Allison Fraser
Allison is a Managing Director at Salus GRC with over 25 years of compliance and consulting experience. She works with investment advisers, registered investment companies and private investment funds to develop tailored compliance programs, evaluate their controls and assist with regulatory examinations. The services she provides include conducting annual compliance program reviews and testing, developing risk assessments, conducting due diligence reviews of sub-advisers and service providers, and preparing for SEC examinations. She also assists clients with drafting policies and procedures, conducting annual and focused compliance and ethics training, and preparing regulatory filings. Allison is an experienced chief compliance officer having served as CCO for registered investment companies.
Prior to joining Salus GRC, Allison was Director-Institutional and Registered Investment Company Services of the Compliance Services practice at Confluence (formerly Ascendant Compliance Management). There, she led a team of consultants in providing compliance solutions to clients. Before Confluence, she was a Senior Vice President of Compliance at Northern Trust Asset Management (NTAM). In this capacity, she managed and administered the compliance due diligence program for NTAM's multi-manager solutions and outsourced Chief Investment Officer programs, which included over 300 sub-advisers consisting of investment advisers, private funds and registered investment companies. Additionally, Allison served as the Chief Compliance Officer of two registered funds of hedge funds advised by NTAM. Earlier in her career, Allison served as the Compliance Director of General Motors Asset Management where she assisted with the administration of the compliance program for this registered investment adviser and its affiliated private fund adviser.
Allison earned a B.S. from the University of Vermont and a Legal Assistant Certificate from The George Washington University. Allison has also obtained the designation as a Certified Fraud Examiner (CFE). The CFE credential denotes proven expertise in fraud prevention, detection and deterrence.
9d. IA/IC/PF - Outsourcing to Service Providers (Intermediate - OPEN)