RIA Review: Compliance Assessment

Compliance Assessment

RIA Review and RIA Consults Compliance Assessment

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Advisors -

Please complete our 10 question survey at your convenience.
Contact us if interested in compliance consulting/software services.

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* 1. What’s your firm type?

SEC-Registered advisor

State-Registered advisor

SEC/State advisor (working with a separate broker-dealer as a rep)

State-registered hybrid (affiliated RIA/broker-dealer)

SEC-registered hybrid (RIA/broker-dealer)

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* 2. Accounting: Do you maintain financial books/records in GAAP format (cash or accrual basis)? ref. SEC Rule 204-2 (and similar state rules)

Yes

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* 3. Advertising: Do you experience issues in any of the following?

Performance advertising

Reviewing marketing material

Providing disclosures for regulators

Other (please specify)

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* 4. Books & Records: Does your firm maintain books and records according to SEC/FINRA/state guidelines (see below)?

ref. FINRA (17a-3/17a-4) at least three years for firm records; six years certain client records); SEC Rule 204-2 (and similar state rules) at least five years (2 years onsite; 3 years offsite)

Yes

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* 5. Code of Ethics: Do you experience any compliance issues in following?

Enforcing firm procedures for employees/access persons

Collecting personal securities transactions

Disclosing conflicts of interest (if any)

Other (please specify)

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* 6. Continuing Education: What are your firm’s continuing education requirements (check any that apply)?

CFP Board Curriculum

CFA Institute

CfHC (American College of Financial Services)

FINRA (Firm element, Series 7, 6, 66 requirements)

Other (please specify)

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* 7. Regulatory Filing(s): What are your firms filing requirements (check any that apply)?

ADV (1A, 2A, 2B, exempting reporting firms)

Form B-D (amendments)

Securities (Private Placements, 13D, 13G, 13F)

Proxy Voting

Don’t Know

Other (please specify)

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* 1. What’s your firm type?

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* 2. Accounting: Do you maintain financial books/records in GAAP format (cash or accrual basis)? ref. SEC Rule 204-2 (and similar state rules)

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* 3. Advertising: Do you experience issues in any of the following?

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* 5. Code of Ethics: Do you experience any compliance issues in following?

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* 6. Continuing Education: What are your firm’s continuing education requirements (check any that apply)?

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* 7. Regulatory Filing(s): What are your firms filing requirements (check any that apply)?

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* 8. Describe any other pain points not mentioned.