Overview



Greenwich Advisor Compliance Services Corporation (Greenwich Compliance) provides tailored solutions to help advisors trading on the Interactive Brokers platform meet their registration and compliance needs. We offer resources and services to help advisors with issues ranging from registration to day-to-day compliance and can help advisors of all stripes, from established registered advisors to those just starting their own firms.

Please visit Interactive Brokers’ website for more information on its platform for registered investment advisors.

Registration Services



Whether you are transitioning from a wire house or just starting your own business, you are likely to have questions about the complex SEC and state registration requirements for your investment advisory firm. Greenwich Compliance professionals are available for a free consultation to answer your questions about the federal or state registration requirements relevant to you.

Greenwich Compliance offers comprehensive start up registration and compliance services for advisors looking to establish their firms and set up a compliance program. Unlike the turnkey services and off-the-shelf materials provided by other services, Greenwich Compliance puts in the time to get to know you and your firm's needs to provide you with a tailored approach and help you understand the compliance obligations you will encounter as you look to grow your business.

At a reasonable cost, Greenwich Compliance professionals take an active role in helping firms through the registration process and help advisors draft their initial compliance documents, including assistance with:

  • Preparing and completing the Form ADV and other SEC or state application documents your firm or its staff need to file;
  • Drafting client investment management agreements, compliance documents and manuals; and
  • Locating third-party providers offering operational and administrative start-up services commonly used by new businesses.

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Compliance Services



Greenwich Compliance also offers advisors services to help them keep their state or SEC registrations up to date and stay in compliance. Specifically Greenwich Compliance offers the following services to support advisors on the Interactive Brokers platform in meeting their compliance obligations:

  • State or SEC registrations or notice filings and investment adviser representative licensing support;
  • Assistance with your annual Form ADV updates and renewal filings (the “Annual Updating Amendment”); and
  • Consulting help in assessing the compliance program you have adopted to meet your compliance and regulatory obligations.

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Resources



Spotlight Series

Here is a series of Spotlights covering major compliance topics affecting investment advisors.

Guide to Forming Your Advisory Firm

You may wonder what it takes to start your own investment advisory firm. This Transition Guide highlights the major legal and regulatory considerations, issues and factors to consider in deciding whether to transition to your own investment advisory practice.


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Spotlight on Registration Requirements and Filings for Investment Advisors and Their Employees

The first compliance hurdle facing an advisor is making sure the firm and certain employees are registered with the SEC and/or the states in which you do business. This Spotlight summarizes the major registration rules affecting investment advisors.


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Spotlight on Advisory and Fee Agreements

Drafting an advisory agreement and determining how you will be compensated by clients is a key step when setting up an advisory firm. This Spotlight summarizes the main considerations advisors must keep in mind when designing these agreements.


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Spotlight on Regulation of Advisor Advertising and Marketing

Advisors are generally free to advertise their services but states and the SEC impose limits on the types of advertisements they can use. This Spotlight summarizes those limits, including the rules governing advertisements containing performance information and use of social media.


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Spotlight on The Custody Rule for Registered Investment Advisors

This Spotlight outlines the difficult and oft-misunderstood topic of advisors' "Custody" of client assets. It discusses the types of situations and arrangements that could lead a regulator to decide an advisor has "Custody" of its client's assets even if the assets are held at a qualified custodian like IB and the special responsibilities and requirements that come with having "Custody."


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Spotlight on The SEC Custody Rule FAQ

This spotlight discusses the SEC's new guidance on inadvertent custody and answers common questions regarding the SEC's Custody Rule.


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Spotlight on Advisors' Recordkeeping Obligations

Registered investment advisors must create and maintain true, accurate, and current books and records related to the key parts of their business. This Spotlight discusses the types of records that advisors must maintain, the ways they must be kept and for how long.


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Spotlight on The Compliance Systems and Documentation Advisors Must Maintain

Advisors must maintain written compliance policies and procedures reasonably designed to prevent, detect, and correct violations of applicable law and a Code of Ethics. We summarize those requirements in this Spotlight.


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Spotlight on Insurance and Bonding Considerations for Registered Investment Advisors

Advisors must decide whether to buy Errors & Omissions or other insurance and make sure they post the required bonds. This Spotlight outlines the factors advisors should consider when deciding what insurance to purchase and the federal and state rules regarding the bonds and net worth requirements governing advisors.


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Spotlight on State Registration Requirements for "Small" Investment Advisors

So-called "Small" advisors face different, often more complicated registration considerations than larger advisors who are subject to SEC registration rules. This Spotlight summarizes the maze of state registration requirements facing investment advisors with less than $25 million AUM and/or a limited number of clients.


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Spotlight on Registration and Compliance Requirements for Foreign Investment Advisors with U.S. Clients

Foreign advisors often wonder whether they must register with the SEC and/or U.S. states. This Spotlight summarizes the main exemptions from U.S. registration available to foreign advisors.


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Spotlight on Best Execution and Trade Allocation Guidance

Registered investment advisors have a fiduciary obligation to obtain best execution of clients' transactions. This Spotlight provides an overview of advisors' best execution and trade allocation obligations.


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IMPORTANT NOTE:

These Spotlights are provided for educational and information purposes only. The information in these Spotlights should not be construed as legal advice and has not been tailored to address the particular circumstances of you or any other advisor. Investment advisors should independently research the applicable registration and compliance requirements and consult legal counsel as needed.



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Get Started with a Free Registration Consultation

Greenwich Compliance offers free initial registration consultations to Interactive Brokers customers with questions about when and where to register as an investment adviser. To get started, please provide us with some basic background information below and a member of the Greenwich Compliance team will contact you to answer any questions you may have. All information will be kept confidential.

Name *
Firm Name *
Legal Address *
Country *
Email Address *
Phone Number *
Do you currently have an account with Interactive Brokers?
Do you currently invest on behalf of anyone other than yourself? (i.e., Do you have any clients?) *
What are your current assets under management? *
Main U.S. State from which you will operate? *
Will you be dually registered as an investment adviser and broker-dealer (hybrid)? *
Where did you hear about our services?
Enter the text from the image. * (case-sensitive)

* Required Field