Announcement

Are you going to Ignite?  If you are, we would love to have you join us for our PJ Advisor Group dinner on Thursday night at the Disney Contemporary Resort.  Please click on the button below if you are attending so we can get an accurate headcount. Note: guests are also welcome!

Compliance News

• It’s true.  Starting this year, Cambridge’s Firm Element Program will be eliminating the Firm Element course requirements.  Yah!  This change is being made possible by the new annual FINRA Regulatory Element CE course and Cambridge’s Annual Compliance Meetings.
• Best Interest Analysis (BIA). On the BIA form, in section 7A (Current Account Fees and Expenses) there are three choices that require you to provide some additional information on page 3 in the Note’s section.  If you select any of the three choices in section 7A, additional formation is required.
  • Advisory Program Fees – include note with advisory fees client is currently paying.
  • Solicitor Fees – if qualified account, include the solicitor fees in Notes section.
  • Made best efforts… – state what attempts were made by yourself and/or client(s) to obtain fee/expense information.

Reminders about Social Media

Posting on social media can be a fun experience and a great way to target your clients.  In addition to its popularity, many posts typically do not require pre-approval by Cambridge now.  Before you get too crazy and start posting things like “My OSJ Team is so Awesome”, please review the helpful information below to better guide you on meeting the requirements of posting.

Items that need to be pre-approved:

• Testimonials
• Endorsements
• Advertising an Award or Ranking or other Achievement
• Instant Message/Text Templates
• Anything that needs a disclosure
• Video or audio content posted elsewhere and then shared on Social Media such as podcasts.

Items not allowed to be used:

• Promissory Images (pictures of money, gold etc.)
• Statements such as
  • We’ll grow your wealth 
  • Our team will make sure you retire successfully 
  • Invest protect grow
• No ghost written content no broad recommendations
• No Facebook Reviews and Ratings
• No Instagram DM (direct messages)
• No group polls
• No reels

Upcoming Events 

2023 Ignite – September 20-23 | Gaylord Palms Resort | Orlando, FL – Register

2024 PJ Annual Conference – April 21-23 | Tempe Mission Palms | Tempe, AZ  – RSVP HERE

Cambridge Virtual Events – For information on Cambridge’s virtual webinars, please visit this link.

Helpful Resources

• PJ Disclosure CHECKLIST – HEREUpdated 2/13/23
• PJ Disclosure CHART and Resources – HERE Updated 2/13/23
• DOL Requirements FAQs – DOL FAQ’s
• Terminating a Client – Guide and Sample Letter
• Vulnerable Client Documentation Process – Click here
• Diminished Capacity Documentation Process – Click here
• Vulnerable Client Intake Form – Click here