Guidance Materials
Advisor Annual Notification Delivery Options
Advisor Annual Notification Delivery Options Every year, Mutual Advisors, LLC (“Mutual”) is required to provide investor clients with an annual notification that identifies whether or not any material changes have been made in the last 12 months to ...
How to View Regulatory Mailing Lists
How to View Regulatory Mailing Lists Mutual Advisors, LLC (“Mutual”) has a responsibility to send certain regulatory notifications to investor clients at least annually. There is an annual requirement to send any material changes to Form ADV, Form ...
Over-Concentration Holdings Acknowledgement Letter
Over-Concentration Holdings Acknowledgement Letter Many advisors have at least one client who holds an overly concentrated position in a single security. Often this is due to low cost-basis that makes selling the security a major taxable hurdle to ...
Advisor - IAR CE Enrollment in RegEd
Accessing RegEd Via Power Portal You can access RegEd via the Power Portal by clicking on the SSO link to RegEd. Enrolling In/Accessing IAR CE Courses 1. Click on IAR CE Dashboard in the left panel 2. Click close on the notification window that ...
SEC Investor Bulletin: Leveraged and Inverse ETFs
SEC Investor Bulletin: Leveraged and Inverse ETFs (PDF attached below)
Risk Assessment Questionnaire Form
Attached is the Risk Assessment Questionnaire form.
Reverse Churning Policy Guidance
Reverse Churning Policy Guidance What is the Reverse Churning Policy? Mutual Advisors, LLC (“Mutual”) requires that every client be assessed to determine if there is any trading in a client portfolio within a 12 month period. This assessment is ...
Orion Risk Intelligence Scenario Guide for Mutual
Orion Risk Intelligence Scenario Guide for Mutual Overview Orion Risk Intelligence (“ORI”) utilizes various economic scenarios to back-test portfolios to assess upside potential and downside risk. Mutual’s Compliance Team utilizes a specific subset ...
Risk Monitor Calculation Guide
Risk Monitor Calculation Guide Important Terminology: · Risk Assessment Questionnaire (“RAQ”): This is a series of questions that the client answers to help identify their emotional response to risk. Mutual Advisors, LLC (“Mutual”) leverages a ...
Other Risk Assessment Systems
Other Risk Assessment Systems Mutual Advisors, LLC (“Mutual”) utilizes Orion Risk Intelligence (“ORI”) as the primary system to conduct risk monitoring. Within ORI is a Risk Assessment Questionnaire (“RAQ”) that is a 10-question questionnaire. Other ...
Risk Monitor Policy Guidance
Risk Monitor Policy Guidance What is the Risk Monitor Policy? Mutual Advisors, LLC (“Mutual”) requires that every client be taken through a Risk Assessment Questionnaire (“RAQ”). The RAQ is designed to assess a client’s emotional response to risk, ...
Obtaining Fidelity's Available Mutual Fund List
In order to ensure you are purchasing mutual funds that do not assess a 12b-1 fee, please view the attached instructions on downloading a current Mutual Fund list from Fidelity so that you can verify the expense information for any funds you are ...
Obtaining Schwab's Available Mutual Fund List
In order to ensure you are purchasing mutual funds that do not assess a 12b-1 fee, please view the attached instructions on downloading a current Mutual Fund list from Schwab so that you can verify the expense information for any funds you are ...
Advisors' Custody Guidance
Custody Guidance Inadvertent Custody The SEC describes taking custody of client assets as an advisor who holds, directly or indirectly, client funds or securities OR who has the authority to obtain possession of them. This last part of the definition ...
Updated Disclosure Guidance
Updated Disclosure Guidance INTERACTIVE ANALYSIS TOOLS (Ex: Hidden Levers or Riskalyze) Many interactive analysis tools utilize hypothetical or back-tested performance to provide a comparative analysis of a client or prospect’s existing portfolio ...
Testimonial Usage Guidance
Testimonial Usage Guidance WHAT IS THE DIFFERENCE BETWEEN A TESTIMONIAL AND ENDORSEMENT? A testimonial is any statement by a current client advised by the investment adviser: · About the client or investor’s experience with the investment adviser or ...
The Advertising Rule Policy Guidance
The Advertising Rule Policy Guidance Many of you are aware of the impending deadline for the new Advertising Rule (“the new rule”). As of November 4, 2022, all registered investment advisers must be prepared to comply with all aspects of the new ...
Block Trading FAQs
Block Trading FAQs What is Block Trading? Block trading is the act of aggregating multiple trades together to obtain an average price. Why should an advisor conduct block trades for a client? Advisors who are buying or selling a certain equity for ...
Pre-Clearance of Personal Trading Guidance
Pre-Clearance of Personal Trading Guidance WHAT IS THE CURRENT POLICY? Our current policy states that advisors must pre-clear any personal reportable securities transactions if the same security is being traded by clients on the same day, it is not ...
Block Trading Guidance
Block Trading Guidance ADVISOR-INITIATED TRANSACTIONS VS CLIENT-INITIATED TRANSACTIONS Advisor-initiated transactions are those transactions that are a result of a decision made by the advisor on behalf of the client(s), such as a decision to buy or ...
Retirement Account Comparison Matrix
ERISA Plan Rollover/IRA Transfer Comparison Matrix Rollover Comparison IRA Transfer Comparison No Comparison Required [1] Advisor presents all the distribution options (including pros and cons of each) for a retirement plan account, including a ...
The Advertising Rule FAQs
The Advertising Rule FAQs [Effective November 4th] What is the new definition of “advertising?” Advertising is now being defined as any direct or indirect communication that offers an advisor’s services regarding securities to prospective clients or ...
Rollover and IRA Transfer Comparison FAQs
Retirement Rollover or Transfer Comparison FAQs What is new regarding DOL PTE 2020-02 as it relates to rollovers? There are two major changes to rollovers with the new rule: 1) Any new rollover recommendations will require that the client MUST ...