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logologologologo
  • About CIG
    • Our Story
    • Oversight
  • Services
    • Wealth Management
      • Asset Management
      • Alternative Investments
      • Client Experience
    • Business Advisory
      • Medical Practice Dashboard
      • Client Experience
  • Insights
  • Team
  • Careers
  • Contact
  • About CIG
    • Our Story
    • Oversight
  • Services
    • Wealth Management
      • Asset Management
      • Alternative Investments
      • Client Experience
    • Business Advisory
      • Medical Practice Dashboard
      • Client Experience
  • Insights
  • Team
  • Careers
  • Contact

GOVERNANCE AND OVERSIGHT

Our Corporate Commitments

When properly implemented, a governance operating model defines the mechanisms and interaction points by which oversight will be implemented across a firm; the aim is proactive protection.

Best practices in governance and oversight include proper trading, staffing, compliance, and vendor due diligence, but CIG Capital Advisors has found that an effective governance operating model also includes some broader components:

CIGCapitalAdvisors-GovernaceandOversight-Culture

CULTURE

Enables the behaviors and activities needed for effective governance by establishing: core values, continuous improvement, and business operating principles, performance measurement and management, leadership and employee talent development programs.

RESPONSIBILITIES

Defines specific oversight activities and obligations: compliance department, investment management committee, risk management committee,  leadership and employees.

INFRASTRUCTURE

Provides a governance framework for consistent scalable day-to-day operations: policies and procedures, measures and metrics, IT and communications support, reporting structure, committee structure, and control.

Other elements of CIG Capital Advisors’ governance and oversight program include:

COMPLIANCE DEPARTMENT

The function of the Compliance Department is to monitor the day to-day sales functions of the firm and routinely test compliance procedures, so as to help avoid the risk associated with violations of securities regulations and state laws. CIG Compliance Department members seek to identify areas of risk, document such findings, implement effective written procedures, and resolve issues that are uncovered as part of a comprehensive program. They also strive to instill a “culture of compliance” throughout the firm by offering continuous training and communications with staff.

INVESTMENT COMMITTEE

The Investment Committee meets bi-weekly and is made up of the firm’s Managing Principal and members of the Asset and Wealth Management departments. Its primary objective is to establish and maintain the firm’s overall investment policy and to carry out the firm’s investment management process.

The Committee is also designed to approve and manage the firm’s investment decision making process. It provides an open forum for the free exchange of ideas and suggestions and has been empowered to establish a formal process which is used for the ongoing management of the firm’s investment strategy.

The firm’s investment management process consists of:

  • Creating CIG’s Investment Philosophy
  • Developing CIG’s Investment Strategies
  • Implementing procedures for selecting and monitoring investment options
  • Identifying investment-related risks and establishing the companies’ policy towards risk
  • Establishing benchmarks for measuring performance
  • Formulating criteria and procedures for replacing investments
  • Performing other investment-related duties and responsibilities as needed

RISK MANAGEMENT COMMITTEE

The Risk Management Committee meets quarterly and is made up of the members of CIG Capital Advisor’s Investment Committee in addition to the firm’s Chief Compliance Officer. Its primary objective is to provide oversight to the firm’s investment management process and to verify that its processes and controls are effective in protecting clients as well as the firm. The Committee brings an additional level of surveillance to the firm’s management of its client’s assets and is designed to provide various oversight to ensure that the investment methodology is being carried out as prescribed by the Investment Committee. Any potential areas of risk are identified, assessed, and reported in an open, transparent, and object manner.

One way the committee may identify potential risk to the firm’s client portfolios is by performing periodic portfolio reviews. Prior to each quarterly meeting, members of the committee perform a comprehensive review of various client holdings, allocation, and performance reports to try and identify any possible anomalies which may exist for any client portfolio. If any potential issues are identified by these reviews, they are presented and reviewed by the committee and an appropriate response plan is implemented as necessary.

Other responsibilities of the Risk Management Committee may include:

  • Identifying any potential operational risks and making recommendations as to any necessary changes or enhancements to the firm’s trading or reporting systems
  • Identifying any potential Compliance (legal or regulatory) risks and making recommendations as to any potential changes within the firm’s Written Supervisory Procedures
  • Initiating any other actions as necessary

QUICK LINKS

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SOCIAL

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CONTACT

One Towne Square
Suite 1850
Southfield, MI 48076
248.827.1010

Securities Offered Through CIG Securities, Inc., Member FINRA/SIPC.
Investment Advisory Services Available Through CIG Asset Management, Inc., a SEC Registered Investment Adviser.

Insurance Services Provided by CIG Risk Management, Inc.
All Are Wholly Owned Subsidiaries of CIG Capital Advisors, Inc.

"Elevate Your Success" and "Plan to Succeed" are registered trademarks of CIG Capital Advisors. All rights reserved.

 

Please read the Terms of Use and Disclosures.
Click here for CIG Asset Management Form CRS or CIG Securities Form CRS.

Check the background of CIG Securities, Inc. or any of its Investment Professionals on FINRA’S BrokerCheck site at: http://brokercheck.finra.org/

 

© 2022 CIG Capital Advisors, Inc. All rights reserved.

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