Microsoft Authenticator: The secure choice for RIAs and financial advisors
In the fast-paced world of wealth management, where every moment counts, the idea of adding an extra layer to your login process might seem like an inconvenience. Yet, this seemingly small security precaution could be the very shield that safeguards your registered investment advisory (RIA) or financial advisory firm’s sensitive information. Multifactor authentication (MFA) is […]
Top 2024 cybersecurity trends every business owner needs to know
Ignorance is not bliss when it comes to cybersecurity. In 2024, the cybercrime game is changing, and business owners who stay in the dark risk losing more than just data. From sophisticated ransomware attacks to targeted supply chain disruptions, the threats are real and relentless. But don’t panic! We’ve compiled the most critical cybersecurity trends […]
Navigating virtual meetings for RIAs: Ease of use, security, and compliance
The past decade has seen a significant shift toward digital communication, owing to the widespread adoption of business technologies such as video conferencing software and collaboration tools. This trend has only accelerated in recent years, with virtual meetings becoming the norm for businesses worldwide. For registered investment advisors (RIAs), this shift has not only transformed […]
Why your RIA should ditch OneDrive and Use SharePoint Instead
SharePoint and OneDrive, two of Microsoft’s cloud-based collaboration platforms, are designed to help businesses manage, store, and share their documents and data. While both platforms offer similar functionalities, some distinct features make SharePoint a better choice for your registered investment advisory (RIA) firm. Let’s discuss these features to understand why SharePoint stands out for RIAs […]
Why RIAs should move on from virtual desktops
In the financial industry, staying ahead of the curve is no longer just beneficial — it’s necessary. For registered investment advisors (RIAs), this means constantly reassessing the tools and technologies that power their operations. One area that can be a point of contention for many RIAs is the use of virtual desktops. While this technology […]
Email protection made easy: Why Microsoft Defender for Office 365 is a must-have for your RIA firm
For registered investment advisors (RIAs), every email ping is a potential opportunity, a client query, or an industry update. But hidden within these email exchanges could be messages carrying malicious intent. Unfortunately, email remains one of the most common methods of cybercrime, with phishing attacks and malware being the top threats. So, what can you […]
Common IT benchmarks to measure the effectiveness of your IT provider
Measuring the effectiveness of your IT provider is essential for ensuring that your registered investment advisory (RIA) or financial advisory firm is getting the most out of your partnership. By tracking key IT benchmarks, you can assess your provider’s performance and identify areas for improvement. You can also use this information as a basis for […]
Crafting the perfect internet usage and monitoring policy for your RIA firm
The internet has become indispensable to modern businesses, and registered investment advisory (RIA) firms are no exception. The internet offers a wealth of information, communication, and networking opportunities that can greatly benefit RIA firms in terms of efficiency and productivity. However, the internet also poses potential risks for RIAs, including data breaches, cyberattacks, and inappropriate […]
Keeping ahead of RIA compliance: The role of your IT provider
Numerous regulations exist in the world of RIA compliance — the fiduciary responsibilities, best practices, and continually updated standards that all registered investment advisors (RIAs) must follow. Your RIA or financial advisory firm must be mindful of these regulations, making sure you are both aware of and keeping up with the latest industry updates. Your […]