Tips on a Perfect ADV for Wealth Managers
Form ADV season is here – and for wealth managers, it remains one of the most closely scrutinized regulatory filings of the year. A poorly drafted ADV can invite examiner scrutiny, while a well-constructed ADV sets the foundation for a strong and defensible compliance program.
Join our wealth management experts with more than 20 years of combined experience helping firms of all sizes add value through the development of strong, business-friendly compliance programs.
- Ariana Monchick, Managing Director, Salus GRC
- Adam DiPaolo, Managing Director, Salus GRC
What we’ll cover:
- Common ADV pitfalls and how to avoid them
- Disclosures that frequently trigger examiner follow-up questions
- Custody, conflicts, and compensation: what to say (and what not to say)
- How your ADV sets the tone for your overall compliance program
- Practical strategies for managing the ADV process efficiently
Who it’s for: Wealth management firms responsible for drafting and maintaining Form ADV, including principals, CCOs, and operations leaders at SEC-registered or SEC-aspiring RIAs.
Speakers
-
Adam DiPaoloManaging Director, Salus GRCAdam serves as Managing Director at Salus GRC in its Regulatory Compliance practice. With over twenty years of experience in compliance and law, Adam most recently was Director, U.S. Regulatory Reporting at CSS, a Confluence Company, where he led client delivery for US reporting solutions. Adam’s expertise lies in the Investment Advisers Act and regulatory compliance for advisers to private funds as well as traditional and internet-based wealth managers. Adam collaborates on numerous matters such as registration of entities, establishing compliance infrastructures, advising clients on complex matters and best practices, keeping clients abreast of regulatory developments and industry practices, performing mock compliance and operations reviews, and assessing and satisfying regulatory reporting obligations. Prior to consulting, Adam began his career as in-house counsel to Capgemini.
Adam holds a BA from Pitzer College, a JD from UC Berkeley School of Law, and an LLM in Taxation from NYU School of Law.
-
Ariana MonchickManaging Director, Salus GRCAriana serves as a Managing Director at Salus GRC and has nearly 20 years of experience helping investment advisers navigate through regulatory compliance matters. Prior to moving to the consulting side of compliance in 2018, Ariana served as an Advisory Chief Compliance Officer at Cetera Financial Group, one of the largest families of independent registered investment advisers and broker-dealers in the United States, and served on the organization’s Risk Committee. She also served as Chief Compliance Officer for a mid-size retail and institutional registered investment adviser that utilized artificial intelligence as part of the investment management process. Ariana started her career in compliance at Avenue Capital Group, a global private equity firm and hedge fund. She specializes in compliance consulting services for retail wealth managers, institutional advisers, dual-registrants and hybrid and breakaway advisers.
Ariana formerly held the Series 7, 24, 53 and 66 licenses, as well as the Investment Adviser Certified Compliance Professional (IACCP) designation. She earned a Bachelor of Science in Finance from the University of Central Florida and attended Pace University School of Law. Ariana is based out of West Palm Beach, Florida and is a die-hard Miami Dolphins fan.
