Common Practices for GIPS® Compliance
ACA has gathered all the common best practices of performance teams complying to the GIPS standards and will discuss the most common question we receive from clients, "What do other firms do?"
Webcast
Performance Services
Global Investment Performance Standards (GIPS®) compliance and investment performance services
We are the largest team in the world providing GIPS standards verification and related services.
Our team — comprised of more than 60 professionals with extensive performance experience — provides GIPS standards verification and consulting services to investment managers around the globe.
We have the largest market share of verified firms in P&I's Top 100 list.
(P&I top 100 list compared to the eVestment database as of 6/30/2021)
Our solutions
- Pre-Compliance Consulting: Expert advice needed to bring your firm into compliance with the GIPS standards
- Firm-wide Verification: Independent review of your firm’s claim of GIPS compliance
- Performance Examination: In addition to a firm-wide verification, a composite-specific review can be performed
- 2020 GIPS Compliance Gap Analysis: Assistance in assessing the impact of the 2020 GIPS standards for your firm
- In-depth review of data, methodologies, records, controls, and disclosures to support calculating investment performance
- Assistance with the execution of the firm's compliance program
- Includes review of calculation methodologies for internal rate of return (IRR) for investments or funds in accordance with FINRA Regulatory Notice 20-21
- Results in a summary report to management, including findings and recommendations, in accordance with regulatory requirements and industry leading practices
- Review and examination of input data, methodologies, and assumptions used to support an investment performance track record
- Provides assurance and lends credibility to the underlying track record
- Results in customized performance certification report provided by ACA to the firm which may be used in marketing efforts
On demand webcast
The New Marketing Rule: A Focus on Performance
Join ACA and K&L Gates for a detailed explanation of the specific performance requirements of the new Marketing Rule, how they differ from prior no-action letters, and what steps a firm should take now in order to be ready by the deadline.
Featured insights
Our unique perspective is informed by our real-world experience, deep subject matter expertise, and extensive client network.
Mitigating Risks Associated with Composite Performance Reporting Using ACA’s Performance Analytics Services
In addition to developing marketing materials and ensuring appropriate disclosures, firms must ensure that the performance being generated truly reflects the fund or strategy being offered.
Article
- Performance
- SEC Advertising Rule
The 2020 GIPS Standards: Have you ‘flipped the switch’ yet?
As February quickly moves into March, firms are looking to begin or finalize the updates needed for the GIPS Reports so that they can market 2020 performance results. Below is a checklist to help determine if your firm has considered all the items needed to ‘flip the switch’ over to the 2020 GIPS standards.
Article
- Performance
Our leadership team
Karen Foley
Partner, Co-Head Performance Services
Karen co-heads ACA's performance services practice and is responsible for growing and developing the practice.
Richard Kemmling
Partner, Co-Head Performance Services
Richard co-heads ACA's performance services practice and is responsible for growing and developing the practice.
Christie Dillard
Partner
Christie oversees the sales department and all new-client onboarding for ACA’s performance services practice.
Chase Frei
Partner
Chase provides oversight on ACA's GIPS standards verifications and other investment performance engagements for traditional and alternative investment managers.
Greg Hogan
Partner
Greg provides oversight on ACA's GIPS standards verifications, investment performance engagements, and service and delivery initiatives for the performance services practice.
Julia Reyes
Partner
Julia provides oversight on ACA's GIPS standards verifications, investment performance engagements, and thought leadership for the performance services practice.
News
Michael Borts joins ACA Group as the new Chief Technology Officer
Michael Borts has joined the firm as Chief Technology Officer (CTO) to lead ACA’s technology development, vision, and strategy. In his role, he will oversee all product development for ACA’s award-winning ComplianceAlpha® regulatory technology platform and technology enablement at the firm.
ACA Group Acquires Catelas to Create Industry-first 360 Surveillance Offering
The acquisition of Catelas further enhances the holistic surveillance capabilities of ACA’s RegTech platform. Catelas’ patented technology automates the mapping of how people connect and form groups within a firm, isolates collusion risk, and detects high-risk behaviors.
ACA Group and the Investment Adviser Association Announce Strategic Partnership
ACA Group (ACA), a leading provider of governance, risk, and compliance (GRC) advisory services and technology solutions, today announced that it has entered into a strategic partnership with the Investment Adviser Association (IAA), a leading organization dedicated to advancing the interests of investment advisers.
Upcoming events
Compliance Officer: The Roles and Responsibilities - 21 October 2021
The role of the Compliance Officer is a mandatory position in all firms in the Financial Services Industry. They play a major role in assisting Senior Management to ensure that appropriate and effective systems and controls are in place to achieve and maintain compliance with the applicable Rules. While the nature of the Compliance Function is likely to differ from one firm to another, this course provides an easy to follow breakdown of what the Regulator expects of a Compliance Officer and explains, in practical terms how the regulatory expectations and those of Senior Management can be achieved.
Online Training
What Concerns You? Cyber Concerns and Action Plans
Join ACA Aponix for a review of the top 5 concerns identified by our clients and the actions they plan to take to increase their first line of defense against bad actors.
Webcast