News, Vision & Voice for the Advisory Community


Articles written by Les Abromovitz, Guest Columnist


Publish date

Les Abromovitz: An RIA should have ready access to current contact information for clients, employees, regulators, custodians, and service providers.

RIAs must prepare for post-disaster recovery or regulators will lower the boom

Tornadoes, floods and hurricanes, sure, but death, disability and bad succession plans can also be disastrous for clients

October 29, 2012 at 3:22 PM

Les Abromovitz:  [Soft dollar use] may affect the best execution of securities transactions and might cause the client to pay more than the lowest-available commission.

RIAs need to take a hard look at their use of soft dollars

Some advisors are landing in hot water with the SEC

November 11, 2011 at 5:14 AM

Les Abromovitz: Investment advisors should avoid selective amnesia in their newsletters.

Advisor newsletters: Compliance-wise, all news may not be fit to print

Even a photograph of a client may be viewed as a testimonial

October 19, 2011 at 3:11 AM

Les Abromovitz: Ironically, the RIA that received notice of this desk audit was not required to be registered in the state conducting the examination.

RIAs switching to state registration may be examined by a second regulator, too

The audit may come remotely from a state where the advisor doesn't have a place of business

September 22, 2011 at 2:54 AM

Les Abromovitz: Back when I went to law school, attorneys didn’t advertise on television, let alone on urinals.

How far can RIAs go with advertisements?

Don't take your cues from restaurants or lawyers

July 15, 2010 at 6:54 AM

Les Abromovitz: Solo practitioners need to have a succession plan, too.

The SEC wants you to consider the catastrophes

How an RIA should prepare for the worst

April 7, 2010 at 5:45 AM

Les Abromovitz: When it comes to past perfomance, you are obliged to reveal the bad along with the good.

One excuse the SEC doesn't listen to: I was just following the crowd

Third-party rankings misleading without the context; here's how to give it

March 22, 2010 at 3:58 AM

Les Abromovitz: When the SEC takes a stand on social media, it is likely to reach many of the same conclusions

FINRA guidance may help RIAs avoid social media blunders

Even employees' LinkedIn profiles ought to be supervised

February 26, 2010 at 7:49 AM

Les Abromovitz: Regulators are very wary of advertising and marketing efforts aimed at senior investors, including the so-called free-lunch seminars.

SEC’s heightened interest in the older set means advisors should pay heed

Questions of diminished capacity, appropriate investing strategy apply

February 2, 2010 at 5:13 AM

Les Abromovitz: It is imperative that RIAs routinely dust off the cobwebs on their website.

Outdated RIA websites risk compliance trouble not to mention credibility

Esteem from having a website gets squandered by neglecting its content

October 12, 2009 at 4:10 AM

RIABiz Directory

The Industry Sourcebook for RIAs

   |    LISTING

Add Your Listing

RIABiz Directory sponsored by:

Directory Sponsor Logo

White Paper Postings

Common Tags

Recent Articles

Popular Writers

RIABiz logo


About Us




RIABiz, Mill Valley, California
Copyright © 2009-2024 RIABiz Inc. All rights reserved.