Monica Stoudemire Appointed Chief Compliance Officer at OneAscent

OneAscent Welcomes Monica Stoudemire as Chief Compliance Officer

OneAscent, a company dedicated to providing values-based financial solutions, recently made headlines with the announcement of Monica Stoudemire's appointment as Chief Compliance Officer. With over twenty years of experience in securities compliance and regulation, Stoudemire brings a wealth of expertise to the organization.

An Experienced Professional

Stoudemire’s career reflects her deep commitment to compliance and risk management. Prior to joining OneAscent, she held a senior role as Principal Consultant at Advisor Compliance Associates (ACA). Her experience also includes serving as Chief Compliance Officer at a wealth management firm in Birmingham, where she played a pivotal role during the successful acquisition of the firm by a larger entity based in Chicago, Illinois. This track record suggests her capability to navigate complex regulatory landscapes effectively.

Cole Pearson, President of OneAscent, expressed confidence in her hiring by stating, "Monica's compliance expertise and her alignment with OneAscent's mission strengthen the trust advisors and investors place in us as we continue to grow.” This sentiment underscores the importance of compliance in fostering trust within the financial sector.

Responsibilities and Goals

In her new position, Stoudemire will oversee OneAscent's comprehensive compliance program. This includes ensuring adherence to regulations across various segments of the business including OneAscent Wealth, OneAscent Financial, OneAscent Investments, OneAscent Capital, and OneAscent Family Offices. Her role will also involve developing compliance policies, managing regulatory filings, and monitoring risks as OneAscent expands its advisor network and enhances its values-driven solutions.

Previously, at Bridgeworth Wealth Management, Stoudemire managed compliance for a firm with over $2 billion in client assets. After the acquisition of Bridgeworth by Savant Wealth Management, she continued her compliance leadership as Compliance Manager. Most recently, she provided consulting services for registered investment advisors, indicating her active involvement in the industry’s compliance improvements.

Holding a Juris Doctor degree and the Certified Securities Compliance Professional (CSCP-IA®) designation, Stoudemire is highly qualified for her role. Her academic and professional background empowers her to build a robust compliance framework at OneAscent, a framework that not only adheres to regulations but also safeguards the trust clients place in their advisors.

A Commitment to Trust and Integrity

According to Stoudemire, “Compliance isn't just about managing risk; it’s about protecting the trust our advisors and clients place in us.” This statement reflects her vision for compliance as an integral part of organizational culture and strategy. She aims to create an environment where Investment Advisor Representatives (IARs) can operate with confidence, demonstrating her commitment to both ethical practices and operational integrity.

About OneAscent

OneAscent operates as a collective of Kingdom-minded companies, focused on delivering financial solutions that resonate with fundamental values. Each segment of the organization, including OneAscent Wealth, OneAscent Financial, OneAscent Investments, OneAscent Capital, and OneAscent Family Offices, is dedicated to providing tailored financial strategies that align with what clients cherish most.

Headquartered in Birmingham, Alabama, OneAscent continues to build its reputation as a trustworthy partner in financial planning and wealth management. The company believes in fostering clarity, communication, and unity in its partnerships with clients, underscoring the commitment to serve them effectively. To learn more about OneAscent’s comprehensive offerings, visit www.oneascent.com.