1 / 9

Intersource Consulting Group New Jersey, Outsourced FINOP New Jersey, Outsourced CCO New Jersey, Outsourced Chief Compli

Intersource Consulting Group New Jersey, Outsourced FINOP New Jersey, Outsourced CCO New Jersey, Outsourced Chief Compliance Officer New Jersey

intersourcecg
Télécharger la présentation

Intersource Consulting Group New Jersey, Outsourced FINOP New Jersey, Outsourced CCO New Jersey, Outsourced Chief Compli

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. WELCOME TO Intersource Consulting Group LLC (ICG) 19 Curwen Rd, Peabody, MA 01960 Phone. 888-584-9002

  2. Intersource Consulting Group NYC Intersource CG is a proud partner of the Institute for Innovation Development ("IID"). www.innovationdevelopment.org , an educational and business catalyst for members determined to grow their businesses in a world of constant change.

  3. Outsourced FINOP New York HOW INTERSOURCE CONSULTING GROUP LLC CAN HELP: At Intersource our specialized AML Audit Team has conducted a wide range of independent AML tests for all types of firms and business activities. By utilizing specialized expertise in both AML and Auditing, our team offers important advantages including: Comprehensive Capabilities - The well-defined Intersource audit methodology is consistent with regulators’ expectations including independent testing requirements associated with the BSA and the USA PATRIOT Act, the Office of Foreign Assets Control global sanctions, and various state-level requirements.

  4. Outsourced CCO New Jersey SECURITIES COMPLIANCE ICG provides a broad range of compliance and regulatory services to the broker-dealer community. Our clients have found that outsourcing certain aspects of their compliance functions is a cost effective strategy that provides access to qualified experts when needed. ICG consultants are constantly talking with regulators and reviewing new rules and guidelines in order to stay current on SEC, FINRA and state regulator exam priorities, focus areas and new initiatives.

  5. Outsourced Chief Compliance Officer Long Island FINOP RESPONSIBILITIES A Series 27 licensed FinOp requires full knowledge of the practices in these categories: • Preservation of Accurate Books and Records • Financial Regulatory Reporting • Net Capital Compliance • Customer Protection

  6. outsource financial services Long Island FINOP SERVICES Register a senior representative as your Financial and Operations Principal • File Focus Reports (monthly and/or quarterly) and Net Capital Computation • File SSOI • Prepare annual Schedule 1 filing • File annual audit via CRD Gateway • File SIPC Reports • General Ledger account reconciliation • Trial Balance • Statement of Income • Statement of Financial Condition • Prepare journal entries • Bank and Clearing Firm Statements and prepare reconciliation • Income & Expense Statement • Monthly discussion with management to review FOCUS and Net Capital

  7. Outsourced Broker-Dealer Consultants NYC THE BENEFITS OF THE OUTSOURCED CCO AND FINOP COMBINATION A lot of broker-dealers prefer to have their CCO and FINOP in-house, where they can keep their pulses on business activity and compliance. However, it is often easy to overlook the Risks involved in taking that approach: The Risks: The Way It’s Always Been Done: A lot of In-House CCOs and FINOPs use their experience as their greatest tool. However, often times, what worked in 2007 doesn’t work in 2017. Regulators are sharper, and business is more complex. Do your firm’s supervisory controls align with the business that your firm conducts? How are other firms in your business segment identifying their risks and controls? If your CCO doesn’t work for any other BDs, how would he or she know? FINRA examines from a diver...

  8. Ernie Koppotis NYC, outsource financial services NYC INTERSOURCE IN THE NEWS A Multi-Dimensional Perspective On Regulatory Compliance MARCH 17, 2017 • BILL HORTZ The Institute for Innovation Development is an educational and business development catalyst for growth-oriented financial advisors and financial services firms determined to lead their businesses in an operating environment of accelerating business and cultural change. We position our members with the necessary ongoing innovation resources and best practices to drive and facilitate their next-generation growth, differentiation and unique community engagement strategies. The institute was launched with the support and foresight of our founding sponsors - Pershing, Voya Financial, Ultimus Fund Solutions, Fidelity, and Charter Financial Publishing (publisher of Financial Advisor and Private Wealth magazines). For more information click here.

  9. Contact us INTERSOURCE CONSULTING GROUP 19 Curwen Rd, Peabody, MA 01960 Phone. 888-584-9002

More Related