Outsourced Compliance Services for RIAs

Achieve RIA Compliance with Your Chief Compliance Officer

Take the stress out of compliance so you can do business better.

Imagine an alternate reality where compliance isn’t a headache but an opportunity to thrive. If you’re a forward-thinking RIA firm owner or broker-dealer, our Outsourced Compliance Services are designed just for you.

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Before we get into the nitty-gritty, let’s talk about why this service is unlike any other sec compliance service you have experienced.

Supporting a Better Customer Experience

High-Touch, Low-Volume Service

Unlike the industry norm, we embrace a proactive, high-touch approach. Ongoing compliance support is crucial for ensuring continuous adherence to regulatory requirements. Consider us your compliance partner, ensuring an in-house feel with the perks of outsourcing. Enjoy unlimited access to our compliance team, real-time troubleshooting, and customized documents for your business.

Legal Defense and Compliance Services

Your compliance attorney manages your compliance program AND provides robust legal services and everyday support. We prioritize your satisfaction with a designated Customer Success Manager (CSM).

Ethical Fiduciaries

As a law firm, we are ethically bound to act as fiduciaries to you. Enjoy the flexibility to cancel your contract anytime, lock in pricing for up to 36 months, and upgrade or downgrade services as needed. Our commitment builds trust and ensures your happiness.

Compliance Nerds at Your Service

We’re not just compliance experts; we’re enthusiasts. Our mission is to navigate the complex regulatory compliance landscape on your behalf. From gathering resources to defending you during regulatory inquiries, we’ve got your back.

Let’s talk compliance

Key Components of a Compliance Program

A comprehensive compliance program is essential for RIAs and broker-dealers to ensure regulatory compliance and mitigate risks. The foundation of a robust compliance program includes several key components:

• Written Policies and Procedures: These documents outline the compliance obligations and responsibilities of the firm, providing a clear framework for operations.
• Designated Chief Compliance Officer (CCO): The CCO oversees the compliance program, ensuring that all policies and procedures are followed and that the firm remains compliant with regulatory requirements.
• Regular Training and Education: Continuous training for employees on compliance policies and procedures is crucial to maintain awareness and adherence.
• Ongoing Monitoring and Testing: Regular monitoring and testing of compliance controls help identify and address potential issues before they escalate.
• System for Reporting and Addressing Compliance Issues: A structured system for reporting and resolving compliance issues ensures that any violations are promptly and effectively managed.
• Regular Review and Update of Policies: Compliance policies and procedures should be regularly reviewed and updated to reflect changing regulatory requirements.

By outsourcing compliance services, RIAs and broker-dealers can gain access to expert guidance and specialized knowledge, helping them navigate complex regulatory requirements and maintain a comprehensive compliance program.

Take Action — Doing Nothing, Changes Nothing

Our Outsourced Compliance Department comes in two levels of service.

The original Outsourced Compliance Department and Outsourced Compliance Department Plus.

Which Service Is Right for You?
Compare Our Compliance Offerings

Compliance should fuel your success, not be a stumbling block.

As finance professionals, we understand the unique compliance challenges you face. Tired of vague responses from your compliance team? We’re SEC lawyers, ready to answer your questions and simplify the complexities faced by advisory firms due to the growing complexity of regulatory requirements.

Focus on what matters.

Your mission is to help clients, not grapple with legal intricacies. You are tired of being the bottle neck and dealing with compliance. You don’t like doing it, you don’t keep up with changing regulations and you don’t want to have to train or supervise the people you delegate compliance to. You want them to just do it.

We free you to focus on revenue-generating activities, ensuring you thrive in your business.

We also take the testing away from you, so you don’t have to worry about it or supervise or manage the team doing the testing, and you can rest assured that your compliance attorney is ensuring your firm is protected.

Ready to stop the compliance headache? Choose My RIA Lawyer and unlock a world of possibilities. Our SEC Compliance services are crafted to empower your business. Don’t just survive; thrive with My RIA Lawyer. Your success is our mission.

Invest in Your Future, Invest in Compliance Excellence with My RIA Lawyer.

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Customized RIA Compliance Solutions

Our compliance services for financial advisers include:

• SEC Compliance
• SEC Mock Exams
• RIA Registrations
• RIA Compliance University
• Broker-Dealer Compliance Services
• Broker-Dealer Registration Services

The growth of the investment advisory business has led to an increased need for compliance consulting services. Firms like Advanced Regulatory Compliance, Inc. assist investment advisors in navigating their increasing compliance obligations in a complex regulatory landscape.

SEC Compliance: Protecting Your Firm’s Bottom Line

As a financial advisor, your main focus is on serving your clients and building the life you’ve envisioned. Naturally, your time and energy are dedicated to revenue-generating activities. However, amidst your busy schedule, it’s easy to overlook the importance of SEC compliance and regulatory reporting. Let’s face it, compliance is not exactly enjoyable. But here’s the truth: SEC compliance is just as crucial to your firm’s bottom line as acquiring and servicing clients. Neglecting compliance can expose your firm to financial risks.

At My RIA Lawyer, we specialize in SEC compliance for Registered Investment Advisors (RIAs). Our team of experienced SEC compliance lawyers understands the intricacies of regulatory requirements and the impact they can have on your firm.

Preparing for SEC Compliance Exams: SEC Mock Exams

Are you ready in case the SEC conducts a compliance exam? Whether you’re anticipating your first exam or concerned about follow-up action due to past deficiencies, an SEC mock exam is essential to your success. At My RIA Lawyer, we offer a comprehensive mock exam service that includes both on-site and off-site examinations. Our service is designed to help your Chief Compliance Officer and compliance staff prepare for future exams and address any compliance issues before the SEC becomes involved.

Streamline Your RIA Registration Process

Navigating the RIA registration process can be time-consuming and labor-intensive, often requiring over 40 hours of dedication. Crafting and maintaining investment advisory agreements is crucial during the registration process, as state regulators scrutinize these agreements closely. Mistakes during the process can further prolong the timeline and cause frustration. Save yourself valuable time and headaches by engaging the services of an experienced RIA registration lawyer.

We handle the intricate requirements of RIA registration, allowing you to focus on delivering expert investment advice. From incorporating your entity and managing the registration process to drafting essential documents like Investment Management Agreements (IMAs) and compliance manuals, we ensure compliance with the Investment Advisers Act. With our support, you can efficiently navigate the complexities of FINRA, SEC, and state securities regulations.

Form ADV and Other Required Filings

Form ADV is a crucial component of RIA compliance, and it is used to register investment advisers with the SEC. The form consists of three parts: Part 1, RIA Registration Application; Part 2A, Disclosure Brochure; Part 2B, Brochure Supplement; Part 3, Regulatory Event Reporting. RIAs must also file other required forms, such as Form CRS, which is a relationship summary that discloses certain information about the firm.

Stay Compliant with RIA Compliance University

Stay informed and compliant with RIA Compliance University offered by My RIA Lawyer. This comprehensive program equips registered investment advisors with valuable resources, including live Q&A sessions, video training, templates, guides, and tailored topics. Clients gain access to a wealth of information that helps them navigate the complexities of SEC regulations and avoid costly violations. Keep your firm on the right track and prioritize compliance by joining RIA Compliance University today.

Enhance Broker-Dealer Compliance

In the midst of a complex regulatory landscape, broker-dealer compliance programs must operate with utmost efficiency. Compliance management for broker-dealers presents a myriad of challenges, ranging from meticulous tracking of deals to address conflicts, anti-money laundering, and anti-fraud, to ensuring strict adherence to customer protection regulations. Cutting corners on compliance processes is simply not an option.

Recent years have witnessed hefty fines imposed on several prominent broker-dealers due to non-compliance. The SEC and FINRA’s active enforcement actions have sent a clear message that even small and medium-sized broker-dealers face the risk of significant penalties for non-compliance, potentially amounting to millions of dollars.

We boast a team of seasoned broker-dealer compliance specialists who possess extensive experience in providing guidance on the legal, regulatory, and compliance implications associated with broker-dealer activities.

Simplify Broker-Dealer Registration

When it comes to broker-dealer registration, the process encompasses the entire lifecycle of a firm, from meeting initial membership standards to ongoing updates and renewals. At My RIA Lawyer, we provide comprehensive guidance to broker-dealers, assisting them in becoming FINRA members, meeting filing and qualification requirements, expanding their business, or withdrawing their registration.

Whether you’re registering a new BD firm, managing a branch office, terminating a BD firm’s registration, or updating your BD firm registration as a Continuing Member, our team of broker-dealer registration experts is here to assist you. We will handle the drafting and filing of all necessary forms, coordinate the registration process, manage correspondence with regulators, and ensure that all regulatory obligations are met.

Protecting Your RIA Firm from Cybersecurity Threats

Protecting your RIA firm from cybersecurity threats requires a proactive approach. This includes implementing robust security measures, such as firewalls, antivirus software, and encryption. RIAs must also educate their employees on cybersecurity best practices, such as using strong passwords, being cautious when opening emails and attachments, and avoiding the use of public Wi-Fi. Additionally, RIAs should consider hiring a chief compliance officer (CCO) or outsourcing compliance services to ensure that their firm is compliant with all relevant regulations.

Why Choose My RIA Lawyer to Outsource Your CCO?

We’re Not Your Daddy’s Law Firm

In a world where compliance can be overwhelming, we’re the modern solution that bridges the gap between legal, compliance, and operations. Forget templated forms and cookie-cutter approaches; we provide a one-stop solution designed for your unique needs.

Compliance Nerds and Financial Aficionados

We live and breathe compliance. Our team understands the ever-evolving regulatory landscape, offering you peace of mind. From legal nuances to tailored solutions, we’re the nerds and aficionados you want in your corner.

Empower Your Business with our Outsourced Compliance Department

Take control of your compliance journey and subscribe to our Outsourced Compliance Services today. Establishing comprehensive policies and procedures is crucial for ensuring compliance with regulatory requirements outlined by the SEC. Say goodbye to sleepless nights and anxiety surrounding annual examinations, SEC or FINRA scrutiny, and potential financial penalties.

With unlimited access to our compliance team, real-time troubleshooting, and customized documents, you’ll have the benefits of an in-house compliance department without the overhead.

Don’t let compliance challenges hold you back.

Join our community of compliance nerds who are passionate about navigating the legal landscape for you.

Sign up for our Outsourced Compliance Services and unlock compliance success!

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