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The Ugly Truth About Broker-Dealer Compliance Every Financial Advisor Must Know (And How to Go RIA)... Most financial advisors dream of true independence...but broker-dealer compliance often gets in the way. 🔥New Episode Alert!!! Join us for an incredible episode of The Advisors Edge Podcast as host Rob Jacomen and co-host Chad Ramberg welcome industry veteran and RIA pioneer Charles "Chuck" Failla, CFP®, founder of Sovereign Financial Group, Inc and GoRIA.com. In this candid discussion, Chuck reveals why the traditional broker-dealer model might be holding your business back...and how going independent as an RIA can transform your career, client relationships, and financial future. What you'll learn in this episode: ✅ Why Broker-Dealer compliance could be quietly sabotaging your growth. ✅ The single biggest mistake advisors make when transitioning to an RIA (and how to avoid it). ✅ Goals-based vs. Cashflow-based planning: Why getting this right can skyrocket your value to clients. ✅ How Chuck scaled Sovereign Financial from zero clients to a leading RIA without cold calling. ✅ The simple decision-tree method to determine if you should build your own RIA or tuck into an existing one. This episode is your guide to true freedom as a financial advisor...don't miss it! ************ Special thanks to Box Professional Insurance for sponsoring our show...because great leaders have a backup plan they can depend on. Box Professional specializes in helping RIAs protect their businesses with tailored coverage, so you can focus on growing your firm while we handle the risks. Listen to the full episode on your favorite podcast platform and take the first step towards transforming your advisory practice today!👇

🔥New Episode Alert! "The Secret to Turning Every Conversation into a Loyal Client (Most Financial Advisors Miss This!)" feat. Derrick Kinney Join us for a game-changing episode of The Advisors Edge Podcast, where host Rob Jacomen and co-host Chad Ramberg sit down with Derek Kinney the bestselling author of "Good Money Revolution: How to Make More Money to Do More Good" to reveal the #1 silent business killer financial advisors don’t even realize is costing them clients. The best advisors aren’t just wealth managers...they’re business owners. And if your systems, messaging, and client experience aren’t dialed in, you’re bleeding revenue without even knowing it. Derek is here to show you how to stop the losses → fast. What You’ll Learn in This Episode: ✅ The hidden client experience mistakes that make advisors lose business. ✅ Why automation & messaging are the secret to scaling (without hiring more staff). ✅ How to turn conversations into clients—and keep them for life. ✅ The one tweak that instantly makes your marketing 10x more effective. ✅ The simple 3-step process to avoid burnout and keep your passion alive. ⚠️ If you’re a financial advisor who wants more clients, more revenue, and a better business, this episode is a must-watch and listen! If you’re working harder but not seeing the results you want, you need to hear this. 💬 Drop a comment below: What’s the biggest challenge keeping you from scaling your advisory business? ************ Special Thanks to Box Professional Insurance for sponsoring our show! Because great advisors have a plan...protect your business while you grow your firm. Box Professional Insurance is THE premier specialist nationally in helping RIAs, financial advisors, and wealth managers protect their firms with tailored insurance solutions, so you can focus on growth while we handle the risks. ************ If you found this valuable, hit LIKE, SUBSCRIBE, and DROP A COMMENT below! ❓What’s the biggest challenge you’re facing in your advisory firm? Let us know!

Managing Millions or BILLIONS AUM? Here’s why your Cyber Insurance might not be protecting you or your clients assets. Are you 100% confident in your cyber insurance coverage? In financial services, managing other people’s money creates unique risks. If a cyberattack or social engineering fraud occurs, who’s on the hook—you or your client? Many advisors think their cyber policy will cover client funds. Unfortunately, that’s often not the case. Cyber policies typically define coverage for first-party funds only (your business's money). To cover client accounts, you may need additional protection under a crime bond or fidelity bond. Here’s what a specialist broker does differently: 1) Analyzes your policies to ensure all key exposures are covered. 2) Prevents gaps and overlaps between cyber and crime coverage. 3) Helps you understand how insurance definitions affect your ability to recover losses. This isn’t just about having coverage—it’s about having the right coverage. In a crisis, every definition and clause matters. ❓Want a policy breakdown in plain English? Drop "CYBER" in the comments or send me a private DM, and I’ll walk you through what to look for. 👉 https://lnkd.in/erZURSXr

🚀 New Episode Alert: The Advisors Edge Podcast! 🎙️ "3 Genius Insurance Tips To Protect Your Advisory Firm: Insights from An Insurance Industry Veteran feat. Greg Severinghaus from Markel" We're thrilled to announce our latest episode featuring the insightful Greg Severinghaus from Markel! In this episode, co-hosts Rob Jacomen and Chad Ramberg dive deep with Greg into the world of insurance for financial institutions and uncover some critical insights that every advisor should know. Here are three key takeaways that stood out to us: 1. The Importance of Insurance in a Litigious Society One of the most striking points Greg made is that you don’t have to do anything wrong to get sued. In today’s litigious environment, even the best advisors can find themselves facing claims simply because a client lost money. This underscores the necessity of having robust insurance coverage in place. It’s not just a cost of doing business; it’s a vital safety net that protects your practice and your clients. 2. Proactive Risk Management Greg emphasized the value of having clear client agreements and over-disclosing potential conflicts of interest. By being transparent and intentional in your communications, you can significantly reduce the risk of misunderstandings that could lead to claims. Additionally, understanding the nuances of your insurance policy and ensuring it covers all aspects of your practice is crucial. This proactive approach not only protects you but also enhances your reputation as a trustworthy advisor. 3. The Value of Working with Industry Specialists The conversation highlighted the importance of partnering with insurance brokers who specialize in the financial services industry. A knowledgeable broker can help you navigate the complexities of insurance coverage, ensuring you have the right protections in place tailored to your specific needs. As Greg pointed out, the more your broker understands your business, the better terms and coverage options you’ll receive. We encourage you to listen to this episode for a deeper understanding of these topics and more! Greg’s insights are invaluable for anyone in the financial advisory space. 👀 Watch on YouTube: https://lnkd.in/dvcYKKFG 🔗 Listen to the Episode here: https://lnkd.in/dpxWVw-5 🔗 Listen on Spotify: https://lnkd.in/dWnBX5kd Thank you for tuning in, and as always, we appreciate your support! Let’s continue to elevate our industry together. 💪✨ Special Thanks to our Show Sponsor: Box Professional Insurance #AdvisorsEdge #Podcast #Insurance #FinancialAdvisors #RiskManagement #ClientProtection #Networking Box Insurance Agency Alchemy Content Lab Alex Williamson Ryan Closs