ACA Group buys Advanced Regulatory Compliance

ACA Group, a global governance, risk, and compliance (GRC) consultancy focusing on financial services clients, has acquired Advanced Regulatory Compliance (ARC), a Beverly Hills-based compliance consultancy serving registered investment advisors (RIAs).

Founded in 2004, ARC advises RIAs on understanding and executing their compliance obligations. The boutique consultancy’s services include risk assessments, mock audits, creation of policies and procedures, state and SEC registrations, state and SEC audit response, and broker-dealer compliance.

ARC has seven employees, according to its website.

“We’re thrilled to welcome the ARC team to ACA Group, as we continue to target companies with top talent, great client service, and well-established GRC offerings to bolster our own,” said Shvetank Shah, CEO of ACA Group. “As we continue to grow and evolve, we’re proud to stand out as a global industry leader of integrated solutions for GRC.”

ACA Group is one of the largest GRC firms focusing on financial services clients, with more than 1,250 people across 11 offices in the US, UK, and Malta.

The Genstar Capital-backed firm earlier this year acquired Focus 1 Associates, an Oregon-based RIA compliance consultancy, and Ethos ESG, a provider of ESG ratings data and software for financial services firms.

“ACA is a great fit culturally, and we feel confident that our clients and employees will be treated well,” said Patrick Burns, Jr. and Roya Yeroshalmi, co-founders and managing principals of ARC. “In joining with ACA, we are able to deepen and expand the capabilities of our advisory practice with a partner that shares our client-centered approach and has the ability to provide holistic GRC solutions to investment firms.”

ACA provides advisory services and technology solutions to asset and wealth managers to solve challenges in compliance, AML and finance crimes, ESG, cybersecurity, Brexit implementation, and distribution.