Six Ways to Use FIN Lancer for Compliance & Business Tasks

By Cory Roberson, Principal of FIN Compliance, Lancer, Ventures

By David McNeal, Contributor of My Compliance Blog 

April 7, 2020.   FIN Lancer is a tool for firms to share documents, delegate tasks, send communications, and prepare e-contracts with advisors, reps, consultants, staff, client, vendors, and other investment advisors.  
FIN Lancer is now integrated onto our compliance management dashboard at: FINCompliance.io. 

Six ways to Use our Business Management Portal 

1 - Share ADV Documents with your team via Project or Client Center.

2 - Share sensitive files/folders with your compliance or operations staff.
3 – Send annual ADV/public disclosure documents* via email or link (for non-secure/public records). 

4 - Enter your Paypal.me link to send invoices to vendors.

5 - Access our E-Contracts plugin to send new or updated agreements to clients.

6 - Add your Profile to FIN Lancer Advisor Directory to connect w/ other firms.

Tools/Systems uses in FIN Lancer include:

File Sharing to other system users (compliance/operations staff)

(sending docs to users w or w/o sensitive information)

Steps:

1 - Create Folder Name in Client or Project Center

2 - Click on click on Black symbol (under tools)  to add a user

3 - See add users screen

4 - Click on a Folder to add/view files

5 - Drag/Drop files from your desktop or directory

File Sharing with links for public documents (ADV/general disclosure documents)

(sending docs via email w/ no sensitive information or encryption needed)

Steps:

1 - Go to File Listings (Drag/Drop section)

2 - Click on to share open link with anyone (not secure)

Integrate your firm Paypal.me link (billing vendors)

(vendors/not for client billing)

Steps:

1 - Go to Invoicing/Billing (Drag/Drop section)

2 - Add Paypal.me link (see instructions or go to https://www.paypal.me/)

3- Create invoice and send to vendors

Using E-Contracts Plugin (for clients, vendors, or other third-party agreements)

Steps:

1 - Click on E-Contracts tab

2 - Select Add New Document to create contracts

3 - Follow links to create, send, and track contracts.

4 - Enter Email information of user/sender

5 - Enter contract/agreement information and send for signing

Creating an Advisor Directory Profile 

(For partnerships, third party solicitors, continuity, or other business relationship building)

Steps:

1 - Login to your Premium or Premium Plus account: FINCompliance.io  

2 - Click on FIN Lancer tab

3 - Click on Advisor Directory

4 - Add/edit a business profile

5 - Profile featured on Advisor Directory

Need to consider partnerships, solicitor arrangements, or business continuity plans with other firms in light of Covid - 19 or other vulnerabilities? --consider signing up for a profile to link with other firms. 

Privacy Disclosure - The information entered here will be viewable by all paid users. By filling out this form, you agree to have your firm information shared with other users for business development purposes only. You agree to defend, hold harmless, and indemnify FIN Lancer/FIN Compliance from any cost, loss, or damages of any type as a results any third party communications that arise from the information listed in this directory. Review our Terms of Use and Privacy policy.

FIN Compliance Products and Services 

RIA Registration Services:  New/existing firms.

RIA Compliance Consulting:  Ongoing/annual services.

Compliance Management System: Compliance portal for resources, forms, and checklists.

Business Management System: Business portal for file sharing, e-contracts, and more. 

Advisor Transition Support:  RIA Matchmaking/continuity services.

Business/Referral Network: Inquire about advertising/consulting projects. 

Our Approach

Compliance Management - We work with companies who are seeking to manage their compliance obligations - serving more than 175+ firms with compliance services and a system of SEC and state regulatory resources located on one site.

Business Management - We provide firms with task-management processes and a business directory to connect with other firms for continuity, succession planning, partnerships, and deal flow.  Also, we have a small network of referral partners for practice management, operations workflows, accounting, and website design.

Needs Analysis Workflow - We work with firms in determining their compliance management priorities.  During/after a need’s analysis, we provide firms with compliance/business service options to address those needs and will provide firms with sample workflows for task delegation purposes.

Audit Preparation - We help firms in addressing compliance deficiencies while acting as an intermediary for resolving issues between (you) the advisor and regulators/examiners. We can also assist firms in audit prep measures.

Regulatory Changes - We research regulatory updates from state, SEC, and/or FINRA jurisdictions. We’re here to help as some rules/regulations may be amended over time.

About FIN Compliance 

FIN Compliance  (FinCompliance.io) is a consortium of compliance, consulting, and business management solutions designed to help boutique investment firms to structure, maintain, and develop their internal regulatory review programs.  

Our product line consists of:  RIA Consults-Roberson Consults Group, a compliance consulting firm, RIA Review, a compliance-management system, B-D Review, a Hybrid-management system (est. in 2020)*, and FIN Lancer, a Business/Task Management system. 

Impact/Missions

FIN Ventures focuses on business strategy consulting for impact-based projects (FINVentures.io).  

FIN Missions (FINmissions.com) provides business/vision support group sessions for other entrepreneurs and youth mentoring.  In addition, Cory has volunteered for more than fifteen youth programs in locations such as like S. Korea, China, S. Africa, Thailand, and India.

Contact:  Cory Roberson - Cory@RIAconsults.com