Comprehensive Compliance Solutions
Key Bridge Compliance provides customized, compliant, cost effective and efficient solutions to the mounting regulatory requirements facing RIA companies today
years of financial services experience
RIAs have chosen us
billion in assets our clients manage
Our mission is to empower RIAs to focus on their business and their clients
Key Bridge Compliance LLC was founded by a team of veteran compliance professionals dedicated to helping Registered Investment Advisers navigate the complex regulatory landscape.
With broad industry experience and a culture of continuous learning, we guide our clients past compliance-related risks every day. We also are dedicated to consistently outstanding personal service. We believe our clients should truly enjoy their interactions with us. We strive to become a trusted extension of every team we have the opportunity to serve.
At Key Bridge Compliance, our service-driven compliance professionals are passionate about partnering with entrepreneurs to provide tailored compliance solutions designed with extensive technical expertise to deliver optimal regulatory outcomes, leverage their existing resources, and empower them to accelerate the growth of their business.
Many RIA firms can achieve better compliance results through outsourcing for three primary reasons:
Compliance officers can perform at their peak surrounded and supported by others in their field. Compliance professionals thrive in a setting that fosters knowledge sharing, collegial support and advancement opportunities. Working as a cohesive unit we develop and share best practices, and apply them across our entire client base.
A cyclical compliance calendar makes efficient staffing nearly impossible. A dedicated CCO must be prepared for a heavy workload during critical periods, but at other times may be an underutilized cost center. And when the workload is most intense – e.g., during a regulatory examination – it is difficult to ramp up capacity temporarily.
Many in-house CCOs find it challenging to stay ahead of regulatory developments while working alone. They lack the perspective enjoyed by members of a team serving multiple RIAs. Our clients benefit from the reality that the new regulation vexing one firm today will likely impact the others before long.
Key Bridge Compliance offers three service levels:
Outsourced Chief Compliance Officer
A Key Bridge Compliance professional will serve as the named CCO on your firm’s Form ADV. Since the CCO is personally identified on the Form ADV, he or she will take on much of the risk associated with the CCO position.
Compliance Back Office Support
This service offers oversight of the compliance program, while an employee of your firm remains the named CCO. Key Bridge will oversee the monitoring and review of your firm’s compliance program, which will include periodic audits, compliance education and training, and regulatory filings.
No robots, just Humans
PART I: Addressing Recent OCIE Risks—Inadequate Compliance Resources
Author: Amy D’Avella This is the first in a series of blogs which will analyze the SEC’s Office of Compliance Inspections & Examination’s (OCIE) November 19 Risk Alert, titled OCIE Observations: Investment Adviser Compliance Programs. I. Context Since requiring investment advisers...
Risk Alert: OCIE Releases Risk Alert Targeting CCOs and Compliance programs
Coinciding with the SEC’s annual Compliance Outreach Program National Seminar, on November 19 the Office of Compliance Inspections & Examinations (OCIE) released a risk alert titled OCIE Observations: Investment Adviser Compliance Programs. This is the first risk alert in five years specific...
OCIE Risk Alert - Multi-Branch Offices
On November 9, 2010, the Securities and Exchange Commission’s Office of Examinations and Inspections released a risk alert titled Observations from OCIE’s Examinations of Investment Advisers: Supervision, Compliance and Multiple Branch Offices. With focus on compliance programs, supervision,...
The SEC Updates Form CRS FAQs
In the wake of an investigation by the Wall Street Journal showing that 20% of firms incorrectly stated having no disciplinary history in their Form CRS, the SEC updated its Form CRS FAQ on October 8 to clarify this particular reporting requirement. The FAQs illuminate questions 11 and 4 with the...
New Phishing Scheme Posing as FINRA
Author: Amy D’Avella Key Bridge Compliance has been made aware of a new phishing attack against both FINRA members and SEC-registered investment advisers. The phishing email appears to be sent from FINRA and attempts to elicit confidential firm information (see representative email below). We...
SEC Expands Definition of Accredited Investor
Author: Amy D’Avella Accredited investors are those the SEC deems sufficiently sophisticated to operate in riskier investment environments, such as private markets. This definition has long been limited to select entities and individuals who meet certain net worth requirements. On August 26,...
OCIE Cybersecurity Risk Alert
Author: Amy D’Avella On September 15, 2020, the Office of Compliance Inspection & Examinations (OCIE) issued a Risk Alert titled Cybersecurity: Safeguarding Client Accounts against Credential Compromise, warning of a type of cyberattack called “credential stuffing.” Using stolen...