Red Oak Compliance (ROC)’s Post

The FCA has launched Phase 1 of its multi-firm thematic review on valuation practices in private markets (which was formally announced in its Asset Management and Alternatives portfolio letter back in March). Firms in scope of Phase 1 of this review have now been alerted of an upcoming questionnaire which the FCA will send out in July. If you are in scope of the FCA's review, please reach out to me or to your usual contacts in Kroll's Portfolio Valuations or Compliance Consulting teams to discuss how we can assist your Firm. #privatecredit #privateequity #alternatives #FCA #compliance

📢 Attention Asset Managers: Prepare for FCA’s Section 165 Requests 📢   September is now here, so asset managers, keep a look out in your inbox for the FCA’s mandatory information requests as we reported last month.   You'll need to provide detailed information on your business model, products, investor categories, and control frameworks, with a six-week window to respond. We will be working with our clients to answer those questions. We will share what we learn and what it tells us about the FCA’s priorities with all those that are interested !   So, If you get the e-mail from the FCA and need a sounding board or peer analysis prior to responding, then let us know either via your Judd consultant or email us at judd@juddadvisory.com 📧 Adam Palmer Danny Sims Mary Campion Aldora Lekgegaj #AssetManagement #FCA #RegulatoryCompliance #IndustryInsights

Watch my free 5 Levels of Asset Protection webinar 👉https://lnkd.in/gaauyfJZ #realestate #realestateinvesting #assetprotection #trust #estateplan #lawmother

Packed room and a packed agenda! Great to see so many people at the Kroll Alternatives and Asset Management Compliance and Regulatory Conference this morning and many thanks to all our speakers for making it such a great event. Apparently this was the "inaugural" conference... I think we're going to need a bigger boat! #Kroll #FCA #assetmanagement #alternatives #privatecredit #directlending #privateequity #PE #compliance #regulations

The FCA has initiated a comprehensive review of private market valuation practices, as outlined in the Asset Management and Alternatives portfolio letter from March 2024. The focus is on assessing the quality, robustness, integrity, and justifiability of these practices across multiple firms. For more information on this review, please visit: https://shorturl.at/u0HU5 If you need assistance or wish to explore how Kroll can provide support in this area, feel free to get in touch. #privatecredit #privateequity #fca #valuations #compliance #kroll

Exciting news! We are proud to announce that we’ve been recognized by Investment News magazine as one of the Top Independent High-Net-Worth Advisors in the Northeast! 🎉 The list is comprised of the top few firms with the best investment returns as determined by official SEC filings. From the press release, Investment News writes; “This prestigious group features the most innovative and industrious professionals at the industry’s leading edge, with a talent for risk management.” “These advisors display a commitment and skillset that has enabled them to make a profound impact in such a competitive market.” “Not only are they generating returns with their portfolios, but they have done so repeatedly, which has earned them their formidable reputation.” “All of those on the list have demonstrated evidence of their accomplishments with their official SEC filings, which IN has analyzed.” Thank you to our incredible team and clients for making this achievement possible! Here’s to continued success in the competitive landscape of wealth management. 🙌✨ #InvestmentNews #TopAdvisors #WealthManagement #FinancialSuccess #Teamwork https://lnkd.in/euTDPwng

INTEGRATE OUR ADVISOR RISK SCORING INTO YOUR ODD PROCESS We find firms performing Operational Due Diligence on 3rd party Asset Managers generally execute in one of 3 models - 1 - an internal ODD team - 2 - ODD outsourced to a consulting firm - 3 - a hybrid model involving both resources. Convergence provides a RISK SCORE utilizing 65 factors on all SEC Registered Investment Advisors. We can provide this CONTENT to all 3 models. We are not looking for you to outsource ODD - just looking for you to lever our proprietary content. Important to note that this data is provided INDEPENDENT of the Advisor and is done both pre and post Allocation. Can be refreshed monthly - quarterly or annually. We can also show you a correlation to firms with similar risks who faced an SEC fine/infraction. We tend to 'plug' in well to established ODD processes. #odd #riskmanagement #allocator

Sovereign Wealth Funds require robust financial models and accurate valuations to ensure effective asset management, risk mitigation, and long-term financial stability. Discover how a sovereign wealth fund client streamlined portfolio monitoring to effectively oversee newly acquired assets and drive value with Kroll's Valuation Advisory Services: http://ms.spr.ly/6048mEajM #FinancialModels #SovereignFund #Luxembourg

Navigating Private Equity: How Proactive Risk Mitigation and Consistency Positively Aid PE Firms and Their Portfolio Companies https://bit.ly/4gcGNX5

Exciting news! 📰 Kroll has been named as the Regulatory Advisory and Compliance Firm of the Year in Hedgeweek’s US Emerging Manager Awards 2024. This prestigious recognition highlights our excellence in regulatory and compliance consulting. Congratulations to our U.S. Financial Services Compliance and Regulation team for this outstanding achievement: http://ms.spr.ly/6047l6A6t Kroll's Financial Services Compliance and Regulation team has the technical expertise, a global perspective, and unrivalled experience that allows us to provide insights and solutions tailored to our clients specific needs, from start-ups all the way up to businesses operating at scale. We help our clients to identify and address risks, and avoid accidental non-compliance. This allows them to focus on business execution. Get in touch if Regulatory Compliance touches your business. #RiskManagement #Compliance #FundManagement #AssetManagement #SEC #VentureCapital #PrivateEquity #FinancialServices #Fintech