Director of Compliance
About The Position
Falcon Wealth Planning is an independent, Fee-Only Registered Investment Advisor providing fiduciary financial planning and wealth management. The Director of Compliance manages, administers, and advances the firm’s compliance management system, ensuring adherence to the Investment Advisers Act of 1940, state and SEC requirements, and fiduciary standards. Reporting directly to the Chief Compliance Officer, the Director oversees day-to-day regulatory operations, surveillance and testing, regulatory filings, marketing reviews, and collaboration with advisory and operations teams to foster a strong culture of compliance. The role encompasses maintaining and testing written supervisory procedures and the Compliance Manual; coordinating annual compliance reviews and regulatory examinations; overseeing Form ADV and related filings, IAR licensing, and disclosures; reviewing advertising and marketing materials under the SEC Marketing Rule; administering the Code of Ethics and surveillance programs; auditing client accounts and billing; supporting books-and-records, cybersecurity, privacy, and identity-theft controls; and delivering staff training and leadership briefings.
Requirements
- Bachelor’s degree in Finance, Business Administration, Pre-Law, Accounting, or a related field.
- 5–8+ years of direct compliance experience at an SEC-registered investment advisory firm or compliance consulting practice.
- In-depth knowledge of the Investment Advisers Act of 1940, SEC examination priorities, and fiduciary standards.
- Hands-on familiarity with the Fee-Only RIA model and NAPFA/fiduciary standards.
- Proficiency with FINRA/SEC IARD and CRD systems.
- Experience administering RIA compliance platforms such as MyComplianceOffice, ComplySci/NRS, RIA in a Box, Orion Compliance, Smarsh, or similar archive tools.
- Working knowledge of wealth management technology ecosystems such as Orion, Black Diamond, Schwab Advisor Center, Fidelity Wealthscape, Salesforce, or Wealthbox.
- Strong attention to detail in document review, regulatory filings, and forensic audits.
- Ability to balance regulatory rigor with the operational realities of a growing wealth management firm.
- Strong interpersonal and communication skills to educate, guide, and influence advisors and team members.
- Commitment to client-first ethics and transparent advisory practices.
Nice To Haves
- Advanced degree such as a JD or MBA.
- Industry certifications such as IACCP, CRCP, or CFP.
Responsibilities
- Maintain, test, and update the firm’s Written Supervisory Procedures and Compliance Manual to reflect operational changes and SEC guidance.
- Coordinate the annual compliance review, including forensic testing, risk assessments, and internal gap analyses.
- Serve as a liaison during regulatory inquiries, SEC and state examinations, and third-party mock audits.
- Monitor SEC, state regulator, and industry updates; assess their operational impact and advise leadership on needed changes.
- Oversee preparation, review, and filing of Form ADV Parts 1A, 2A, 2B, and Form CRS/Part 3 through IARD.
- Manage IAR licensing, state notice filings, Form U4/U5 submissions, and annual renewals.
- Ensure accurate and timely disclosures concerning fees, investment strategies, conflicts of interest, and business affiliations in keeping with Fee-Only guidelines.
- Review and approve external-facing marketing materials, including website content, podcasts, webinars, whitepapers, social media, print collateral, and public presentations.
- Ensure marketing materials comply with the SEC Marketing Rule, including requirements for performance reporting, testimonials, endorsements, and third-party ratings.
- Administer the Code of Ethics, including employee personal securities trading, pre-clearances, holdings reports, and transaction reports.
- Monitor outside business activities, political contributions, and gifts and entertainment disclosures.
- Supervise electronic communications surveillance across email, text messages, instant messaging, and social channels using archiving and compliance software.
- Monitor billing audits to verify fees align with client agreements and ADV fee schedules and that deductions are authorized.
- Sample and audit client accounts for investment suitability, portfolio drift, fiduciary recommendation documentation, and alignment with client mandates.
- Assist with books-and-records compliance under Rule 204-2.
- Work with IT and Operations on cybersecurity compliance, Regulation S-P, identity theft prevention, and client privacy safeguards.
- Design and deliver ongoing compliance training for new and existing advisory staff.
- Provide practical guidance on day-to-day compliance matters and support a business-enabling compliance culture.
- Prepare and present periodic compliance briefings to executive leadership and department heads.
Benefits
- Comprehensive medical, dental, and vision coverage.
- 401(k) plan with company match.
- Generous paid time off.
- Paid firm holidays.
- Support for continuing education, licensing, and industry conferences.
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What This Job Offers
Job Type
Full-time
Career Level
Director
