Compliance Consultant · Regulatory Expert · Problem Solver

Protect your firm from compliance risk. Sleep better at night.

Investment advisers are not in the business of being compliance experts. I bring over 23 years of expertise so your compliance program passes regulatory scrutiny, and you can focus on serving your clients.

23+
Years experience
Compliance and operations
1
Principal consultant
Personalized service directly from me
CRCP
Certified Regulatory and Compliance Professional
Since 2006
Registered Investment Advisers Registered Investment Companies Private Funds & REITs SEC & State Regulations
Services

From registration to examinations, and every best practice in between.

Outsourced CCO Services

Hand off the full responsibilities of being Chief Compliance Officer to a seasoned expert you can trust.

Implement and maintain the compliance program
Testing, remediation, and documentation
Employee reporting and monitoring
Marketing and advertising review
Compliance calendar and regulatory filings
On-site visits, annual review, and exam coordination
Monthly retainer · Contact me to discuss a proposal

Investment Adviser Registration

The registration process can be intimidating, but it doesn't have to be. I will handle the entire process so your filings are complete and accurate, and your ongoing obligations are covered.

Initial review of the business
Advice on registration type and exemptions
Prepare and file Form ADV with the SEC or states
Respond to regulator comments and questions
Draft the initial compliance program
Hourly rate, flat fee, or monthly retainer combined with Outsourced CCO

Registered Investment Companies

Registered funds carry their own governance and regulatory obligations. I have served as President and CCO of a multi-fund complex, so I know what the board, the adviser, and the regulators each need and expect.

Serve as a fund officer or independent board member
Advice on board governance and regulations
Assist with advisory contract renewal and 15(c) response
Mutual funds, ETFs, interval funds, and listed closed-end funds
New rule implementation
Section 351 contributions to ETFs
Hourly rate, flat fee, or monthly retainer

Compliance Program

Drafting policies and procedures is tedious, but it is the first thing a regulator asks for during an exam. I will draft and help implement your complete program.

Compliance policies and procedures
Code of Ethics
Risk assessment and conflicts of interest inventory
Compliance calendar
Recordkeeping system
Employee training and implementation
Hourly rate, flat fee, or monthly retainer combined with Outsourced CCO

Annual Review

The annual review judges whether your program is effective through forensic testing, risk assessment, and a response to change, documented in writing as evidence.

Forensic testing and review
Risk assessment
Respond to business and regulatory changes
Recommendations for improvements
Written documentation for regulators
Presentation of results to management
Hourly rate, flat fee, or monthly retainer combined with Outsourced CCO

Ongoing Compliance Support

Maybe you need a little help now and then, or maybe your compliance team is just stretched too thin. I will provide as much support as you need.

Advice on new or amended regulations
Compliance calendar management
Marketing and advertising review
Electronic communications review
Form ADV and other filings
Testing, employee reporting, and training
Hourly rate or monthly retainer

Examinations Support

Exams will always be stressful. Preparation eliminates fear of the unknown, instills confidence, and results in a better outcome.

Review of current exam focus areas
Preliminary mock exams
Produce commonly requested documents
Coaching and interview preparation
Remediate deficiencies and corrective actions
Hourly rate

Special Projects

Whether you are launching a new line of business or struggling to keep up with new rules, I can help with complex projects.

Implementation of regulatory changes
Artificial intelligence, digital assets, and technology
New product launches
Due diligence reviews and vendor management
And just about anything else you can think of!
Hourly rate or flat fee
About
I understand the business of registered investment advisers managing a broad range of investment products and investment strategies.

I have spent my career of over 23 years solving compliance and operations challenges for registered investment advisers, mutual funds, ETFs, private funds, and REITs. I have worked with small investment advisers and global firms. I have held positions of Chief Compliance Officer, Chief Operating Officer, and President at a multi-billion-dollar registered funds complex. My goal is to offer practical solutions, without over-complicating, and to instill confidence that you will pass scrutiny.

AL
Adam Langley
Founder & Principal · Adam Langley, LLC · Atlanta, Georgia
Registered Investment Advisers
State or SEC registered
Registered Investment Companies
Mutual funds, ETFs, interval funds, and listed closed-end funds
Private funds and REITs
Private equity and private placements
Boards of Directors
Governance and adviser oversight
Why work with me

Senior expertise, personalized attention, and practical solutions.

Large compliance firms sell scale and hand your program to junior staff or a team. I am the opposite. You get one experienced person who understands your challenges.

You work with me directly

No handoff to a junior team. The person you hire is the person who does the actual work.

I am a partner, not a vendor

I have run compliance and operations teams, so I know how the work lands on a small team.

Understanding your business

I work to understand how your firm actually operates, then tailor everything to the challenges you face every day.

Selective
engagements

I am selective about the clients I work with and only take on a small number of clients, so I'll always have time for you.

How we work together

Three types of engagements.

Perhaps you need a hand now and then, or you would rather someone owned the whole compliance program. I will tailor our partnership in a way that works best for you.

Outsourced

Outsourced CCO

Hand off the full role to a senior owner you can trust, without adding headcount to the payroll.

  • Own the program end to end
  • Filings, testing, and remediation
  • Employee reporting and training
  • Exam coordination and response
Monthly retainer
Ongoing

Ongoing compliance support

As much or as little help as you need on a recurring basis, sitting alongside your existing team.

  • Compliance calendar management
  • Task completion
  • Testing, monitoring, and annual review
  • Advice on new regulations
Monthly retainer or hourly rate
Project

Project-based consulting

A specific problem, scoped and solved, then handed back to your team with documentation they can run.

  • Registration and Form ADV updates
  • New rule implementation
  • Mock exams and exam preparation
  • New business lines or product launches
Hourly rate or flat fee
Common questions

Answers before we connect.

Do I need to register with the SEC or my state?
Jurisdiction generally depends on your assets under management. SEC registration is required at $110 million or more, and is allowed at $100 million. Below $100 million, you may be required to register with the state(s) where your offices are located. There are important exceptions, including advisers to registered investment companies, internet-only advisers, and firms required to register in 15 or more states, all of which register with the SEC regardless of AUM. I will confirm the right path for your firm before we file anything.
Do regulators allow an outsourced Chief Compliance Officer?
Yes. The CCO may be in-house or outsourced, as long as the person is knowledgeable about the Investment Advisers Act of 1940 and has sufficient authority to implement and enforce the compliance program. An outsourced CCO needs access to senior management and a commitment to running a compliance operation.
How long does registration take?
Depending on complexity, the process typically takes 3 to 6 months. We can sometimes do it faster. I handle the full sequence, including Form ADV, the initial compliance program, appointing a CCO, and registering your investment adviser representatives.
What does an annual review actually involve?
Rule 206(4)-7 requires you to review the adequacy and effectiveness of your compliance program at least annually. I judge whether the program is working through forensic testing, a refreshed risk assessment, and a response to any business or regulatory changes, then document it in writing as evidence a regulator can review.
How are you different from a large compliance consulting firm?
You work with me, not a rotating junior team. I bring more than 23 years of experience as a CCO and COO. You won't have to explain your business to a new consultant every time you have a question. I am selective about the clients I work with so I can really know your business and respond quickly.
What do your services cost?
It depends on the engagement. Projects are billed hourly or at a flat fee, ongoing support is billed as a monthly retainer or hourly rate, and outsourced CCO or COO work incurs a monthly retainer. I will give you a direct number once I understand your firm and the level of support you need.
Get in touch

Let's talk about how I can help you.

I want to understand your business and your challenges. Reach out and we will find the right level of support.

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I reply to every inquiry personally, usually within a day.