Joot Blog

Stay up to date with perspectives, news and updates pertaining to investment management technology, legal, compliance and more.

Overhaul Your Privacy Policy, Part 2: Elements of a good privacy policy

Jan 24, 2020 1:00:00 PM / by Charles Black posted in Privacy, Security, Consumer Protection Act

Like most legal documents, privacy policies are fairly bland , and, let’s be honest, few people read them. But the recent enactment of the California Consumer Protection Act (“CCPA”) has Joot fielding privacy policy questions from clients and service providers alike. In our previous post - Is it time to overhaul your privacy policy and notice? - we discussed whether your firm must comply with the CCPA. Today, we spend some more time focusing on the elements of a good privacy policy.

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SEC Exam Priorities 2020

Jan 17, 2020 11:15:00 AM / by Charles Black posted in SEC, SEC Examinations, SEC Updates

The SEC’s Office of Compliance Inspections and Examinations (“OCIE”) announced its 2020 examination priorities on January 7, 2020. OCIE releases this list on an annual basis in order to provide the industry with insights into areas it may focus on thorough the examination process. All the priorities listed on the 2020 list were also on the 2019 list, with some new additions. Which makes us wonder if anything will ever be taken off the list, or if there will just be new additions? Only time will tell.

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Is it time to overhaul your privacy policy and notice?

Jan 10, 2020 10:45:00 AM / by Bo J. Howell posted in Privacy, Security, Consumer Protection Act

California recently passed amendments to the California Consumer Protection Act (“CCPA”), which took effect on January 1, 2020! Under the CCPA, investment advisers that are located in or have clients in California may need to update their privacy policy and notices to comply with the new law.

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Joot Interview Series - Episode 8

Dec 17, 2019 11:15:00 AM / by Bo J. Howell posted in SEC Examinations, Interview, Compliance Testing, Charles Black

In this final part of our third Interview (Part 1, Part 2). Bo Howell continues his discussion with Charles Black about the DO's and DON'Ts of SEC Exams.  Charles brings over 17 years of experience in the financial services industry to provide great tips and insight on what to do when the SEC calls.

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Diversity & Inclusion: Steps Forward in the Asset Management Industry

Dec 12, 2019 11:40:00 AM / by Dina Tantra posted in Investment Advisers, Investment Managers, Dina Tantra, Diversity

Foreword by Bo Howell (July 2020)

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Joot Interview Series - Episode 7

Dec 10, 2019 11:30:00 AM / by Bo J. Howell posted in SEC Examinations, Interview, Charles Black

This is Part 2 of our third Interview (Part 1). Bo Howell continues his discussion with the newest member of Joot, Charles Black about SEC Exams.  Charles brings over 17 years of experience in the financial services industry to provide great tips and insight on what to do when the SEC calls.

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Rise of the Machines, Part 3: How big data is changing more than just portfolio management

Dec 5, 2019 11:30:00 AM / by Bo J. Howell posted in Compliance, Technology, John Simmons

Introduction 

By Bo Howell 

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Joot Interview Series - Episode 6

Dec 3, 2019 2:00:20 PM / by Bo J. Howell posted in SEC Examinations, Interview, Charles Black

In our third Interview, Bo Howell speaks with the newest member of Joot, Charles Black, to discuss SEC Exams.  Charles brings over 17 years of experience in the financial services industry to provide great tips and insight on what to do when the SEC calls.

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Rise of the Machines, Part 2: Changing Portfolio Management

Nov 21, 2019 12:30:00 PM / by Bo J. Howell posted in Guest Author, Technology, FinTech, John Simmons

Introduction

By John Simmons

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Joot Interview Series - Episode 5

Nov 19, 2019 11:30:00 AM / by Bo J. Howell posted in Podcasts, Mark Baltimore, Interview

Welcome back to our second Joot interview.  We’re excited to continue delivering helpful content and thought leadership to you. This week’s edition is Part 2 of 2 (about 15 minutes).  You can listen to Part 1 here.

In this episode, Bo Howell, CEO of Joot, speaks with Mark Baltimore , Co-CEO of Global Rhino.  They discuss trends in distribution and what asset managers should expect over the next five years. They also discuss how there are different themes and distribution models in the US versus Canada, Europe, and other markets. Topics include:

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Joot Interview Series - Episode 4

Nov 12, 2019 12:00:00 PM / by Bo J. Howell posted in Podcasts, Mark Baltimore, Interview

Welcome to our second Joot interview.  We’re excited to continue delivering helpful content and thought leadership to you. This week’s edition is Part 1 of 2 (about 15 minutes). In it Bo Howell, CEO of Joot, speaks with Mark Baltimore , Co-CEO of Global Rhino , about why distribution is so hard to get right, why distribution is not just sales, and the steps that asset managers should take when developing a distribution plan (hint, don’t lead with product development).  They also discuss:

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Rise of the machines, Part 1: How increased automation in financial services impacts society

Nov 7, 2019 1:00:00 PM / by Bo J. Howell posted in Artificial Intelligence, automation, John Simmons

Introduction

By Bo J. Howell

Recently, I read some articles in The Economist newspaper that talked about the increasing use of computers in asset management. While the topic is not new to those of us in the industry, I thought of our recent intern, John Simmons, who is graduating from Xavier University next month and is focused on becoming a portfolio manager. I wondered what skills does John need today to be successful in twenty years. It dawned on me that unlike college graduates of prior generations, who only needed a solid grounding in finance along with basic computer skills, John was probably going to work with machines in ways that are unknown to many of today’s portfolio managers. 

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