If your job is as an investment broker or a wealth advisor, there are many laws with which you must comply. In fact, the list can be overwhelming. If there is not a special person within your firm who oversees all levels of compliance, it may be all encompassing and time consuming to keep abreast of it.
If your firm is either too small or not willing to hire a specific compliance officer, you will need help with all the paperwork. Even keeping track of all the due dates of the various government and industry agencies that need compliance can be too arduous a task for you. You can manage your client load exceptionally, but compliance is not in your wheelhouse.
If you and your colleagues need to go outside your firm to get the help you need, you should consider hiring one of the compliance consulting firms in NY. These firms are specialists in assuring that investment brokers and wealth managers adhere to all the rules and regulations involved in compliance for their industry.
A company’s experience and past performance will be important in your choice of firm. You want an accessible firm that you can reach quickly and reliably. Time is money and you have none to waste.
You also need one of the compliance consulting firms in NY to keep you up to date with all the rule changes from each associated agency. Ignorance of the law will not be a successful defense for you.
To reach a dependable compliance consulting firm in New York, visit Quadrant Regulatory Group through their website.
