Investment Adviser Association

Generative AI is poised to be transformative for the wealth and investment management sector. Join the IAA and Google’s AI expert James Dean for a webinar that will give advisers insights into the potential applications of AI, including enhancing compliance, optimizing risk management, and improving client experiences. We will guide you through the steps to move from AI experimentation to full deployment, ensuring responsible AI practices are upheld throughout. https://lnkd.in/dbRz5XDP

What's been the biggest game-changer for you as an IAA member? Take a minute to let us know which benefit stands out the most. [Your vote stays private—only the page admins can see it, and it won't appear on your profile.]

Last call for Virtual Compliance Workshop registration! Regulatory changes, SEC examination priorities, compliance issues – there's a lot for compliance officers to keep in mind. Let the IAA help you stay up-to-date. Join us virtually next week on September 12 for deep dives into cybersecurity/data privacy, AI, and marketing, as well as a discussion about current SEC examination priorities from Vanessa Horton, co-national associate director of the SEC’s investment adviser/investment company examination program. https://lnkd.in/dZDAjeD5

Advisers serve a broad range of clients in 3 groups: individuals, pooled vehicles, and institutions. Over the past 6 years, growth in both the number of clients and assets under management have been strong in all 3 groups, but growth in the individual client group has been especially strong for both non-high net worth and high net worth clients. Read more:?https://lnkd.in/eW48JzRS

Attendees of the 2024 Leadership Forum have the opportunity to join our exclusive peer breakout sessions designed specifically for like-minded firms. These dynamic sessions are more than just networking; they are a powerful platform for sharing experiences, tackling industry challenges, and discovering new strategies for success. Don't miss your chance to network with your peers at the Leadership Forum.

In spite of claims from Securities and Exchange Commission officials that its recent win in the “shadow” insider trading case in Panuwat was “nothing novel,” the victory represents a sweeping change in the scope of insider trading liability. This article by Richard Marshall of Katten Muchin Rosenman LLP discusses the case and suggests possible compliance responses for investment advisers.?

History is an excellent teacher. Finance professor Stephen Foerster’s upcoming book "Trailblazers, Heroes and Crooks: Stories to Make You a Smarter Investor" aims to improve investors’ futures by examining the past. Also in today’s newsletter: Here comes the bride ... hopefully not with an unmanageable wedding bill. Here’s how financial advisors are helping clients and their families plan for the costs of upcoming nuptials. Plus, will the new anti-money-laundering regulations pose an unreasonable burden for RIAs? Some, including the Investment Adviser Association, say yes. #investingstrategies #weddingplanning #RIAs #compliance

The Treasury Department has issued final regulations imposing anti-money laundering (AML) obligations on investment advisers. The new rule establishes minimum standards for AML programs, requiring investment advisers to implement risk-based measures to detect and report suspicious activity.?

Compliance education — right from your own computer. There are just two weeks left until our virtual Compliance Workshop. Join us on September 12 for insights on cybersecurity, AI, and more, including a discussion about exam priorities with a senior SEC official. Register now!

IAA members are invited to join us on September 4 at 1:00 p.m. for a call to discuss important regulatory and compliance considerations for the upcoming election season. Speakers from IAA Associate Member Debevoise & Plimpton will provide a brief overview of the rule and some common compliance foot faults, and will share their 8 important pay to play rule reminders.?