Kyrstin Ritsema, Executive Director of Compliance Services for Confluence, joined Julie Cooling, Founder and CEO of RIA Channel, to discuss compliance solutions for advisors and asset management firms.
Confluence is an international fintech firm that offers compliance solutions for asset managers, asset servicers, broker-dealers, exempt reporting advisors, registered investment companies, and RIAs. Confluence recognizes the need for both US and international compliance at all types of investment firms. The compliance services group has a larger scale and a wider range than most other compliance vendors, while being able to offer boutique levels of service.
Confluence assists advisors on their growth trajectories, including succession, acquisitions, and independent personal growth. Ideally, firms would engage a compliance consultant as soon as possible, especially at the time the firm is founded. If the firm is founded with a strong compliance program, the team members will become used to following the system.
Resources: