Industry Compliance Leaders Lisa Mosley and Dagny Young join the firm to help clients realize higher margins with lower compliance risks
Enhanced capabilities position a critical advantage to capture the largest and most complex engagements in the wealth management and insurance industries
LAMY, New Mexico, November 7, 2022 /PRNewswire/ — Essential Edge Compliance Outsourcing Services, LLC (“Essential Edge”), a regulatory and compliance oversight consultancy for financial services firms, today announced the launch of the practice of company’s insurance services and expanding its wealth management expertise with the hiring of industry veterans Lisa Mosley and Dagny Young.
Essential Edge’s service offerings aim to help heavily regulated financial services firms identify and resolve compliance issues in their sales and operations areas before they escalate into costly and time-consuming regulatory and legal issues. . The company was founded by the industry’s regulatory affairs and compliance leader Sander J. Ressler, who has over 30 years of experience with IBDs and RIAs. The firm’s team of compliance professionals average over 20 years of relevant professional experience and provide clients with comprehensive, cost-effective and high-quality advisory services.
The growing team will enable Essential Edge to increase its delivery of fully outsourced compliance branch inspections, problem-solving services and expert advice to supervisory jurisdiction (OSJ) offices, advisory firms financial affiliates with independent broker-dealers (IBD), registered investment advisers (RIA) and insurance practices nationwide.
Business expansion to meet large and complex customer needs
Ressler Sanderfounder and managing partner of Essential Edge, said, “We are delighted to welcome Lisa Mosley and Dagny Young, who each bring irreproachable professional credentials to the firm. Their addition to our senior team complements our insurance compliance oversight offerings, while augmenting our already strong wealth management capabilities. The expansion of our business now allows us to take on some of our clients’ largest and most complex projects.”
“The companies we support turn to us to solve problems that would otherwise keep their leaders awake at night, while reducing their risk and compliance costs. With their considerable knowledge and energy, I know that Lisa and Dagny will provide immediate input to our customers.”
Contain regulatory risk while reducing compliance costs
Lisa Mosley began her career with American International Group (AIG) in 1981 and held various positions, including her most recent role as Vice President of Operations. During her tenure at AIG, Ms. Mosley’s operational and tax management experience spanned both the P&C and Life Insurance aspects of the business.
Dagny Young, who brings over 25 years of experience in the financial services industry, has held a number of senior compliance and regulatory positions at several wealth management firms. She has worked on all aspects of the IBD and RIA business, including the design and implementation of corporate policies and procedures, risk assessment and product analysis, and due diligence.
“Essential Edge is a different consulting firm, and I’m excited to be part of its continued growth,” said Ms. Young. “IBDs and RIAs often need help with ad hoc compliance and regulatory issues and don’t always know where to turn. Essential Edge has a great business model that allows customers of all sizes to tap into resources experienced outsiders who can help them contain regulatory risk at a fraction of the cost of hiring in-house experts I can’t wait to get started.
“I am thrilled to begin the next chapter of my career with Sander and the team at Essential Edge.” said Mrs. Mosley. “During my tenure at AIG, I have handled all types of operational and regulatory issues and I believe my experience will be of great value to our customers in the insurance industry. I look forward to resolving their unique and often complex issues.”
About Essential Edge Compliance Outsourcing Services LLC
Essential Edge Compliance Outsourcing Services, LLC (“Essential Edge”) is a strategic consulting firm specializing in compliance and regulatory affairs. Based at Lamy, New Mexico and engaging more than 10 seasoned compliance monitoring professionals across the country, Essential Edge offers outsourced branch inspections to Offices of Supervisory Jurisdiction (OSJs) and broker-affiliated independent financial advisory firms across the country. country. Essential Edge’s service offerings are designed to quickly identify and resolve compliance issues in sales and branch operations for Independent Brokers before they escalate into costly and time-consuming issues. For more information, please visit www.eeoutsourcing.com.
Essential Edge Compliance Outsourcing Services, LLC
SOURCE Essential Edge Compliance Outsourcing Services, LLC