News Archives

RIAs Breach Their Fiduciary Duty with Improper Share Class Selection

April 9, 2018 by Mac Bartine Leave a Comment

On April 6, 2018, the SEC ordered three Registered Investment Advisers (RIAs) to pay $12 million to clients harmed by the firms’ breach of their fiduciary obligations. The RIAs had generated millions of dollars in improper fees by selecting higher-cost mutual fund shares for clients, even though less expensive ones were available. In total, the three RIAs were ordered to pay nearly $15 million. The SEC’s orders stated that the RIAs failed to disclose conflicts of interest and violated their

Release Notes for November 2017

December 1, 2017 by Mac Bartine Leave a Comment

SmartRIA is always working to improve our products and services to make sure our users have the best experience with our software. Here’s what we did to update our software in November. If you have features you’d like us to add, let us know. We’d love to hear from you. We’re very excited about our new Advanced Compliance module, which will be fully available in Q1 of 2018 – more about its associated purpose and functionality soon! New Features: Added: Enhancements to password

SmartRIA Featured on FA Magazine Blog

October 26, 2016 by Mac Bartine

SmartRIA’s founder Roger Kiger was featured today in an interview on Financial Advisor Magazine’s blog. The interview explores how Mr. Kiger went from principal of a wealth management firm to a technology entrepreneur by creating RIA compliance software to manage his firm’s needs.

Welcome to SmartRIA

June 16, 2016 by Mac Bartine

Friends and colleagues: Thank you for taking a moment to visit us at SmartRIA, Automated Compliance Software. We are the first, and currently, the only, truly automated compliance software available on the market. For the compliance portion of our software alone, SmartRIA is a huge time, stress, and money saver for our users. We know, because we use it ourselves in our own firm!