Vendor and Service Provider Due Diligence Checklist

Effective vendor due diligence isn't about asking for everything — it's about asking for the right things. Wealth management firms rely on dozens of vendors and service providers to keep operations running, and each relationship requires a level of scrutiny proportionate to its risk. Without a structured approach, due diligence becomes overwhelming for your team and burdensome for your vendors.

This checklist covers the key documentation and information to request across eight categories, from financial health and compliance to cybersecurity and contract terms, so you can assess vendors thoroughly without drowning in irrelevant data.

Download this infographic to learn:

• The eight due diligence categories every wealth management firm should evaluate
• Which items apply to all vendors versus those reserved for critical and higher-risk relationships
• What specific documents and policies to request so your due diligence process produces clear, actionable insights