AML Compliance Services for Wealth Management Firms
Wealth built up across several generations typically arrives through family trusts, holding companies, and arrangements that nobody now living fully remembers creating. We establish origin properly rather than simply accepting inherited paperwork.
- FINTRAC Registered
- Cross-Border Expertise
- Audit Ready
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Multi Generational Wealth and Family Structures
Wealth management deals with money that has often existed for decades, passing through inheritance, family trusts, and holding structures created by people who are no longer around to explain them. Establishing origin becomes genuinely difficult when the originating event happened two generations ago and the documentation reflects arrangements made under rules that have since changed entirely.
Family relationships add another layer. A single mandate frequently covers multiple family members, entities they control, and structures benefiting people who never appear as account holders. Understanding who genuinely benefits, who exercises control, and whether any of them carry political exposure requires mapping the family rather than simply opening an account for whoever signs the paperwork.
Compliance Support for Wealth Management
We deliver source of wealth verification for inherited assets, family structure mapping, politically exposed person screening, complex entity analysis, enhanced due diligence procedures, independent effectiveness reviews, and ongoing compliance support for wealth management firms.
PSP Registration
End-to-end PSP registration support under Canada's Retail Payment Activities Act framework.
MSB Licensing
Complete MSB licensing and FINTRAC registration for money services businesses nationwide.
Banking
Deliver secure banking compliance solutions supporting regulatory excellence and operational efficiency.
AML Compliance
Build robust AML frameworks ensuring regulatory compliance and effective financial crime prevention.
Regulatory Consulting
Receive strategic regulatory advice supporting sustainable growth and complete compliance confidence.
Transaction Monitoring
Ongoing transaction monitoring and screening to detect and report suspicious activity.
Why Wealth Managers Choose Us
We map families and structures rather than simply opening accounts for whoever signs, because in wealth management the person in front of you is rarely the whole relationship being established.
Inherited Wealth Traced
We establish origin for assets built decades ago, where documentation reflects arrangements made under rules that have since changed.
Family Structures Mapped
We map relationships across family members and entities, since a single mandate frequently covers considerably more than one person.
Political Exposure Checked
We screen the whole family group, because exposure frequently arrives through a relative rather than the account holder themselves.
Control Properly Identified
We establish who genuinely exercises control, which is often somebody who never appears anywhere on the account documentation.
Wealth Managers We Support
We support wealth management firms in every province right across the whole of Canada today, from the smallest independent family offices through to wealth divisions inside much larger financial institutions.
What Our Clients Say
Canadian financial firms trust ABM Global Compliance to navigate complex regulation with clarity and care. From MSB licensing to ongoing AML support, our clients value our responsiveness, expertise, and genuine commitment to their long-term compliance success.
Let's Talk About Your Compliance Needs
Schedule a Free Consultation
Whether you’re starting a new MSB or need ongoing AML support, our team responds within one business day.
Wealth Management Questions
Clear and direct answers to the questions wealth management firms ask most about inherited wealth and their Canadian compliance obligations.
Wealth was inherited generations ago
You still need reasonable understanding of origin, documented honestly, including where records are genuinely limited by the passage of time.
Who exactly must we identify?
Account holders, beneficial owners, and anybody genuinely exercising control, which frequently includes family members who never sign anything.
Does family exposure matter here?
Yes. Political exposure reaches close family and associates, so screening needs to cover the group rather than one individual.
What about family trust structures?
They need tracing through to settlors, trustees, and beneficiaries, with your reasoning recorded so somebody else could follow it.
How much documentation genuinely suffices?
Enough to show what you established, how you established it, and why that satisfied you given the circumstances at the time.