Our SEC Compliance Consultants
“Focus 1 Associates isn’t just a vendor or an outsourcing services firm; they are a valued partner with our company, and the value they contribute directly impacts our clients. Focus 1 Associates’ professionals are knowledgeable, experienced, and most of all trustworthy. I often think my biggest mistake as a stakeholder of my firm is not partnering with them sooner. Whether I need advice on firm policies and procedures, an internal compliance issue or navigation through an SEC examination, Focus 1 Associates is there to provide expert guidance.”
Partner, Chief Compliance and Financial Officer
Old West Investment Management, LLC
Our team of professionals is direct, honest and objective and has experience in the areas of:
- SEC compliance,
- GIPS compliance and verification,
- attestation engagements,
- third-party compliance reviews,
- buy-side trading and operations, and
- SAS 70 (now known as an SSAE 16) policy and procedure audits.
We also hold a variety of credentials, including CFA , CFP, CIPM, CPA, CSCP, and IACCP®.
We have worked together, as a team, for over 10 years. Our size and focus allows us to spend the bulk of our time serving clients, rather than fulfilling management or administrative functions.
TIMOTHY M. SIMONS, CFA, CIPM, CSCP, CFP®
Senior Managing Member
Tim has nearly 30 years of SEC compliance experience working with investment advisers of all sizes, across all asset classes. Prior to joining FOCUS 1, Tim was a Chief Compliance Examiner in the SEC’s Philadelphia Office where he also supervised a Branch of Investment Adviser/Investment Company Examiners and participated in over 200 examinations between 1988 and 2000. In addition to being a regular speaker at several regional industry conferences, he was an instructor at SEC national training for new examiners for many years.
In 2001, Tim became a Partner with an internationally recognized GIPS compliance and verification specialist firm, performing and managing GIPS verifications for clients and integrating the review of client presentations for SEC disclosures as well as GIPS disclosures. When FOCUS 1’s predecessor firm was first established, Tim became its first Managing Director, and eventually as he serves today, Senior Managing Member.
He currently works with many of FOCUS 1’s clients, assisting the firm and the CCO with updating policies and procedures, assisting with regulatory filings, designing and implementing testing for the firm’s annual review, reviewing marketing materials, and conducting Mock SEC examinations. Tim conducts training webinars for FOCUS 1’s clients and the financial industry at large and is regularly invited to speak at industry conferences. His column, “Simons Says,” which provides commentary on the changes in the compliance environment and a seasoned perspective, is published in a variety of industry publications, including Emerging Manager Monthly and NSCP Currents as well as in FOCUS 1’s newsletter and blog.
Tim enjoys the change from the SEC and the opportunity to assist advisers in resolving their deficiencies, rather than just informing advisers that they have deficiencies.
- Certified Financial Planner (CFP®) 1990
- Certified Public Accountant (CPA) 1992-2015
- Chartered Financial Analyst (CFA) 1998
- Certified Securities Compliance Professional (CSCP) 2007
- Certificate in Performance Measurement (CIPM) 2008
- Financial Planning Association, Member since 1990
- American Institute of Certified Public Accountants, Member 1992-2015
- CPA Societies of Pennsylvania and Tennessee, Member 1992-2015
- Chartered Financial Analysts Institute, Member since 1998
- Financial Analysts of Philadelphia
- Member since 1998
- Director 2000-2003
- National Society of Compliance Professionals
- Member since 2000
- Director 2004-2007
- Finance Committee since 2006
- Investment Committee since 2006
- Chairman of Board of Governors for CSCP Designation 2008-2010
- Memphis Society of Financial Analysts, Member since 2004
- GIPS Interpretations Subcommittee, U.S. representative 2004 – 2009
- North American Investment Performance Committee, U.S. representative 2005 – 2009
- CIPM Association, Member since 2008
- Masters Degree in Business Administration
(emphasis in Accounting and Finance)
George Mason University
- Bachelor of Science degree in Engineering
New Brunswick, New Jersey
- U.S. Army
- Tours of duty in Germany and Vietnam
TOBIN S. COCHRAN, IACCP®
(541) 201-2001 x101
Tobin has over 20 years of experience working with investment advisers of all sizes, across all asset classes, within the United States, Asia and Europe. He currently heads FOCUS 1’s client service and business development efforts, while also managing several on-going client relationships pertaining to quarterly and annual compliance reviews and mock SEC examinations.
Prior to July 2010 Tobin served as Partner and President of an internationally recognized specialist CPA firm for nearly 10 years, overseeing over 100 GIPS client relationships within the United States, Asia and Europe. Tobin also served as a member of the Executive Committee where he helped set strategy and implement operational and growth objectives. Tobin was instrumental in helping to develop several significant strategic alliances with other key providers within the investment management industry. Tobin also served as a Managing Director for the international entity under common ownership, and was instrumental in negotiating and establishing joint venture businesses in Seoul, South Korea and Tokyo, Japan, and in securing and developing client relationships throughout Asia and Continental Europe.
- Investment Adviser Certified Compliance Professional (IACCP®) 2013
- Certificate of Investment Performance Measurement (CIPM) candidate
- Passed the Principles level and anticipates sitting for the Expert level in late 2017.
- Bachelor of Arts in Business Administration
(emphasis in Accounting and minor in Economics)
Southern Oregon University
ELIZABETH L. COPE, CPA, CIPM, CSCP
(541) 201-2001 x102
Elizabeth has nearly 15 years of experience working with investment advisers of all sizes, across all asset classes, within the United States and parts of Asia and Europe. She currently works with many of FOCUS 1’s clients assisting the firm and the CCO with their annual review, update of policies and procedures and regulatory filings, forensic testing, marketing material review, and mock SEC examinations.
Prior to July 2010 Elizabeth worked for an internationally recognized GIPS compliance and verification specialist firm collectively managing over a hundred GIPS Verifications, SAS 70 Audits, Surprise Custody Examinations and Hedge Fund Audits on a global basis. She also conducted mock SEC exams under the auspices of FOCUS 1’s predecessor firm. It is through this experience that she gained an in-depth understanding of the investment industry. It is her goal to provide each client practical compliance solutions that allow them to enforce a strong culture of compliance and in turn focus on what they do best…manage money and service their clients. Elizabeth is a Certified Public Accountant (CPA). She also holds her Certificate in Investment Performance Measurement (CIPM), Certified Securities Compliance Professional® (CSCP®) credential, and is a member of the CIPM Association, National Society of Compliance Professionals, and Oregon Society of CPAs. Elizabeth sits on the Board in addition to acting as Treasurer for the Ethan Jostad Foundation.
Elizabeth graduated from Southern Oregon University with a BS in Business Administration with an emphasis in Accounting and a BS in Computer Information Systems. During this time, she served as Vice President of the Accounting Students Association and earned the 2001 Outstanding Accounting Student of the Year award.
MONICA M. BULLARD, CPA, CSCP
(541) 201-2001 x103
Monica has over 13 years of experience working with investment advisers of all sizes, across all asset classes, throughout the United States. She currently works with many of FOCUS 1’s clients consulting on regulatory, compliance and internal control issues. Monica also regularly conducts annual reviews, due diligence reviews, and mock SEC examinations for investment advisers.
Prior to July 2010 Monica worked for an internationally recognized GIPS compliance and verification specialist firm managing SAS 70 Audits, Surprise Custody Examinations, Agreed upon Procedures and GIPS Verifications for investment advisers. She also conducted mock SEC exams under the auspices of FOCUS 1’s predecessor firm. Monica gained her in-depth understanding of the investment industry during her time at both of these firms. Monica is a Certified Public Accountant (CPA) and holds the Certified Securities Compliance Professional® (CSCP) credential. Monica is a member of the Oregon Society of Public Accountants and the National Society of Compliance Professionals. Monica graduated Magna Cum Laude from Southern Oregon University with a BS in Business Administration with an emphasis in Accounting and minor in Economics. During this time, she earned her Certificate in Applied Finance and Economics and was a member of the Phi Kappa Phi National Honor Society. Monica is an alumni ambassador for Southern Oregon University.
LINDA F. BECKMANN, CSCP
(541) 201-2001 x104
Linda has over 36 years of experience working in the financial industry, most recently serving as a Member with FOCUS 1, where she works with many clients consulting on regulatory, compliance and internal control issues. Linda is also a valued resource when conducting mock SEC examinations on investment advisers.
Linda began her career in 1978 with Loeb, Rhoades & Hornblower. Within two years, PaineWebber took over the branch and she was promoted to Assistant Vice President/Operations Manager for PaineWebber. During her 10 years with PaineWebber, she passed the Series 7 and Series 8 exams, enabling her to act as Assistant Branch Manager, in addition to her operational responsibilities. She was a member of the operations advisory committees on both the regional and national levels. Linda spent 17 years as the Head Equity Trader and Trading Compliance Officer with a Registered Investment Advisory firm. She has been involved in the examination process on both the firm and regulatory level at PaineWebber and with the SEC during her tenure with the RIA. Linda has a thorough understanding of compliance, fiduciary responsibilities, back office procedures and a variety of trading systems. Linda holds a Certified Securities Compliance Professional® (CSCP) credential and is a member of the National Society of Compliance Professionals. Linda graduated Cum Laude from Southern Oregon University with a BS in Business Administration with an emphasis in Management and an enrichment perspective in the international arena. She completed her International Business courses while attending the Hochschule Harz University in Wernigerode, Germany during the summer of 2007.
CHRISTENE R. SISMONDO
(541) 201-2001 x105
Christene has over seven years of experience working in the investment management industry. As Operations Manager, Christene manages the back office operations and administrative services for Focus 1 and participates in client engagements, as needed, including compliance training and email reviews. She manages Focus 1’s client relationship management system, conducts new client onboarding and Portal administration, assists with accounting, and facilitates business development processes. Christene serves as the editor of Focus 1’s compliance publications, manages our website, coordinates all Focus 1 webinars and conference participation, and has managed a variety of internal projects to help improve efficiency and client service.
Prior to Focus 1, Christene served as the operations manager for the business development and client relations department of an internationally recognized, specialist CPA firm focused on GIPS compliance and verification and supported the business development efforts of FOCUS 1’s predecessor firm.
Christene graduated Summa Cum Laude from Western Oregon University (WOU) where she earned a BS in Business with an emphasis in Finance and a minor in Spanish. In 2007, she was presented the Academic Excellence in Business and Economics Award. During her collegiate experience, she was the Vice President of Finance for Phi Theta Kappa International Honor Society, Vice President of Finance and Co-Founder of the WOU Student Alumni Association, and a member of The Honor Society of Phi Kappa Phi. For six years,Christene has volunteered for our local American Cancer Society as an avid “Relayer.” After her first year as a participant with Relay For Life, Christene’s team nominated her for team captain. In her second year as team captain, she was recruited to join the planning committee as the Event Management Chair. Through her leadership and creative fundraising efforts, her teams have raised over $36,000 to support the fight against cancer.
THOMAS R. WATSON
(541) 201-2001 x106
Tom has nearly four years of experience working in compliance. As a compliance associate, Tom conducts forensic testing for annual compliance reviews and mock SEC examinations, including review of marketing material. Tom also reviews key compliance documents for consistency and best practice and assists with regulatory filings. He helps maintain FOCUS 1’s contingency planning for business continuity and disaster recovery.
Previously, Tom worked at an offshore shipping company as a safety, compliance, and crewing executive, producing many of the company’s key compliance documents and reinforcing risk management and best practice across the fleet.
Tom graduated from Brown University where he earned a BA in International Relations on the Political Economy and Development track, during which time he was awarded a certificate in recognition of outstanding achievements in the study of the German language and literature from the Consul General of Germany. He is currently studying to become a Certified Public Accountant (CPA), anticipated 2017.
VICTORIA A. LUITEN, IACCP®
Senior Compliance Associate
(541) 201-2001 x107
Victoria has over 25 years of investment industry experience. In her current role as a Senior Compliance Associate, she is responsible for conducting GAP analyses; ADV, marketing material, and email reviews; forensic testing for annual compliance reviews; and supporting mock SEC examinations.
Prior to joining the FOCUS 1 team in July 2016 Victoria held a variety of positions with investment firms located in Southern California. Most recently, she was Managing Director, Chief Compliance Officer (CCO) for Lombardia Capital Partners. Prior to being appointed CCO she held a compliance and operations position. As CCO she was responsible for managing the firm’s investment adviser compliance program and managed the firm’s compliance coding within Charles River Investment Management System (CRIMS). Before joining Lombardia Capital Partners she held the position of Vice President, Marketing & Performance Analysis for 300 North Capital (formerly known as Provident Investment Counsel). During her 23 years with Provident Investment Counsel / 300 North Capital she worked with long-only domestic equity strategies (separate accounts, mutual funds, private placement funds) and hedge funds with responsibilities including compliance, GIPS®, performance measurement, marketing, client support, and management. She was a director at a Southern California non-profit organization prior to entering the investment industry in 1990.
- Bachelor of Science in Communication Arts
(emphasis in Public Relations)
California State Polytechnic University, Pomona
- Associate of Science in Business, Gold Seal Graduate
- NRS Investment Adviser Certified Compliance Professional® (IACCP®), June 2016
- Charles River Investment Management System (CRIMS) Level 1 Compliance Certification , September 2014
- Alpha Gamma Sigma (The California Community College Honor Scholarship Society) Member
- Southern California Compliance Group (SCCG) Board Member