Risk Advisory Services
We help you see risk before it becomes a headline.
As regulatory demands continue to grow and organizations face an increasingly complex global environment, businesses, financial institutions, investment firms, and healthcare organizations need trusted advisors who can help them navigate risk, maintain compliance, and achieve their strategic objectives with confidence.
Kaufman Rossin’s Risk Advisory Services team pairs deep regulatory expertise with real AI-enabled solutions to help financial institutions, broker-dealers, RIAs, public companies, and technology-driven organizations manage the risks they know, and the ones they don’t.
Risk doesn’t stay inside one practice area, so neither do we. Financial crime, broker-dealer and RIA oversight, corporate governance, and cybersecurity are four fronts of the same challenge — and our team works across all four, so the same standard follows you wherever risk shows up.
Our Approach
“Clients don’t experience risk as separate problems — a compliance gap, a governance question, a cyber threat. They experience it as one thing: exposure.”
Financial Services
Banks, fintechs, and other financial institutions answer to the same regulatory expectations from very different starting points. We bring the same rigor to each, tailored to how your institution actually operates and the technology it runs on.For banks, that means BSA/AML and sanctions programs built for examiners and remediation that holds. For fintechs, it means compliance that scales with product launches, sponsor bank expectations, and the path to a bank charter.
Insights
40
Charter applications in 18 months
Fintechs and banks are converging on the bank charter. Our professionals break down the five pitfalls behind recent OCC denials.
AI Model Validation
AI
AML Model Validation
We independently validated Bretton AI's KYC, AML, and sanctions agents, testing accuracy, explainability, decision traceability, and model risk governance.
Financial Crime & AML
- BSA/AML program design and risk assessments
- Transaction monitoring implementation, tuning, and validation
- BSA/AML independent testing
- Consent order, MRA, and lookback remediation
- Complex due diligence and financial crime investigations
AI-Enabled Compliance
- AI-assisted transaction monitoring alert triage
- AI-supported AML reviews and enhanced due diligence
- Every decision reviewed and validated by our compliance team
- Documented, defensible results built for examiner scrutiny
Sanctions & OFAC
- OFAC sanctions program design and risk assessments
- Sanctions investigations and historical lookbacks
- Screening system implementation, tuning, and validation
- OFAC independent testing and remediation assistance
Fraud & Misconduct
- Complex fraud scheme and financial investigations
- Internal investigation and litigation support
- Fraud risk assessments, prevention, and training
- Fraud control effectiveness testing
Antibribery & Corruption
- Anti-bribery and corruption (ABC) program and controls assessments
- Third-party risk due diligence and integrity reviews
- FCPA and global anti-corruption investigations
- Expert witness and litigation support
Consumer Financial Protection
- UDAAP risk assessment and testing
- Fair lending reviews
- Regulation E error resolution testing
- Regulatory exam readiness support
Risk Intelligence Suite
Decades of BSA/AML and OFAC practice, built into automated tools that help your team assess risk, benchmark against peers, screen against sanctions lists, and track regulatory orders through to closure.
Their regulatory knowledge and industry credibility were evident in every interaction. We would not hesitate to recommend them to any institution seeking a trusted advisor for risk management initiatives.
Broker Dealer & RIA Compliance
Broker-dealers, RIAs, and private fund managers have to prove supervisory controls work, not just that they exist. We support you from SEC registration and FINRA membership through every exam that follows, with trusted consulting at every stage. ServicesRegistration & Membership
- FINRA New Membership Application (NMA) assistance
- FINRA Continuing Membership Application (CMA) assistance
- SEC and state registration for investment advisers and private fund managers
- Related compliance support through registration and beyond
FINRA & SEC Regulatory Compliance
- Regulatory compliance consulting and outsourcing
- Annual Supervisory Controls Assessment
- Compliance program review
- Exam readiness and regulatory response
AML Compliance Testing & Consulting
- Independent AML program testing (FINRA Rule 3310)
- Risk-based review of AML risk management and compliance
- Tailored guidance informed by SEC risk alerts
Client Testimonial
Navigating FINRA registration with confidence
Our team guided Neon Money through the FINRA New Member Application and continues to support their compliance program.
“I never felt like I was alone… you have somebody that has your back.”
Corporate Governance & CFO Advisory
Risk-informed decisions, not another point-in-time review. We build responsible AI into how we deliver audit and risk work, not just advise on it.Numbers You Can Stand Behind
Clean, accurate financials and controls that hold up under scrutiny are the baseline. The real outcome is a clear strategy and the capability to carry it out.
Practitioners Who've Done the Job
Our team is made up of former practitioners who lead with critical thinking and a proactive client experience. Our internal audit, SOX, and CFO leaders have owned budgets and been accountable for results.
Ready for What's Next
A capital raise, an acquisition, a tougher audit, a public listing. You walk in prepared, not scrambling the week before.
One accountable team across strategy, reporting, and controls for CFOs, controllers, and anyone with decision-making authority under the CFO.
ServicesStrategic Finance Support
- Strategy and planning support for your existing finance leaders
- Board reporting and KPI dashboards
- Treasury and cash management
- FP&A, budgeting, and forecasting
M&A Support
- Transaction readiness and diligence support
- Finance, controls, and systems integration planning
- Integration of acquired finance teams and processes
- Post-close reporting and controls
Accounting & Reporting Operations
- Month-end close and reconciliations
- AP/AR and payroll processing
- Financial statement preparation
- Managed accounting operations
Controls & Compliance
- Internal controls design and testing
- Policies, procedures, and governance documentation
- Control deficiency remediation
- Audit-readiness support
Finance Technology & Operational Improvement
- Finance systems selection and implementation
- Automation of manual processes
- Process redesign
- Change management and training
AI Enablement & Governance
- Governance aligned to ISO 42001 and NIST AI RMF, so you can say yes to AI adoption
- Acceptable use policy design and employee guardrails
- Vendor AI tool evaluation and risk assessments
- Real-time compliance monitoring for AI-driven decisions
- AI audits and assurance
Modernized our SOX program, partnered extremely well with our Big 4 external auditor, streamlined internal audit processes, and automated key workflows. Technically exceptional yet always a joy to work with, Adrian became an extension of our finance leadership.
Audit, controls, and regulatory work built to earn board and regulator confidence for Chief Audit Executives, chief risk and compliance officers, and their teams.
ServicesInternal Audit
- Co-sourced and outsourced internal audit services
- Strategic, operational, financial, and compliance risk assessment
- Independent assurance on controls and processes
- Audit program development and execution
SOX & Controls
- SOX/ICFR design, testing, and remediation
- GRC platform selection and implementation
- Control environment documentation
Enterprise Risk Management & Governance
- Co-source, outsource, and strategic advisory with diverse skill sets
- Risk management that drives better decisions, not list management
- Leadership alignment sessions on risk impact, frequency, and velocity
- AI Enablement & Governance
- Governance structure and board effectiveness evaluation
- Risk appetite framework development
Model Risk
- Model implementation and project management
- Model calibration and validation
- AI & enterprise model risk framework
- Ongoing monitoring and performance assessments
Regulatory Compliance Strategy & Remediation
- Remediation plan development
- Corrective action timeline management
- Compliance program rebuilding
- Regulatory communication and response support
Global Data Privacy Compliance
- Privacy program and governance design
- Data mapping and privacy impact assessments
- GDPR, CCPA, and regulatory gap assessments
- Outsourced Data Protection Officer (DPO)
The leader brought structure, clarity, and a strong point of view grounded in facts, always offering thoughtful options and trade-offs. The ability to translate complex challenges into actionable decisions made them an invaluable partner in our modernization efforts.
One coordinated plan for going public or uplisting, built from wherever you are today and working alongside your external auditor.
How we workOne plan, sequenced ahead of every gap, led by senior professionals from readiness through listing day.
Who we coordinateSecurities counsel, investment banks and underwriters, your external auditor, and transfer agents.
What you getA filing-ready S-1, controls in place before listing, and governance built for public markets.
Readiness Assessment & Financial Reporting
- Readiness diagnostic, gap map, and full cost estimate
- GAAP financial statements, restatements, and MD&A readiness
- Audit trail documentation built for SEC and PCAOB review
SOX Controls & Internal Audit
- SOX/ICFR design, implementation, and testing
- IT general controls (ITGC) and technology risk
- Co-sourced or outsourced internal audit
SEC Reporting & Disclosure
- S-1 / F-1 financial preparation and MD&A drafting
- Earnings releases and ongoing 10-K / 10-Q support
- Reg FD compliance
Governance & Board Readiness
- Board composition and audit committee formation
- Disclosure controls and enterprise risk management
- Cybersecurity risk assessment and SOC 2 readiness
CFO & Finance Function Build-Out
- Virtual CFO services
- Financial systems and process transformation
- FP&A capability and investor-grade reporting
Tax Structuring & Due Diligence
- Pre-IPO tax structuring and S-Corp to C-Corp conversion
- Equity compensation tax (ISOs, RSUs, warrants)
- Quality of earnings and financial due diligence
Continuous Cyber Risk Management
Cybersecurity
Every client starts somewhere different
Some clients come to us after a breach, when a ransomware attack or wire fraud has tangled a cyber incident with a financial crime, and we bring one team to handle both. Most come earlier: an auditor flagged IT controls, a customer sent a security questionnaire, or the board started asking hard questions.
Wherever you start, Continuous Cyber Risk Management keeps your organization protected, compliant, and resilient every day, not just on audit day.
How We Keep You Secure
The CCRM Lifecycle
Mid-market companies face enterprise-grade threats with a fraction of the resources. CCRM runs in seven phases, then starts again as your business and the threats against it change. The services below cover every phase.
- AlignMap risk to business goals and obligations
- AssessFind the gaps: posture, controls, supply chain
- StrengthenHarden configurations, close vulnerabilities
- ValidateProve it works: pentest, red team, compliance
- MonitorWatch continuously: threats, drift, anomalies
- RespondIncident response, digital forensics, containment
- ImproveLearn, adapt, mature, then cycle back
Continuous, not a project with an end date.
Services
Continuous Pentest & Vulnerability Assessment
- Expert-led testing year-round, not one day a year
- Know what's exploitable right now, not six months ago
- Findings prioritized by advisors who know your business, obligations, and risk appetite
- Faster proof of security maturity
Automated Remediation
- Misconfigurations and vulnerabilities fixed across every device and OS
- Remediation that doesn't disrupt operations
- Instant rollback if a fix breaks something
- A backlog that shrinks instead of growing
Compliance & Audit Readiness
- Continuous evidence collection and control monitoring
- NIST CSF, SOC 1, SOC 2, NYDFS, ISO 27001, and HIPAA readiness without the fire drill
- Faster audit cycles and fewer management letter surprises
- Compliance you can demonstrate on demand
Third-Party & Software Supply Chain Risk
- Real-time visibility into third-party risk scores
- Binary-level analysis of software and firmware in your environment
- Exposure caught beyond vendor self-attestations
- Risk surface mapped past your own perimeter
Digital Forensics & Financial Investigations
- One coordinated investigation instead of three vendors
- Digital forensics paired with financial reconstruction
- Chain-of-custody documentation for legal and regulatory proceedings
- Expert testimony from the team that uncovered the evidence
AI Enablement & Governance
- Governance aligned to ISO 42001 and NIST AI RMF, so you can say yes to AI adoption
- Acceptable use policy design and employee guardrails
- Vendor AI tool evaluation and risk assessments
- Real-time compliance monitoring for AI-driven decisions
