Allan Mcdonell Email and Phone Number

Envestnet is a leading independent provider of technology-enabled investment and practice management solutions to financial advisors. In this role I partner with the business unit to promote adoption of Compliance policies and best practices, providing guidance and oversight to managers and staff on compliance standards. This position also entails:- Acting as an Insurance Product Subject Matter Expert, consulting on department-driven projects and initiatives;- Develop, implement… Show more Envestnet is a leading independent provider of technology-enabled investment and practice management solutions to financial advisors. In this role I partner with the business unit to promote adoption of Compliance policies and best practices, providing guidance and oversight to managers and staff on compliance standards. This position also entails:- Acting as an Insurance Product Subject Matter Expert, consulting on department-driven projects and initiatives;- Develop, implement, and maintain policies and procedures governing the sale and supporting operations of insurance products and services;- Coordinate response and resolution of significant regulatory inquiries as appropriate;- Support all legislative/regulatory monitoring efforts, including oversight of the design and implementation of compliance solutions to address legal and regulatory requirementsOther responsibilities include support of Envestnet's established corporate business practices, policies, internal controls and procedures designed to create value or minimize risk. Show less

Senior Compliance Analyst positions provides extensive knowledge and expertise with SEC, FINRA, SEC 1940 Act, ERISA, & DOL rules and regulations. Through the use of sophisticated software, this position will monitor and supervise the activities of all registered personnel within the organization. Provides appropriate guidance and experience while working and communicating with regulatory agencies and exchanges. Has the ability to negotiate solutions to complicated matters with all levels of… Show more Senior Compliance Analyst positions provides extensive knowledge and expertise with SEC, FINRA, SEC 1940 Act, ERISA, & DOL rules and regulations. Through the use of sophisticated software, this position will monitor and supervise the activities of all registered personnel within the organization. Provides appropriate guidance and experience while working and communicating with regulatory agencies and exchanges. Has the ability to negotiate solutions to complicated matters with all levels of the Company's senior and field management. The position maintains a broad degree of latitude in decision making and defining appropriate solutions to compliance related issues. Show less

While applying a high attention to detail, communication skills, and an experienced background in the financial securities business, current responsibilities include, while not limited to the following:- Conduct suitability review of customer trading activity, mutual funds, variable annuities and equities, ensuring compliance with all internal procedures and industry regulations.- Review and approve client new account documentation and trade blotters.- Conduct onsite branch exams of… Show more While applying a high attention to detail, communication skills, and an experienced background in the financial securities business, current responsibilities include, while not limited to the following:- Conduct suitability review of customer trading activity, mutual funds, variable annuities and equities, ensuring compliance with all internal procedures and industry regulations.- Review and approve client new account documentation and trade blotters.- Conduct onsite branch exams of registered branch offices, report findings to CCO.- Conduct onsite training for newly contracted registered representatives.- Analyze trade and execution reports and take appropriate action- Perform all duties associated with CROP designation- Identify and analyze customer and firm risk, update CCO as necessary- Evaluates possible solutions to complex problems, prioritizing, and refining those solutions.- Provide any operational support by researching solutions to complex problems. Show less

Manage and oversee the supervision of all unassigned investment client accounts. Review, consult, and coordinate the response to all customer complaints for the broker/dealer and department. Chairman of Margin Committee and department privacy officer.Partner with all levels of management to ensure Company procedures are properly enforced. Take the lead in developing and training Home Office personnel, agency staff, and producers on the application and reasoning behind the Company… Show more Manage and oversee the supervision of all unassigned investment client accounts. Review, consult, and coordinate the response to all customer complaints for the broker/dealer and department. Chairman of Margin Committee and department privacy officer.Partner with all levels of management to ensure Company procedures are properly enforced. Take the lead in developing and training Home Office personnel, agency staff, and producers on the application and reasoning behind the Company marketplace policies. Coordinate all department divisions in responding to regulatory requests in a timely and compliant manner, and communicate the review and response to changes in the federal and state laws across the department. Conduct investigations into potential cases of senior financial abuse and/or diminished capacity. Daily review of flagged transactions for AML violations, including completion of SAR filings, as needed. Conduct investigations and responses for cases of involving breach of client privacy. Review monthly all account activity in Company's advisory area through the review of several monitoring reports. Meet monthly with advisory team management to analyze results, and coordinate effective corrective solutions to any issues regarding account activity or performance.Review and update procedures in response to regulatory rule changes, while providing the appropriate training to the parties responsible for their implementation. Show less

Managed fifteen individuals in the security trading desks, and the back office operations for the organization's B/D and RIA. Work with all levels of management in developing field and back office procedures, conducting group-training sessions, and act as a liaison for the firm to the MSRB, NASD/TRACE, and on-site regulatory examinations. Served on numerous internal corporate committees as department representative including but not limited to the following:Co-chair Best… Show more Managed fifteen individuals in the security trading desks, and the back office operations for the organization's B/D and RIA. Work with all levels of management in developing field and back office procedures, conducting group-training sessions, and act as a liaison for the firm to the MSRB, NASD/TRACE, and on-site regulatory examinations. Served on numerous internal corporate committees as department representative including but not limited to the following:Co-chair Best Execution CommitteeChairman of Margin CommitteeBusiness Continuity Planning & TestingB/D Operations CommitteeDepartment Steering CommitteeReg. Rep Continued Education Planning CommitteeSole securities principal sign-off, approval, and review for the following:All securities transactions executed at the trading deskAll outgoing customer correspondenceAll security trade correctionsReview and reporting of TRACE & MSRB transactionsAll margin account approval, monitoring, and reports to managementOversea wire orders and subpoenas Show less

Oversaw all aspects of ethics and compliance programs at the Zone, Territorial, Regional, and Agency levels working with all levels of management. Conducted agency visits and provided specialized training, and analyzed, investigated, and evaluated incidents of noncompliance and assist agency management with timely and appropriate disciplinary action.

Responsibilities included conducting the required NASD annual compliance meeting and continuing education session. Conducted NASD required branch office audits for 122 offices in a 10-state territory. Provided upper management with input for annual meeting topics, supervisory procedure amendments, and advance notice of potential compliance problems.

Enforced compliance with SEC, FINRA, and MSRB rules by conducting on site examinations of member firms. Examinations included: Audit of net capital and customer possession and control computations, NASDAQ trade reporting, and NASDAQ and MSRB mark-up/mark-down analysis.

While trading for my own account I demonstrated an ability to trade in a variety of markets employing various strategies trading OEX, equity, and grain options while a member of the Chicago Board of Trade, and the Chicago Board of Options Exchange.