HOUSTON, TEXAS (September 15, 2022) – National accounting and advisory firm, Weaver, announces the expansion of its advisory practice through the newly formed Asset Management Consulting Services team to be led by Bruce Mills, Managing Director. Working with retail and alternative asset managers, the team will provide internal audit, compliance, risk and management consulting services that create value by building organizational strength and capacity for organizations to thrive.
“Today’s complex investment strategies demand a keen eye on controls, compliance and managed risk, and the addition of these services fits well with our strategy to add expertise to serve the financial services sector. Weaver’s alternative investments practice currently serves more than 2,500 fund clients, and this expansion enables us to better serve the investment community, including alternative and retail funds, registered investment advisers and large institutional investors.” said John Mackel, CEO and Managing Partner.
Working with investment advisors and asset managers to address complex regulatory compliance requirements, Weaver’s Asset Management Consulting Services team offers a suite of services, including:
- Internal Audit: Risk assessments and audit plan development, as well as control and advisory reviews across the asset management lifecycle including portfolio management, trading, operations, ESG compliance and distribution covering mutual funds, exchange-traded funds, pension funds, private funds and other investment vehicles.
- Compliance Program Management: Policy development, monitoring and testing programs, risk assessments, trade surveillance, conflicts of interest, anti-money laundering, and process transformation to assist internal compliance teams with assessing and developing compliance programs.
- Consulting: Enterprise risk management, adviser due diligence, third party risk, business transformation, ESG assessments, fraud detection and prevention, workflow and policy development, and process efficiency.
Bruce Mills, the team’s new Managing Director, worked for more than three decades with a multi-national investment firm where he last served as global head of compliance monitoring, a role that provided him with a broad understanding of regulatory and compliance requirements across the North America, EMEA and Asia-Pacific regions. He previously led the organization’s North American internal audit department, covering all aspects of the business and investment products offered including mutual funds, exchange-traded funds, private equity, real estate and managed accounts.
“In addition to his extensive investment compliance experience, Bruce brings a deep understanding of the regulatory demands our clients face,” said Alyssa Martin, National Strategy Leader, Large Market and Public Entities. “We are excited to have him on our team to assist clients in meeting their compliance needs.”
Based in Weaver’s Houston office, Bruce is a Certified Internal Auditor and Certified Fraud Examiner. He received a Bachelor of Arts degree from the University of Texas at Austin.