Richard Jenkins brings over 30 years of financial industry experience to the ASCHCO Consulting Group. He comes to ASCHCO having led a diversified investment business as CEO and Chairman of its asset management, wealth management, and distribution operations. In addition to his leadership role, Richard established all compliance functions, served as Chief Compliance Officer, and coordinated all outside compliance support groups. Throughout his career, he has worked at leading financial firms such as Price Waterhouse (now PWC) and Merrill Lynch where he worked in both audit and compliance related roles. Richard has extensive technology experience and was the creator and developer of a risk-assessment system to aid audit, compliance, and forensic audit groups at Merrill Lynch. He has sales and marketing experience including having been a Director in the Marketing group at Merrill Lynch Investment Managers and a Financial Adviser for both Merrill Lynch and UBS.
Specializing in alternative investments, including private funds and liquid alternatives, Richard is a recognized leader in the asset management industry having chaired forums and been a frequent presenter at alternative investment conferences. He brings his extensive business, compliance, audit, tax, strategy, and operations experience to each of his consulting engagements. Having served in nearly all aspects of the investment business, he also utilizes his unique 360-degree view of business operations in conducting his consulting engagements. Previous responsibilities have included product profitability reporting, predictive analytics, and business strategy giving Richard an unmatched understanding of the importance of building profitable solutions and the compliance role in achieving long-term success. His leadership roles have included CEO of a single family office, the named CEO for two REITs, and CEO/COO of a hedge fund and liquid alternatives business.
As an independent consultant for the ASCHCO Consulting Group, Richard provides compliance, operations, and strategic reviews for registered investment advisers of private funds, family offices, and retail wealth management. In addition, he consults on global compliance issues faced by investment advisers and private funds which do business outside the U.S. including AIFMD, EMIR, MIFIR, and other global trading and operations challenges. For distributors and advisers of private funds and liquid alternatives, Richard assists with due diligence reviews, AML programs, and private placement solicitation procedures. He has extensive C-level experience and is qualified to serve as interim CEO, COO, CFO, and CCO for investment advisers, family offices, and private fund operators.
Richard is a graduate of California State University at Los Angeles with a Bachelor of Science degree in Business Administration. He is a Certified Public Accountant, Certified Financial Planner, and held the Series 7 and Series 66.
EXPERIENCE
ASCHCO Consulting Group, Advisory Board Chairman, Independent Consultant – March 2016 to Present
Stone Toro Group of Companies, Chairman/CEO/COO/CFO/CCO – 2009 to Present
UBS Global Wealth Management, Financial Adviser – 2008 to 2009
Merrill Lynch Global Private Client, Financial Adviser – 2004 to 2008
Merrill Lynch Investment Managers, Director Finance & Marketing – 1999 to 2004
Merrill Lynch Corporate Audit, Forensic Audit Team – 1996 to 1999
Independent Business Consultant, Real Estate/Tax/M&A – 1991 to 1996
Private Single Family Office, CEO/COO – 1986 to 1991
Richard H. Jenkins, CPA, Private Accounting Practice – 1983 to 1986
PriceWaterhouse, Audit and Tax Departments – 1981 to 1983