Building Deeper Advisory Relationships with Data

Building Deeper Advisory Relationships with Data

If you’re looking to form stronger advisory relationships, try turning your existing client data into a winning asset. According to a report from Broadridge, asset managers should integrate data and analytics into their marketing strategies in an effort to acquire talent, forge deeper relationships, and encourage retention.  Tim Kresl, Principal, Broadridge Financial Solutions, Inc., told…

FinReg Outlook: Clouds on the Horizon?

FinReg Outlook: Clouds on the Horizon?

Compared with 2018, a year fraught with hefty regulations such as MiFID II and GDPR, the 2019 regulatory outlook may seem tame – but that certainly doesn’t mean asset managers should let their guards down. “There are a number of significant regulatory issues on the horizon that asset managers should be aware of,” Sean Tuffy,…

Preparing for the Next-Gen Client Base

Preparing for the Next-Gen Client Base

Affluent millennials — defined as individuals born from 1982 to 2000 who have $100,000 or more in investible assets — are a nascent but quickly expanding population, and learning how to successfully engage them is of increasing importance to asset management firms. According to a recent study by Cogent Reports, more than a third of…

TAX & REPORTING UPDATE: AVOIDING FUND REPORTING TRAPS

TAX & REPORTING UPDATE: AVOIDING FUND REPORTING TRAPS

NICSA members gleaned valuable insights from a recent #WebinarWednesday primer on the 2019 tax legislation and reporting landscape. The discussion, which featured professionals from State Street and EY, provided an in-depth look at changes that will significantly impact asset managers. LAG Rule and Partnership Withholding Maria Murphy, Principal, Tax Services at Ernst & Young LLP, kicked…

Next-Generation Proxy Voting

Next-Generation Proxy Voting

As the industry continues to evolve through rapid advancements in technology, so do the tools funds can use to improve the accuracy, transparency, and efficiency of the proxy voting and solicitation system. “While mail — both hard copy and email — and phone calls are still important tools in engaging fund shareholders, we’re always striving…

Best Practices in Building a Global Compliance Program

Best Practices in Building a Global Compliance Program

In an increasingly globalized economy, investment firms must embrace a global perspective when it comes to compliance with regulations worldwide. But doing so is no easy task. “When implementing a compliance program in a global environment, there’s a number of challenges that organizations face, from standardization issues in terms of contractual agreements and practices to…

AI Trends with Traction

AI Trends with Traction

As we head further into 2019, artificial intelligence is uniquely poised to drive operational efficiencies, strengthen compliance efforts, and inform investment decisions in fund management. “There’s a lot of change going on in the world at large in terms of technology and human behaviors — and none more so than in the field of financial…

RULE 30E-3: BEST PRACTICES FOR NOTICE, ACCESS & E-DELIVERY

RULE 30E-3: BEST PRACTICES FOR NOTICE, ACCESS & E-DELIVERY

Earlier this year, the Securities and Exchange Commission adopted a new rule intended to modernize the delivery of fund reports. “At its highest level, Rule 30e-3 allows mutual funds to send shareholders a short notice alerting them to the issuance of a new shareholder report that is available on a website, instead of sending the…

Rethinking Product Development

Rethinking Product Development

“With the traditional, actively-managed 40 Act fund gradually losing market share, asset managers need to modernize their product development process to seriously consider emerging trends in retail, or advisor-sold, investment products,” said Loren Fox, Director of Research at Ignites, during a recent #WebinarWednesday session on product development. The discussion, which featured insights from FIS, MFS, and Wells…

The Bottom Line: Exploring the Benefits of Wellness in the Workplace

The Bottom Line: Exploring the Benefits of Wellness in the Workplace

The human element will become a critical asset in the workplace of the future, said David Atkinson, People and Organization Director at PwC, during a recent #WebinarWednesday on  employee wellness. Atkinson moderated the event, which featured a panel of forward-thinking experts from Franklin Templeton Investments, Invesco, and MFS Investment Management. The session allowed attendees to…

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