It’s never been more challenging to prevent compliance deficiencies. Regulators are looking at more aspects of your firm, more closely. We’ll help you avoid deficiencies altogether. Today’s regulatory environment is robust, aggressive, comprehensive – so are our services.
“The mock audit conducted by FrontLine Compliance was significant in preparing for our eventual SEC exam. We believe this advanced preparation struck a chord with the SEC – they halted their exam early!”
We’ll pressure test your compliance and supervisory systems before they’re put to the real-world test, and specify detailed changes to prevent violations. Our detailed forensic analysis mimics how SEC examiners perform their work and as former examiners ourselves we know exactly how to connect the dots.
“A talented group that offers the advantage of former regulatory insiders – it’s expertise we value in today’s heightened regulatory environment.”
Annual Compliance Review
Only a package of services designed specifically for your business will give you the peace of mind in knowing your firm will meet its rule requirements. Our Rule 206(4)-7 and Rule 38a-1 annual reviews are SEC tested. Our clients have never had a comment from the SEC on their annual review process. In this case, no news is good news.
“Being able to rely on real experts in the field gives me a lot of confidence in facing an exam as well as in the strength of our program and conducting our annual review…”
Policies and Procedures
Let FrontLine Compliance’s experts keep all your policies and procedures up to date and in compliance. We review and update our clients’ Compliance Manual at least once a year, plus we create new policies and procedures as needed. Our Compliance Manuals exceed required standards of customization, unlike the often-seen boiler plate manuals that cause deficiencies. FrontLine Compliance has only received positive comments from the SEC on its Compliance Manuals and written policies and procedures produced for its clients.
With new SEC rules always in the works, having a go to source to keep your firm’s compliance policies and practices in line with regulatory expectations is a must have.
“Our largest institutional investor loved the compliance manual that FrontLine Compliance drafted. They loved how it was customized versus the boiler plate manuals they see from ACA, etc. I told them that’s why we chose FrontLine!”
SEC registered investment advisers must now be in compliance with the new marketing and solicitation rule, amended Rule 206(4)-1 of the Advisers Act. Our marketing and advertising regulatory experts will make sure that your firm and its employees are in full compliance with the rule’s requirements and prepared for SEC exams. View our Marketing Rule Services.
Customized Compliance Programs
We only create custom SEC compliance programs: off-the-shelf won’t cut it. We create specific and comprehensive written policies and procedures that will be the core of your compliance program. From there we train, implement and help you execute it all.
Whether you’re in the office or working remotely, let our specialized Outsourced Remote Program services ensure you’re effectively managing your compliance program at all times, in any location. View our Outsourced Remote Program services.
Comprehensive Adviser Programs
Our ’40 Act experts know exactly how to create strong investment adviser compliance programs. We cover all the rule requirements that are specific and meaningful to your business; no boiler-plate here.
Risk Management Programs
We know risk comes in many forms: conflicts of interest, new regulations (liquidity risk protocols for mutual funds, new Reg BI, etc,.) or a new line of business or product offering. We partner with you to identify and mitigate risks so your clients and investors are protected.
“FrontLine offers guidance on areas where my knowledge is weaker…and has updated me both on what the SEC seeks and on market and industry practices. So FrontLine offers both knowledge and solutions!”
Customized, specific training for your firm’s CCO, compliance and business staff is part of every one of our services — it’s a comprehensive but invaluable difference between us and other consulting firms. This close collaboration with our clients, combined with regular and thorough communication, helps them improve their core competencies while achieving compliance at the same time. If you’re looking for custom designed formal training, we can do that too.
Our customized training services include:
Web-based platform that includes recorded presentations, reporting, and employee reminders
Presentations include Founder and President Amy Lynch as moderator and select FrontLine experts
Topics are customized by firm business model, regulatory hot topics, and high-risk areas
All training presentations include an employee quiz to test employee knowledge and participation
Annual Compliance Training for Rule 206(4)-7 or Rule 38a-1 compliance
Ethics Training under NFA Rule 2-9
Training for newly registered firms and their employees
All required documentation in accordance with Rule 204-2 of the Advisers Act
FrontLine Compliance is your partner in training to help you prove your firm is in compliance and meeting its regulatory requirements.
We painstakingly design audits specific to the product, department, supervisory structure or rules that necessitate the need for the audit in the first place. Our forensic approach drills down to identify the issue or concern while our experts then determine the right solution for your business model. For example, firms in acquisition mode need to know what risks are presented by target entities; our FrontLine experts perform specific compliance due diligence audits to discover and mitigate those risks. By hiring FrontLine these firms avoid adding new audit staff, increasing investment in technology or missing opportunity costs, while complying with regulations.
Our ESG Audit Services will bring your firm up to speed with all current and pending ESG regulation. To learn more, view our ESG Audit Services.
“Amy Lynch and her firm provide high quality work that is carefully customized for each client. This is not a cookie-cutter shop throwing the same off-the-shelf service to everyone.”
SEC Registrations and Filings
Intimately understanding the forms, filings, updates, deadlines and preparation nuances probably isn’t one of your core business functions. But it’s one of ours, which frees up your time to do what your new firm or your existing one is in business to do. From Form ADV Parts 1-3, to Form PF for advisers, to CTA/CPO filings; FrontLine’s expert staff handles it all with ease:
Form ADV filings – SEC registered investment advisers’ annual filings are due March 31st, other filings may be needed for material changes such as new Part 3 for Form CRS
Form PF filings – Private funds must file either a quarterly or annual form dependent upon firm size; annual filings are due April 30th
CTA/CPO filings – both annual and quarterly filings are required for pooled investment vehicles
And for initial registrations, our services get you registered fast and in a compliant manner that will pass regulatory scrutiny. Several of our newly registered clients received “no further action” letters upon their initial SEC exam. Just two percent of all firms receive that response. Don’t you want to be part of the 2 percent?
“We hired FrontLine Compliance for our SEC investment adviser registration. The firm’s consultants are extremely responsive and they demonstrated a thorough knowledge base with a regulatory insider’s point of view.”
The real value of our decades of first-hand knowledge of compliance rules and regulations is the strategy-driven application of our knowledge, specifically to your business operations. It’s no coincidence that with expert strategies in place, our senior consultants will be your single-best resource. Examples: Reg BI had firms scrambling to update disclosures and supervision practices in time for its deadline. We successfully guided insurance companies and retail advisers through the transition. Plus, our Regulatory Response Services guide investment advisers through tough SEC exams. Our experienced staff of former regulators are in your corner (and in your office) precisely when you need us most.
We’ll get your senior management, compliance, legal, operations and sales/marketing focused and on the right path. We’re ready to strategize. What are your questions?
“Tapping into the “regulatory experts” at FrontLine Compliance was crucial to our compliance improvements following our SEC exam.”
Working with FrontLine Compliance gives us a true partner in compliance–seasoned consultants who fully understand how to mesh our specific business with the regulatory requirements.