- Form ADV. The Investment Advisers Act and relevant state registration laws require advisers to file an accurate and truthful Form. Our professionals will perform a full review of your firm’s organizational structure, potential conflicts of interest, supervisory oversight, and investment advisory activities, activities of related persons, regulatory history, and compliance practices. With this information, we can revise and update Form ADV to be accurate in all material respects.
- Compliance Policies & Procedures. Multiple laws may apply to your advisory business, e.g., Advisers Act, Regulation S-P, state securities laws, 1933 Act, 1934 Act, and rules and regulations promulgated thereunder. Our knowledgeable and experienced consultants can draft and/or amend compliance policies and procedures to assist your compliance with such laws.
- Risk Assessment. Risk assessments and internal control reports capture the full inventory of compliance risks, and assign a risk rating for each compliance risk. This helps guide the drafting of written policies and procedures.
- Compliance Program Design. Our Investment adviser clients range from state registrants with only separate account clients to multi-billion AUM advisers with both separate account and private fund clients, and everything in between. We will make sure compliance program is tailored to fit your business.
- Compliance Testing. MCS can perform compliance monitoring and forensic testing required by your compliance policies and procedures, or to otherwise test certain aspects of your compliance program.
- Annual Compliance Review. MCS can perform the annual compliance review required by Rule 206(4)-7 of the Advisers Act and prepare the associated report regarding the adequacy of your compliance policies and procedures, and the effectiveness of their implementation. MCS’ reviews conform to guidance published by the SEC for the conduct of 206(4)-7 reviews.
- Marketing & Advertisement Reviews . MCS can analyse all your advertising materials (including websites, blogs, and social media) to ensure compliance with the advertising rule (as modified by SEC guidance) and state laws. As part of this, MCS can draft necessary disclosures to advertising materials to assist in complying with your obligation to provide disclosure of all material facts.
- Regulatory Examinations. In the event an SEC or state examination, MCS can provide on-site assistance serving as a contact for the regulators, participating in calls and meetings, assisting with document requests, as well as drafting responses to deficiency letters and regulatory inquiries.
- Mock Exams. Because our Compliance Consultants are well seasoned professionals with in- depth SEC and state examination knowledge and experience, we and they can conduct a mock examination of your advisory business, including interviews with key personnel, reviews of relevant documents and testing, and prepare a written report of our findings. We will gather the requested documents, review the documents for completeness, and organize these documents in SEC or state examination formats.