 Jul

Posted at 07:22h 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]It is not our position to address the viability of various investment vehicles. It is, however, our occupation to advise the RIA community on the issues and implications surrounding this subject as it pertains to fiduciary risk and...

01 Jun

Posted at 07:27h 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]Movement appears to be afoot among the custodial community seeking to avoid what they are calling "unnecessary risk" posed by various "Alternative" investments.  An "Alternative" is defined as an investment product other than a traditional investment instrument such...