Risk Assessment/Gap Analysis

Regulators expect all SEC-registered advisers to conduct a Risk Assessment/Gap Analysis of their firm, and to review and update it annually. Bates Compliance has the expertise and the methodology in place to review the inner workings of your firm and compare it to industry best practices. We assist your firm in prioritizing the highest-risk areas as well as determining where gaps exist and recommending the necessary change to address them. At the conclusion of the review, you will receive a matrix comparing the firm’s activities, rating them in comparison to industry standards and providing the firm with recommendations on enhancements to your Compliance Program, as well as a risk-based recommendation on what enhancements the firm should focus on first.