RIA Compliance and Practice Management Blog

We are excited to announce our recent acquisition of Gordian Compliance Solutions ("Gordian"), a leader in wealth management and private fund compliance consulting. As stated in the official announcement, as one joint company, we can deliver RIA in a Box's industry-leading regulatory compliance software and now expanded consulting expertise to a greater audience of registered investment advisers ("RIAs") and private funds.

Each week we’re giving you our weekly report highlighting the top compliance news articles from various industry news publications. We have selected the most relevant and important news articles related to registered investment adviser ("RIA") compliance and regulatory issues. This week's recap focuses on RIA cybersecurity, common exam deficiencies, and the recent formation of an asset management advisory committee by the Securities and Exchange Commission ("SEC").

In September, the entire RIA in a Box^® team gathered in Cleveland, Ohio for its annual company retreat. This past year, RIA in a Box added 20 new team members across the country making this year's event especially exciting. This 2-day event was filled with competition, team-building, bonding, product innovation, and a focus on giving back to the community.  

Each week we’re giving you our weekly report highlighting the top compliance news articles from various industry news publications. We have selected the most relevant and important news articles related to registered investment adviser ("RIA") compliance and regulatory issues. This week's recap focuses on RIA cybersecurity, new product announcements from fintech providers, and how to create the best contingency plan for your RIA firm. 

One of our company's longstanding commitments is investing time and resources to make the RIA in a Box MyRIACompliance^® platform the industry leading compliance technology offering for registered investment adviser ("RIA") firms. We put the client first by delivering innovative software and expert advice. Since 2005 we take pride in partnering with our clients to establish and support the highest quality registered investment adviser firms in the country.  At RIA in a Box, we release new MyRIACompliance^® software features and enhancements on a daily basis to meet the growing compliance challenges that investment advisers continue to confront.

Registered investment adviser ("RIA") firms utilizing our MyRIACompliance^® RIA compliance software platform now benefit from our new integration with Riskalyze, a leading risk tolerance software provider. Riskalyze quantifies the risk that clients have in their portfolio, allowing for an objective assessment of their risk tolerance level proving alignment with the advisor's portfolio and the client's level of risk tolerance. 

Each week we’re giving you our weekly report highlighting the top compliance news articles from various industry news publications. We have selected the most relevant and important news articles related to registered investment adviser ("RIA") compliance and regulatory issues. This week's recap focuses on the future of the fiduciary standard, how regulation technology (“Regtech”) is changing compliance, and how RIA firms should approach client communication when it comes to texting.

Since launching MyRIACompliance^® in 2014, we have sought to make our software more efficient and higher quality by combining innovative software tools and features with our human expertise. Today, we are excited to announce a new free level of access to our Vendor Due Diligence Platform. The free version of our Vendor Due Diligence Platform allows a registered investment adviser ("RIA") firm to connect with up to five vendors to help automate their third-party technology vendor due diligence review and documentation process.

Recently, the North American Securities Administrators Association (“NASAA”) released its 2019 Investment Adviser Coordinated Examinations Report. This report is released on a biannual basis and analyzes the findings from state-registered investment adviser ("RIA") examinations. As RIA compliance consultants, we recommend that the Chief Compliance Officer (“CCO”) of all investment advisory firms review the regulatory exam summary report to determine if any changes should be implemented at their firm as a result of NASAA’s findings.

Each week we’re giving you our weekly report highlighting the top compliance news articles from various industry news publications. We have selected the most relevant and important news articles related to registered investment adviser ("RIA") compliance and regulatory issues. This week's recap focuses on the new Form CRS, continued focus on mutual fund share classes, and the growth of the RIA industry.