at 11152 Westheimer #330, Houston, 77042 United States
We assist broker-dealers, investment advisors, and often other broker-dealer consultants by drawing upon our diverse partners and associates.
BD Financial Services Group has relationships with qualified Financial and Operations Principals interested in registering and providing services to firms on a contract basis.
Rates vary depending on services provided, however, affiliated FINOP’s will register with your firm, prepare monthly net capital computations, file FOCUS reports, and send a monthly Continue Reading
BD Financial Services Group assists broker-dealers with regulatory issues related to SEA Rule 15c3-1, “the Net Capital Rule”.
Areas of expertise include rule interpretation and implementation, financial systems development, accounting and accounting procedures, accounting software application and initialization, financial statement compilation, net capital computation and FOCUS reporting.
Regulatory bodies, including the SEC, Continue Reading
FINRA Rule 3310 requires that each broker-dealer undertake annually an independent AML test for compliance.
Such testing is to be conducted by member personnel or by a qualified outside party.
Members that do not execute transactions for customers or otherwise hold customer accounts or act as an introducing broker with respect Continue Reading
PCAOB has issued guidance to its registered auditors that restricts the auditors ability to compile certain financial statements, footnotes and supplemental reports.
According to PCAOB the auditors preparation of these items would be considered management functions and would therefore impede upon the auditors independence.
BD Financial Services Group operates as an associated partnership created by an investment-banking professional who has acted as Chief Financial and Operations Principal and Chief Compliance Officer with significant senior-level financial and compliance experience.
Affiliated and associated partners include former FINRA/NASD/SEC compliance examiners, Certified Public Accountants, and attorneys practicing in Continue Reading
BD Financial Services Group partners, associates and affiliates are all extremely well-qualified and experienced in relevant areas of compliance-related services.
Whether your broker-dealer is currently undergoing a regulatory exam, has undergone an exam and is being cited and/or requested to respond, or is proactive and attempting to remain in compliance, Continue Reading
Rule 17a-5(d) requires every broker or dealer registered pursuant to section 15 of the Act to file annually, on a calendar or fiscal year basis, a report which shall be audited by a PCAOB registered independent public accountant.
FINRA members must file an Annual Audited Report not more than 60 calendar Continue Reading
BDFSG partners assist companies with business development and management issues such as choosing an organizational structure and developing a business plan to providing ongoing services including bookkeeping and tax.
Tax Tax planning should successfully and legally reduce your tax liability and is a key component to a unified strategic business process.
BD Financial Services Group goes Continue Reading