Supervisory Systems

We draft and update WSPs and SOPs built for daily use — not generic templates pulled from a shelf. We design compliance checks and supervisory controls that map to your actual workflows. Every procedure designates responsible individuals and establishes clear escalation paths, so your team knows exactly what to do and who owns each function.

Exam Management

Our team guides clients through FINRA, SEC, and MSRB regulatory examinations. We perform mock exams to mitigate risks and avoid findings, prepare your personnel for examiner interviews, manage documentation requests, and build remediation plans when needed. We've been on both sides of the table — as operators inside firms and as the examiners walking in the door.

Regulatory Reporting

We build systems to ensure accurate, timely reporting for CAT, CAIS, and TRF. Reporting frameworks, data quality controls, submission workflows, and exception monitoring — designed to prevent the deficiencies that examiners find most often. Your reporting infrastructure should be a strength, not a liability.

AML & SOC2 Reviews

We evaluate anti-money laundering programs for effectiveness and current regulatory alignment — not just box-checking, but testing whether your AML controls actually catch what they're supposed to catch. We support SOC2 readiness assessments, helping firms prepare for examinations and close gaps in their control environment before auditors arrive.

ICOC Enhancement

Strengthening internal controls over compliance enhances financial reporting readiness and provides hands-on operational integrity. We design, test, and improve ICOC frameworks so firms can demonstrate confidence in their compliance posture — to regulators, to auditors, and to their own leadership.

Continuous Monitoring

Compliance isn't a project with a completion date. Our continuous testing programs keep supervisory systems current and functional — tracking regulatory changes, testing controls, and surfacing issues before they become findings. We help firms move from reactive firefighting to proactive compliance management.

What We See Most

After years inside broker-dealers and on the examiner side, these are the gaps we find most often — and the ones that carry the most risk.

⚠

Outdated WSPs & SOPs

Procedures that haven't been updated to reflect current operations, personnel changes, or recent rule amendments. Examiners notice immediately when your written procedures don't match what your team actually does.

◉

Weak Supervisory Designation

Unclear lines of responsibility — no named supervisors for specific functions, missing escalation paths, or delegation gaps that leave activities effectively unsupervised.

⚗

Reporting Infrastructure Gaps

CAT, CAIS, and TRF submissions with recurring exceptions, missing data quality controls, or no process for identifying and correcting errors before they compound.

❖

Untested Controls

ICOC frameworks and AML programs that exist on paper but haven't been tested against real scenarios. Controls that aren't tested are controls you can't rely on — and regulators know it.

Common Questions

We start by mapping your firm's actual operations — what your team does day to day, who's responsible for what, and where existing procedures diverge from reality. From there, we draft updated WSPs and SOPs that reflect your current business, designate responsible individuals, and establish clear escalation paths. The timeline depends on the size and complexity of your firm, but the goal is always operational procedures — not shelf documents.

We run mock examinations that mirror the real process — document requests, personnel interviews, supervisory system walkthroughs. We identify where findings are most likely, build remediation plans for anything that surfaces, and coach your team on how to handle examiner questions. Our partners have been on both sides of the exam table, so we know what examiners look for and how they prioritize.

A strategic assessment is a point-in-time evaluation — we audit your compliance infrastructure, identify gaps, and deliver a prioritized roadmap. Continuous monitoring is an ongoing program where we test controls regularly, track regulatory changes that affect your firm, and surface issues before they become exam findings. Most firms start with an assessment and move into monitoring once the foundation is solid.

Yes. We support firms through active FINRA, SEC, and MSRB examinations — managing document production, preparing personnel, coordinating responses, and developing remediation plans for any findings. If you're already in an exam and need support, we can engage quickly.

The annual independent test is designed to be comprehensive, but in practice many firms receive surface-level reviews that verify policies exist without testing whether controls actually work. Our reviews evaluate operational effectiveness — whether your transaction monitoring is calibrated correctly, whether your team can execute the procedures as written, and whether your program meets the full regulatory standard. We close the gap between what's documented and what's operational.

Compliance Infrastructure for Broker-Dealers

Regulators

Key Frameworks

Outdated WSPs & SOPs

Weak Supervisory Designation

Reporting Infrastructure Gaps

Untested Controls

Ready to Strengthen Your Compliance Infrastructure?