“The best way for most advisors to deal with compliance is to really integrate it into the overall operations and workflows of the business. So identifying how you service your clients, how you maintain information, how your systems work, and essentially aligning a lot of those business activities with the normal operational flows of your business. Then in addition to that, there’s obviously regulatory items that must be done, and those are the items that, you know, are often most thought of from a compliance standpoint. But we really like to make sure that firms are handling both of those so they’re, you know, institutionalizing their processes and really weaving them into the fiber, their business, and then that covers a majority of the compliance and risk management.”
– Chris Winn, Chief Executive Officer, Advisor Assist
Advisors have had a long-standing love-hate relationship with SEC and FINRA compliance over the years as the practice of advisory has become an industry and a career. Chris Winn, of Advisor Assist, an outsource compliance advisory firm, shows us how we can learn to love compliance if we just build it into our business and our corporate culture, because it can actually provide guidelines for not only good corporate behaviors, but can save us time, headaches and a ton of money over time. Tune in to this information packed half hour to see how that could work for your practice . . .
Chris founded AdvisorAssist in 2006 to provide comprehensive support to elite advisory firms seeking independence and risk-managed growth. Chris has over 26 years of industry experience and has served in numerous operations, compliance, and leadership roles. AdvisorAssist has established over 1,600 registered investment advisors with the U.S. Securities and Exchange Commission and all 50 state regulators.