Elinphant, LLC, Premier Quality and Value Provider of Compliance Services, Open for Business

Compliance Executive Elin Cherry has founded Elinphant, LLC  and is launching the business today.Based in Manhattan, Elinphant provides governance, risk management, and compliance solutions to financial services firms, including banks, broker dealers, investment advisors, hedge funds, and service providers to those entities. “What sets us apart from every other alternative is the ability to offer the most senior expert consultants in the industry who can deliver high quality work at value prices, “notes Cherry.


Elinphant’s employees are senior compliance officers with experience at a multitude of financial services firms. “Our compliance officers take pride in the depth of their compliance knowledge, “Cherry explains,” and  that experience allows them to mold services to the client’s business. We understand that not all clients have the same risk tolerance. We adjust advice and implementation to ensure that clients are within their risk tolerance as well as industry rules and regulations. ”

Prior to founding Elinphant, Cherry was Principal and Head of Capital Markets at Compliance Risk Concepts, where she grew a book of business to a half million in revenue in the last year. She has also been Director and Head of Business Unit Compliance for CIT Group Inc., and has held senior compliance positions at Societe Generale, Deutsche Bank Securities Inc., and Bank of America Securities. Cherry has deep experience in compliance programs, regulatory relations, testing and monitoring, compliance audits, and capital markets, among others. She is known for looking at compliance challenges, as well as marketing and sales, in an innovative and direct manner.

Working alongside Cherry is Cherie L. Weisse as Elinphant’s Chief Operating Officer. Weisse was most recently the Vice President, Investment Operations Manager at Fox Asset Management, an Eaton

Vance Company. “A professional investment management leader with in-depth experience managing investment operations, systems, client services, marketing, human resources, and compliance, Weisse’s ability to grow a business is second to none, “Cherry notes. Weisse’s Elinphant responsibilities include providing the leadership, management, and vision necessary to ensure that the firm will have the operational controls, administrative and reporting functions, and people in place to effectively grow and to be operationally and financially strong.

Joining Cherry and Weisse is Elizabeth Dickerson as Elinphant’s Director of Compliance Services. With more than 16 years of compliance experience, Dickerson has held roles from head of regulatory inquiries to chief compliance officer. Prior to joining Elinphant, Dickerson was

Chief Compliance Officer at First New York Securities. “Dickerson is an expert in all aspects of sales and trading and is considered an authority in the financial compliance field, “says Cherry. “Her approach to

compliance is business friendly, yet she ensures that clients are not in the position of violating rules and regulations. “Dickerson will be managing all engagements for Elinphant, including the hiring of

consultants as well executing business.

Elinphant provides standard and bespoke solutions in the following areas:

  • Chief Compliance Officer;
  • Bank and Broker Dealer Compliance;
  • Regulatory Reporting;
  • System Implementations;
  • Program Enhancements;
  • Dodd-Frank and Volcker Rules;
  • Surveillance Implementation;
  • BSA / AML;
  • Derivative, Equity, and Fixed Income.


“Elinphant has the ability to service and provide advice to the full spectrum of compliance requirements within any financial institutions, ” notes Cherry. “We place quality above quantity, and are able to provide quality service at a value price point. ”

Contact us at 212-739-9255 or compliance@elinphant.com

Elin is the CEO of Elinphant a financial compliance services firm. Elin ensures compliance officers who serve clients are skilled and knowledgeable in relation to the clients business and needs. Elin is known for looking at compliance challenges as well as marketing and sales in an innovative and direct manner.

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