Advisory Compliance Solutions Merges with Joot

Joot grows its team and area of expertise!

Joining togetherCINCINNATI, OHIO – August 1, 2019 - Joot, a leading provider of compliance technology and services to small and middle-sized investment advisers, today announced its merger of Advisory Compliance Solutions, LLC (ACS). As part of the merger, Cynthia Lower Custer, Managing Member of ACS, will become Treasurer and Director of Compliance Services at Joot. 

“We are very excited to announce this merger and look forward to a closer partnership with ACS, which has been our earliest and strongest supporter. Cynthia and her team have been serving small and middle-sized investment advisers for decades, and they are acutely aware of the challenges that their clients face in an increasingly competitive and regulated marketplace.  Since we launched last summer, Joot and ACS have teamed up to meet all our clients regulatory needs. With ACS fully onboard, we will be able to leverage their decades of experience to build better technology for our clients. We are also excited to have Millicent Walker join us, given her extensive broker-dealer experience. Some of our clients are hybrid advisors and their compliance needs apply to both their advisory and brokerage business. With Cynthia and MIllicent on the team, we’re in a better position to meet those needs,” commented Bo Howell, Co-Founder and Chief Executive Officer of Joot.

Cynthia notes that “Bo and I have worked in this space for a long time and Joot’s vision of building simple and effective compliance tools for small and middle-sized investment advisers is exactly what these businesses need to remain competitive in today’s regulatory environment. I love how Joot is focused on serving this segment of the market and that its technology is built by people who have been a CCO and managed a compliance program. Since we first partnered with Joot last year, our partnership has grown organically and quickly, this merger is a natural evolution for us. I’m excited to help build technology that will free our clients to focus on growing their own business, and I’m excited to help.”

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