O'Connor Davies, LLP and Focus 1 Associates LLC Announce Strategic Alliance in Regulatory Compliance

NEW YORK, Sept. 16, 2014 /PRNewswire/ -- O'Connor Davies, LLP ("O'Connor Davies") and Focus 1 Associates LLC ("Focus 1") have announced a strategic alliance as part of their compliance consulting practices. This partnership brings together significant financial services industry experience and extensive technical knowledge of regulatory compliance.

"As part of our new alliance, we intend to combine resources and expertise to expand our regulatory compliance services further into the private fund adviser segment," said Tobin Cochran, IACCP, Managing Member and President of Focus 1. "The SEC has organized itself to ensure that registrants increase transparency and treat investors fairly, with several key exam initiatives in place and more on the way. With an expanded team of seasoned professionals, Focus 1 and O'Connor Davies can assist clients in a more comprehensive fashion and continue to broaden our industry perspective."

"I am very excited about our new strategic alliance with Focus 1," said Marc L. Rinaldi, CPA and O'Connor Davies, Partner-in-Charge of Financial Services. "Our alliance is fueled by extensive knowledge, experience, innovation and scalable resources in financial services, private funds and regulatory compliance. Together, we are in a unique position to serve the regulatory compliance needs of our existing clients within our financial services practice and across our fund administration business."

As a result of this strategic alliance, there are exceptional opportunities for O'Connor Davies and Focus 1 to further coordinate administration and the regulatory compliance delivery model. They can now serve clients in a more comprehensive and seamless fashion.

About O'Connor Davies, LLP

O'Connor Davies, LLP is a full service Certified Public Accounting and advisory firm serving clients domestically and internationally. With roots tracing to 1891, seven offices in New York, New Jersey and Connecticut, and more than 500 professionals, led by 85 partners, the Firm provides a complete range of accounting, auditing, tax and management advisory services. O'Connor Davies is ranked number 32 in Accounting Today's 2014 "Top 100 Firms" in the United States. The firm is PCAOB-registered, and is a member of PKF International, network of legally independent member firms providing accounting and business advisory services in 440 locations in over 125 countries around the world. Our unit O'Connor Davies (Cayman) is CIMA registered.

The Financial Services group of O'Connor Davies provides complete fund administration with $17.4 billion of Assets Under Administration, tax, attest, including audit, agreed upon procedures and surprise custody examinations, regulatory compliance, including Dodd-Frank, performance and risk reporting, investment and consulting services, valuation and due diligence. Clients include private equity, hedge, and venture capital funds, private foundations and endowments, family offices, pensions, and brokerage firms.
http://www.odpkf.com

About Focus 1 Associates LLC

Focus 1 Associates LLC is a premier provider of SEC compliance services.  They specialize in assisting registered investment advisers with their compliance needs under Rule 206(4)-7 of the Investment Advisers Act of 1940. In addition to providing consulting and guidance on industry best practices and interpretation of the rules and regulations, Focus 1 provides: Compliance Program Development, Monitoring, and Oversight; Mock SEC Examinations; Third-Party Compliance Reviews; New Adviser Setup; and Compliance Training.  Their team of experienced professionals is committed to delivering practical, solutions-oriented assistance, tailored to clients' specific compliance needs.
http://focus1associates.com

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Contact:
Sandy Carroll
O'Connor Davies, LLP
T: 914.341.7051
E: [email protected]

SOURCE O'Connor Davies, LLP