Dec 14, 2021
Cory Roberson is the Founder and Principal of FIN Compliance, a consortium of compliance, consulting, and business management solutions designed to help investment firms structure, maintain, and develop their internal regulatory programs. An established public speaker, Cory has delivered speeches in several engagements, including the FinTech Diaspora Forum and the ICO4Impact Virtual Summit. He is also a writer whose publications include the article, “Raising the Bar for Compliance: 10 Tips to Practice Management”—published in the Financial Planning Association’s 2014 Newsletter—and the book, From Student to Entrepreneur: Making a Transition to Business.
Cory joins us today to discuss how financial technology can ease the burden of compliance for RIAs and financial planners. He describes how he embraced tech in investment management as he built his compliance consulting business. He explains why financial planning organizations should consider collaborating with external compliance consultants — even if they already have an in-house compliance team. Cory also shares the key compliance points financial advisors need to understand when starting their own RIA.
“Financial advisors experience friction with compliance the most, but there is an intersection between tech and compliance that can ease that friction.” - David DeCelle
This week on The Model FA Podcast:
- Cory’s background and his journey into the compliance consulting space
- How Cory built the client base for his first consulting business
- The importance of moving beyond the traditional business model and becoming a multi-dimensional financial planning business
- How tech can help financial advisors stay on top of compliance and policies
- Why financial advisors can’t be completely reliant on tech for compliance
- FIN Compliance’s services and how they support financial advisors with compliance and regulations
- The most innovative financial planning business ideas Cory has seen
- When a financial planning business should build an in-house compliance team
- Connecting business, faith, and the Bible
Our Favorite Quotes:
- “Compliance is a bear in our industry that many financial advisors run away from.” - David DeCelle
- “Operations and compliance come hand in hand.” - Cory Roberson
- “Tech has a huge value and we have to embrace it. But you can’t completely rely on it for everything.” - Cory Roberson
Connect with Cory Roberson:
- FIN Compliance
- Book: From Student to Entrepreneur: Making a Transition to Business (Don’t Play Around, Write It Down)
- FIN Compliance on LinkedIn
- FIN Compliance on Facebook
- FIN Compliance on Twitter
- Cory Roberson on LinkedIn
About the Model FA Podcast
The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no “gotchas” or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams.
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Our Team:
President of Model FA, David DeCelle
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