Compliance

COMPLIANCE ADMINISTRATION FOR INVESTMENT ADVISERS

Focus on managing your client relationships while Fairview supports you with back office operations. 

Fairview will support the operations of your compliance program so that required records, filings, screenings, client set-up and reporting are current and readily available.  Fairview has the capability of designing your compliance infrastructure or executing an existing compliance program.  Either way, Fairview makes sure that internal controls are built into your operations processes, making compliance features inherent to the culture of your firm.

With Fairview, you can count on innovative, streamlined back office operations and technology to help support your compliance program.  With our solutions, it is possible to grow your assets under management without investing in additional operational infrastructure.

WE DO COMPLIANCE DIFFERENTLY
We are your compliance partner, not a compliance consultant. We offer an ongoing, client-based solution.

WE DO THE WORK
Fairview performs compliance tasks and processes for its clients, transforming your compliance manual into a set of compliance operations which captures testing, recordkeeping, and reports on a secure, web-based platform. 

Our clients benefit from:

  • Real-time records
  • Continuous monitoring and testing
  • Detection and resolution of exceptions
  • Best practices
  • Preparation for inspection or due diligence

Turn-key set up and execution - customized to your firm:

    • Create compliance and code of ethics policies and procedures documents
    • Prepare Form ADV and register firm with SEC and notice file with states
    • Assign risks to each component of the compliance manual
    • Establish testing schedule using our Fairview Compliance Database®
    • Perform tests on compliance policies and procedures
    • Document test results and any actions taken 
    • Provide periodic/annual compliance reports on your compliance program
    • Create and upload required books and records
    • Update policies and procedures as necessary
    • Maintain registration documents going forward

Our Compliance Services Include:

Monitoring and Testing: Assign risks, periodically verify that compliance policies and procedures are being followed and find ways to improve processes. Conduct annual review of procedures on a rolling basis. Report test results and recommendations for improvements to management.

Code of Ethics: Review and retain trading activity for Access Persons and report potential exceptions to the Chief Compliance Officer (CCO). Maintain duplicate broker statements and pre-clearance requests on behalf of Adviser.

Marketing and Advertising Review: Help with updates and review of marketing pieces, RFPs and database requests. Maintain records of approved marketing materials.

Best Execution: Evaluate trading processes and broker-dealers against established criteria. Coordinate the retrieval of supporting documentation including trade errors, broker evaluations completed by internal trading personnel, financial statements and soft dollar benefits received. Prepare periodic summary report for internal management.

Anti-Money Laundering: Screen existing client base against databases such as the Specially Designated Nationals List (SDN) of the Office of Foreign Assets Control (OFAC) and EU and UN Sanctions lists.

Service Provider Review: Serve as liaison with key service providers (administrators, accountants, consultants, attorneys, etc). Help resolve issues and perform testing of critical functions.

Recordkeeping: Gather and organize client trading and reporting records so they can be easily accessed and searched through a secure customized website.

Update Required Documents: Track changes to compliance manual, code of ethics, Form ADV and other adviser documents. Coordinate the dissemination of updated materials to relevant parties.

Customize: Our services are not limited to this list.  We offer many client-specific services and will tailor a client's service package to meet their particular needs.