Advantage Investment Management Selects Ascendant Compliance as Preferred Compliance Technology Partner

SALISBURY, Conn., June 28, 2016 /PRNewswire/ -- Ascendant Compliance Management, a services and technology company that provides customized compliance solutions for firms in the U.S. and abroad, today announced that Advantage Investment Management ("AIM"), an SEC-Registered Investment Adviser that manages approximately $560 million (as of Dec. 31, 2015) in assets, has chosen Ascendant's compliance management platform, Ascendant Compliance Manager ("ACM"), as its key compliance software solution.

Louise Holtz, Chief Compliance Officer of Advantage Investment Management, said, "We are pleased to engage Ascendant and its technology and services to help AIM analyze operational risks, perform trade analytics, and streamline our entire compliance process."

"We're proud and excited to add Advantage Investment Management to the ACM platform," said Jon Higgins, Ascendant CEO. "Adding Louise and her team to our expanding roster of clients placing their trust in ACM spotlights the platform's utility and effectiveness as a must-have tool in compliance."

Advantage Investment Management ("AIM"), founded in 2008, is a wholly-owned subsidiary of Advantage Financial Group, which provides a diverse range of independent financial advisors with access to the financial products, intellectual capital and specialized resources they require to meet their clients' sophisticated financial needs. The firm provides financial planning, consulting and investment management services to a wide variety of clients, including individuals, trusts, estates, charitable organizations, corporations, other business entities and pension and profit-sharing plans. AIM manages approximately $560 million in assets (as of Dec. 31, 2015) and has 5 employees at its headquarters in Cedar Rapids, Iowa as well as over 50 advisers in 11 States.

Ascendant offers innovative consulting solutions that are effective and aligned with regulatory expectations, including ACM. The technology was designed as a comprehensive software tool to manage and analyze compliance and operational risks, leveraging Ascendant's experience in the field and understanding of the financial regulatory environment to inform the engineering of the product. ACM was designed with efficiency in mind, so all of its modules are interconnected, tying the compliance process together in seamless style.

"We like to call it 'The Evolution of Compliance Consulting,'" Higgins said. Ascendant clients include asset managers and broker-dealers located in the U.S., the UK and Ireland, retail advisers, institutional hedge funds, wealth managers, alternative investment managers, and private equity managers, among others. Client assets under managements typically range in the billions.

This press release is provided for the reader's information only and does not constitute investment advice or convey an offer to sell, or the solicitation of an offer to buy, any securities or other financial products. Please also note that this press release has not been updated since its dateline for any information contained in it that may have changed, including any beliefs and/or opinions. In addition, no assurances can be given that any aims, assumptions, expectations, and/or goals described in this release will be realized or that the activities or any performance described herein did or will continue at all or in the same manner as at the time of its release. Media Contact: Melissa Maleri [email protected]

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SOURCE Ascendant Compliance Management

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