S.D. Daniels & Co., P.C. (SDDco-PC), a CPA firm and the founding entity of the SDDco Group, provides an outsourced solution tailored to the needs of broker-dealers. Every broker-dealer is required to maintain the services of a FINRA Series 27 Financial and Operations Principal (FinOp). SDDco-PC personnel can fulfill that role. A FinOp oversees the books and records and monitors a FINRA member firm’s adherence to industry net capital rules and related rules and regulations, as well as the filing of all financial regulatory reports.

 

Regulators permit a licensed, off-site individual to fulfill the FinOp role. Outsourcing this role financially benefits brokerage firms choosing to engage an experienced FinOp consultant instead of hiring that level of talent, full-time, in-house. In addition, rather than hiring one full-time FinOp, with SDDco-PC you have access to the full resource of all our FinOps and Accounting professionals with broad, on-going exposure to broker-dealer operations. As a CPA firm providing FinOp services since the 1980’s, SDDco-PC brings over three decades of experience to U.S. SEC registered broker-dealers of all sizes, as well as foreign based broker-dealers operating in the U.S. under the SEC exemption, Rule 15a-6. SDDco-PC can assume the FinOp function of your broker-dealer or assist with the functions of your in-house FinOp. An SDDco-PC FinOp can also assume the role of CFO.

 

An SDDco-PC FinOp can be engaged to perform and supervise all aspects of this mandatory function for FINRA member broker-dealers. Our FinOp services include managing financial duties, FINRA filings, technical assistance, and more.

Learn More by Downloading Our FINOP Reporting & Supervisory Services Brochure

Download Our Feature on the FinOp Role from the NSCP Currents Publication

WHO WE SERVE

SPEAK TO AN SDDco CONSULTANT

 

Are you interested in Broker-Dealer or Investment Advisor Registration, Compliance Consulting, Accounting, Tax or FinOp Services? You can reach us at info@sddco.com or 212-751-4422.

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SPEAK TO AN SDDco CONSULTANT

 

Are you interested in Broker-Dealer or Investment Advisor Registration, Compliance Consulting, Accounting, Tax or FinOp Services? You can reach us at info@sddco.com or 212-751-4422.

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SIGN UP FOR OUR CYBERSECURITY ALERTS

 

Are you safe? In today’s digital world the potential for a security breach is always looming. Get our Cybersecurity Alerts to ensure your data is protected.