PowerAdvisor delivers compliance solutions that help minimize the administrative cost of oversight and maximize resources you have dedicated for client care and practice building.

While the typical independent investment advisor spends nine hours per week on compliance related activities, in 2006, 81 percent of all SEC audits conducted resulted in a deficiency letter.

Developing a "culture of compliance" for your practice is an expense that continues to increase along with the complexity [and frequency] of regulatory requirements. Much of the time spent dealing with maintaining records and consulting with compliance specialists are resources lost that may be better spent serving existing clients and on other practice building activities.

We believe compliance solutions can be as close as your portfolio management software, and PowerAdvisor delivers solutions for managing compliance information and generating relevant reports with:

• A suite of 18 audit-ready compliance reports developed in consultation with state and federal experts to answer auditor's most frequently asked questions.
• Simplified record-keeping features for your compliance program.
• Quick retrieval of client, account and global-level data and reports for waiting auditors.

The PowerAdvisor suite of turn-key compliance reports are a great help to advisors preparing for the inevitable visit from regulators. When the reports are part of an advisor's ongoing compliance program and system of internal controls it becomes much easier to spot operational and internal control issues before they become problems. Using the reports to help manage compliance proactively demonstrates to regulators and the entire firm that compliance is important and fiduciary excellence is the advisor's goal.