Posts by Essential Edge Compliance Outsourcing Services, LLC

Tuesday Tips Step 2: Assess the Risks Not all risks are created equal — so why treat them that way? Once you’ve identified your risks, it’s time to dig deeper. Step 2 of our risk assessment process is all about understanding how likely a risk is to occur and how severe the impact could be.…

Tuesday Tips Step 3: Control Measures Identify it. Assess it. Now — control it. Step 3 of the risk assessment process is where strategy meets action. Once risks are understood, Essential Edge helps organizations put practical, cost-effective controls in place to minimize their impact. Effective control measures include: 🔹 Oversight — keeping a watchful eye…

Tuesday Tips At Essential Edge, we see compliance as essential to the securities business — empowering clients to confidently separate strong opportunities from potential challenges. To give you an overview of our process, we’ve created this 6-part series identifying each of the steps we take to help you ensure that your firm remains compliant, while…

Each year, the Securities and Exchange Commission (SEC) publishes their annual examination priorities to encourage firms to direct their compliance efforts in these areas. As part of the 2026 examination priorities released on November 17, Chairman Paul Atkins stated that the announcement should give firms time to prepare for dialog with examiners on the report’s…

Investment advisory firms generally have done a good job of maintaining compliance with securities laws while working remotely since the beginning of the Covid-19 pandemic. But strong markets may be hidingproblems, and firms are facing challenges in keeping records of electronic communications, experts said. “It’s actually working pretty well,” said Sander J. Ressler, co-owner and…

Presenters Brian RubinPartnerEversheds Sutherland Sarah Razaq SallisAssociateEversheds Sutherland Sander J. ResslerManaging DirectorEssential Edge Compliance Outsourcing Services, LLC Adam SchaubVP, Platform Product ManagementRegEd, Inc. Overview While branch oversight has changed significantly during the COVID-19 pandemic, regulators, including FINRA and the SEC, continue to expect firms to administer effective programs for overseeing branches and supervised individuals. This…

Mark Schoeff Jr. Probably the biggest change to U.S. business culture during the pandemic was that most Americans worked from home rather than going into the office. For brokerages, that shift ushered in remote office inspections, something the industry wants to see continue. The Financial Industry Regulatory Authority Inc. allowed remote supervision from the beginning…

Wirehouse Advisors Exploring Independence Increasingly Worried About Potential Compliance Needs, Seeking Cost-Flexible Solutions  Julius Buchanan, Managing Editor, Wealth Solutions Report It’s officially the middle of the year, when summer barbeque parties are getting into full swing, kids with too much free time on their hands are driving parents crazy and big family vacation trips are…

How RIAs and dual registrant enterprises can create and maintain best-in-class tech platforms The wealth management industry’s embrace of technology has reaped many rewards, including creating scale, driving efficiencies, and optimizing client outcomes. Research validates what anecdotal evidence suggests and what financial professionals see every day: According to Cerulli, technology use within a practice has…

Most firms place a limit on advisors’ sales of alternative investments to clients in the neighborhood of 10% a customer’s net worth. A broker registered with Centaurus Financial was suspended this week from working in the securities industry for four months when regulators found he had put as much as 91% of a client’s net worth into illiquid alternative investments.…