Compliance
XYPN’s services around RIA compliance provide you with the tools, education, and resources necessary to serve as your own CCO. By special arrangement with Smart RIA, members of XY Planning Network benefit from having a customized compliance solution. XYPN’s compliance team works closely with the Smart RIA folks to maintain a proactive and highly organized compliance program, which is available to XYPN members as an included member benefit. The offering includes task-management questionnaires, document storage, and compliance checklist reminders, among other helpful features.
What This Benefit Provides You
Compliance is a huge concern for new firm owners. It’s complicated, confusing, and scary to try to work through on your own — and it can be prohibitively expensive to try and hire compliance professionals to set everything up for you. Going at it alone can run your compliance setup costs anywhere from $3,000 to $15,000.
But membership with XY Planning Network means you no longer need to handle compliance on your own. We provide services for all advisors, from those who need to register and launch their own RIA to existing firms who need to think about annual updates and how to deal with regulators.
Get the Details
- Initial registration services
- Templated compliance documents, including Client Agreements
- Compliance calendar and task list via Smart RIA
- Anytime access to compliance professionals via the Compliance Forum
- Ongoing support
- Weekly Office hours with Director of Compliance, Scott Gill
- Monthly Webinars
Staying compliant and acting as your own Chief Compliance Officer doesn’t have to be overwhelming, scary, or hard. XYPN members can face compliance with confidence thanks to our services, coaching, and resources.
Initial Registration Services from XY Planning Network
Included in Membership Fee:
- How-To Guides and Templates
- Access to Members-Only Compliance Forum
- Compliance Education via Webinars and XYPN Academy
- Weekly Office Hours with Scott Gill, XYPN Director of Compliance
- Smart RIA Compliance and Task Management Software
| Initial Registration & Paid Services | Price for IR & Paid Services |
|---|---|
| Initial Registration: 1 State Registration and 1 IAR | $1,000* upfront OR $100*/month for 12 months |
| Initial Registration Expedited Filing | $2,000* |
| Registration in Additional States | $600 |
| Registering and Filing Additional IARs | $250 |
| Comprehensive Document Review | $200/hour |
| Direct Access to Compliance Consultant (Hourly) | $200/hour |
*Effective August 31, 2019, pricing for initial registration will increase to $1,500 or $125/month for 12 months, and expedited registration will be $2,500. Join XY Planning Network on or before August 31, 2019, and sign the Initial Registration Contract by September 30, 2019, to enjoy current rates.
State/SEC fees, and exam fees are not included in the prices above and will go directly to the agencies. Click here for current pricing.
Ongoing Compliance Support for State Registered RIAs**
Included in Membership Fee:
- Annual ADV Update
- Weekly Office Hours with Scott Gill, XYPN Director of Compliance
- How-To Guides and Templates
- Access to Members-Only Compliance Forum
- Compliance Education via Webinars and XYPN Academy
- Smart RIA Compliance and Task Management Software
| Ongoing – Premium A La Carte Services | Price for A La Carte Services |
|---|---|
| Registration in Additional States | $600 |
| Registering and Filing Additional IARs | $250 |
| Direct Access to Compliance Consultant (Hourly) | $200 |
| Update U4 | $100 |
| Filing of “Other-Than-Annual” ADV updates | $250 |
| Review of Website/Ebook/Blog/Course | $1,000 |
| Comprehensive Document Review | $200/hour |
| Update/Redrafting of Non-XYPN documents | $1,000 |
**Limited compliance support available for SEC registered firms. Please contact us to discuss available services.
