Published on Oct 15th, 2020 |

Think you can handle your entire Compliance Program all by yourself?

Here are the Top 5 misconceptions with Compliance that YOU need to know:

  1. It is easy to implement and comply with regulations
  2. Compliance is essentially Business Prevention
    • This is wrong as Compliance is business protection!
  3. Compliance hinders profits
    • Ensures company is up to date and is in good standing eliminating risk
    • Good reputation can lead to an ample amount of business
    • Gaps can be identified in processes and controls that reduce the costs of any potential errors that could have occurred
    • Compliance departments will help with making strong decisions and helping appeal more to potential customers
  4. A checklist will help you become Compliant
    • Great starting point, but no guarantee to become compliant off of a checklist
    • Key is to tailor your business needs and regulatory requirements by establishing your privacy obligations and developing a compliance program
  5. Once you achieve Compliance there is nothing needed to be done on your end
    • Financial businesses are constantly escalating with complex changes occurring frequently
    • It is important to stay on top of these changes and not stay complacent upon achieving Compliance

 

Since 2004, Vigilant has been the leader among regulatory compliance consulting firms; uniting regulatory compliance, legal, financial expertise and now paving the way to the Market for our clients.

Scroll down below to learn how we can provide value to YOU and help execute on these common misconceptions with Compliance.

 

Want to know how we can provide YOU value?

Vigilant has the perfect balance of scale, expertise, and discretion to deliver bespoke solutions with personalized service to their financial firm clients

Here are the Top 5 reasons that Vigilant can provide value to YOU:

  1. Industry-best practices that can define the future of your business
  2. We help provide the in-depth analysis and strategic planning you need to succeed
  3. We offer a 5 Step Matrix System that lets you choose the service(s) that are right for your business
  4. Comprehensive compliance training is provided by Vigilant, tailored to standard and company-specific solutions
  5. Vigilant can assess current, existing, and potential risks to you and your company

Here at Vigilant we offer quality services:

Outsourced Chief Compliance Officer Services:

  • Vigilant provides outsourced CCO services for broker-dealers and investment advisers, including full-service compliance programs, tailored to specific needs
  • Vigilant also provides outsourced CCO services for 40 Act Funds too

Investment Adviser Compliance:

  • We provide the in-depth analysis and strategic planning you need to succeed
  • Our 5 Step Matrix System lets you choose the service(s) that are right for your business

Investment Adviser Training:

  • Vigilant Compliance provides comprehensive compliance training tailored to standard and company-specific solutions

Mutual Fund Compliance:

  • Our 5 Step Matrix System is an outstanding resource for mutual funds that require experienced compliance oversight
  • Vigilant Compliance provides mutual fund leaders with the knowledge they need to stay in compliance in today’s complex regulatory environment

Private Equity and Hedge Funds:

  • Vigilant can identify potential conflicts of interestdevelop compliance programs for complex transactions and perform counter party reviews
  • You can also complete required Code of Ethics training, and resolve SEC inquiries

Exchange-Traded Funds (ETF Compliance):

  • Vigilant has extensive experience working with SEC Registered Investment Advisers who manage ETF products, as well as manage the compliance program for ETFs
  • Vigilant will provide your firm with all of the appropriate policies and procedures

Broker Dealer Compliance:

  • Vigilant provides multi-dimensional, sophisticated consulting services, and outsourced Chief Compliance professionals for new and existing broker dealers
  • Vigilant can also support your CCO
  • 5 Step Matrix System can provide your broker dealer with everything from simple advisory services to comprehensive regulatory staffing and support
  • We also offer Broker Dealer Registration as well

Outsourced Financial Operations Services:

  • Vigilant can provide your broker dealer with an outsourced financial operations principal (FINOP) who helps your member firm meet its strategic goals

Cybersecurity Solutions:

  • Vigilant can assess current, existing, and potential risks to you and your company
  • Vigilant provides outsourced Cybersecurity Services for your firm to mitigate cyber risks and attacks

RIA Registration:

  • Vigilant provides comprehensive RIA registration services, including drafting application forms, developing policies and procedures, and responding to regulatory comments

Mock SEC Exam:

  • This program will prepare your firm and employees for an SEC exam through live examination conducted by Vigilant, which mirrors the key procedures followed by the SEC

 

Who we are:

Vigilant is a full-service Compliance Firm servicing the regulatory needs of a diversified range of investment management clients.

Since 2004, Vigilant has been the leader among regulatory compliance consulting firms; uniting regulatory compliance, legal, financial expertise and now paving the way to the Market for our clients.

To learn more about who we are, click here!

 

The Vigilant Team is always happy to schedule a time to chat, feel free to contact us with any questions!