Outsourced Chief Compliance Officer Services
Regulatory risk protection.
Built like a boutique, not a factory.
Chenery Compliance Group is an independent, institutional-quality boutique providing outsourced SEC Chief Compliance Officer services and regulatory risk management for SEC registered investment advisers, registered investment companies and exempt reporting advisers, including: institutional and wealth investment managers, private fund managers, ETFs and open-ended funds, and series trusts.
Service & Risk Protection
Consultants per Engagement
Designated CCO
by Referral
Our Clients
We protect our clients from regulatory risk so they can focus on investing and growth.
Service Tiers
Our Solutions. Powering Your Success
There are three ways to engage us, scoped to what your program actually needs. From a fully designated CCO to targeted ERA support.
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| PilotOCCO | Co-PilotSupport CCO | NavigatorLimited & Customized Scope | ||
|---|---|---|---|---|
| RIA Support | ERA Support | |||
| Fixed Monthly Fee | Fixed Monthly Fee | Fixed Monthly Fee | Fixed Monthly Fee or Billable Hourly | |
| Designated CCO | Support CCO | |||
| General Consulting | Unlimited | Unlimited | Unlimited | |
| SEC / State Registration & Filings | ✓Billable | ✓Billable | ✓Billable | |
| Recurring Client Meetings | ✓ | ✓ | ✓ | |
| Regulatory Updates | ✓ | ✓ | ✓ | |
| Compliance Manual Creation & Maintenance | ✓ | ✓ | ✓ | |
| Annual Policies & Procedures Updates | ✓ | ✓ | ✓ | |
| Compliance Program Calendar | ✓ | ✓ | ||
| Quarterly Committee Meetings | ✓ | ✓ | ||
| Annual 206(4)-7 Compliance Testing | ✓ | ✓ | ||
| Annual Remediation Plan | ✓ | ✓ | ||
| Annual Compliance Meeting & Training | ✓ | ✓ | ||
| Annual Risk Assessment | ✓ | ✓ | ||
| Regulatory Filings | ✓ | ✓ | ✓ | |
| Code of Ethics & Personal Trading | ✓ | ✓ | ✓ | |
| Electronic Communications Review | ✓ | ✓ | ||
| Marketing Material Review | ✓ | ✓ | ✓ | |
| Regulatory Exam Support | ✓Billable | ✓Billable | ✓Billable | |
Client Coverage
Who We Serve
We are experts at building compliance programs around the regulatory requirements for each client type we support.
Institutional Advisers
Managers across public markets, private equity, hedge fund, private credit, and real estate strategies, built for institutional and fund-level compliance needs.
Private Wealth Advisers
Advisers serving individuals and families, from emerging RIAs to established wealth management practices.
Registered Funds & ETFs
Mutual funds and exchange-traded products, including board and 15(c) support.
Series Trusts
Multi-series trust structures, with compliance built to serve each series without duplicating the work.
Single Family Offices
Advisers to a single family's assets, with compliance scoped to the exclusion's specific requirements.
Commodity Trading Advisers
CTAs registered with the CFTC and NFA, with compliance programs built around managed futures and derivatives strategies.
Private Fund Experts
Industry Expertise
Select a focus area
We are keenly aware of the challenges facing private funds and provide custom solutions to address the compliance risks that impact private market advisers, including:
- Valuation policies, controls, and governance
- Portfolio management disclosures and governance
- Marketing and investor solicitation
- PPM and LPA review (for consistency with Form ADV disclosures)
- Allocation of fees and expenses
- Custody Rule compliance
- Conflicts of interest (political contributions, outside business activities)
of our clients are wealth managers
Our wealth practice spans a full range of adviser sizes — from emerging managers to established institutional-scale platforms.
Chenery Compliance Group (CCG) provides Fund Chief Compliance Officer (Fund CCO) solutions, independent from the Trust Administrator and Adviser, for open-end and exchange-traded funds.
CCG delivers a hands-on, tailored program by engaging seasoned, independent professionals alongside clients, service providers and the Fund's Board of Trustees. Our Fund CCO works closely with multiple administrators, legal counsel, audit firms, and advisers, gaining broad industry exposure and insights that enhance their understanding of best practices and strengthen governance support.
The CCG Fund CCO implements a comprehensive fund compliance program with the following attributes, and value to the trust:
Program
- Develops, administers, and monitors the Trust's written compliance policies and procedures, including those of key service providers.
- Provides independent oversight of the investment adviser, sub-advisers, distributor, administrator, transfer agent, and other critical vendors.
- Reports directly to the Board of Trustees, supporting informed governance through clear, candid, and risk-focused communication.
- Maintains a fund-complex-wide view of regulatory developments and emerging risks, translating change into practical program enhancements.
- Investigates material compliance issues, coordinates corrective action, and tracks remediation through resolution.
Value
- Promotes a culture of compliance, accountability, and investor protection.
- Provides an independent, brand-facing perspective on operational and regulatory risk.
- Strengthens oversight of third-party providers and complex fund operations.
- Supports early identification and timely resolution of issues before they become more significant regulatory, operational or reputational concerns.
- Enhances confidence among trustees, advisers, service providers, regulators, and shareholders that the Trust's compliance framework is active, responsive and appropriately governed.
Pilot — Designated CCO — Registered Funds & ETFs
- Designated Chief Compliance Officer
- Trust Compliance Manual Maintenance
- Compliance Calendar Maintenance
- Quarterly Board Reporting and Presentation
- Annual 38a-1 Testing and Presentation
- Oversee 38a-1 Remediation Plan
- Risk Assessment
- Adviser and Sub-Adviser Oversight and Due Diligence
- Code of Ethics Administration
- Compliance Oversight of Service Providers
- Conduct Annual Board Education
- General Consulting, Unlimited
Your Compliance Department
Why Partner with Chenery
We grow by referral. That's not a marketing line. Our clients, and their COIs, are our strongest advocates. Here's why:
Independent Boutique
- Fiercely independent.
- Our clients are 100% of our focus.
- Our growth is earned solely through referrals from our clients and from their COIs.
Seasoned Specialists
- Each client-facing team member has >15 years of both in-house investment operations and regulatory compliance consultant experience.
- We’ve been through market cycles, know your asset class and product vehicles.
- Your engagement team knows the impact of SEC regulations on your firm.
Hands-On
- Limit our CCOs to ≤ 4 designated CCO engagements.
- Minimum of two Team members assigned to each engagement.
- Intentionally, your engagement team has the capacity to know your firm and to proactively lead your compliance program.
Forward-Looking
- Our CCOs are embedded in your firm.
- They deliver proactive regulatory insight and action.
- We stay ahead of the SEC’s rulemaking to protect you from regulatory risk.
Proprietary Lifecycle
- Our Regulatory Compliance Lifecycle enables systematic and rigorous compliance calendar management.
- Powered by tasks, deliverables and a schedule to ensure thorough execution.
Technology Platform
- Leverage specialized compliance software built for investment advisers.
- Streamlines critical workflow in the compliance calendar and automates your Code of Ethics administration.
Our Proprietary Lifecycle
How We Do It
A systematic annual and quarterly cadence — layered over continuous, intra-quarter monitoring — so nothing in your compliance program is left to chance.
Hover over any Annual stage on the ring for the full breakdown
Intra-Quarter
Continuous Monitoring
- Electronic communication review
- Marketing material review
- Pre-clearance review
- Ad-hoc: violations, trade
errors, complaints, new hires - Regular client interface
Intra-Quarter · Continuous Monitoring
- Electronic communication review
- Marketing material review
- Pre-clearance review
- Ad-hoc: violations, trade errors, complaints, new hires
- Regular client interface
Team
Leadership
Founded by investment industry professionals and compliance officers, and still run by them.
Founders
Thomas C. De Cain
Co-Founder, Managing Partner
Thomas De Cain is a Founder and Managing Partner of Chenery Compliance Group and Managing Partner of Chenery Group, a boutique consultancy serving investment managers, with over 25 years of experience in the investment management industry. He previously launched the investment management practice for a top 20 global retained executive search boutique, held senior distribution roles at a major global asset management and investment banking firm, and led European sales at the stock exchange. He has also built two consultancy and service companies through exponential growth and subsequent sale. Tom is a graduate of Bucknell University and received his MBA from Northwestern’s Kellogg Graduate School of Management.
Stefanie J. Little
Co-Founder, Partner
Stefanie Little is a Founder and Partner of Chenery Compliance Group and Managing Partner of Little Consulting Group, with over 25 years of experience in the investment management industry. She currently serves as Chief Compliance Officer for several investment industry clients, and previously served as CCO for a number of registered investment advisers and mutual funds through a legal and compliance firm, building and overseeing compliance programs, leading SEC examinations, and conducting training. Prior to 2008, she headed the compliance function and then the legal function at Brandywine Global Investment Management, gaining experience across a range of investment products and vehicles. Stefanie is a graduate of the University of Delaware’s Lerner College of Business and Economics and received her JD from Widener Law School.
Our Leaders
John J. Canning
Managing Director, Chief Compliance Officer
John Canning is a Managing Director of Chenery Compliance Group, with over 25 years of private fund, mutual fund, compliance, operations, and asset management experience. He most recently served as a Senior Compliance Consultant at Foreside, including as an Outsourced CCO, and previously served as Chief Compliance Officer and Chief Operating Officer for Schneider Capital Management and for Context BH Capital Management/Context Asset Management. He also served as Director of the Compliance Program at a compliance services firm, chairing its Compliance Committee and acting as CCO to SEC registered investment advisers and registered investment companies. John graduated with his BS in Finance from La Salle University.
Colleen A. Kelly
Managing Director, Chief Compliance Officer
Colleen Kelly is a Managing Director of Chenery Compliance Group with over 30 years of experience in the investment management industry. She previously served as Chief Compliance Officer for NADART (the financial services division of NADA), for Cardinal Wealth Management Group, and as a founding principal and Chief Operating Officer for Columbia Partners Investment Management, where she helped build the firm’s compliance, financial, trade, and hedge fund operations. She has implemented and administered compliance programs for both SEC and state registered investment advisers and has managed numerous regulatory examinations. Colleen is a graduate of Villanova University and holds the Accredited Investment Fiduciary® (AIF®) designation.
Craig D. Moreshead
Managing Director, Chief Compliance Officer
Craig Moreshead serves as Managing Director at Chenery Compliance Group, with over 25 years of practical, forward-looking compliance experience to regulated financial institutions. Prior to joining Chenery, he was a Partner with ACA Global (formerly Foreside), leading the private funds group and outsourced chief compliance officer program, after beginning his career as in-house counsel for Lincoln Financial Group’s mutual fund practice. He has deep experience in Advisers Act and 40 Act compliance, regulatory examinations, corporate governance, and conflicts of interest, and is a frequent industry speaker on topics including marketing, exams, custody, and cybersecurity. Craig received his BA from Hofstra University and his JD from Capital University School of Law.
Our Team
Two compliance professionals are dedicated to each client engagement; each client-facing team leader has a minimum 15 years of both in-house operational and regulatory consultant experience.
Directors, CCOs
Compliance Officers
Associates
Services Support
Contact
If someone sent you here, let's talk.
We take on a small number of new clients each year, almost always through a referral. Tell us who connected you and a little about your firm, and we'll follow up directly.
Prefer to reach out directly? info@chenerycompliance.com · +1.484.367.3610
