AI Governance and Assurance
Your firm already uses AI. Can you prove it is supervised?
Notetakers, platform AI, ChatGPT on someone's laptop. The SEC's 2026 exam priorities ask how you monitor and supervise all of it, and amended Reg S-P now holds you responsible for the vendors behind it. We build the inventory, controls, testing, and evidence so the answer is yes.
This is not a separate service. It is how we build. But it matters enough to explain on its own page, because it is the reason most firms stall out.
What the assurance layer includes
A single place to see and approve every AI tool in the firm: the ones you bought, the ones we built, and the ones your staff adopted on their own.
AI use inventory
Every AI tool and use case in the firm, with the systems and client data each one can touch. Most firms cannot produce this list today. Examiners now ask for it.
Vendor risk documentation
Due-diligence records on every AI vendor that touches client data: data handling, model training posture, retention, subprocessors, and incident terms. Mapped to your Reg S-P service-provider oversight obligations.
Approval levels and agent permissions
A written matrix of what each tool may do on its own, what a named person has to approve first, and what is prohibited. Includes a kill switch for any tool that can take action on its own.
Output testing and regression
Sampling and re-testing of AI outputs for accuracy, grounding, data leakage, and policy adherence, including after model or prompt changes. Almost no RIA vendor does this today.
Incident response
A written program covering AI incidents alongside the breach response and notification requirements of amended Regulation S-P, with tabletop exercises for AI-enabled fraud and deepfake scenarios.
Exam-ready evidence
Supervisory review records, training records, version history, and testing logs organized the way an examiner will request them. Evidence by default, not reconstruction under deadline.
Why firms are moving on this now
This is not hypothetical risk. The regulatory drivers are dated, published, and already in effect.
SEC FY2026 Examination Priorities
Released November 17, 2025. Examiners will review for accuracy registrant representations regarding their AI capabilities, and whether firms have implemented adequate policies and procedures to monitor and supervise their use of AI. Cybersecurity, Reg S-P, and identity-theft red flags are cross-cutting priorities.
Amended Regulation S-P
Compliance for smaller covered institutions, including RIAs under $1.5 billion AUM, began June 3, 2026. It requires a written incident response program, customer notification within 30 days, and oversight of service providers, which includes your AI vendors.
Industry control frameworks
The Cyber Risk Institute's Financial Services AI Risk Management Framework, launched February 2026 with 230 control objectives, signals where supervisory expectations are heading. We right-size that thinking for an RIA, not a bank.
AI-washing enforcement
The SEC's 2024 Delphia and Global Predictions settlements ($400,000 in combined penalties) established the precedent: do not represent AI capabilities the firm does not actually use. Your inventory is also your defense.
Wealth Systems and Expert AI Labs are not a law firm, RIA, broker-dealer, or custodian. Your CCO and counsel remain the authority on your compliance program. We build the operational system underneath it.
Trust and security
How we handle your firm's data
The same rules we put in your policy apply to our own work, on every engagement.
Nothing goes out unapproved
Trade lists, client-facing drafts, money movement, and custodian submissions wait for a named person. We do not build or endorse AI that gives advice on its own.
Client data stays where it belongs
Client information and account data never go into free consumer tools. Firm-approved accounts only, with a written map showing what flows where.
Your environment, your data path
Systems we build run in your stack. No multi-tenant product, no pooled client data, no training on your firm's information.
Recordkeeping by default
Material prompts and outputs that inform advice or client communications are retained with timestamps, consistent with Rule 204-2.
Start with an AI use inventory
Thirty minutes to review what your firm already uses and what an examiner would ask to see. You will know your exposure before any engagement.
Thirty minutes with the person who would run the work, not a sales development rep. Tell us about your firm and we will come back with a time, plus an honest read on whether we are the right people for what you need.
Or call (678) 524-6180 · info@expertailabs.com