Independence, KS - Heritage Brokerage, a FINRA registered broker-dealer has solved their compliance issues using AdvisorVault as their chosen17a-4 D3P partner.
Heritage was facing significant challenges with their technology infrastructure and data compliance framework. Recognizing the potential gaps in their compliance efforts, including an end-of-life Windows server, ineffective file syncing processes using ShareFile and an outdated email service from Intermedia, Heritage went looking for a comprehensive solution that would not only transition their firm to Microsoft 365, but also ensure adherence to 17a-4 regulations. Their search led them to AdvisorVault and their Consolidated 17a-4 D3P service.
Heritage's Chief Compliance Officer, Todd Johnson, praised AdvisorVault's streamlined approach, "With their Consolidated 17a-4 D3P service, AdvisorVault addressed multiple compliance gaps for us simultaneously. They helped migrate us onto Microsoft 365 and provided a compliant archiving plug-in that automatically safeguarded all of our cloud-stored data. This enabled us to retire our old server and gave us the ability to leverage Exchange Online with SharePoint for enhanced collaboration and efficiency."
Small FINRA firms (like Heritage Brokerage), often find themselves grappling with older overlapping technology & software systems, leading to holes in company data management and compliance, unbeknownst to management. Recognizing this common struggle among firms, AdvisorVault specializes in providing comprehensive solutions that smooth the transition to Microsoft 365 while ensuring strict 17a-4 compliance, effectively resolving the technology-related challenges faced by small firms.
The advantages of Advisorvaults’s D3P data storage service extend far beyond technology and compliance. By leveraging Microsoft 365's powerful suite of productivity and collaboration tools, firms enhance their operational efficiency and streamline their workflows. Small firms no longer need to rely on multiple providers or grapple with disjointed technology systems. Moreover, AdvisorVault's Consolidated 17a-4 D3P service offers significant cost and time savings for FINRA firms. When transitioning to Microsoft 365, firms reduce their reliance for on-premises infrastructure, while minimizing hardware and maintenance costs. The quick migration process and in-depth technical support offered by AdvisorVault allows firms to optimize their resources and allocate more time to strategic initiatives that can drive growth and profitability.
The success story of Heritage serves as a testament to the value an expert D3P like AdvisorVault can bring to firms in the financial services industry. By partnering with AdvisorVault, firms not only address their immediate technology and compliance problems; they also gain a long-term competitive advantage. This consolidation of data management and compliance within a single comprehensive solution- 1. simplifies operations 2. reduces complexities and 3. ensures seamless regulatory compliance for any FINRA firm.
About AdvisorVault:
AdvisorVault is a leading provider of comprehensive solutions designed specifically for FINRA-regulated firms. Bringing expertise, customer-centric approach, and commitment to technology and compliance standards, AdvisorVault is a trusted partner for firms navigating the complexities of the financial services industry.
To learn more about AdvisorVault and their Consolidated 17a-4 D3P service, visit www.advisorvault.com.
For inquiries, please email Christopher Mancini at This email address is being protected from spambots. You need JavaScript enabled to view it.
or call toll free at 1-866-732-1407 to schedule a demo.
