Client Engagements

HRL engages clients directly and indirectly through our proprietary software tool, comport365®.  We take great pride in our ongoing client re-engagment rate wherein over 90% of our clients re-engage our services over a 2-3 year cycle and often annually. We have highlighted some of our work below to provide context to the nature and breadth of our services.

On-Call Services

The vast majority of our Clients utilize on-call and project oriented engagements. On-call services are designed to serve ‘in the moment’ risk management inquiries. Recent examples include:

  • Private fund expense allocation practices
  • Evaluate application of new SEC custody guidance
  • Expand forensic testing protocol to keep pace with dynamic nature of the business
  • Development of cybersecurity controls
  • Review of client-prepared annual review reports


  • Compliance risk profile identification and risk mitigation through risk assessment and mock audit engagement
  • Test certain business activities for an investment adviser, focusing on those functions where the CCO sees higher relative risk
  • Prepare regulatory readiness assessment for investment advisory firm in anticipation of an SEC regulatory examination
  • Review advertising and marketing materials
  • Assist in Form ADV amendments to meet expanded filing requirements

Compliance Program Design, Audit and Implementation

  • Develop compliance policies and procedures for numerous investment advisers in compliance with SEC Rule 206(4)-7 under the Investment Advisers Act
  • Assist exempt reporting advisers in their transition to full SEC registration
  • Design and execute compliance audit programs for multiple financial service clients
  • Design business planning and client disclosure templates for diversified financial services entity

Training and Financial Writings for Clients

HRL has developed a variety of compliance training programs to meet targeted client needs. We have also been commissioned to author articles for a variety of distribution channels on matters of compliance. A sampling of course titles includes:
  • ERISA Disclosures – 408(b)(2) and 404(a)(5) regulations have changed the game
  • Investment Manager Due Diligence
  • Fostering a Culture of Compliance
  • SEC Enforcement Action Recap
  • Pay to Play
  • Market Turmoil
  • Business Succession Planning