Growth through acquisition can bring exciting opportunities new clients, expanded resources, and greater scale—but it also introduces one of the most complex challenges a firm can face: merging two compliance programs into one. Whether your firm is acquiring another practice or integrating into a new organization, compliance should be part of the process from the very beginning, not after the documents are signed. Engage Compliance Early in the Process Compliance should play

For registered investment advisers, the written Policies and Procedures Manual and Code of Ethics are required components of the compliance program under the Investment Advisers Act of 1940. These documents form the operational foundation of an adviser’s compliance framework and are among the first items regulators review during an examination. A well-crafted manual should accurately reflect how the firm operates, supervises its personnel, and manages risk. By contrast, a gen