Investment Advisor Compliance

ACI works with investment advisors and dual registrant advisors to develop customized compliance programs that consider the firm's size, structure, and business model. Our compliance outsourcing services are designed specifically to meet your investment advisor compliance needs and promote investor confidence in capital markets and your business. Investment advisor compliance programs should be developed and maintained using a risk-based approach.

Investment Advisor Compliance Services 

Investment Advisor Registration: SEC Registrations & State Registrations  
ACI works with our investment advisor clients to manage their Investment Advisor Registration including the entitlement process for access to IARD, registration of the firm's Investment Advisor Representatives (IARs), guidance on examination requirements for IARs based on the state(s) of operation and intended business lines, development of an investment advisor compliance program with compliance documents to show that an adequate compliance program is in place, training of the firm's Chief Compliance Officer (CCO), and completion and filing of the Form ADV I, ADV II, Applicable Schedules, and Notice Filings.

The NEW ADV Part 2
ACI is working with new and existing clients to create the New Form ADV Part 2 in the plain english narrative format as required by the SEC by March 2011 by verifying the information the existing ADV II and transferring that data into a narrative document that can then be used as a draft for inclusion of the new disclosures and additional requirements for the New ADV 2 under investment advisor compliance requirements.

Compliance Infrastructure Development
ACI works with investment advisors to develop integral compliance documents such as the firm's Business Continuity Plan / Disaster Recovery Plan, Code of Ethics, Policies and Procedures (including Insider Trading Policy and AML Procedures), Privacy Policy, Advertising and Marketing Materials, etc.

Compliance Reviews & Audits
ACI can complete the annual AML Audit for the firm as well as the Annual Compliance Review. In conjunction with the Annual Compliance Review, ACI can also conduct the annual update of the From ADV.

Compliance Continuity Checks
ACI can conduct a risk assessment of your existing compliance program  to discover and rectify gaps and inconsistencies between procedures and practices in key risk areas. We can also update procedures to develop processes that will minimize operational risks. ACI conducts Mock SEC Exams to help Advisors prepare and improve their compliance programs.

Compliance Outsourcing
ACI can work with the CCO to oversee the implementation of your compliance program. Maintaining a compliance program can be a daunting task for a CCO or even a team of compliance professionals. For ongoing support in maintaining your existing compliance program, ACI can assist by providing ongoing consulting support, quarterly onsite reviews, and assistance with performing annual requirements and updates.


Regulatory News regarding Investment Advisor Compliance
Update of Custody Rules for Investment Advisors
Investment Advisor Registration Requirements