Broker-Dealer

Our client base also includes a significant number of broker-dealer examinations, whether the Bank serves as an introducing broker-dealer or uses a third party for these services.  Our Certified Fiduciary & Investment Risk Specialists also receive training for broker-dealer compliance and control.  Our professionals stay abreast of changes in FINRA regulation through subscription to weekly FINRA updates and attendance at industry related conferences at least annually.

Our broker-dealer examination program includes financial controls, operational controls, FINRA compliance, governance, licensing and training, commissions processing, suitability requirements, and Bank compliance with the Interagency Statement on Retail Sales of Non Deposit Investment Products.