Is your firm ready?
Registered Investment Advisors (RIAs) and Exempt Reporting Advisors (ERAs) are under increasing scrutiny as Anti-Money Laundering (AML) regulations and the Bank Secrecy Act (BSA) impose new demands on governance, monitoring, reporting and technology.
Although FinCEN has extended the compliance rule to January 1, 2028, the cost of inaction today is still high. Designing and implementing a scalable AML program takes time—and those who act now will be better positioned to mitigate risk exposure and stay ahead of regulators and peers.
SolomonEdwards helps RIAs build and operationalize AML programs with the agility and rigor needed to meet evolving expectations.
Our 5-phase methodology addresses your unique risk profile, operational structure and client service model. From readiness assessments and policy development to transaction monitoring, SARs and ongoing advisory, we build scalable, exam-ready solutions that allow RIAs to meet evolving AML obligations with confidence and agility.
Current BSA/AML program assessment
Findings report, risk-rated project plan, development of policies and procedures
Tech selection, configuration and implementation
Change management, staff training and enablement, mock audits
Exam preparation, regulatory response, staff augmentation, management and board reporting
EXPERTISE
EXPERIENCE
SUPPORT
Evaluate policies, processes and tech gaps
Improve reporting and automation for AML
Identify and implement use cases for enhanced due diligence and alerting
Improve accuracy of KYC/CDD inputs and reporting