Clearing the way for clients
Everyone, from client-facing advisors to ceos, needs to get the necessary training to be ready for CRM2
Organizational change isn't easy. But CRM2, in particular, requires an approach that is seamless
The new rules require a lot of number crunching and record-keeping. A variety of digital tools are now available
Many firms are developing guidelines and forms for advisors to talk to clients about the costs OF their investments
Discussions about fees will require a new approach under CRM2
The new regime will mean more data gathering, more written reporting and more in-depth conversations with clients
After a decade of push and pull between regulators and the industry, fundamental change is here
Daryl Charanduk shares tips that keep clients and regulators satisfied
Those who fail to comply with CRM2 could face discipline