A Connecticut-based compliance consultancy focused on the financial services industry is pushing for growth in the Midwest.

Ascendant Compliance Management has established a presence in Chicago, with efforts in the market spearheaded by assistant vice president and compliance services consultant David Lourie.

The new location supplements Ascendant’s current offices in New York and San Francisco, and its Connecticut headquarters.

"An additional focus on the Chicago market offers Ascendant the ability to more productively serve our many clients in the Midwest region," said Jon Higgins, Ascendant president and chief executive. "This is an exciting time for Ascendant, offering us the opportunity to better provide the Ascendant difference to our existing clients while reaching new prospective ones."

Lourie, who began working at Ascendant in 2013, consults on a variety of compliance, regulatory, and business matters. He works closely on Investment Advisers Act issues and helps clients develop compliance programs. He regularly conducts on-site compliance reviews for investment advisors, hedge funds and private equity firms. 

Ascendant offers compliance and business solutions for investment advisors, broker-dealers, and hedge and private equity funds.