Your client communications are going through AI tools that don't archive anything. FINRA just listed AI as a 2025 examination priority. I help financial advisors and RIAs choose AI tools that actually meet compliance requirements.
FINRA and SEC have made it clear: existing rules apply to AI. Most advisors haven't updated their supervisory procedures to reflect that.
"The AI I'm using doesn't archive conversations — that's probably a recordkeeping violation." — FINRA Rule 4511 requires preservation of all business communications. Client emails drafted by AI, meeting summaries, recommendations — all covered. Most consumer AI tools provide zero archiving.
"If an AI tool gives a client a recommendation, is that considered investment advice? Am I liable?" — Yes. Reg BI and fiduciary obligations don't transfer to AI vendors. You're responsible for every recommendation, even AI-assisted ones.
"FINRA is going to examine me and find out I'm using AI tools I haven't documented." — FINRA Regulatory Notice 24-09 explicitly reminds firms that ALL existing rules apply to generative AI. AI is a 2025 examination priority.
"I told clients AI is reviewing their portfolios — was that misleading?" — The SEC has already fined firms for "AI washing" — falsely claiming AI capabilities. Settlements of $400K–$2M each.
No new AI rules — but existing regulations cover everything. FINRA RN 24-09 makes this explicit.
All use of AI tools must be supervised. Firms need written supervisory procedures (WSPs) covering AI use — who can use which tools, for what purposes, and how outputs are reviewed.
Client communications are business records — including AI-generated emails, meeting summaries, and chat logs. Required retention: 3 years easily accessible, 5 years total. Most consumer AI tools don't archive at all.
Explicit reminder that ALL existing FINRA rules apply to generative AI usage. No new rules needed — existing supervision, recordkeeping, and fair dealing obligations cover the space fully.
When AI is used to generate client recommendations, advisors are still responsible for ensuring recommendations are in the client's best interest. AI cannot be used to shift fiduciary liability.
AI-generated testimonials, endorsements, and marketing copy must comply. Fake reviews or AI-generated testimonials are prohibited. All AI-generated content requires review and approval.
Communications with clients via AI must be archived. 3 years accessible, 5 years total. Microsoft Copilot can be configured for this; most other AI tools cannot.
Delphia (USA) Inc. and Global Predictions Inc. fined for falsely claiming AI capabilities in marketing materials. Settled for approximately $400K each.
Multiple firms cited in exam findings for inadequate supervision of AI tools — no WSPs covering AI, no archiving of AI-generated communications.
Formal examination priority — AI compliance specifically called out in exam letters. Dedicated enforcement unit for AI-related violations.
I don't sell compliance software. I help you audit your AI tools, update your WSPs, and implement systems that satisfy examiners.
Complete inventory of every AI tool in use — CRM features, email AI, portfolio analytics, consumer tools your team uses for client work. Each evaluated against FINRA and SEC requirements.
Your written supervisory procedures updated to cover AI usage — which tools are approved, review requirements for AI-generated recommendations, and documentation standards.
Help you configure AI tools for compliant archiving, or replace non-compliant tools with alternatives that meet FINRA 4511 and SEC 204-2 requirements.
Whether it's Microsoft Copilot with proper archiving, compliant AI transcription, or purpose-built RIA tools — I help you choose tools that work within your regulatory framework.
30 minutes. We'll review your current AI tools and identify compliance gaps specific to your practice.
Book a Strategy Call20 questions to find your regulatory exposure before FINRA or SEC does. Score your compliance in under 10 minutes.