Category Archives: Announcements

Ashland Partners’ Portal

By Michael Wastart

We at Ashland Partners are very excited to release our new secure portal.  We take the security of your information very seriously, which is why we decided to develop a secure file transfer portal internally at Ashland Partners. This allows us to monitor the software’s functionality, thoroughly and adequately test the system for vulnerabilities, and maintain the portal with immediate changes to defend against any newly developed threats. Continue reading Ashland Partners’ Portal

Ashland Partners & Company Expands Partnership

Ashland Partners is pleased to announce the addition of seven new partners.  As of October 1, 2015, the existing partners, Melvin Ashland, CPA, CGMA, PFS,  Richard Kemmling, CPA, CIPM, CGMA, Jason Millard, CFA, CIPM, Jessica Parker, CPA, CIPM and Nikola Feliz, CPA, CIPM, have been joined by:

  • Scott Cosentine, CPA, CAMS
  • Chase Frei, CFA, CAIA, CIPM
  • Robert Frey, MCDST, MCITP
  • Geoff Hecht, CIPM
  • Greg Hogan, CFA, CIPM
  • Julia Reyes, CIPM
  • Carrie Zippi, CPA

Continue reading Ashland Partners & Company Expands Partnership

Ashland Partners and Advent Software Release Ashland Assist

Ashland Partners & Company LLP and Advent Software have co-developed the Ashland Assist extract to support the GIPS® verification process through increased automation of data extraction for Ashland Partners’ clients.

Ashland Assist is designed to minimize the number of reports that are needed for verification, greatly increasing the clients’ efficiency in fulfilling Ashland Partners’ sample requests. Ashland Assist will enable clients to extract holdings, transactions, revaluation details and other composite-level statistics while minimizing the need for additional requests and follow-up.

“Ashland Partners is pleased to have joined with Advent Software to provide this unique tool to increase efficiency and reduce the need for additional requests during a verification. When used with the Ashland Performance Extract, Ashland Assist will now allow our clients to manage fewer reports to fill Ashland Partners’ data requests. The increased efficiency for both the client and Ashland Partners will enable smoother verifications and a quicker turnaround of the verification opinion,” said Jason Millard, CFA, CIPM, Partner at Ashland Partners.

For more information on how to incorporate this utility into your verification procedures, please contact Travis Morgan at 1.541.842.8405 or travis@ashlandpartners.com.

NEW Anti-Money Laundering Requirements Proposed for Investment Advisers

On September 1, 2015, the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) proposed an anti-money laundering (AML) requirement for investment advisers registered or required to be registered with the SEC.

This proposed ruling would prescribe minimum standards for AML programs to be established by certain investment advisers and to require such advisers to report suspicious activity. FinCEN is also proposing to delegate authority to examine investment advisers for compliance with these requirements to the SEC.

Read more on the Proposed Rule here.

Ashland Partners provides several services addressing AML needs for small and mid-sized investment advisers.  Contact Jason Millard at 1.541.842.8477 or at jason@ashlandpartners.com for more information.