RIA in a Box Adds Data from Morningstar Office(SM) Cloud for Enhanced Automated Registration

CLEVELAND, Oct. 30, 2018 /PRNewswire/ -- RIA in a Box, a leading provider of compliance, operations and registration software solutions for the wealth management industry, today announced the integration of data from Morningstar Office℠ Cloud, Morningstar's flagship platform for advisors, to RIA in a Box's MyRIACompliance software for independent registered advisors. The integration of Morningstar data provides heightened compliance and registration capabilities for RIA in a Box clients to ensure consistent and accurate registration across practices.

"Our goal is to put the power back into the hands of the CCO by freeing them from time-consuming manual tasks, giving them peace of mind in knowing their compliance needs are being managed throughout their businesses," said GJ King, president of RIA in a Box. "The future of compliance is in automation, without eliminating the human expertise required to understand the nuances of a successful practice. The addition of Morningstar Office data offers an added layer of assurance helping advisors operate more efficiently and securely than before."

Clients now have access to real-time updates on their registration and compliance needs, eliminating the time-consuming demands of tedious manual-entry processes. By sourcing data from Morningstar and running it in tandem with RIA in a Box's MyRIACompliance software, the integration enables firms of all sizes to seamlessly track registration and notice filings to ensure compliance requirements are updated in real time. Additionally, the integration provides advisors with enhanced capabilities, such as the real-time ability to ensure the firm is properly registered in the proper jurisdictions.  

"We are thrilled to work with RIA in a Box to address the compliance needs of advisors," said Dermot O'Mahony, Morningstar's head of software products. "We recognize that the needs of RIAs are evolving, and providing data from Morningstar Office Cloud to MyRIACompliance software is a step forward in ensuring their essential regulatory and operational needs are met through automation across their offices."

The integration is now live and available to RIA in a Box MyRIACompliance clients.

About RIA in a Box LLC

RIA in a Box is a leading provider of compliance software to the wealth management industry. Launched in 2005, RIA in a Box is led by Will Bressman and GJ King who transformed the business into the market leading SaaS-based compliance solution focused on the RIA industry. Over 1,700 RIAs of varying size use the platform to increase compliance workflow efficiency and to automate regulatory requirements. For more information about RIA in a Box, please visit: www.riainabox.com.

SOURCE RIA in a Box

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