Joe Turner Joe Turner Senior Consultant 804.965.5400 vCard

Joe has over 30 years of experience in Securities Industry Compliance and joined Oyster after holding senior level management roles at a large wirehouse.  Joe has been with Oyster for over 5 years, focusing on retail broker-dealer and Registered Investment Advisor reviews, AML testing and compliance support.  His career began as a state regulator with the Division of Securities and Retail Franchising for the Commonwealth of Virginia where he gained a regulatory perspective on the securities industry. After 7 years, he moved to the private sector where he spent 26 years working with a broker-dealer that he saw grow from a 500 Registered Rep regional firm to the third Largest in the country. Joe has a very broad base of experience in the Retail Compliance and AML arenas. He has significant experience related to conducting and managing firm testing/branch exams and surveillance. Joe has managed regulatory exams, assisted in the development and implementation of supervisory/surveillance tools, served as a point person in coordinating operational compliance controls, and has assisted in the development of Retail Compliance operating and supervisory procedures and served in leadership roles in numerous mergers. In 2010, he moved from Retail Compliance to AML Surveillance and Investigations where he assisted in the implementation of a new surveillance system, managed the investigations, oversaw the Suspicious Activity Reporting, as well as refining and documenting Operating and Supervisory Procedures.

Expertise

  • Conducting Reviews of Registered Investment Advisors
  • Conducting testing of broker-dealers
  • Evaluating Written Supervisory Procedures
  • Development and execution of branch examination programs
  • Developing account review and general account surveillance programs/procedures as well as designing and implementing technology based surveillance
  • AML Audits
  • AML Surveillance programs and Suspicious Activity Reporting processes
  • Merger integration
  • Implementing Compliance and AML surveillance systems
  • Evaluating Operational and Trading procedures

Career Highlights

  • SVP – Manager of AML Surveillance and Investigations, Wells Fargo Advisors
  • SVP – Manager of Retail Surveillance, Wachovia Securities
  • SVP – Manager of Surveillance and Examinations, Wheat First Union Securities

Education, Accolades and Industry Commitments

  • B.S., Commerce—University of Virginia
  • FINRA Series 7, 8, 14, and 63 registrations (Registrations are typically inactive, but may be used when appropriate to perform interim functions for our clients)