NCA Compliance – RIA Compliance Consulting

Looking to get a fresh perspective from your RIA compliance consultant? NCA Compliance is a boutique compliance consulting firm specializing in helping investment advisors, investment companies, mutual funds, and private funds nationwide establish, strengthen and improve their compliance programs. Services include mock audits, forensic testing, CCO outsourcing, and advisor registration, all of which are provided by former SEC staff. Services can be provided on-site and/or off-site, depending on your needs and preferences.

We currently work with approximately 25 clients nationwide and in Canada and Europe, including the following:

  • Global private fund and separate account manager ($50 billion AUM)
  • Fixed-income manager ($3 billion AUM)
  • Investment advisor/financial planner  ($500 million AUM)
  • Global real estate and private equity manager ($50 billion AUM)
  • Family office and private fund advisor ($150 million AUM)
  • Investment advisor ($1.1 billion AUM)
  • State registered investment advisor ($90 million AUM)
  • Investment advisor/financial planner ($450 million AUM)
  • State registered investment advisor ($85 million AUM)
  • Global private fund sub-advisor ($300 million AUM)

Leadership

NCA Compliance

Hayley N. Nelson, President and Principal Compliance Consultant

Ms. Nelson has 20 years of SEC and industry experience. Prior to founding NCA Compliance in 2016, she was a Vice-President and Director of Compliance of First Eagle Investment Management, a $100 billion investment manager in New York, NY. At First Eagle, she worked on compliance issues relating to registered investment companies, private funds, separate managed accounts, and UCITs.

Before First Eagle, she worked at the Los Angeles Office of the U.S. Securities and Exchange Commission, where she conducted 50 examinations of investment advisors, investment companies, and hedge funds over a five year period. Over 20% of her examinations resulted in referrals to the SEC’s Division of Enforcement. (The average referral rate for IA/IC examinations is 5-10%). In 2004, she received a national award from the SEC for outstanding service. She has testified on behalf of the SEC on multiple occasions.

Ms. Nelson’s experience also includes 2 years as a registered securities principal of a dual-registered financial planning firm in Los Angeles, CA and 2.5 years with an institutional brokerage firm in New York.

She holds an MBA with a major in Finance from the University of Toronto and a Bachelor’s of Arts degree in Political Science at the University of British Columbia in Vancouver, Canada. She has passed the Series 7, 24, 63, and 66 examinations.