Teddy Guzek’s Post

Attacks on RIAs have been on the rise, and this should be a wake-up call for firms that still think they’re too small or too niche to be worth targeting. #RIAs are often more attractive targets than they realize. Not because they’re massive organizations, but because they manage high-value personal assets, publish advisor names and emails publicly, and often treat security like a compliance task instead of a technical risk. Many firms assume that the same person handling compliance, audit, or operations can “own security” as well. Those functions matter, but they are not the same thing. Compliance can tell you whether disclosures are right, and an audit can tell you whether a process exists, but neither tells you whether your applications, portals, identity controls, or internal environment would actually hold up under real testing. When you’re managing personal money, that distinction matters. Attackers don’t care how many employees you have; they care what you have access to. If your firm manages significant assets, your reputation is at stake. If you’re an RIA and want an outside view of where your actual exposure may be, reach out to the Hoplite Consulting team. We work alongside internal teams to pressure test assumptions, validate risk, and find the gaps before someone else does. https://bit.ly/4rvH63