What We Do

Explore Our Expertise

For two decades, Dominion has delivered the high-quality services, advice, and expertise clients require to build, strengthen, and operate effective AML and Financial Crime Compliance Programs.

Investigations

  • Money Laundering, Sanctions, and Fraud
  • High-Risk Customer Due Diligence
  • Complex/High Profile Cases
  • Outsourcing & Co-Sourcing
  • Inventory, Backlogs, & Overflow

Assessments

  • Monitoring, Investigation, and Reporting operations
  • High-Risk Customer programs
  • Information and Management Reporting
  • Staffing Plans and Models

Program Builds

  • Screening and Monitoring Operations
  • Suspicious Activity Investigation Operations
  • Quality Control, Training and Testing
  • High-Risk Customer Risk Management
  • Mergers & Acquisition Program Integrations

Response

  • Regulatory Actions
  • Law Enforcement Inquiries
  • Internal Audit Response

Focus, Expertise, Quality

We Are Dominion Advisors

At Dominion, we operate on the core principle that the purpose of AML law and regulation is to identify, investigate, and report suspicious activity. Get this right, and institutions and organizations operate without interruption. Get this wrong, and regulatory, legal, and professional penalties await.

Since 2005, Dominion has worked on dozens of widely known AML regulatory and enforcement matters involving financial institutions of all sizes, conducted hundreds of thousands of investigations, built and strengthened numerous detection and reporting operations, and improved compliance programs. Our two decades of focused, specialized, and tested AML and Fraud investigation, operations, and compliance experience is unmatched by any firm, anywhere.

AML Investigations

Fraud Investigations

Assessments & Advisory

Regulatory Response

The Dominion Difference

Dominion’s impact shaped AML compliance.

Focus & Expertise

20+ years. Hundreds of thousands of investigations. Tens of thousands of SARs. Building and strengthening monitoring, investigations, due diligence, and reporting programs. Our deep understanding of all risk identification and suspicious activity operations means we assess, diagnose, and correct issues fast, like a trusted mechanic or skilled engineer. We see risks others don’t. There are things only experience teaches. And Dominion has that experience.

Independent

Owned by our founders since 2005 and managed by the same core team for over a decade, Dominion is not a tiny part of a large accounting, audit, tax, strategy consulting, or offshore business process operation. Nor are we owned or funded by private equity investors pushing growth above all else. We answer only to our clients and ourselves. We’ve built a company whose incentives align entirely with our clients.

Our Staff and Investigators

Our key management and staff stick with Dominion and our clients. Our senior employees have been with Dominion for an average of 7 years and many since we started in 2005. This means we ramp up fast, have little to no turnover on our client engagements, and deliver superior and uninterrupted work product, all of which makes Dominion the most cost-effective investigations provider in the market. Work done right the first time.

Our Track Record

No firm compares to our two-decade record of helping clients build and strengthen AML, Sanctions, and Fraud investigation programs, complete alerts and cases, and prepare SARs. We train our client’s investigators, implement QC programs, and assist AML officers in working with auditors, regulators, and boards of directors. Our clients pay us the highest compliment – their referrals remain our top source of new business.

Big & Small Cases

Since 2005, Dominion has been called to investigate some of the most noteworthy (and newsworthy) corruption, Politically Exposed Persons, sanctions, and money laundering cases of the past 20 years. We work with outside counsel and executive management on matters of extreme interest to regulatory agencies, the Department of Justice, and Congress. Alongside these complex investigations, our team has investigated more than 300,000 cases, 25,000 High-Risk Reviews and prepared 50,000+ SARs.

Fast and Easy

With two decades of achievement, we know how to run highly effective and efficient operations. As a specialized, independent firm, we work smoothly and quickly through vendor management and contracting. We ramp up fast, know what’s around the corner, what issues can become problems, and adjust before increasing risks and costs. Experienced staff and management know that doing the right work the right way the first time saves money, reduces risk, and protects our clients and their staff.

  • 2005
  • 2006-2013
  • 2014
  • 2016
  • 2018
  • 2020-2021
  • 2022
  • 2005

    Dominion Advisory Group established as an independent financial crimes advisory firm.

  • 2006-2013

    Hired by dozens of financial institutions to lead their response to regulatory enforcement actions, investigating complex financial crimes cases, and supporting the development of BSA/AML operations.

  • 2014

    Hired by a 2.2 trillion-dollar international financial institution to build and deliver a worldwide AML compliance training program.

  • 2016

    Hired by law firms to investigate allegations of high-level government corruption and kickbacks.

  • 2018

    Hired by US financial institutions to identify foreign investment in US technology that may involve corporate espionage or intellectual property theft.

  • 2020-2021

    Assisted US Financial Institutions to identify and resolve fraud matters related to COVID scams and the Payroll Protection Plan.

  • 2022

    Hired by US Financial institutions to identify sanctions matters related to the Russian invasion of Ukraine.

19

Years Delivering the best AML services

300

AML & Fraud Investigations

50

SARs Prepared

25

High Risk Reviews

People

Management
Team

Meet the professionals that make Dominion the top choice of organizations needing the best AML and Financial Crime Compliance Investigations and Advisory services.

Check our Team

Portfolio

Our Recent Cases

Explore our recent Investigation and Advisory work. See how we help address our clients’ AML and Financial Crime Compliance challenges.

RECENT CASE

Sanctions Investigations

At the outset of the Ukraine–Russia conflict, a large U.S.-based wealth management firm with many international clients and alternative investment fund accounts became concerned about the risk of indirectly holding and managing funds from sanctioned individuals and entities.

Uncovering potential nested accounts and unknown beneficial owners required considerable data mining skills, expertise, and experience unraveling complex corporate and investment fund structures in high-risk locations such as Cyprus, Switzerland, and Monaco.

The client retained Dominion’s multi-disciplinary team of technology, data extraction, and filtering experts and our senior special investigators with years of experience tracing international funds movements, alternative investment partnership understanding, and opaque ownership trails to identify, investigate, and identify several hundred entities related to sanctioned parties whose funds were hidden in limited partnerships and other hard to unravel investment vehicles.

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RECENT CASE

M&A – AML Program Integration

A traditional U.S. retail and commercial bank had recently acquired a bank with a growing crypto and digital assets services business with little time to conduct thorough due diligence. The acquirer bank was concerned about the unknown level of AML and fraud risk it was now responsible for identifying, assessing, and managing.

The acquirer’s AML and risk team were fully occupied with existing operations, and with the acquired bank considered extraordinarily high risk, management, the board of directors, and regulators needed to move quickly to ensure the acquired institution’s controls and compliance were bolstered immediately.

Dominion’s senior team of program experts assessed both institutions’ software systems, operations, policy, and governance structures, recommending the best from each. We then wrote the detailed integration plan and led project management, combining the two programs’ operations, systems, and governance to manage a higher-risk profile client base and product suite.

RECENT CASE

Regulatory Response

A large retail bank with over 500 branches operating in more than ten states was on the cusp of receiving a Consent Order and faced having to rebuild its AML compliance program, including increasing staffing, purchasing new software systems, and upgrading all policies and procedures.

Dominion was retained to assess, design, and staff an FIU department. At the same time, our team wrote numerous policies and procedures, tuned and tested the existing transaction monitoring system, created transaction monitoring models, conducted risk assessments, and advised management and the board of directors on its monthly reporting requirements to the regulatory agency.

We assisted the bank in hiring dozens of FIU staff and, once onboarded, trained each analyst and investigator individually and built and operated a Quality Control team, ensuring every alert and case investigation was completed correctly. Dominion wound down our operation and handed a fully functioning, fully compliant FIU to the bank.

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News

Explore Our Writings

Read our perspective on important AML and Financial Crime Compliance issues.

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