Posts by Essential Edge Compliance Outsourcing Services, LLC

WSR Honors Essential Edge, Intention.ly, Lone Willow Advisors And Seward & Kissel In Its Third Annual Recognition Of Specialist Firms In this third annual installment of the Top Wealth Management Professional Services Firms, WSR again honors the specialists who support the wealth management industry with a unique skillset, merging expertise from adjacent fields into the…

How Can Financial Advisors Best Support Clients As Severe Market Volatility Continues? Financial markets hate uncertainty. And while a healthy period of “what’s next?†is to be expected whenever new leadership takes over in Washington, this year – at least so far – has delivered a higher than average spike in market anxiety. Even as…

Crypto’s Resurgence Prompts Multiple Strategic, Operational And Legal Considerations Talk about a roller coaster ride of relevance!  Over the past few years, crypto has gone from the next big thing, to the next big bubble about to burst, only to regain a high degree of relevance for the wealth management industry once more. With that…

When the SEC’s Division of Examinations released its 2025 examination priorities in October 2024, the U.S. elections were about two weeks away. As we begin the new year, President Trump’s appointees are in the midst of the Senate confirmation process, including Paul Atkins, his pick for SEC Chair (replacing the recently departed Biden appointee, Gary…

Evidence suggests, and consensus concurs, that the independent RIA model represents the future of wealth management. Data shows that RIAs have enjoyed strong growth over the last ten years, and expectations are that these entities will control almost a third of all advised assets in less than three years.  This RIA growth trend, and I’m…

It’s October: that time of year when anonymous, often scary creatures turn up at your doorstep in search of spoils. For IT specialists overseeing their firm’s cybersecurity, this scenario can play out 24/7/365, not just on Halloween. As regulators deploy broader guidelines and cybercriminals become increasingly adept at circumventing barriers, guarding against breaches is a…

C-Suite Execs From Essential Edge, CogniCor And Docupace Address The Potential And Challenges Of AI In Wealth Management “Everything Everywhere All at Once.†The title of the Oscar-winning blockbuster is also an apt description for the rising prevalence of artificial intelligence (AI) within the wealth management space. While AI has been leveraged in the industry…

Launched Earlier this Month, Family Office Resource Group Seeks to ‘Disrupt’ the Industry In recent years, a growing cavalcade of advisors have sought to increase their appeal among ultra-high-net investors. It doesn’t take a genius to figure out why.  For one, such clients represent an enormous opportunity that, if handled properly, could shift the fortunes…

When industry watchers talk about evolution in the wealth management space, they often are referring to technological transformation impacting how business is conducted, for both providers and consumers of these services. Technological innovation, for all of its “wow†factor, is a double-edged sword that can – and should – elicit an “ugh†factor as well.…

In-person seminar marketing, long a staple of financial advisors’ organic growth strategies, seemed down for the count during the pandemic and the subsequent move to all things remote. Despite the ease and cost savings of holding online webinars, however, many advisors have gone back to hosting live events.  The rationale is simple, in-person seminars are…