Thank you for visiting the Website for Broker Dealer Services, LLC, providing compliance solutions for the broker/dealer community including:
Supervisory Control Reviews
For cause Audits
Compliance Manual Updates
Indiana Approved Examiner
Litigation Support and Expert Witness Testimony
Customized Training Manuals
Problem and Solution
Compliance departments somtimes don't have the resources to complete the tasks require. If hiring and training additional staff isn't practical outsourcing might be the answer. Outsourcing some compliance tasks to qualified professionals can be an effective and quick method of dealing with the problem.
Balancing the needs of the client, the sales force, and the regulators is the challenge. How will the rep follow the procedure? How will it affect sales? Will the customer be protected? Assistance from a third party vendor who understands both sales and compliance can provide important insight to this process.
Victor A. Shier is the Owner and President of Broker Dealer Services, LLC a compliance consulting firm that provides compliance solutions to broker/dealers. Services offered include independent testing of Anti-Money Laundering procedures and Supervisory Control procedures; CEO Certification; and, for cause branch office inspections.
Mr. Shier has over 25 years of compliance experience. Having served as the Chief Compliance Officer and the Financial and Operations Principal he has worked closely with the SEC, FINRA, and State regulators. In addition to having full responsibility for the outcome of numerous examinations, Victor has trained and supervised representatives and back office staff. He also provides litigation support and expert witness testimony in securities and insurance matters.
Victor Shier is an Industry Arbitrator for FINRA and a Fee Arbitrator for the Wisconsin State Bar. He is a member of the Association of Certified Fraud Examiners, the Association of Certified Anti-Money Laundering Specialists, the National Society of Compliance Professionals, and a board member of the Wisconsin Employee Trust Funds.