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.
Here are the key new MyRIACompliance® RIA compliance software features, integrations, and updates released during November 2019:
Firms who subscribe to both Riskalyze and MyRIACompliance® can now benefit from our recent integration with Riskalyze. This integration establishes a simple supervisory workflow in which the Chief Compliance Officer (“CCO”) of an RIA firm is able to seamlessly track, manage, and document the client suitability and portfolio review process enabled by the two platforms.
2. Additional Vendors added to the Vendor Due Diligence Platform
The Vendor Due Diligence Platform allows RIA firms and vendors to automate documentation sharing and tracking by sharing due diligence documentation (e.g., business continuity plan, email compliance, cyber security policies) all within in a single digital platform. RIA firms can connect with vendors directly via the platform to conduct initial or ongoing vendor due diligence. In November, six additional vendors were added to the platform: AdvicePay, BridgeFT, Itegria, Ladder Life Insurance, ViseAI, and YoureFolio.
Existing vendors include Advyzon, Envestnet MoneyGuide, Morningstar, Redtail, Riskalyze, Orion, Wealthbox, Asset-Map, Bridge Financial Technology, FCI, Message Watcher, RightSize Solutions, and Snappy Kraken.
3. Document Template Additions
We have added nine document templates since October including standard LinkedIn, Facebook and financial plan disclosures. This brings the total count of document templates to 39. These are model documents and disclosures created by our team of former regulators that can be used by firms to assist in the formation of their own documents or disclosures.
