Do firms like A&M HL kroll, have to deal with as much compliance bs as we do in public accounting firms? So many back end pains having to get the sow ready, legal help for certain cases, sending in conflict checks, and these god forsaken trainings.

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Conflict checks are easy as hell to do lmao

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Yeah I feel you. I hate the trainings 100%

Night and day. The amount of time wasted on audit /bureaucratic related non-sense was stunning at EY.

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If there’s no audit function at the firm, there will be wayyyy less red tape. I made the jump to a similar non-audit firm and it’s a world of difference

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I’m in Rx at Ankura. Was with big 4 many moons ago

Nope! Thankfully

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Outside of investment related compliance, considering the lack of an audit function — yes there is still general liabilities any firm can incur so of course there’s still compliance measures like you mentioned.

Kroll is a FINRA firm so still lots of compliance requirements.

I was a manager at deloitte before kroll and kroll is much easier. Just have to link investment accounts and pre clear trades of stocks (not etfs or mutual funds) and I haven’t seen many restricted stocks.

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