About Bloom
Bloom Compliance Consulting, LLC is a boutique consulting firm dedicated to supporting small- to mid-sized registered investment advisers, whether registered with the SEC or state regulatory agencies. We understand that your business is unique, and your compliance program should reflect that.
Rather than offering generic, one-size-fits-all solutions, we provide customized compliance services tailored to meet your specific needs. Our mission is to help you navigate regulatory requirements, address compliance risks, and streamline your processes—allowing you to focus on what matters most: serving your clients and growing your business.
We know that small businesses often work with limited budgets and resources. We also understand that many advisers prefer a do-it-yourself approach to compliance and may only need occasional support or guidance. That’s why our consulting services are offered on an hourly basis, with no retainers, ongoing subscriptions, or minimum fees. This gives you the flexibility to outsource what you need, when you need it, while maintaining control over your compliance budget.
We’re here to help your business bloom and thrive. Contact us to learn more.
About Bailey
Founder and Managing Member
Bailey Drake is the founder and managing member of Bloom Compliance Consulting, LLC, which she launched in November 2023. With more than a dozen years of experience in the investment industry, she has worked in a variety of roles, including investment operations, portfolio accounting, trade execution and settlement, and regulatory compliance. She has worked for large firms such as Nuveen Investments, Northern Trust, and Guggenheim Partners, in addition to mid-sized registered investment advisers. In all of her roles, she has been interested in how compliance and regulations shaped her responsibilities, ultimately deciding to pursue compliance as her career.
For over five years, Bailey has specialized in regulatory compliance, serving as in-house compliance for two multi-billion-dollar registered investment advisers. One of these firms had a turnkey asset management program, which gave her the opportunity to work closely with dozens of independent financial advisors and small registered investment advisers. This experience allowed her to gain firsthand insight into the compliance challenges faced by financial advisors and small registered investment advisers, particularly in navigating evolving regulations and developing and adhering to a comprehensive compliance program.
Recognizing the need for affordable, tailored compliance support for small- to mid-sized firms, Bailey founded Bloom with the goal of helping these firms grow and thrive. She provides customized compliance support so they can focus on what matters most: the client. She is passionate about making a difference in the industry and adding value to the firms she serves.
Bailey holds a Bachelor of Arts in Political Science from the City University of New York, Hunter College; a Master of Business Administration, with concentrations in finance and management, from DePaul University; and a Certificate in Project Management from DePaul University. She is also a Certified Securities Compliance Professional (CSCP), a certification awarded by the National Society of Compliance Professionals (NSCP).
