GIPS® Compliance Services

PreVerification Consultation: The expert advice you need to bring your firm in to compliance with GIPS.

Firmwide GIPS Verification: An independent review of your firm’s claim of GIPS Compliance.

Performance Examination: In addition to a Firm‐wide Verification, a composite‐specific review can be performed.

Portability Review/Examination: Ashland Partners reviews to ensure the firm has met the portability requirements as outlined in GIPS 5.A.8. An examination of performance can be conducted simultaneously, in which case we will opine on the performance record itself and whether it is portable to the new firm.

Other Performance Services

Strategy Examination : An independent review of a performance track record, when GIPS compliance and verification is not what your marketplace is asking for.

Model Examination: An independent review of a model performance track record, adding credibility to your process and the resulting returns.

Traditional Assurance Services

SOC 1 Examination: An in‐depth audit of an organization’s internal controls. A SSAE no. 16 will satisfy several requests from clients, their auditors, as well as many due‐diligence questionnaires.

Surprise Custody Examination: An annual examination for Investment Advisers subject to the Custody Rule.

Financial Statement Audits and Tax: Independent stakeholder reporting and multi-jurisdictional reporting for both pooled investment vehicles and management companies.

Internal Audit Services: Assistance in assessing, creating, and/or testing of internal controls under both AICPA or PCAOB standards.

QPAM Audits: Ashland Partners provides examinations of the Prohibited Transaction Exemption (PTE) 84-14 for plan assets transacted by independent Qualified Professional Asset Managers (QPAM). 

Chief Compliance Officer Resources

Cyber Security Services: A practical approach to industry best practices and tailored for small and mid-sized investment advisors.

Vendor Due Diligence: Independent expert validation on whether vendors meet industry standards and are not causing undue risk to other companies or investors.

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