8f. IA – Advisory Fee Billing: Risks and Best Practices (Intermediate - OPEN)
The SEC continues to signal the high priority placed on scrutinizing investment adviser fee billing practices with risk alerts addressing deficiencies found during regulatory examinations. Given this backdrop, it’s critical to consider best practices regarding investment advisory fees, including their calculation and disclosure. In this session, attendees will receive actionable guidance on how to improve compliance oversight of fee billing practices.
This session is closed to both regulators but closed to members of the press.
Learning Objectives
Learn about best practices for policies and procedures addressing fee billing, with respect to advisory contract management, valuation of assets, and fee reconciliation.
Understand commonly overlooked issues when it comes to fee billing (e.g., disclosures and contractual obligations relating to fee billing practices, billing on cash, margin, householding accounts, death of a client).
Develop tools for testing.
Learn about tools, including software and other technologies, that can enhance fee billing practices.
Review Risk Alerts and common deficiencies found by regulators.
Sponsored by:
