What’s the best document storage solution for your RIA?

If you’re in the business of providing financial advice to individuals and companies, then you know that a big part of your job is managing client documents. You need a reliable document storage solution that can help you stay organized and keep track of everything while also giving easy access and sharing options for your […]

How to keep your RIA firm’s data safe from disgruntled employees

In recent years, plenty of high-profile data breaches have made the headlines, from the Snowden Leaks to the 2022 Cash App data breach. Many of these breaches were carried out by former employees who had access to sensitive data and decided to misuse their privileges. As a registered investment advisor (RIA), you have a wealth […]

Common quick-fix IT problems at RIA firms

As a registered investment advisor (RIA), you rely on your computer systems to do your job effectively and efficiently. But what happens when something goes wrong? From printing problems to data syncing errors, day-to-day IT issues can throw a wrench into your workflow. We work mostly with RIAs with between 5 and 25 people, and […]

The best endpoint security for your RIA: Gartner’s top 6 solutions reviewed

What is an endpoint? An endpoint is any device that connects and can exchange information with your RIA’s network. It includes all the computers, phones, tablets, you might expect, but internet-of-things like smart speakers or thermostats are also endpoints.  The prevalence of remote and hybrid work has made endpoint security more important than ever because […]

5 Reasons to move away from text message authentication for multi-factor authentication

As a registered investment advisor (RIA) or financial advisor, you are always looking for ways to better secure your clients’ data. One specific way is by using multi-factor authentication or, as it’s sometimes called, two-step verification. This adds an extra layer of account security by requiring not just a password, but also a second factor, […]

Smarsh vs. Global Relay vs. Microsoft: Which is the superior eDiscovery solution?

There are a number of eDiscovery solutions that come with robust search and filtering capabilities, but the most commonly used by financial services firms are Smarsh, Global Relay, and Microsoft. Registered investment advisors (RIAs) and financial advisors like you need eDiscovery tools to automate and streamline the data review process, making it easy to find […]

Is Google Cloud SEC-compliant?

Many registered investment advisors (RIAs) and financial advisors use the Google Cloud Platform for email and data storage. This is because Google’s services are often more secure and reliable than traditional on-premises solutions. But can RIA and financial advisory firms be certain that their communications and data in Google Cloud are safe and compliant with […]

Smarsh vs. Global Relay vs. Microsoft: What should your RIA use for email archiving?

Email archiving is a critical part of compliance for registered investment advisors (RIAs) and financial advisors like you. For one, the Securities and Exchange Commission (SEC) requires that RIA and financial advisory firms preserve email communications for up to six years. The data must also be kept in a “write once, read many,” or WORM, […]

Microsoft Authenticator: Secure authentication for RIAs and financial advisors

Registered investment advisors (RIAs) and financial advisors like you are always looking for the best way to protect your online accounts and your clients’ data. You want to make sure that only authorized individuals can access confidential information, and that if someone tries to hack into any of your accounts, they won’t be able to […]