RIA Compliance Group, LLC, was established in 2010 and is based in Boca Raton, Florida. The firm provides ongoing consulting services to over one hundred clients. It has been engaged by over fifty additional clients to provide à la carte compliance and regulatory consulting services. The mission of RIA Compliance Group is to provide affordable, timely, practical, and cost-effective compliance advice.
RIA Compliance Group possesses considerable expertise in servicing the compliance needs of small and large advisers. The firm’s client base ranges from single person financial planners that have no assets under management to multi-state RIAs with over 50 investment adviser representatives and up to $4 billion in assets under management.
Our consultants have decades of experience in the compliance and regulatory field and have conducted hundreds of onsite and remote compliance audits of advisory firms. They interact frequently with SEC and state securities regulators.
Ara Jabrayan, CAMS
Mr. Jabrayan is the Managing Member and a senior compliance consultant at RIA Compliance Group, LLC. His responsibilities as a compliance consultant include comprehensive audits for state and SEC registered investment advisers, investment adviser registrations, ongoing compliance assistance, the drafting of compliance procedures and advertising and marketing creation and reviews.
Prior to the formation of RIA Compliance Group, LLC, Mr. Jabrayan was a senior compliance consultant with National Compliance Services, Inc. (2004 to 2010), where he was responsible for the registration of over 150 new investment advisers and the drafting of over 200 compliance procedures manuals. Mr. Jabrayan has also conducted over 150 mock SEC and anti money laundering audits.
Prior to joining National Compliance Services, Mr. Jabrayan spent three years as a senior account executive at Harrington Financial and Energy Advisors (2001 to 2004), a commodities trading Firm based in Boca Raton, Florida.
Mr. Jabrayan holds a Certified Anti-Money Laundering Specialist (CAMS) designation obtained through the Association of Certified Anti-Money Laundering Specialists® (ACAMS®).
Mr. Jabrayan currently holds the FINRA Series 65, Uniform Investment Adviser Law License and has held the FINRA/NFA Series 3 commodities and futures contracts license.
Deborah Dobbs, CSCP®
Ms. Dobbs is the Compliance Director and a senior compliance consultant at RIA Compliance Group, LLC. Her responsibilities as a compliance consultant include investment adviser and representative registrations, reviewing and drafting compliance procedures, books and records reviews for state and SEC registered investment advisers, EDGAR filing assistance, advertising and marketing reviews, email reviews, and ongoing compliance assistance.
Prior to joining RIA Compliance Group, LLC, Ms. Dobbs was a Vice President and Senior Compliance Consultant for NCS Regulatory Compliance (formerly National Compliance Services, Inc.) from 2004-2016, where she was responsible for overseeing client technology services and the investment adviser registrations department in addition to providing ongoing, full-service, compliance consulting assistance to a broad range of registered investment advisory firms.
Ms. Dobbs earned a Master of Arts degree from the University of Memphis in 2003 and currently holds the Certified Securities Compliance Professional designation (CSCP®) obtained through the National Society of Compliance Professionals as one of the inaugural recipients of the designation in 2011.
Carol Shortall, CAMS
Ms. Shortall is the head of broker dealer compliance department at RIA Compliance Group, LLC. Ms. Shortall is also the founder and CEO of Compliance Solutions Group, LLC and has more than 20 years of industry experience. Her extensive experience stems from the various positions she has held in the industry, ranging from her positions as a Senior Compliance Examiner with Financial Industry Regulatory Authority, Inc. (FINRA), to CEO/CCO and Financial and Operations Principal (FinOp) of several broker-dealers.
Ms. Shortall earned her Bachelors of Business Administration in Accounting and Management from the Wharton School at the University of Pennsylvania. She holds the Series 7, 24, 28, 66, 79 FINRA qualifications and holds a Certified Anti-Money Laundering Specialist (CAMS) designation obtained through the Association of Certified Anti-Money Laundering Specialists® (ACAMS®).