Reg S-P Compliance for RIAs & Broker-Dealers
The SEC’s amended Reg S-P requires documented oversight of every vendor touching client data. BRM finds them automatically — then builds your audit-ready compliance record without a single manual upload.
No credit card · Results within minutes · SOC 2 Type II
How it works
You connect the accounts you already have. BRM does the rest — including finding the vendors you didn’t know existed.
Read-only OAuth to Google Workspace or Microsoft 365, plus bank and card feeds. No agents, no manual data entry.
Live in minutes
BRM surfaces every vendor touching the firm: invoices, subscription charges, SaaS emails, and the tools individual advisors are using without IT approval.
Complete picture in hours
Tag which vendors receive client personal information directly in the vendor record. One list becomes your Reg S-P scope.
Scoped same day
SOC 2 reports, DPAs, and 72-hour breach clauses requested and stored against the vendor record — not a shared drive.
No more chasing vendors
Every renewal re-checks the record. A missing doc blocks the renewal before the contract auto-extends.
Continuous compliance, not a point-in-time snapshot
Customer story
We found 43 vendors with client PII subject to Reg S-P. BRM gave us the scope — and the starting point to actually do something about it.
Joseph SilvaDirector of Finance, Compound Planning
If you’re a controller or finance professional and you can’t fully account for every vendor you’re paying — what they cost, when they renew, and whether you’re getting a fair deal — then get BRM.
Joseph SilvaCPA, Director of Finance, Compound Planning
Compound Planning, a $4B AUM RIA, needed a defensible Reg S-P scope before the SEC’s small-entity deadline. BRM pulled every vendor from their inbox and payment rails, flagged the ones touching client PII, and chased down the documents — without adding headcount.
Why not the other tools
Legacy procurement, CLM, and SaaS-management tools weren’t built for Reg S‑P. Here’s how BRM compares on the ten capabilities that matter for RIA and broker-dealer oversight.
| Capability | BRM | Vendr | Zip / Coupa | Ironclad | Zylo / Torii | Smartria | Venminder |
|---|---|---|---|---|---|---|---|
| Email-based vendor discovery | Yes | No | No | No | Partial | No | No |
| Shadow IT detection | Yes | No | No | No | Yes | No | No |
| No manual vendor upload | Yes | No | No | No | Partial | No | No |
| Auto compliance document collection | Yes | Partial | Partial | No | No | Partial | Yes |
| PII tagging per vendor | Yes | No | No | No | No | Partial | Partial |
| Compliance-gated renewals | Yes | Partial | Partial | No | No | No | Partial |
| 72-hour breach clause tracking | Yes | No | No | Partial | No | Yes | Yes |
| Mid-market fit (no enterprise-only pricing) | Yes | Partial | No | No | Yes | Yes | Partial |
| Spend + contract + compliance unified | Yes | Partial | Partial | No | Partial | No | No |
| Purpose-built for RIAs and broker-dealers | Yes | No | No | No | No | Yes | Yes |
Capability comparison based on publicly available product documentation as of April 2026. Tool feature sets may vary by plan.
Deadlines
The SEC’s amended Reg S-P took effect with staggered deadlines based on firm size. Reg S-P compliance is a stated priority in the SEC’s FY2026 examination agenda.
December 3, 2025
Registered investment companies with net assets ≥ $1B and registered broker-dealers, investment advisers, and funding portals meeting SEC size thresholds.
June 3, 2026
All remaining SEC-registered investment advisers, broker-dealers, investment companies, and transfer agents — regardless of firm size.
Why BRM
Six capabilities that turn Reg S-P from a quarterly scramble into a continuous, evidence-backed program.
The vendors your advisors actually use show up in their inbox. BRM reads the receipts — not a manual intake form.
Tag vendors touching client PII once, in one place. That list becomes your Reg S-P scope, evidence included.
SOC 2 reports, DPAs, and breach clauses chased from vendors and filed against the record — without email ping-pong.
Renewals can’t close without the compliance record attached. A missing doc blocks the contract before it auto-extends.
Read-only OAuth to the accounts you already have. No implementation project, no onboarding consultant, no manual upload.
Natural-language queries across your vendor graph — "which vendors have SOC 2 expiring this quarter?" — answered instantly.
Connect your inbox and financial accounts. BRM will show you your complete vendor universe — including the ones you don’t know about — and identify which ones require Reg S-P documentation.
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