Oyster Consulting, LLC
Oyster Consulting provides compliance consulting, outsourced CCO/FINOP services, and proprietary GRC software (Oyster Solutions) to broker-dealers, RIAs, and exchanges. Acquired by CRC in 2025 to form CRC-Oyster.
- Company typePrivate
- Founded2008
- HeadquartersGlen Allen, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Oyster Consulting, LLC does
Oyster Consulting, LLC is a Glen Allen, Virginia-based professional services and technology firm serving the wealth management industry since its founding in 2008. The firm delivers compliance consulting, regulatory outsourcing, and proprietary GRC software to broker-dealers, registered investment advisors (RIAs), exchanges/alternative trading systems, and law firms. Service lines include project-based consulting (strategy, operations, capital markets, registration, finance, expert witness), recurring outsourcing engagements (Outsourced CCO, Outsourced FINOP, trading supervision), and independent testing (FINRA 3120/3130 supervisory controls testing, AML annual testing, branch exams, RIA annual compliance reviews).
Oyster Consulting, LLC firmographics
Firmographics- Name
- Oyster Consulting, LLC
- Legal name
- Oyster Consulting, LLC
- Website
- https://oysterllc.com
- Company type
- Private
- Founded year
- 2008
- Operating status
- Acquired
- Headcount range
- 51–100 employees
- Short description
- Oyster Consulting provides compliance consulting, outsourced CCO/FINOP services, and proprietary GRC software (Oyster Solutions) to broker-dealers, RIAs, and exchanges. Acquired by CRC in 2025 to form CRC-Oyster.
- Ownership category
- akta.pro rank
Oyster Consulting, LLC industry classification
Industry- Product category
- Financial Services Compliance Consulting
- NAICS
- Management Consulting Services (54161), Software Publishers (513210)
- SIC
- Services-Management Consulting Services (8742)
- akta.pro primary industry
- Compliance Technology, GRC Platforms & Controls Automation Advisory (BPAHAFAO)
- akta.pro secondary industries
- Risk, Compliance & Internal Controls Consulting (BPAHACAJ), Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL)
Keywords
Where Oyster Consulting, LLC is headquartered
LocationHeadquarters
- HQ city
- Glen Allen
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Oyster Consulting, LLC business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Consulting Services: Engagement with seasoned practitioners for compliance, strategy, operations, capital markets, registration, finance, and expert witness services. Revenue is generated through project-based consulting engagements with fee structures based on scope and duration.
- Outsourcing Services: Recurring retainer engagements for outsourced CCO (Chief Compliance Officer), FINOP (Financial and Operations Principal), and trading supervision services. Provides ongoing compliance support with monthly or annual billing arrangements.
- Oyster Solutions Software Subscriptions: SaaS-based GRC software platform with multiple modules (CAT, CAIS, Govern, Planner, Monitor, Analyze). Delivered as cloud-based subscriptions with security as shared responsibility among AWS, Oyster Solutions and customers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom consulting engagements priced based on scope and complexity |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels5 records
Oyster Consulting, LLC product offering
Product offeringCore offering
Oyster Consulting provides professional consulting, outsourcing, and compliance services to broker-dealers, registered investment advisors (RIAs), and exchanges in the wealth management industry. The firm also sells Oyster Solutions, a cloud-based Governance, Risk and Compliance (GRC) software platform built on AWS that integrates CAT/CAIS reporting, trade surveillance, governance, workflow planning, and analytics. Services span strategy, operations, capital markets, registration, finance, expert witness, outsourced CCO/FINOP, and compliance testing.
Product overview
Oyster Consulting offers Oyster Solutions, a comprehensive GRC (Governance, Risk, and Compliance) software platform for financial services firms. The platform-plus-modules architecture consists of five core modules: Govern (Protect), Planner (Focus), Monitor (Mobilize), Fund Analyzer (Analyze), and the CAT Reporting Module. These modules integrate trade reporting, compliance monitoring, policy and procedures management, documentation, and testing into one cohesive platform. Alongside the software platform, Oyster provides consulting services (strategy, operations, capital markets, registration, finance, expert witness), outsourcing services (Outsourced CCO, Outsourced FINOP, Trading Supervision), and compliance testing services for broker-dealers and investment advisors.
Differentiator
Problem solved
Functional benefit
Brands
- Oyster Solutions: Governance, Risk and Compliance (GRC) software platform for financial services firms, including modules for CAT/CAIS reporting, trade surveillance, governance, and compliance management.
Products and services
- Oyster Solutions A comprehensive GRC software platform for financial services firms that integrates trade reporting, compliance monitoring, policy and procedures management, documentation, and testing into one centralized system. Includes modules for CAT/CAIS reporting, governance, planning, trade surveillance, and fund analysis.
- Consulting Services Expert consulting services covering strategy, operations, capital markets, registration, finance, and expert witness services for broker-dealers and investment advisors.
- Outsourcing Services Outsourced compliance functions including Outsourced Chief Compliance Officer (CCO), Outsourced FINOP, Trading Supervision, and Consolidated Audit Trail support for broker-dealers and RIAs.
- Compliance Testing Services Independent testing and assurance services for broker-dealers and RIAs including supervisory controls testing (Rules 3120/3130), AML annual testing, branch exams, and annual compliance reviews.
- Outsourced FINOP Services Outsourced Financial and Operations Principal services providing regulatory compliance, net capital reporting, FOCUS filings, and financial audit support for broker-dealers.
- Trading Supervision Services Outsourced trading supervision services including supervisory oversight, exception report reviews, and compliance with FINRA Rule 3110 and 3120.
Quantifiable outcome
- Independent compliance testing identifies gaps and compliance deficiencies that internal teams may overlook
- +2 more outcomes
Companies that use Oyster Consulting, LLC
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles4 records
Oyster Consulting, LLC technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Oyster Consulting, LLC partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and flagship.
- Morgan Lewis & Bockius LLPcoreOyster Consulting partnered with Morgan Lewis to produce a special podcast series on AI implementation in financial services. The partnership brings together compliance and technology expertise from Oyster with legal and regulatory expertise from Morgan Lewis. The CRC-Oyster team works with Morgan Lewis to provide financial services firms with guidance on AI strategies, governance frameworks, and compliance requirements.
- Compliance Risk Concepts (CRC)flagshipCompliance Risk Concepts acquired Oyster Consulting in July 2025, creating a combined entity called CRC-Oyster. The acquisition doubles CRC's size and brings together complementary risk and compliance capabilities for financial services clients. Full integration of the two firms is expected by year-end 2025. Financial terms remain undisclosed. CRC previously received a growth investment from MidOcean Partners in January 2024 specifically to support expansion initiatives.
Scale indicators1 record
Recent moves4 records
Expansion highlights4 records
Oyster Consulting, LLC competitors and assessment
Company assessmentEmerging players
- RegEd: RegEd provides compliance, education, and registration software for financial services firms and owns ComplySci; together they form a credible pure-play RegTech competitor to Oyster Solutions across trade surveillance and compliance management.
- ComplySci (a RegEd company): ComplySci is a SaaS-based compliance and GRC platform for financial services firms offering personal trading monitoring, code of ethics administration, and trade surveillance — overlapping directly with Oyster Solutions' Monitor and Governance modules.
- StarCompliance: StarCompliance is an employee compliance and GRC software platform for financial services with conflict-of-interest surveillance and trade monitoring — an emerging RegTech peer overlapping with Oyster Solutions' Monitor module and broader GRC vision.
Direct peers
- Compliance Risk Concepts (CRC): CRC is the parent of Oyster post-acquisition and operates as the combined CRC-Oyster entity; CRC is the most directly comparable peer in financial services risk and compliance advisory, serving the same broker-dealer and RIA customer base with overlapping service offerings.
- National Regulatory Services (NRS): NRS provides regulatory compliance consulting, education, and licensing services for broker-dealers and investment advisers — directly comparable to Oyster's consulting, registration, and training services for the wealth management industry.
- Cipperman Compliance Services: Cipperman is a specialized compliance consulting firm focused on investment advisers and hedge funds, providing outsourced CCO services and compliance program reviews — a focused direct peer to Oyster's RIA consulting and outsourced CCO business.
- ACA Compliance Group: ACA is the closest direct competitor to Oyster, offering a combined suite of compliance consulting, outsourced CCO services, and RegTech technology for broker-dealers, investment advisers, and hedge funds — directly mirroring Oyster's three-pillar consulting + outsourcing + software model.
Broad incumbents
- Kroll: Kroll's Financial Services Advisory practice provides governance, risk, and compliance consulting to broker-dealers, asset managers, and other financial institutions — a broader incumbent competitor with overlapping services but a much wider portfolio than Oyster.
- Protiviti: Protiviti is a global consulting firm with a deep risk and compliance practice serving financial services clients, including regulatory compliance advisory and internal audit — a broad incumbent that competes for larger engagements against Oyster's specialized offering.
- Deloitte Risk & Financial Advisory: Deloitte's Risk & Financial Advisory practice provides regulatory and compliance consulting for broker-dealers, investment advisers, and other financial institutions — a top-tier incumbent competitor with much greater scale and global reach than Oyster.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Oyster Consulting, LLC social profiles
Digital presenceOyster Consulting, LLC financial estimates
Financial estimateRevenue estimate
Valuation estimate
Oyster Consulting, LLC leadership team
Management profileNumber of profiles
Profiles4 records
Oyster Consulting, LLC funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Oyster Consulting, LLC M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Oyster Consulting, LLC
What does Oyster Consulting, LLC do?
Oyster Consulting provides professional consulting, outsourcing, and compliance services to broker-dealers, registered investment advisors (RIAs), and exchanges in the wealth management industry. The firm also sells Oyster Solutions, a cloud-based Governance, Risk and Compliance (GRC) software platform built on AWS that integrates CAT/CAIS reporting, trade surveillance, governance, workflow planning, and analytics. Services span strategy, operations, capital markets, registration, finance, expert witness, outsourced CCO/FINOP, and compliance testing.
Is Oyster Consulting, LLC a public or private company?
Oyster Consulting, LLC is a private company. It is classified as corporate owned and is currently acquired.
When was Oyster Consulting, LLC founded?
Oyster Consulting, LLC was founded in 2008. It employs 51 to 100 people.
Where is Oyster Consulting, LLC based?
Oyster Consulting, LLC is headquartered in Glen Allen, United States, in the North America region.
How does Oyster Consulting, LLC make money?
Three revenue lines are on record. Consulting Services are the primary driver. The others are outsourcing Services and oyster Solutions Software Subscriptions.
Who are Oyster Consulting, LLC's main competitors?
Emerging players on record are RegEd, ComplySci (a RegEd company) and StarCompliance. Direct peers are Compliance Risk Concepts (CRC), National Regulatory Services (NRS), Cipperman Compliance Services and ACA Compliance Group. Broad incumbents are Kroll, Protiviti and Deloitte Risk & Financial Advisory.
Does Oyster Consulting, LLC have an API?
No public API is recorded for Oyster Consulting, LLC.
What industry is Oyster Consulting, LLC in?
Oyster Consulting, LLC's product category is Financial Services Compliance Consulting. Its primary akta.pro industry code is BPAHAFAO, Compliance Technology, GRC Platforms & Controls Automation Advisory, with a secondary code of BPAHACAJ, Risk, Compliance & Internal Controls Consulting. Its NAICS code is 54161 and its SIC code is 8742.