Asset Management

New Podcast: Resolving Operational Issues Uncovered During Acquisitions and Transformations

Trying to resolve issues and improve operational efficiency by aligning people and technology can lead to unexpected problems and mixed results. Whether your firm leadership wants to evaluate how the firm is running, the firm has recently undergone a merger or acquisition or is experiencing errors, losses or attrition, an Operational Assessment can increase efficiency, save your… READ MORE

To Disclose or Not to Disclose – Is a PPP Loan “Material?”

PPP loans, which are intended to support company payrolls during the COVID-19 shutdown, have been a source of great debate in the Registered Investment Advisor space.  Are they material?  If my RIA applies for and receives a loan, do we have to disclose it as a material event on our Form ADV Part 2A? The… READ MORE

Remote Supervision in the Pandemic World

The SEC and FINRA have long held that broker-dealers and investment advisers are required to supervise their employees’ conduct in order to prevent and detect violations of the securities laws.  Moreover, the regulators have emphasized that remote or offsite offices and employees require particularly vigilant supervision. Regulators expect both offsite and onsite monitoring of offices… READ MORE

New Podcast: Will There Be A Post-Pandemic Securities Litigation Wave?

When markets are volatile, history has shown us that there is often an increase in securities litigation,  In this week’s episode, Oyster’s General Counsel Patrick M. Dennis and Director Evan Rosser talk about past litigation trends in volatile markets and what they see coming as the pandemic continues to wreak havoc on the national economy and individual investments. Oyster… READ MORE

Increases Expected in Pandemic-Related Securities Litigation

Recent webinars and articles have centered around the issues the securities industry will confront as a result of the pandemic and market turmoil.  We have compiled relevant information from those sources and added our own observations based on our previous experience. Based on past market downturns, firms can expect a wave of litigation stemming from… READ MORE

More States Adopt Disbursement Hold Regulations to Protect Senior and Vulnerable Adults

As the population dynamics in the Unites States moves towards an unprecedented number of baby boomers entering their retirement years, federal and state regulators and FINRA have enacted regulations, examination priorities and enforcement efforts to protect the assets of senior and vulnerable adults. In 2020, the states of New Jersey (April 12th), West Virginia (June… READ MORE

The Case for Outsourcing Retirement Plan Building Tasks and Planning Software Solutions

In this time of uncertainty, new clients are approaching financial advisors for help, while current clients continue to demand, and deserve, high-quality services at an affordable price. For many firms, one solution to balance this influx of clients and retain their current base is to outsource the tasks around retirement plan building and software selection,… READ MORE