SOURCE: RIA In A Box

RIA In A Box

September 02, 2009 10:00 ET

Hovig Melkonian Joins RIA In A Box as Compliance Director and Auditor

HOUSTON, TX--(Marketwire - September 2, 2009) - RIA In A Box (www.riainabox.com), a consulting business aimed exclusively at efficient creation of registered investment advisory firms, today announced that Hovig Melkonian has joined the firm as Compliance Director and Auditor. Melkonian is providing the RIA In A Box's mock audit services to RIA firms. His audit services will offer extra preparation for SEC and state regulatory audits for RIAs which want it.

Prior to joining RIA In A Box, Melkonian worked at Goldman Sachs as a consultant in their Compliance Department. He earned his JD at Hofstra Law School and his undergraduate degree at St. John's University.

At RIA In A Box, Melkonian will be responsible for mock audits where he will review materials such as the ADVs, client agreements, files and folders, books and records, policies and procedures, and advertising, marketing and promotion materials which the state or the SEC will look for during a standard first-year audit. The mock audits, which take between three and five hours, include an interview with the RIA firm principal to ensure all the materials and information are in synch and Melkonian will also answer additional compliance questions.

Finally, Melkonian's audits include a random sampling of all materials and he will provide the RIA owners with an audit report highlighting any potential issues and suggestions for improvements.

"I think the mock audit services are extremely effective, helping RIA firms to get really organized for those first official audits from the SEC or the state. I help them determine what to be on the lookout for, how to come into compliance and how to stay that way. It's all about assisting firms to establish really good habits," explained Melkonian.

"RIA In A Box wants to help all our clients get ready for audits, if they feel they need the help," said Zachary Gronich, president, RIA In A Box. "As I always remind our clients, if they ever have a problem or issue that arises during a state or SEC audit, we will respond to the official audit letter and take care of it at no charge."

About RIA In A Box

RIA IN A BOX is a consulting firm specializing in preparing RIA registration materials for the creation of registered investment advisory firms most efficiently, submitting the requirements to the states and SEC in only three to seven days. Since its founding by Zachary Gronich, CPA/PFS, in 2005, RIA IN A BOX has helped over 700 advisory firms get registered quickly and correctly the first time. RIA IN A BOX works with all 50 states, Washington, DC, and the SEC. The firm is headquartered in Houston and has recently opened an office in Manhattan. For more information, visit www.riainabox.com or call (866) 611-7638.

Contact Information

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