National Compliance Services and Regulatory Compliance join forces to form full-service compliance consulting powerhouse

Oct 27, 2015, 09:43 ET from National Compliance Services

NEW YORK, Oct. 27, 2015 /PRNewswire/ -- National Compliance Services Inc. (NCS) and Regulatory Compliance LLC, two of the nation's longest-serving regulatory compliance consulting leaders, announced today they have signed a definitive agreement to merge.  This strategic combination creates a single source of compliance consulting services and solutions for registered investment advisers (RIAs), broker-dealers (BDs), hedge funds and other financial services clients. 

Each with 20+ years of experience in the registration and compliance consulting space, the two privately held companies have enjoyed strong growth in recent years, fueled by an increasingly demanding regulatory environment and the trend toward investment advisory independence. 

NCS' RIA and BD compliance consulting, registration services, federal filings services and technology platform complement Regulatory Compliance's RIA and BD focused consulting and registration services, FinTraxTM software, financial operations (FinOp) support and outsourced chief compliance officer (CCO) services.  The merger brings tremendous added value to new and existing clients by providing a full suite of services from a single provider.

"As companies struggle to manage the escalating costs and complexity of compliance, this game-changing merger exemplifies the sum of a whole being greater than its parts," said Regulatory Compliance CEO Stephen Sussman.  "This positions us to offer the broadest set of compliance solutions and the deepest bench strength of expertise of any single provider."

Client Benefits of the Strategic Merger

  • Access to a comprehensive suite of compliance services from a single firm
  • Service expansion across industry segments and geographies
  • Deeper bench strength of hands-on professional talent
  • Access to a broader base of thought leadership, including webinars, conferences, authoritative compliance newsletters, educational tools and training
  • Combined economies of scale through a single provider
  • Increased national presence

As the firms execute an integration plan over the coming months, clients and prospects can interact with each firm as they have done in the past.  NCS will operate out of its Delray Beach, Florida headquarters while Regulatory Compliance will maintain offices in New York, Boston, and southern New Hampshire until a decision on headquarters for the combined entity has been finalized.  Rita Dew, founder and CEO of NCS, and Stephen Sussman, founder and CEO of Regulatory Compliance, will serve as co-CEOs of the new company, which will have five geographically dispersed offices nationwide.  Further terms of the transaction were not disclosed. 

The merger marks only the beginning of the new firm's expansion plans.  "We see national, full-service compliance players like ourselves as best able to support underserved markets with cost-effective services from a single trusted provider," added Sussman.  "We anticipate continued industry consolidation, and are uniquely positioned to design and deliver support we know clients will value, including tax services, cyber-assessments and legal support."

Given external pressures from changing government regulation and internal pressures from auditing and risk management departments, the combined entity meets market demand for an easier, cost-efficient and centralized source of comprehensive compliance consulting services.

"While our respective industry focuses are complementary, our organizational cultures are similar, with a shared goal of providing personalized, comprehensive and hands-on customer service," said NCS president and CEO Rita Dew.  "Together, we are exceptionally well positioned to provide high-caliber compliance solutions to RIAs and broker-dealers of all sizes. We will blend and maximize the best of our combined talents, capabilities, technologies and cultures to create an even stronger compliance consulting leader."

About Regulatory Compliance LLC (
Regulatory Compliance brings 25 years of experience to assisting broker-dealers and investment advisers in meeting critical compliance requirements and regulatory filing deadlines. Our seasoned professionals are highly skilled in navigating the complex FINRA, SEC, NFA and state registration processes and in keeping registered firms in compliance with securities regulations.  Firms receive ongoing compliance support through our PartnerProgram, selecting the level of proactive support that best meets their needs—from testing and exams to FinOp and CCO services, compliance manuals, continuing education and more.

About National Compliance Services (
A leader in the compliance consulting industry for more than 20 years, NCS provides reliable, convenient and reasonably priced services to investment advisers and broker dealers.  NCS offers a full range of on- or off-site compliance services, including a highly efficient and cost effective turn-key RIA registration package, customized written policies and procedures, Section 13 filings, succession and transition filings, and powerful technology-driven compliance solutions.  For registered firms, NCS offers various levels of client-tailored compliance consulting services.  NCS consultants advise clients on the full spectrum of regulatory and compliance issues confronting registered investment advisers and broker-dealers.

SOURCE National Compliance Services