Bates News | 07-07-21
Bates Welcomes Mary Simonson to Bates Compliance
Bates welcomes Mary Simonson as a new Managing Director of Bates Compliance. A seasoned compliance professional with more than 30 years of experience, she brings a substantial background in compliance, supervision, and risk management leadership roles.
Ms. Simonson was the Executive Vice President and Chief Risk Officer at Advisor Group, Inc., responsible for developing and maintaining the firm’s risk management program and ensuring continuity of core practices during the 2016 separation of Advisor Group from AIG. Before assuming the role as Chief Risk Officer at the Advisor Group, Ms. Simonson was the Senior Vice President and Chief Compliance Officer of AIG Advisor Group, where she focused on the development, implementation and maintenance of all compliance procedures within the firm’s broker-dealers. She is registered with FINRA as a General Securities Representative Series 7, a General Securities Principal Series 24, and holds licenses for both Series 53 and Series 63.
Bates Compliance delivers guidance and tailored compliance consulting solutions to our broker-dealer, investment adviser and hybrid firm clients on an as-needed or ongoing basis. Our team—made up of experienced senior compliance, legal and former regulatory professionals—drafts and tests policies, procedures, and supervisory and compliance processes, recommending and implementing changes based on leading practices to enhance compliance and supervisory systems and to remediate regulatory, litigation and internal audit findings.