Short for regulatory technology, RegTech is a subset of FinTech (financial technology), which encompasses software and cloud-based applications designed to help professionals like RIAs and compliance consultants navigate federal and state regulations.
You know that there are many obstacles that could keep you and your firm from being successful. Being in a competitive industry means running your business competitively. While some firms may look at SEC and state RIA compliance as a burden, making it a priority can give you a powerful edge against them.
As a registered investment advisor, it’s only a matter of time until you get audited. Audits by SEC or state regulators can happen at random, or be triggered by an issue. It’s not a matter of if, but a matter of when, so you need every tool at your disposal to ensure that you’re—and that […]
When it comes to your RIA firm, we know you’re concerned with the bottom line. You don’t have the time or budget to invest in novel solutions just because they’re convenient—the tools you use, including your compliance software, need to show real-world benefit before you make them part of your processes.
“Time is money” It’s a common saying, and anyone who doesn’t believe it probably hasn’t tried to run a business. Whether you’re a professional investment advisor or the principal of an RIA firm, your time and your employees’ time can earn or cost you money, and it’s vital for you to find the balance between […]
Are you and your staff at the forefront of RIA compliance training, or could your tools and processes use an upgrade? Even when you think you’ve got everything covered in the event of an audit, there’s always room for improvement. Particularly when it comes to the tricky world of compliance for RIA firms, there’s no […]
When the new administration took office, members of the wealth management industry assumed that it would result in the loosening of federal and state regulations, and the decrease of SEC RIA oversight. That, however, turned out to be incorrect. At least so far.
The internet provides a huge and growing frontier for criminals, and your firm is always at risk for an attack. Poor data and network management, lax protocols, and lack of knowledge can make any company susceptible. Without the proper protections, unscrupulous people can easily steal information to use, sell, or ransom back to you at […]
In the weeks since the new administration has taken office, the news cycle has been filled with talk about executive orders and memos, controversy and, most of all, uncertainty. Many industries have already been affected. You may be wondering what this means for RIAs and how a Donald Trump DOL Fiduciary Rule might affect your […]
When starting an RIA, one of your surest paths to success is to understand compliance. Familiarizing yourself with the ins and outs of SEC and state RIA compliance will help to establish your business as a knowledgeable and conscientious partner in wealth management. And it has the further benefit of placing you in a better position […]
