Looking for someone who has setup an RIA before, i'm halfway through an ohio setup and was hoping for help
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So i have made it to this form (the pre-licensing form) and was hoping to find someone that has done it before:
http://www.com.ohio.gov/secu/docs/PreLicensingProcess.pdf
If anyone out there has some experience on these matters it'd be great to have some help! Thx all.
Hi Dr_McGill,
Setting up an RIA can definitely be challenging given the documents required. It's important to understand compliance and what is needed to get you through approval - and afterward.
I am a compliance consultant that assists advisors in setting up their new RIA and guiding them through the registration process with the SEC or State. I am a former regulator and have years of experience in the industry, including on Wall Street. I assist with the establishment of the compliance program and the required documents of the new RIA. Please feel free to contact me with any questions on your set-up and I would be hapy to provide assistance.
Regards,
Tiffany Chamberlain
Managing Director, Polaris Compliance Consulting, LLC
(888) 240-4299
www.polariscompliance.com
Thanks for offer, but im slowly putting this together, trying to keep expenses out of the equation at first. Although when this grows to a multi billion dollar ria id love to keep the compliance people that helped me get off the ground. :) If you'd like to give put a little help in this scenario let me know.
Hi Dr_McGill,
Completely understandable. Many start-up RIAs try and minimize expenses and I totally get that. Additionally, compliance is one of those areas in all firms that is an expense and non-revenue-generating, however it's so important to be compliant and to have the proper documentation in place not only during the registration process, but in the event of a regulatory examination subsequent to approval.
I sent you a PM with a couple of suggestions on your specific state (OH) requests. Every state is different and I didn't want to confuse anyone by responding to your specific state publicly, since other states/SEC have more or less requirements for registration. Please don't hesitate to contact me if I can provide any assistance!
Regards,
Tiffany Chamberlain
Managing Director, Polaris Compliance Consulting, LLC
(888) 240-4299
www.polariscompliance.com
Hello Dr_McGill, I’m in the process of going through RIA registration through my state in the new few weeks and like you I’m minimizing the expenses by submitting many of the forms myself . How was the experience? Can you provide suggestions on the do’s and don’ts during the registration process? Thanks!