Margaret Ellison, advisor (synthetic persona)Senior advisor, founder and executive practice, New YorkAbout $820M across 183 households; four relationships above $50M; 7 of those households are in this prototypeWho's who

Reg BI review

Recommendation evidence. The care-obligation reviewer: basis, reasonably available alternatives, costs, and why this client, before a recommendation is released.

Agent read or preparedYou decide or sendClient said or holds

Recommendation evidence · ran on every proposal

I read each proposal as it is released for Margaret Ellison against 1 rule. Nothing fired and nothing fell under a confidence floor.

Read a policy into this desk

How I got there

1. AgentRead each proposal as it is releasedCadence: on every proposal.
2. AgentApplied 1 rulesRecommendation without a documented reasonable basis
3. AgentRaised what fired and what I was not sure ofA rule under its confidence floor reaches a person even when it clears.
4. YouLeft every disposition to a personI never clear my own findings.

Before a recommendation is released, check the care-obligation record is complete: basis, alternatives, costs, why this client.

Reads: Every proposal before it reaches a client
Checks: Recommendation without a documented reasonable basis
Prepares: a hold until a principal decides; a task with an owner
Runs: On every proposal
Never: Never sends, never clears its own finding, and no advisor can switch it off or loosen it without a principal.
How: 1 rule, each a stated condition over facts computed from the book; under a rule's confidence floor, or without the source it needs, it asks a person rather than clears.
Built on: SEC Rule 15l-1, Regulation Best Interest

Read a written policy into it

ClearRunningReg BIOn every proposal. Last run on every proposal.

Rules this desk watches (1)

Each rule is data: a stated condition over facts computed from the book, the settings a layer may tighten, what the desk prepares when it fires, and the text it is built on with where that text stands in law today.

Recommendation without a documented reasonable basis

Block

SEC · SEC Rule 15l-1(a)(2)(ii), care obligation · firm-mandatory

Fires when: it is a recommendation and alternatives considered is under 2 or not: costs are compared or not: the basis is recorded
Settings: Reasonably available alternatives on record: 2 (bounds 1 to 10, stricter is higher)Reg BI requires reasonably available alternatives, not all of them. The rule does not itself mandate documenting the analysis; this is the firm's evidence standard.
Prepares: a hold until a principal decides; a task with an owner
Needs: Custodian positions and trades
In law: In force since June 30, 2020, the Regulation Best Interest compliance date.
Source: SEC Rule 15l-1, Regulation Best Interest
Today: Nothing fired.

Change this rule

Findings it raised

None open.

Tune this desk for Margaret Ellison

Editing asA lower layer can only tighten; a refused change stays in the log.

AgentReg BI review

Recommendation evidence · The care-obligation reviewer: basis, reasonably available alternatives, costs, and why this client, before a recommendation is released.

Running

Reg BI

On every proposal. 1 rule, 1 evaluable with what is connected.

Recommendation without a documented reasonable basis

Why the desks are data, and what an advisor layer may change

Each desk is one entry in the agent catalog: the human team it mirrors, the authorities it applies, the rules it watches and its cadence. Adding a desk is adding an entry. An advisor's layer can switch a desk on, run it more often or give it another rule of its scope, and every change is an entry in the same change log the rules use, replayable to any past moment. It cannot switch a desk off, slow it down or take a rule away: the same tighten-only invariant the rule set has, enforced in the resolver and shown on the desk when an attempt is refused.

Teach this desk a policy

Paste or drop a written supervisory procedure. The reader turns each sentence that carries an obligation into a candidate rule in the same shape the engine runs, cited to the sentence. You add the ones that say what the firm meant; each is in force on the next sweep and lands in the change log in your name.

What the reader does

Keeps only sentences with an obligation: must, may not, is required.
Matches the facts the engines compute, by the words a policy uses for them.
Reads the number and the comparator beside each fact.
Takes severity from the verb: a prohibition blocks, a review flags.
Cites the rule the sentence cites, or the paragraph.

This is the deterministic reader. In production a model reads the sentence more freely; it still only proposes, and what it proposes is still this data.