Outsourcing An RIA Chief Compliance Officer (CCO)

Complimentary Consultation

Outsourcing An RIA Chief Compliance Officer (CCO)

Complimentary Consultation
 

With only 36% of RIA firms having a dedicated chief compliance officer (CCO), compliance teams across the country are being stretched thin.

With only 36% of RIA firms having a dedicated chief compliance officer (CCO), compliance teams across the country are being stretched thin.

In this dynamic landscape, where work-from-home is still commonplace, and regulatory changes from the SEC and DOL are on the horizon, choosing the right compliance team is crucial. That's where AdvisorLaw comes in.

Your Comprehensive Compliance Solution

As experts in SEC and state-registered RIA compliance, AdvisorLaw offers comprehensive and customizable services — backed by our industry experience — to meet your needs. Hundreds of firms have already benefited from working with AdvisorLaw through our more basic compliance programs. However, more and more are looking to us to take it a step further. Our RIA Outsourced Chief Compliance Officer (OCCO) service allows you and your firm to offload even more compliance work to AdvisorLaw.

With our Outsourced Chief Compliance Officer service, one of AdvisorLaw’s senior compliance analysts will be provided as your firm’s CCO and become an integral member of your RIA’s team. Our senior compliance analysts average over 20 years of financial services industry experience, and they partner with our senior attorneys to provide our highest level of knowledge and expertise.

With our most extensive compliance solution, your OCCO is there with you, every step of the way. We will guide you through document reviews, form filings, marketing reviews, attestations, email and trade reviews, and compliance training for your team. And during a regulatory exam, we won’t run and hide — we will have prepared ahead of time, and we’ll be right there in the trenches with you.

It's all too often the case that a member of an RIA’s leadership takes on the CCO role, because “someone has to do it.” Simply keeping up to date on the ever-changing compliance regulations can be a full-time job in itself, let alone adapting to them. And then there are your clients — aren’t they why you got into this business in the first place? If you’re finding yourself struggling to balance your responsibilities, while wanting to focus on growing your business, outsource your compliance needs to AdvisorLaw.

As experts in SEC and state-registered RIA compliance consulting, AdvisorLaw offers comprehensive and customizable services — backed by our industry experience — to meet your needs. Hundreds of firms have already benefited from working with AdvisorLaw through our more basic compliance programs. However, more and more are looking to us to take it a step further. Our Outsourced Chief Compliance Officer (OCCO) service allows you and your firm to offload even more compliance work to AdvisorLaw.

With our Outsourced Chief Compliance Officer service, one of AdvisorLaw’s senior compliance analysts will be provided as your firm’s CCO and become an integral member of your RIA’s team. Our senior compliance analysts average over 20 years of financial services industry experience, and they partner with our senior attorneys to provide our highest level of knowledge and expertise.

Let us streamline the
compliance process.

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With our Outsourced Chief Compliance Officer service, one of AdvisorLaw’s senior compliance analysts will be provided as your firm’s CCO and become an integral member of your RIA’s team. Our senior compliance analysts average over 20 years of financial services industry experience, and they partner with our senior attorneys to provide our highest level of knowledge and expertise.

It's all too often the case that a member of an RIA’s leadership takes on the CCO role, because “someone has to do it.” Simply keeping up to date on the ever-changing compliance regulations can be a full-time job in itself, let alone adapting to them. And then there are your clients — aren’t they why you got into this business in the first place? If you’re finding yourself struggling to balance your responsibilities, while wanting to focus on growing your business, outsource your compliance needs to AdvisorLaw.

Cost-Effective Compliance: The Benefits of Outsourcing to AdvisorLaw

You could hire your own dedicated, internal CCO. Though that can be costly, with base salary, bonuses, and ancillary expenses pushing the overall cost to $150,000 or more per year. That's why many small, high-performing RIAs are turning to the outsourced CCO model. With AdvisorLaw, in addition to a dedicated OCCO and potential cost savings, you’ll be getting the benefit of the support of our entire team, with all of their knowledge and experience, instead of just one person.

AdvisorLaw offers a flat monthly fee, providing you with expert compliance oversight while allowing your business to take a tax deduction for professional services. When you partner with AdvisorLaw, you also have access to our Nexus Compliance Platform, offering constant monitoring of trades and holdings, electronic attestations, reporting, email and text messaging reviews, audit-ready archiving, and more. We take the headache out of compliance so that you can focus on being a rainmaker.

Gain Peace of Mind with AdvisorLaw's RIA Division

With AdvisorLaw's RIA division overseeing the compliance needs of clients with over $50 billion in collective assets under management (AUM), you can trust our expertise. We specialize in helping RIA owners become both more flexible and more focused on growing their businesses. We understand that there are certain things that only you can do. Though when it comes to compliance, rest assured, AdvisorLaw has you covered.

Partner with us, and experience the peace of mind that comes with having a reliable compliance team supporting your success.

Contact us today for a complimentary consultation with our RIA team.

RIA OCCO (#48)