Our Performance team partners with asset managers through two distinct lines of service:
Audit Support for Managers Claiming GIPS
At Fairview, we understand that preparing to attain compliance with GIPS is a significant undertaking. We also understand that maintaining compliance with GIPS requires a lot of time, focus, and attention to detail.
We help asset managers by taking on the bulk of preparation and ongoing administrative support required to maintain compliance with GIPS.
Services include:
Verification Preparation
Ongoing Verification Support
Composite Management Solutions and Performance Reporting
Composite management solutions are a good fit for firms that need additional support meeting performance reporting goals. Our team provides hands-on support throughout the entire process, including onboarding, report development, and reporting.
Services include:
Onboarding Support
Ongoing Communication
Monthly Extraction
Customized Composite Reporting
GIPS® is a registered trademark owned by CFA Institute.
Check out our Flash Reports for the latest SEC- and compliance-related news, trends, and insights.
On April 23, 2024, the White House announced that the Department of Labor (“DOL”) has finalized its Retirement Security Rule, also known as the “Fiduciary Rule.” The new rule extends the current definition of “investment advice fiduciary” under ERISA to include advisers when they “give investment advice for a fee to retirement plan participants, individual retirement account owners and others.” The rule and related exemptions will be effective on September 23, 2024, with a phase-in period for many of the exemptions and reporting requirements of one year until September of 2025.
On April 17th, 2024, the Division of Examinations (“EXAMS”) published a risk alert to inform investment advisers, investors, and other market participants about the examiner’s observations on the Marketing Rule. This risk alert highlights the Division’s focus on advisers’ compliance with the marketing rule and their completion of the marketing rule items contained in Form ADV as well as Advisers Act Rule 206(4)-7 (the “Compliance Rule”), Advisers Act Rule 204-2 (the “Books and Records Rule), and the Marketing Rule’s “General Prohibitions”.