DENVER, CO — July 10, 2018 — Complect LLC, the first technology company to adapt the on-demand ‘gig economy’ model to independent financial advice firms in need of top-caliber regulatory risk and compliance specialists, today announced that it has expanded its advisory board by bringing on the former President and CEO of First Allied Services, Kevin Keefe.
In his new role, Mr. Keefe will provide strategy and industry insights to Complect, to accelerate the company’s growth in serving independent registered investment adviser (RIA) and broker-dealer firms. Mr. Keefe’s extensive leadership experience across the independent financial advice industry will help support Complect’s ongoing deployment of its best-of-breed technology platform, which seamlessly aligns independent broker-dealer and RIA firms with a global network of experienced and highly qualified compliance supervision and regulatory risk consultants.
Hanh Nguyen, CEO of Complect, said, “Our mission is to help industry participants maximize staffing and cost flexibility related to their compliance and regulatory needs, without sacrificing quality and expertise, so they can most effectively deploy resources towards supporting the growth. With his three decades of industry experience, Kevin brings a unique ability to drive insights and help us engage more deeply with our core customers, in support of our company’s mission.”
Mr. Keefe said that the company’s unique value proposition is largely responsible for his joining Complect. “During my 30 years in the industry, I have seen countless so-called ‘groundbreaking’ tools designed to address the cost and complexities involved with regulatory compliance, and none of them have brought together the latest technologies with compliance expertise under a ‘gig economy’ approach. It’s exciting to be part of a fintech solution that lives up to its potential, and generates tangible value-add benefits for independent firms and their financial advisors.”
As part of this announcement, Complect also underscored the key elements of its platform:
- Industry participants can use the Complect platform to post virtually any type of compliance project — such as registrations, regulatory filings, internal reviews, and CCO support — and on the platform they can also define the ideal expertise and background of the compliance specialist they’re seeking as well as set the payment specifications for the project.
- Firms posting requests for project support can do so confidentially, and can also review the consultants who apply for their project, selecting the one who best fits their needs, and at their discretion.
- Each consultant on the platform has an online profile that details his or her background, licenses, experience, and areas of expertise. The consultant profiles also include information for past projects they’ve completed and past customer reviews.
Ms. Nguyen concluded, “Independent advice firms have long known that they need a better way to stay on top of an ever-changing, increasingly complex regulatory environment. Complect is showing the industry a better way for firms to get precisely the compliance resources they need, when they need them. As someone who knows firsthand what independent firms need to thrive, Kevin can help take our message and strategy to new heights.”