Most advisors spend less than $50,000 per year on compliance, but that situation may be changing. In response to evolving compliance risks both in their IT infrastructure and elsewhere, advisors expect to match or expand the amount of resources they put into their compliance function in the coming year. This was just one of the key takeaways from a recent WealthManagement.com survey of more than 100 advisors and financial professionals.
Advisors’ Continue to Build Compliance Resources
