Page 10 - Investment Advisor December 2022/January 2023
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EDITOR’S NOTE
By Janet Levaux
Looking Back, Moving Ahead
We would like to thank he past year included market volatility and, needless to say, downturns.
At the same time, though, many industry conferences started meeting in
all of our readers for Tperson again, and some other pre-pandemic routines returned. Similarly
their continued support there was bad news and good news in the advisory world when it comes to regulatory
of this publication developments and industry shifts.
We highlight all of this in this month’s cover story, “2022: News of the Year.” Of
and its sister website course, this piece cannot include all the key headlines of the past 12 months or so. We
ThinkAdvisor in were able to squeeze in the news about Envestnet’s plans to enter the RIA custody
field, but we didn’t describe the end-of-year implosion of crypto-empire FTX —
2022, and also which rippled into the Bitcoin futures market, for example.
Also in this issue, The Fast Track columnist and consultant Angie Herbers
express our gratitude describes some winning formulas for strong organic business growth: “An advisory
to our contributing firm’s data is one of its most valuable organic growth tools. Protecting that informa-
columnists and writers. tion and using it for the firm’s exclusive benefit give it a serious competitive advan-
tage,” she writes.
Meanwhile, The Playing Field columnist and Washington Bureau Chief Melanie
Waddell describes what advisors should keep in mind when it comes to compliance
with the Securities and Exchange Commission’s new Marketing Rule, which kicked
in Nov. 4. Peter Hong, a partner at Stradley Ronon Stevens and Young in Washington,
suggests that if advisors’ policies and procedures do not satisfy the SEC’s require-
ments, they should “hold off on disseminating advertisements and suspending any
third-party referral arrangements that started after the effective date of the rule”
until they’re able to comply.
Finally, we would like to thank all of our readers for their continued support of
this publication and its sister website ThinkAdvisor in 2022, and also express our
gratitude to our contributing columnists and writers. We also greatly appreciate the
strong interest and participation of many firms and individuals in the second-year of
our industry recognition program, the LUMINARIES.
As we describe in a short feature story about the program and this year’s win-
ners, the structure and characteristics of the LUMINARIES “enable us to showcase
the powerful steps advisors, leaders and firms are taking to positively impact the
industry and the wider community in which it operates.” We congratulate the 2022
winners, who “serve as an inspiring standard for the advisory business by providing
powerful and replicable examples of what, why and how the industry can excel, and
what it takes to produce dynamic and far-reaching results.”
GROUP EDITOR-IN-CHIEF
8 INVESTMENT ADVISOR DECEMBER 2022/JANUARY 2023 | ThinkAdvisor.com
