Mainstay Capital Markets Consultants, Inc. can provide your company with professional and cost effective alternatives to maintaining or developing a full time compliance staff.
Outsourcing allows your staff to focus on your core business and bottom line.
Mainstay provides a comprehensive outsourcing solution designed to promote efficiency and enhance your firm's business. We combine the expertise of our consulting staff with an affordable fixed monthly fee. Our staff offers the knowledge and experience that has been acquired during successful careers at the SEC, FINRA, Broker Dealers, Investment Advisors, and Banks. Simply choose the level of service you want, and allow your staff to focus on growing your business.
The Financial Services Industry currently faces strategic and competitive challenges as complex regulation and requirements evolve. These regulations and requirements place tremendous demands on Investment Advisors and Registered Representatives. We understand that Broker/Dealers, Investment Advisors and Registered Representatives are professionals who are trying to do a very difficult job under difficult circumstances. These difficulties come in many forms including an ever-changing regulatory environment, less than cooperative markets, a litigious plaintiff’s bar, and a demanding client base with high expectations. We believe our role is to provide the guidance and services that enhances and protects our client's businesses. We are committed to working closely with each of our clients and pride ourselves on developing long lasting relationships.
Contact us and we will provide a proposal based on the size, scope and complexity of your operation.
Investment Advisor Service Menu
|KEY COMPLIANCE FUNTIONS – OUTSOURCED|
TESTING OF BUSINESS CONTINUITY PLAN
Initial/Annual Code of Ethics Certification
Compliance manual -review adequacy of policies and
procedures; include review of any regulatory
or firm audits
BEST EXECUTION/BROKER SELECTION PRIVACY
Review of privacy safeguards
Annual delivery of privacy statement
Custody Compliance - Firm
Custody Compliance - Individual
ADV - Parts 1&2
Annual offer of ADV & Schedule H Brochure
Check state notification requirements for IAR
Check RIA registration in states
Renew registration of firm & representatives
13F, 13d, 13g
Check for annual review of client suitability
Review performance reports
Check for activity matching investment
Review storage methods; back-up system
Review statements for custody reconciliation
Reconciliation of bank statements
Financial Records -general ledger
Check order tickets; review trades
INITIATION OF ADVISORY RELATIONSHIP
Check state registration
Delivery of disclosure documents
AML documentation Written Agreement
EMPLOYEE INITIAL CERTIFICATION (COMPLIANCE)
INITIAL CODE OF ETHICS CERTIFICATION
TRADE ERROR REVIEW
AML SUSPICIOUS ACTIVITY REPORTS
ADVERTISING/COMMUNICATION WITH PUBLIC
GIFTS & ENTERTAINMENT
LIST OF ACCESS PERSONS
FORM FILINGS -13d, 13g, 13f
CHANGES IN DOCUMENTS
Code of Ethics
Access to Compliance On Call's Service/Information Desk (Call In Service)
Discount on Consulting Services Through Mainstay Capital Markets Consultants, Inc.