Boston Compliance Associates

ACCESS TO COMPLIANCE AND LEGAL SOLUTIONS
FOR INDEPENDENT INVESTMENT PROFESSIONALS

Since 2009, Boston Compliance Associates has provided boutique compliance consulting services to state and SEC registered investment managers. We have successfully guided clients through the regulatory examination process with tangible results. Our track record of no-comment examination letters speaks for itself.

Boston Compliance Associates delivers the tools and knowledge guaranteed to translate into a successful compliance program. From start-ups to medium size established firms, we provide big company solutions at an affordable price.

Your success is our business!

PRACTICE AREAS

OUR VISION

At Boston Compliance Associates, we are dedicated to empowering small and mid-sized SEC registered investment managers by providing top-notch customized solutions to ensure your compliance program success. Our passion for providing comprehensive regulatory support to investment advisors, financial planners, institutional managers, private fund managers and other new and established registered investment management firms, motivates us to deliver exceptional service specifically tailored to each firm's unique regulatory needs. Our business model and pricing strategy provide a comprehensive compliance and legal solution for those seeking regulatory peace of mind.

Each compliance engagement includes an experienced compliance consultant and an investment management attorney at no additional cost. With evolving regulations and changing laws, we provide you with the expertise of experienced, reputable professionals to position you and your business for success.

EXPERIENCE YOU CAN TRUST AND COUNT ON: We serve a wide range of SEC registered advisory firms, including financial planners, high-net-worth advisors and family firms, institutional managers, and advisors to mutual funds and private investment funds. Our clients’ AUM ranges from under $100 million to over $100 billion.

Our process includes an initial compliance assessment of your current program, followed by a detailed written report highlighting areas of improvement. We then assist you and your team with remediation of deficiencies and improving compliance policies, practices, supervision and controls. We provide ongoing compliance support to maintain and further enhance the quality of your program.

We look to establish a long-term relationship with clients so that we can get to know their business and better serve their needs. We make the regulatory maze comprehensible for investment professionals. We seek to become an integral part of the client’s business team and provide support needed to expand the business.

CUSTOMIZED SOLUTIONS: Our approach takes into consideration each client's resource constraints and overall business needs. All solutions are customized to each client's specific regulatory needs and budgetary requirements.

PRICING: We do not believe in pricing gimmicks that require you to pay more for various levels of ongoing regular compliance support. At Boston Compliance Associates we only have one level - ALL-INCLUSIVE.

Services

We offer cost effective solutions tailored to your business needs. We provide hands-on regulatory support as you work towards maximizing your business goals in a compliant manner. Our focus is supporting investment professionals find their way through today's complex regulatory maze.

Exceptional service and value for the independent investment professional!

Compliance Baseline Assessment

Evaluate current compliance program
Identify deficiencies and areas of improvement
Deliver comprehensive written report
Assist with remediation
Review best practices

ERISA, AML, CFTC/NFA,
Data Privacy

Compliance with related laws relevant to investment advisors, including;

ERISA fiduciary duties
AML/CFT program
CFTC/NFA registration and regulation for CTAs and CPOs
Exemptions from CFTC regulation
Regulation S-P and state data privacy and security laws

Comprehensive Ongoing Compliance Support

Day-to-day CCO support
Develop, revise CCO Checklists
Conduct Annual Compliance Review
Annual compliance training
Vendor due diligence
Risk Assessments (Firm, IT)
Cybersecurity

Periodic Compliance Audits, “Mock Examinations”, Examination Support

Conduct Rule 206(4)-7 Annual Compliance Review
State law compliance review
Additional Audits focused on specific areas.
Preparation for regulatory examinations (SEC, State)
Conduct Cybersecurity regulatory review

Regulatory Filings & Examination Support

Filing of Federal/state filings in IARD system
Filing of forms and reports in SEC’s EDGAR system: e.g., Form 13G, Form 13F, Form 13H, Form N-PX, Form PF
Form D for fund private placements

Supporting New Regulations and Business Initiatives

Keeping CCO and staff updated on changes in the law and regulations
Integrating new requirements into the compliance program
Mapping out additional compliance policies and procedures as the business expands into new areas
Compliance program for pooled investment vehicles

Compliance Training

New Advisor Registration

Legal Support

Annual Comprehensive Compliance Training for all personnel
Additional training also available on specific areas, e.g., advertising, cybersecurity
Online training courses available

Guiding new firms through the formation and registration process
Form ADV, Form CRS, state forms
Design compliance program, including customized Policies and Procedures Manual and Code of Ethics, CCO checklists, Privacy Notice, Business Continuity Plan and other disclosure documents

Securities attorney available to respond to day-today legal questions as part of Compliance Service offering
Additional legal support available at preferred rates. Sample legal services listed below

DAY-TO-DAY RESPONSES TO LEGAL QUESTIONS ARE INCLUDED WITH OUR COMPLIANCE SERVICES.‎

Enhanced Legal Solutions for Investment Advisors, Financial Planners, Hedge Funds & other Investment Managers
Available from attorneys within the Boston Compliance Associates network at negotiated rates for our clients.

ADDITIONAL SAMPLE LEGAL SERVICES:

Entity Formation: Organization, charter, operating agreement, state corporate filings.

Regulatory and Corporate: Advice regarding complex or specialized topics under the Federal securities laws and SEC rule, FINRA rules, state securities laws, general corporate matters.

Contracts: Drafting and reviewing client agreements, employee and contractor agreements, and third-party vendor contracts (including brokerage, custody, IT, data retention, administration, NDAs, etc.).

Fund Formation, Offering, Operation: Organization and offering of §3(c)(1) and §3(c)(7) hedge and private equity funds, collective investment funds, offshore funds, and other pooled investment vehicles.

Private Placements: Regulation D offerings of interests in private funds, including preparation of draft offering materials.

CFTC/NFA: Exceptions from CPO and CTA registration; compliance with regulations for registered commodity trading advisors and commodity pool operators.

ERISA: Advice on fiduciary activities of advisory firms; QPAM status; compliance with PTEs.

Advertising and Marketing Issues: Use of historical and model performance data; compliance with testimonial and endorsement requirements.

Working pledge: "Our unique business model ensures that our work product, ongoing client support and pricing strategy is the best value in the industry. Guaranteed." Tina Petruzziello, Founder & Compliance Principal

Our Team

Meet the dedicated individuals behind Boston Compliance Associates. With a passion for excellence, we are committed to providing top-notch services to our valued customers.

Tina Petruzziello

Founder, Compliance Principal

Tina has over 30 years of experience in financial services in various capacities including sales, technology and project management with 20+ years focusing on compliance and regulatory solutions. Her clients have included hedge funds, investment advisors, broker dealers, financial planners and state government.

Tina's prior experience includes holding the following positions: Compliance Vice President at Bank of America, Senior Compliance Consultant at Protiviti and Deloitte and Touché. During her eight years at Fidelity Investments, Tina held various positions including Operations/Fund Accountant, Mutual Fund Sales, Stockbroker, Technology Business Analyst, and Senior Compliance Consultant. Tina has also organized industry conferences and learning seminars for industry leaders. She also co-manages one of the largest regulatory communities for compliance and legal professionals via LinkedIn.

Tina co-authored Massachusetts Data Protection Law article which was published in 2010 and keeps abreast of state and Federal regulations and requirements. She also assisted in providing detailed analysis and policy recommendations to Federal regulators regarding questionable mortgage investment practices at select financial services organizations, contributing to Title IV of the Dodd Frank Act.

Tina has spoken at various industry conferences including Schwab's Compliance11 Regional Conference, TradePMR National Conference, NAPFA National Conference, Thomson Reuters Accelus Regional Conference.

Tina received her Bachelor's Degree from Northeastern University and earned a Master's in Business Administration from Boston University.

David Rozenson,

Legal Counsel and Senior Consultant

David is an investment management attorney with over 30 years of experience representing a wide range of financial institutions, including investment advisors, hedge funds, mutual funds and closed-end funds, banks, trust companies, ERISA administrators, and software firms. David has acted as chief legal officer of funds and counsel to funds’ advisors and distributors. He also has his own law practice focused on securities regulation and financial services.

He works with investment advisory firms and funds in all stages of their development and operation, including organization and registration, private offerings, trading, and compliance with Federal and state securities laws. He is a former Associate General Counsel of Bank of America and Columbia Management Group and was an associate attorney at Dechert. He has written about developments in financial regulation and spoken at industry events about new developments.

David is a member of the Massachusetts Bar and of the Boston Bar Association He graduated magna cum laude from Brown University and received his Juris Doctorate cum laude from Boston College Law School. He is a three-time Jeopardy winner and participated in the Tournament of Champions.

ASSOCIATES:

Geoff Chalmers, Esq.is an attorney and FINRA-licensed compliance supervisor. He is engaged in private practice in Boston, MA, as a securities law specialist and broker-dealer – investment adviser compliance consultant. He is a member of the bar in Massachusetts and New York and also holds FINRA Series 7, 24, 63 and 65 licenses. Geoff has over 40 years of experience and specializes in legal aspects of public and private securities offerings, including hedge funds, venture capital firms and emerging companies. He counsels a number of brokerage firms, investment advisers, banking and other financial institutions on securities law and compliance issues.

Dalkis D. Muir, Esq. received her LL.M., in Banking and Financial Law from Boston University School of Law, JD/MPA from Suffolk University Law School, and her B.S from Salem State University. She is admitted to the Massachusetts bar. Dalkis is a member of the National Society of Compliance Professionals. Prior to establishing the Dalkis D. Muir Law Offices, Dalkis worked at a law firm in Boston with a specialized practice in corporate and securities law. She has extensive experience in corporate, securities. Dalkis has experience in drafting private placement memoranda and related documents for Regulation D, Rule 506 offerings of equity and debt securities, and prepared Blue Sky law filings. Her background also includes developing private securities offerings both onshore and offshore, and drafting various types of agreements.

Deborah Pransky provides broker dealer compliance and operational consulting services that include FINRA broker-delear registration, FINRA Continuance in Membership Applications, Anti-Money Laundering (AML) Independent Testing, Rule 3012 Written Supervisory Policies and Procedures Testing, Regulatory Risk Assessment Reviews, prepare and conduct Annual Compliance Meetings, prepare Continuing Education for Firm Element and AML Training, Financial and Operational Consulting for Form BD, and Branch Office Audits. Deborah has over 30 years of Broker Dealer operational and regulatory experience and is a recipient of the FINRA President's Award. She has a Bachelors of Arts, Economics from Rutgers and a Masters in Business Administration from Northeastern University.

Contact Us Today!

Whether it's a new client inquiry, clarification on a rule or talking to a professional about your regulatory needs, we would love to hear from you.

Please submit your inquiry below.

1309 Beacon Street, Suite 300

Brookline, MA 02446-5242

Main Office: 617.274.5744

Mobile: 617.201.9471

info@bostoncompliancellc.com