RIA Compliance University

RIA Compliance University

Every day, it seems like there is news of another RIA (Registered Investment Advisor) that’s run afoul of the Investment Advisors Act of 1940. Sometimes, these violations are flagrant acts to deceive investors. More often than not, though, SEC compliance issues are mistakes.

Unfortunately, once the government brings an enforcement action against the RIA, it’s too late to correct the error and move forward without penalties that might include fines and even prison time.

My RIA Lawyer offers compliance consulting and a streamlined RIA Compliance University that helps keep you informed, educated, and up to date on regulatory changes.

Our monthly compliance services help you complete your compliance tasks. Sign up for RIA Compliance University today to ensure that you avoid costly SEC violations.

What’s Included in RIA Compliance University?

RIA Compliance University covers all the topics needed to help registered investment advisers stay in compliance.

With our RIA Compliance University, you will receive access to monthly resources such as:

• Monthly Q&As to answer your questions live or simply hear about what is affecting others in the industry.
• Video Training to walk you through common pitfalls
• Templates that you can use within your firm
• Guides that show you what is expected
• Topics that are of interest to you (including client complaints, terminations, performance reporting, IAR onboarding, and more)

A paid service of $99/month will include pre-recorded video access through your Membership Portal as well as access to the private Compliance University Facebook group. The wealth of information makes it much easier to comply with the rules and regulations set by the Securities and Exchange Commission (SEC).

Recorded Video Training

The monthly video training is extremely popular. These training videos cover an abundance of topics that you need to know to stay in compliance. Currently, the most popular topics include client complaints, outside business activities, IAR onboarding, terminations, silent owners, unlicensed owners, cryptocurrency, and more.

Our lawyers provide up-to-date information on topics that are the most important to RIAs. You will learn something new each month that you can use when running your business.

Be sure to take notes and share the information you have learned with your colleagues. Then you won’t have to worry about any surprises down the road.

Live Question And Answer Sessions

You will also have access to an hour-long phone call every month. You can ask questions regarding information you learned in the live video training, or you can ask questions related to issues you’re dealing with currently. Along with getting answers to your questions, you’ll also hear questions from others. They are dealing with the same compliance and regulatory issues as you are, so you can learn quite a bit from the answers. Even when questions aren’t related to issues you’re facing now, you’ll often encounter them down the road. Thus, you’ll be armed with the information needed to make wise decisions.

Monthly Material

Once you sign up for our compliance program, you’ll receive free materials each month. These include templates that you can use to ensure compliance, as well as guides and how-to videos. These free materials will build on what you’ve learned in the live video training and question-and-answer sessions. When you combine these materials with those training sessions, you’ll know what it takes to get into and stay in compliance.

Who Is My RIA Lawyer?

We are the only virtual law firm that specializes in working with RIAs and their firms to make sure that they are compliant. Whether this is through providing education or a more hands-on approach as a contracted service.

We are compliance and law nerds who can take that mountain of work off your desk and onto ours so that you can free up your time.

Because our purpose is to help you focus on what you do best, serving your clients, while our mission is to help you navigate all the legal complexities that come with being an RIA, whether solo or part of a firm.

And our promise is that we will affirm your strengths and defend your weaknesses while providing a personalized service like no other. Find out more about our compliance and general counsel services.

Enroll RIA Compliance University Today

​​In 2020, the SEC held more exams of financial institutions than they ever had before. Yes, even during the middle of a pandemic! Now, they seem to be going just as strong as ever and are cracking down on all levels of false or misleading information.

The SEC doesn’t back down from a fight, so whether you are big or small, as an RIA, you need to make sure you are following compliance regulations.

The SEC has been handing out fines averaging around $1,000,000 in the last fiscal year from routine examinations. Watch the video above to find out exactly how this could be your business without proper compliance procedures. The average fine has more than doubled in the past three years alone! What would once be a $400k fine is now averaging $1 million.

Is that expense something your business could take right now? For most of us, those kinds of fines just aren’t an option. So what can you do instead? You could contact the company that drafted your compliance manual, but that conversation usually goes like this…

“Sorry, we aren’t lawyers.”

Yep, that’s right!

The people who produce compliance manuals aren’t here to protect you if the examiners take issue with your documents, nor are they equipped to provide you with legal advice.

You could spend hours each day researching compliance changes. But that takes you out of your business for more time than you can spare.

So you and your team end up doing overtime and getting confused because nothing is ever as straightforward as it seems.

Exam time is looming. You don’t even know what they might want to look at! What if you can’t find your client agreements? What if your compliance manual isn’t even up to date anymore?!

Breathe.

You’re in the right place.

With our RIA Compliance University, you can gain access to everything you need to start working on your compliance. Our Founding Attorney and resident Compliance Nerd is going to take you through a 12-week boot camp to ensure you understand the basic requirements for your compliance program. Once you are through the boot camp, she will deliver monthly lessons to teach you how to begin auditing your program and implementing policies that will make your life easier and your next regulatory exam anxiety-free!

Contact us today to register!