How RIAs Can Manage Vendor and Service Provider Risk

Managing vendor and service provider relationships is critical for wealth management firms, but it's also increasingly complex. From custodians and fintech platforms to AI-powered tools and compliance consultants, every vendor relationship introduces potential risks to client data, business continuity, and your firm's reputation.

Whether you're establishing your first formal vendor management program or strengthening existing processes, this checklist provides practical guidance on everything from defining program goals and assigning roles to navigating the complete vendor lifecycle.

Built specifically for wealth management firms of all sizes, this resource helps you demonstrate strong vendor oversight while protecting what matters most — your clients' interests and your firm's integrity.

Download this checklist to learn:

• How to establish a vendor management program framework
• The essential steps for managing the complete vendor lifecycle
• Proven strategies for building policies, procedures, and continuous improvement processes