Compliance.Network Podcast
Based in South Florida since 2014, Compliance.Network brings a unique and diverse expertise to the financial and regulatory industries. Representing local and international clients throughout Latin America, Compliance.Network is the gateway to the Americas for foreign, financial institutions that have a presence in the U.S. or strive to establish one. When your firm partners with our team of experts, you will be free to dedicate more time and effort to growing your business. You will feel peace-of-mind, knowing that your regulatory matters are in the accomplished hands of our incomparable professionals.
Compliance.Network Podcast
EP #9: Navigating Financial Waters - FINRA's Role in Investor Protection
Ready to safeguard your financial future? Kevin Rowe pulls back the curtain on FINRA—the Financial Industry Regulatory Authority—and reveals critical insights every investor needs to know before trusting someone with their money.
The financial landscape has never been more complex or dangerous. Market volatility, increasingly sophisticated investment products, and innovative fraud schemes threaten your hard-earned assets. Fortunately, FINRA provides powerful protections and resources, including BrokerCheck, a free tool that exposes disciplinary actions and customer complaints against financial professionals.
Confused about the difference between investment advisors and broker-dealers? You're not alone. Kevin clarifies these crucial distinctions, explaining how investment advisors typically provide holistic financial planning with continuous fiduciary responsibility, while broker-dealers focus on facilitating specific transactions. Understanding these differences—and the varying standards of care they must provide—could save you from disastrous financial decisions.
Fee structures represent another potential minefield. From asset-based management fees to transaction commissions and trail fees, Kevin demystifies how financial professionals get paid and highlights potential conflicts of interest. He provides practical advice for conducting due diligence: "Investing isn't something you should be doing with your mortgage money," Rowe cautions, while emphasizing the importance of understanding your risk tolerance and financial goals.
Whether you're a seasoned investor or just starting your financial journey, this episode delivers essential knowledge to protect your assets and secure your future. Check your financial professional's background today using the resources mentioned in this episode, and make sure your money is in trustworthy hands.
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