A compliance program is a requirement of various federal and state laws and is essential to protecting your clients and you; however, with IAA, oversight and implementation of the compliance program is handled by us. Our compliance officer supervises all advisory offices by requiring the use of our electronic systems, thereby creating a virtual office to which IAA has constant access.
We review and retain all communication, handle all filings, and accommodate the regulatory audits. All you have to do is properly submit documents and communications, continue to honor your fiduciary duty, and maintain high ethical standard both personally and professionally. By centralizing compliance oversight and building it into the daily activities of advisors and the home office you will have freed valuable hours that you can now spend with clients and growing your business.
Taken all together we believe this leads to more than merely a compliance solution, but a practice management solution. By using the tools in the Direct Service Portal interface you save time and money because everything is at your fingertips. You can access client applications and send files electronically, pay less postage and make fewer trips to the post office.
By joining The Investment Advisor Alliance you outsource both administrative and compliance work at a reasonable rate. The IAA stays abreast of all regulatory requirements and interpretations so that we can comply with all regulations. Further, we communicate new findings in a timely manner so you can make any adjustments needed in your daily activities.
Through our electronic systems, you submit all communications for review; upon approval the document is filed in the document filing system where only top level administrators have the ability to modify the files and you can view them at anytime. In addition to the acceptance, review, and storage of documents normally in paper form, The Investment Advisor Alliance records, retains, and reviews all email communications as required by regulations. Professionals are available to assist in setting up the proper client configurations. If you have any further questions about compliance and what is required please call us at 800-607-3340.