fi360 Blog - Insight from the experts in fiduciary responsibility

 

• How to Inform your Clients about Fiduciary Insurance

  NAPLIA has developed a universal "Fiduciary Acknowledgement Form" to assist you in informing your clients about the benefits and value of Fiduciary Insurance.  This is not only a benefit to your clients, but a practical Risk Management Practice for your firm.

• Using your E&O Insurance to Market your Firm

  Gaining new clients, and maintaining your existing clients, is obviously a priority in growing your practice.  Don't overlook the value of using your Insurance in your marketing efforts.  Learn how and about NAPLIA's exclusive Confirmation of Insurance.

• 3 (38) Fiduciary Status - Risk & Confusion ?

  Select Advisors are starting to promote themselves as ERISA 3 (38) Investment Mangers.  Understand the confusion and risk involved through an exclusive CFDD conference session.

• The CFDD's 2010 Advisor Conference - Chicago, IL - October 6-8, 2010

  The CFDD's October 6-8, 2010 Advisor Conference at the downtown Chicago Fairmont Hotel, New Age Marketing, is an all business event designed to help retirement plan advisors adapt to a rapidly changing environment, stay relevant and grow their business.  Learn more and about the Special Offer to NAPLIA clients.

• Find a Compliance Consultant

  NAPLIA's Compliance Partners are recognized as an elite group of professionals who have a special relationship with our agency, obtained through the demonstration of superior product knowledge and expertise in the Wealth Adviser industry.

• Guidance on Blogs and Social Networking Websites - FINRA

  Americans are increasingly using social media Web sites, such as blogs and social networking sites, for business and personal communications. Firms have asked FINRA staff how the FINRA rules governing communications with the public apply to social media sites that are sponsored by a firm or its registered representatives. This Notice provides guidance to firms regarding these issues.

• Steps Investment Professionals can take to avoid claims

  Review and update investment plans strategies and risk tolerance guidelines with the client(s). Make sure to listen, document and communicate your efforts on their behalf. 

• Frequently Asked Questions

  - What is the best way to determine if my current policy provides adequate coverage?

  - Do I need “Fiduciary Insurance”?

  - How do I obtain an ERISA bond for one of my clients 401K plans?

Prudent Practices for Investment Advisors 83-page handbook offered through Fi360.