Michelle Nelson Email & Phone Number

Baltimore, Maryland, Us

I serve as the lead retail investment advisory attorney for T. Rowe Price Advisory Services, Inc., an SEC-registered investment adviser. I also support the enterprise's retail brokerage business, T. Rowe Price Investment Services, Inc., a registered broker-dealer. In my legal role, I serve as a member of the Individual Investors Advice Operating Lead Team and support governance committees overseeing the retail advisory business. I provide legal advice and advise on risk in the development and launch of new programs, services and educational tools, legal disclosures and documents, including Form ADV, Form CRS and client agreements, marketing materials, and compliance and supervisory policies and procedures.

Milwaukee, Wi, Us

I served as the lead subject matter expert for my firm’s retail investment advisory business in Compliance. Significant contributions include leading projects and the development of policies, procedures and controls related to performance reporting benchmark processes, third party investment manager due diligence standards and potential conflicts of interest, mutual fund and exchange traded fund wrap fee program, external custodied advisory accounts, unified managed account program, principal trading, affiliated products, state law and professional fiduciary standards, and discretionary financial advisor as portfolio manager program, including research file standards, suitability guidance and processes to ensure that accounts are being managed in accordance with client investment objectives and investment strategies. I also represented my team, Private Wealth Management Compliance, on a number of corporate committees.

Minneapolis, Mn, Us

I served in the role of Corporate Secretary to a Board of Trustees of a multiple series investment company with 22 investment advisers and 47 active mutual funds. In my role at USBFS, I provided legal administration services to the multiple series investment company, as well as proprietary mutual fund families. To support our clients with legal administration services, I collaborated and coordinated with a team comprised of two other attorneys, a paralegal and an EDGAR filer. My team was responsible for preparing and filing mutual fund registration statements and supplements, coordinating and preparing materials for Board meetings, and providing other legal administration services.

Milwaukee, Wi, Us

I provided legal advice to NM and its subsidiaries regarding investment adviser, banking, broker-dealer, securities, and consumer financial protection law. I was a significant contributor to a variety of projects, including Dodd-Frank Act team, NM's deregistration as a savings and loan holding company, deregistration of limited purpose federal thrift as an investment adviser, retail investment business’s initiative to build a home office servicing structure for unassigned investment accounts, creation of centralized service desk in the field, expansion of trust company’s business plan and national footprint, and vendor oversight initiatives. Other significant contributions included matters involving corporate governance, management interlocks, affiliated transactions, investment adviser referral program, field succession planning, compensation, advertising, licensing and registration, field contracts, intercompany services agreements, identity theft (red flags), and knowledge management. I served as Secretary to the Human Resources (Board) Committee and Assistant Secretary to Board of Directors of NM’s limited purpose federal savings bank subsidiary, Secretary to Administration and Operations (Management) Committee of same, and legal staff to Registrations (Management) Committee of NM’s registered broker-dealer and investment adviser subsidiary.While I was employed at NM, I also developed skills that are valued in a team-oriented, corporate environment, including driving for results, problem-solving, creativity, communication, collaboration and coordination with clients, peers and stakeholders, partnering, consensus-driven and collective decision-making, agility and flexibility, risk tolerance and acceptance of risk.

Milwaukee, Wi, Us

I represented public operating companies, privately-held companies, mutual funds, hedge funds, investment advisers and broker-dealer in a variety of matters, including private and public securities offerings, SEC compliance and reporting, corporate governance, mergers and acquisitions, representation before the SEC, NASD, state securities commissions and stock exchanges, and organization and registration of entities. My responsibilities included: preparation and review of registration statements, periodic reports, proxy statements and directors’ and officers’ questionnaires; negotiation and preparation of stock purchase agreements, asset purchase agreements, plans of reorganization and distribution agreements; preparation and review of confidential private offering memoranda, review and analysis of corporate governance matters; and preparation and review of various policies and procedures.

B.A., Cum Laude, Government And Slavic Languages And Literature

J.D., Law