Approved IAR CE Courses

This course is intended for investment adviser representatives, and provides an overview of the Wisconsin Division of Securities Administrative Code section 5.06 "Prohibited Conduct." Section 5.06 addresses dishonest or unethical business practices of investment advisers in Wisconsin, and contains 25 subsections. This course will review in detail each of these subsections, explain their purpose, and give examples of past enforcement actions taken by the Division against investment advisers who violated the rule.

This course explores how ethical obligations and regulatory expectations shape portfolio construction for investment adviser representatives. Topics include balancing client objectives with suitability standards, risk disclosure, and managing potential conflicts in model portfolio strategies.

This course is designed to present some basic details regarding digital assets, including theadvantages and disadvantages of this asset class. By providing background information and defining key terms, readers will gain greater insight into the digital asset market. The course will also cover the tax implications of using digital assets and the different positions taken by variousregulators as they apply their rules and regulations on digital assets.

Digital Assets & Web3: Compliance Considerations for RIAs provides investment professionals with the tools to understand, evaluate, and navigate the rapidly evolving world of digital assets. Through the chapter Navigating Digital Assets & Crypto, the course explores the unique characteristics of cryptocurrencies and other Web3 products, their associated risks, and the regulatory considerations shaping their use in advisory practices. Participants will learn how to assess suitability, mitigate compliance challenges, and align recommendations with fiduciary responsibilities when working with digital asset investments. This course equips advisers with practical strategies to responsibly incorporate emerging technologies into client portfolios while maintaining regulatory and ethical standards.

In this continuing education session, learners will review 2 Nerd Eye View blog articles: Using Digital Estate Planning Platforms To Complement Attorney And Advisor Roles and Seeking Best Execution: Understanding The SEC's Expectations For Advisors To Deliver Best Outcomes For Clients. In the first article, David Haughton provides an overview of digital estate planning platforms, including their beneficial applications for clients and limitations. David then discusses the concept of the unauthorized practice of law and how advisors can mitigate ethical and legal concerns associated with digital estate planning platforms. In the second article, Chris Stanley explains the fiduciary duty of investment advisors in relation to the best execution of client securities transactions. In this article, SEC expectations, guidance from the 2018 Risk Alert, and directed brokerage arrangements are discussed.

We live in a digital world. Our entire life is becoming stored online in the cloud, but very few people understand or plan for what this means from an asset transfer, management, and ownership standpoint. What happens to your emails, passwords, photos, and websites when you pass away? Honestly, it really depends on your level of planning. Most states now require you to do affirmative planning in order to pass on these assets to your heirs or to allow others to access the information. Failure to do such planning could leave your assets tied up forever in the cloud, unavailable to business partners or loved ones, causing tremendous hardship and financial damages. So learn the rules around digital asset ownership, transfer, and how to set up a digital asset estate under the new law RUFADAA.

In this continuing education session, learners will review 2 Nerd Eye's View blog articles: 6 Discovery Meeting Questions To Find Clients' (Real) 'Why' And Set Goals That (Actually) Resonate and Helping Clients Understand When They Have Enough Retirement Savings To 'Coast FIRE' (And Keep Working Without Necessarily Contributing More). In the first article, Meghaan Lurtz, Ph.D., FBS, explores why early financial planning conversations often fall flat when advisors rush into structured goal-setting without first addressing a client's emotional state. She emphasizes the importance of timing and vision-building, showing how meaningful, motivating goals are best developed after initial stressors are acknowledged and trust is established. In this article, Adam Deusen, CFP' describes an alternative to the traditional early retirement movement: Coast FIRE, illustrating how to identify interested clients and practically how to address the financial and psychological risks associated with Coast FIRE.

This course provides an overview of diversification as an aspect of investment strategy. Thepurpose and benefits of diversification are outlined, as are specific types of diversification, such asdiversification across asset classes or sectors of the economy. The role of correlation in properlydiversifying is covered, including how the usefulness of diversification changes at different levelsof correlation. The course discusses the limitations of diversification, including overdiversificationand the inability of diversification to eliminate systematic risk. Common diversification myths areidentified and challenged. The course covers practical considerations such as strategic vs. tacticalasset allocation, the core-satellite method, and rebalancing.

There are financial and ethical issues that planners need to understand when working with clients in the midst of divorce. We'll look at financial and tax concerns, addressing these without practicing law, ethics in working with an existing client couple who goes through divorce, and what planners can do to help without violating those ethics. We'll also touch briefly on the practice management issues and ethical issues of incorporating divorce consulting into a practice.