Wealth Mgmt Firm Adheres to Compliance Laws With Thorough Compliance & Regulatory Review

The Client is a wealth management and business advisory services firm that has been in business for over 25 years.

Challenge

The Client’s asset management division reached out to LegalEase Solutions, seeking a thorough and immediate review of their existing business code of conduct & ethics. They needed to ensure the document was up-to-date and compliant with current laws, rules, and regulations. This is a principal document for the Client, but they did not have the in-house capabilities or resources to ensure compliance with regulatory mandates.

Solution

LegalEase Solutions attorneys reviewed the policy document, and added recommendations against specific sections by referencing the applicable laws.
LegalEase Solutions utilized sample language used by other companies in the industry to offer the Client greater insights into their regulatory and compliance measures
LegalEase Solutions initiated a discovery meeting with the Client to highlight requirements, and revised their policy accordingly
A suggestion put forth by LegalEase Solutions was to create a separate Securities Policy
The Client accepted the suggestion and LegalEase Solutions delivered

Results

LegalEase Solutions delivered an efficient and streamlined process that helped the Client save 60% of their time
The LegalEase Solutions team provided frequent progress reports to the client during the course of the review process
The Client received a fully-vetted Code of Business Conduct & Ethics document that is now up to date with current regulatory and compliance measures