Compliance Advisor Professionals, LLC (CAP) is a team of professionals with backgrounds in the areas of securities, finance, investments, accounting and marketing, as well as years of experience in the compliance industry, including investment advisor registration and in-depth knowledge of SEC and state rules and regulations.
Some years ago, we realized that for many investment advisory firms, the cost of in-house compliance support was prohibitive. At the same time, the effort required for investment advisors to keep on top of all applicable federal or state regulations themselves consumed time that advisors really wanted to devote to serving their clients. At that time the services available to assist such firms with registration and compliance requirements tended to be rigid and non-customized, operating without regard to the compliance support needs of a particular investment advisory firm.
The professionals of CAP saw a need in the market and moved to fill it. Ever since, we have been offering cost-effective, knowledgeable and customized compliance support services to all types and sizes of investment advisors.
Ellen Bruno started CAP in 2002, after having begun her career at a large, internationally known accounting firm. While there, she was an auditor, working with many firms in the financial services industry, including investment advisors, broker-dealers, and mutual funds.
Ellen left that position and became a financial analyst at one of the first asset manager aggregators in the industry. She quickly transitioned into a quasi-internal audit position. The company’s Board of Directors, recognizing a need for greater oversight of its subsidiaries, tasked Ellen with reviewing subsidiaries’ compliance and operations. During this time she developed in-depth knowledge about compliance requirements both on the job and through professional conferences and trainings.
Thus equipped, Ellen next became the Chief Compliance Officer at a Boston-area investment advisory firm. In that capacity she also served as vice-president and secretary to an investment company trust. This position gave Ellen the opportunity to apply to real-life situations, the rules which she had learned in her advising capacity while with the other firms.
After five years in that position, Ellen felt the time was right to start her own firm. Today our team includes five experienced compliance professionals who love what they do and take pride in offering investment advisors exactly the support they need to succeed.