Financial Institutions
Succeeding in the retirement plans market is challenging. We can help.
Fiduciary Law Center delivers comprehensive and actionable solutions to financial institutions on all aspects of regulatory compliance and enforcement, technical conduct and governance issues, and the development and administration of specialized financial products, as well as with merger and acquisition deals, joint ventures, co-branding, and white label arrangements involving other financial institutions.
Our attorneys have deep knowledge of the financial services industry, and have represented investment advisers, investment companies, banks and trust companies, broker-dealers, and many other industry participants across a broad spectrum of matters. We help financial institutions succeed amidst constant regulatory change and technological disruption by bringing together our integrated capabilities with years of experience and familiarity with the industry.
We regularly counsel broker-dealers and investment advisers in the structuring, formation, and development of their firm; registration with the SEC, FINRA, and states; membership issues; supervision, conduct, and internal controls; anti-money laundering; capital requirements; sales practices; ERISA and Department of Labor Regulations (DOL); Regulation Best Interest; research; trading practices and trade reporting; pay-to-play restrictions; and insider trading.
Fiduciary Law Center offers comprehensive and actionable solutions to financial institutions, including:
Regulatory Guidance & Defense
- Broker-Dealer and Investment Adviser compliance and risk management
- Bank and Trust Company compliance and risk management
- SEC examinations, investigations and enforcement proceedings
- FINRA examinations, investigations and enforcement proceedings
- DOL examinations, investigations and enforcement proceedings
- State regulatory examinations, investigations and enforcement proceedings
- Mock examinations, audits, and investigations
Development & Operations
- Registered Investment Adviser formation and compliance
- Broker-Dealer formation and compliance
- Retirement plan service agreements for banks, broker-dealers & RIAs for multiple services and multiple plan types
- Development and review of solicitor, sub-advisory and model manager programs
- Mergers, acquisitions, and joint ventures
- Data transfers, platform integration, and software licensing
Ongoing BD & RIA Compliance Services
- RIA formation & registration
- Design & implementation of compliance calendar
- Assistance with annual filings, including Form ADV
- Assistance with annual compliance testing
- Regulatory updates & rule monitoring
- Question support, as needed
Financial Products, Services & Innovation
- Advising on ERISA fiduciary duties, including prohibited transactions and prohibited transaction exemptions
- Fiduciary training for plan sponsors, including plan governance & documentation best practices
- Custom training & education for employees, clients and/or prospects