Jeff Groves
President
Mr. Groves consults broker dealers and investment advisers on various issues regarding SEC and FINRA regulations, assists in the preparation for regulatory audits and consults on business issues as they relate to compliance. Mr. Groves has 19 years of industry experience that include positions as Chief Compliance Officer and Chief Administrative Officer for an investment adviser and a broker dealer. Mr. Groves has achieved a FINRA/Wharton certification as a Certified Regulatory and Compliance Professional (CRCP). Prior to his current position with ComplianceWorks Inc., Mr. Groves was served as a lead consultant with ComplianceMAX Financial, a large compliance technology firm in San Diego. Mr. Groves was a partner with the aforementioned dually registered investment adviser (hedge fund) and a broker dealer (Helix Investment Partners LLC and Helix Trading LLC). In addition to being CCO and CAO of Helix, he was in charge of the production and sale of a corporate bond research product and also traded equities. Mr. Groves holds the Series 24, 4, 7, 55, 63 and 65 designations. Mr. Groves has a Bachelor of Science in Finance from California State University, Fullerton and performed graduate studies at Pepperdine University.
Sharon Goldberg
Senior Consultant
Ms. Goldberg currently consults investment advisers and broker dealers on various issues regarding SEC and FINRA regulations and assists in the preparation for regulatory audits and other back office and operational issues. Ms. Goldberg has 25 years of industry experience that includes positions as Chief Compliance Officer and Senior Director of Operations.
Prior to her current position with ComplianceWorks Inc., Ms. Goldberg was the Chief Compliance Officer with Macquarie Allegiance Capital, a registered investment adviser and also served as CCO for their other affiliated companies including a hedge fund of funds. Ms. Goldberg was also the executive in charge of the Operations area and has a proven record of leading and driving complex organizational change programs such as re-engineering and automating manual processes to reduce risk and improve operational efficiency.
Ms. Goldberg previously held various management positions within the Investment division at Pacific Life Insurance Co. and as a result of her tenure at Pacific Life Ms. Goldberg held the Series 7 license. Ms. Goldberg has been a presenter at industry conferences on a variety of topics. She holds a Bachelor of Arts degree from Chapman University, Orange, CA.
Phillip A Faigley
Consultant
Mr. Faigley currently consults investment advisors and broker dealers on various compliance and back office and operational issues and assists in research and settlement processing of security class action suits. Mr. Faigley has 20 years of industry experience that includes the position of Chief Operations Officer for an investment advisor and an affiliated broker dealer. Prior to his current position, Mr. Faigley spent 11 years with a dually registered hedge fund manager
(Helix Investment Partners LLC and Helix Trading LLC) and 5 years with the predecessor start-up investment advisor. As a result of his tenure at Helix, Mr. Faigley holds the Series 2, 27, 63, 65 designations. Mr. Faigley also has experience with Scudder, Stevens & Clark, Marine Midland Bank, and Honeywell's Commercial Construction Division. Mr. Faigley also served for over 5 years as an officer in the United States Marine Corps.
Mr. Faigley has a Bachelor of Science (Physical Science) degree from the United States Naval Academy, a Masters of Science in Industrial Administration (Operations Research) from the Graduate School of Industrial Administration, Carnegie-Mellon University, and an Advanced Professional Certificate (Finance) from the Graduate Business School, New York University.
Shelley Lightfoot
Business Development/Consultant
Ms. Lightfoot consults investment advisors and broker dealers on compliance and operations issues and assists in the preparation for regulatory audits. Ms. Lightfoot has 22 years of industry experience that includes the positions of Operations Manager, Compliance Officer and Vice President of Investments for a dually registered investment advisor and broker dealer.
During her 5 year tenure with Banc of America Investments, Inc., Ms. Lightfoot's experience included branch management, regulatory compliance audits, sales supervision, business plan coaching, operational efficiency and national policy review. Prior to that, Ms. Lightfoot held various management positions with Prudential Securities, DST Systems and George K. Baum & Company in Kansas City, MO.
Over the years, Ms. Lightfoot has also participated in the management of several company mergers and acquisitions, numerous financial advisor transitions, training and development programs, back office automations, and served on Prudential's Operations Manager Advisory Council for over 3 years. Ms. Lightfoot currently holds FINRA licenses for the Series 7, 8, 63 and 65 designations.
Joseph R. Smith
Senior Consultant
Mr. Smith currently consults broker-dealers and investment advisors on many multi-faceted issues relative to SEC, FINRA & MSRB rules and regulations. This would include but not be limited to Research/Investment Banking, Sales Practice, Continuing Education, Written Supervisory Procedures, Branch Office Audits.
Mr. Smith has over twenty five years experience in the broker-dealer industry. Since 2000, he has been Chief Compliance Officer in the Los Angeles area. During his tenure as CCO at an Institutional/Trading firm expanded its supervisory system to address a full service multi-branch regional firm business model.
Prior to that, Mr. Smith worked for FINRA for eleven years and performed sales practice and financial audits of broker dealers, reviewed Customer Grievances, Terminations for Cause, and participated in high profile regulatory cases. Mr. Smith obtained his Bachelor of Science in Business Administration from SUC Brockport, NY and presently holds his Series 4, 7, 8 (9&10), 14, 24, 27, 53, 63, and 87 licenses.