Stamford, Connecticut – (February 13, 2017) – Sustainable Growth Advisers, LP (“SGA”), an independently owned, SEC registered investment adviser, offering high conviction U.S., Global, Emerging Markets and International equity portfolios for sophisticated clients, is pleased to announce that it has undergone a Statement on Standards for Attestation Engagements (SSAE) No. 16 Service Organization Controls (“SOC”) 1SM examination resulting in a report stating that the company maintained effective controls over all aspects of the investment systems. The engagement was performed by Wolf & Company, P.C.
SSAE 16 SOC 1SM is an internationally recognized auditing standard developed by the American Institute of Certified Public Accountants (AICPA). A SSAE 16 SOC 1SM audit is widely recognized because it represents that a service organization has been through an independent audit of its control activities. SSAE 16 supersedes the SAS 70 audit standard, and is designated by the U.S. Securities and Exchange Commission (SEC) as an acceptable method for management to obtain assertions about a service organization’s internal controls without conducting separate assessments.
“We are pleased that our SOC 1SM report has shown that we have the appropriate controls in place to protect our clients from risks related to investment systems” said Peter Seuffert, Chief Operating Officer. “The SOC 1 report is further confirmation of SGA’s ability to properly process client investment transactions in a controlled and secure environment.”
Current and prospective clients interested in a copy of our SOC 1SM report may contact Peter Knudsen.
Sustainable Growth Advisers (SGA) is an independently owned institutional equity manager, focused on providing high conviction U.S., Global, Emerging Markets and International portfolios for sophisticated clients. Its time tested approach is designed to generate excellent absolute and relative returns over time by aligning client objectives with companies that have the ability to generate meaningful wealth.