Outsourced Vendors

Best Practices for Outsourced Vendors

Does your firm know who its key outsourced vendors are? Does your firm perform ongoing due diligence that includes an assessment of risks? The answers to both questions may involve a huge undertaking for small firms that have limited resources. Read More…

On-site Due Diligence

On-Site Due Diligence for Product Sponsors

Thanks to technology, a majority of the gathering and reviewing of information during the due diligence process can typically be done so remotely by officers or committees of the broker-dealer. However, an operational due diligence process is not complete without an on-site visit.

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M&A Due Diligence Checklist

Critical in every M&A transaction is a comprehensive due diligence investigation.  An acquirer/buyer should always have a complete understanding of the all the intricacies of the target company, from operations to financial to legal.  Failure to conduct due diligence may lead to major unforeseen issues such as unknown liabilities or overpayment.  A buyer should never rely solely on information that the target company has provided but should take the necessary steps to validate.  It is important to have a M&A due diligence checklist to ensure that all major areas have been investigated and considered when making the decision to buy or not to buy a company. Read More…

Due Diligence and Registered Representatives

The topic of due diligence is widely discussed regarding the financial services industry.  Due diligence of products.  Due diligence of potential employees.  Due diligence of client suitability.  But, what exactly does it mean when applied to financial services and what does it mean to representatives? Read More…