Full-Service Practices for the Investment Management Sector
Pellegrino, LLC (“Pellegrino”) understands the investment management industry and its ever-changing regulatory environment. As a boutique law firm, Pellegrino focuses exclusively on serving the needs of investment advisers, money managers, investment companies, independent directors, trustees, and providers of services to the financial industry. Pellegrino provides cost-effective, practical legal advice designed to enhance our clients’ success in a competitive business environment. Pellegrino combines reliable advice and services tailored to each client’s unique requirements with efficient responsiveness, partnering with our clients in their plans for future growth and development. Pellegrino is an alternative legal provider for investment professionals across the country.
Legal Counsel and Representation for Investment Managers
Our principal service is sophisticated and dedicated legal advice and representation tailored to the particular needs of the investment management industry. Pellegrino, LLC currently serves a diverse array of clients, including small boutique advisers and larger institutional investment companies and fund boards. Whether it’s new product development, operational issues, or complex transactions, we provide clear, business-focused counsel that integrates legal and regulatory requirements with practical business solutions. We have significant experience and expertise with independent directors and trustees, so the fiduciary and oversight considerations integral to their roles are comprehensively and effectively addressed.
Extensive Assistance for a Wide Range of Investment Products
The investment management industry is unique in the wide array of product and strategy offerings. Pellegrino, LLC assists clients who market or manage a broad range of products, including:
- Separate accounts/unified managed accounts
- Mutual funds/closed-end funds
- Mutual fund wrap programs
- Cash management platforms/liquidity products
Our firm offers end-to-end legal support for the creation, launch, distribution, and day-to-day administration of products. Drawing upon law firm and in-house industry experience, we help clients navigate and proactively respond to legal issues throughout the product life cycle.
Skillful Contract Drafting and Negotiating
Strong, well-documented agreements are the foundation for a successful investment management firm. Pellegrino, LLC’s contract services are broad-based and informed by years of practical industry experience. We help our clients draft, review and negotiate the full range of fund-related contracts, including:
- Investment advisory and sub-advisory agreements
- Transfer agency, fund accounting and sub-accounting agreements
- Regulatory administration and custody agreements
- Technology, product participation and online service agreements
- Blue sky filings and legal documentation
Our lawyers make sure that every agreement is clear, current, enforceable, and consistent with your business, while minimizing legal and operational risk.
Regulatory Compliance Guidance and SEC Advice
Understanding U.S. securities laws and regulatory requirements requires technical knowledge and practical advice. Pellegrino, LLC helps clients understand and navigate federal and state regulations proactively to ensure compliance and prepare for regulatory examinations. Services include:
- Preparation and review of Form ADV disclosure documents
- Drafting and updating registration statements, proxy statements and tender offer materials
- Representation and support during SEC examinations
Pellegrino, LLC keeps up-to-date on developments to confirm that client operations, disclosures, and filings are in compliance with the current regulatory requirements, thereby limiting the risk of enforcement proceedings and reputational damage.
Extensive Compliance Assistance
Practical compliance programs are critical for the legal and regulatory obligations and investor confidence of investment managers. Pellegrino, LLC advises clients in the design, implementation, and review of compliance programs customized to their business. Services include the following:
- Rule 38a-1 (Investment Company Act) / Rule 206(4)-7 (Investment Advisers Act) Compliance Program review
- Compliance testing and risk assessment
- Advertising and Marketing Material review, including evolving SEC rules
We work directly with compliance officers and in-house counsel on practical solutions that support both compliance and business objectives.
Firm-Wide Experience and One-On-One Attention
Pellegrino, LLC is a law firm led by Mr. Michael Pellegrino, a highly respected legal expert in the investment management field. Mr. Pellegrino’s professional experience includes working at leading national law firms, including Morgan, Lewis and Bockius and Drinker, Biddle and Reath, and as an associate general counsel of Delaware Investments and PFPC/ADVISORport. This business background gives us the ability to differentiate between mere theoretical legal exposures and relevant business concerns so that we can always make our recommendations practical and implementable. We pride ourselves on being accessible, responsive, and long-term client relationship oriented.
Competitive Fees Structured for Your Firm
Understanding the budget constraints investment management companies are operating under today, Pellegrino, LLC is structured to provide our clients high-quality and responsive legal advice at competitive prices. Our efficient engagement model, industry background and pragmatic business experience enable our clients to obtain the necessary legal counsel within their legal spend as we aim to provide value and reduce unnecessary time for each client, whether engaged on a discrete matter or ongoing strategic counsel.
Who We Represent
Clients of Pellegrino, LLC include:
- Registered investment advisers and money managers
- Investment companies (mutual funds, closed-end funds)
- Independent fund directors and trustees
- Service providers to financial industry (transfer agents, custodians, administrators)
Our client base includes start-ups, boutique asset managers, and established businesses seeking specialized legal guidance. We have advised organizations of all sizes on issues ranging from product structuring to governance, regulatory compliance, and transactional activities.
Boutique Service with a Nationwide Reach
Wenonah, New Jersey-based Pellegrino, LLC, offers comprehensive legal services to clients across the nation. The firm’s boutique practice model allows for prompt and personalized responses to client needs. With extensive experience in both business and regulatory matters, Pellegrino, LLC is well-equipped to address a variety of concerns across different states. Organizations can depend on Pellegrino, LLC for specialized legal support tailored to the requirements of investment management companies, regardless of their location.
Contact Pellegrino, LLC Now
If you are looking for practical, experienced, and responsive legal counsel for your investment management firm, you are invited to call Pellegrino, LLC and ask for an appointment. See how we can help with our experience, both in the industry and in the law, to solve problems and get things done. For more information regarding our services and to view a copy of Mr. Pellegrino’s CV, please contact us:
| Address | 4 East Cherry Street, Wenonah, N.J. 08090 |
| Telephone | 856-292-8331 |
| Fax | 856-504-0202 |
You are invited to partner with us in your investment management related legal matters.