What Compass CFO Solutions does

Compass CFO Solutions LLC is a privately held, founder-led professional services firm founded in 2018 and headquartered in Freehold, New Jersey, with the founder/CEO Matt Hayon based in New York City. The firm provides outsourced CFO and accounting services exclusively to Registered Investment Advisor (RIA) and wealth management firms in the United States, operating from a 1-10 person team under a single-product, eight-module service portfolio.

The service portfolio is delivered rather than built: rather than any proprietary technology platform or API surface, Compass offers an integrated suite of eight financial and accounting service modules — Budgeting & Forecasting, Payroll Services, Controller Services, Expense Management, Financial Records, Bill Payments, Account Reconciliation, and Tax Filings — staffed by the firm's professionals. Documented use cases include scaling advisory firms, supporting wirehouse-to-independent RIA transitions, and remediating SEC audit documentation deficiencies for RIAs. There are no disclosed patents, certifications, integrations, or technology partnerships.

The business model is a B2B, sales-led, direct-engagement consultancy generating recurring professional-services revenue from ongoing outsourced CFO engagements with mid-market RIA and wealth management clients. Pricing is quote-based and not publicly disclosed. Distribution is purely domestic and direct: a single direct B2B sales channel supported by content marketing (case studies, an Updates blog) and organic social presence across LinkedIn, Twitter/X, Facebook, Instagram, and Pinterest. The firm has no external funding, no subsidiaries, no M&A activity, and no parent company.

Name

Compass CFO Solutions

Legal name

Compass CFO Solutions LLC

Website

https://compasscfosolutions.com/

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Compass CFO Solutions provides outsourced CFO and accounting services—including budgeting, payroll, controller, expense management, financial records, bill payments, reconciliation, and tax filings—to mid-market Registered Investment Advisor and wealth management firms in the United States.

Ownership category

akta.pro rank

Product category

Outsourced CFO & Accounting Services for Wealth Management

NAICS

Offices of Certified Public Accountants (541211), Management Consulting Services (54161)

SIC

Services-Management Consulting Services (8742), Finance Services (6199)

akta.pro primary industry

Outsourced Finance & CFO Services (BPAHABAE)

akta.pro secondary industry

Financial Reporting & Technical Accounting Advisory (GAAP/IFRS) (BPAHABAF)

Keywords

• Outsourced CFO services
• Wealth management accounting
• RIA financial management
• Bookkeeping for advisors
• Fractional CFO support

Headquarters

HQ city

Freehold

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Outsourced CFO Services: Recurring professional services revenue from providing CFO-level financial and accounting services to RIA and wealth management firms on an ongoing basis. Services include budgeting, forecasting, payroll, controller services, expense management, financial records, bill payments, reconciliation, and tax filings.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

Core offering

Compass CFO Solutions provides ongoing outsourced CFO and accounting services exclusively to Registered Investment Advisors (RIAs) and wealth management firms in the United States. Its delivery covers eight service lines—budgeting and forecasting, payroll, controller services, expense management, financial records, bill payments, account reconciliation, and tax filings—delivered as a tailored, recurring engagement rather than discrete software products. The firm complements clients' internal finance staff and supports events such as wirehouse-to-independent RIA transitions and SEC audit responses.

Product overview

Compass CFO Solutions is a service-based firm offering outsourced CFO and accounting solutions exclusively for the RIA and wealth management industry. Rather than a software platform, the offering consists of eight integrated financial and accounting service modules: Budgeting and Forecasting, Payroll Services, Controller Services, Expense Management, Financial Records, Bill Payments, Account Reconciliation, and Tax Filings. These services are delivered by a team of financial experts and are designed to complement the internal resources of wealth management firms, providing comprehensive back-office financial support that enables firm principals to focus on client-facing activities and business growth.

Differentiator

Problem solved

Functional benefit

Products and services

• Budgeting and Forecasting Comprehensive budgeting and forecasting services tailored for RIA and wealth management firms to support strategic planning and financial decision-making, delivered as an outsourced CFO service by the Compass team.
• Payroll Services Outsourced payroll processing and management services designed for wealth management firms to ensure accurate and compliant employee compensation, delivered by the Compass team as part of its outsourced CFO offering.
• Controller Services Professional controller-level oversight providing financial statement preparation, internal controls, and accounting supervision for RIA firms, delivered by Compass as part of its outsourced CFO services.
• Expense Management Systematic tracking, categorization, and management of business expenses to optimize cost efficiency for wealth management firms, delivered by Compass as part of its outsourced CFO services.
• Financial Records Maintenance and organization of comprehensive financial records and documentation required for RIA regulatory compliance, delivered by Compass as part of its outsourced CFO services.
• Bill Payments Accounts payable management and bill payment processing services for wealth management firms, delivered by Compass as part of its outsourced CFO services.
• Account Reconciliation Regular reconciliation of financial accounts to ensure accuracy of records and streamlined month-end and year-end closing processes for wealth management firms, delivered by Compass as part of its outsourced CFO services.
• Tax Filings Preparation and filing of tax documents ensuring compliance with federal, state, and local tax requirements for RIA and wealth management firms, delivered by Compass as part of its outsourced CFO services.

Named customers3 records

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves3 records

Expansion highlights1 record

Direct peers

• tru Independence: Provides outsourced CFO, back-office, and transition support services specifically to breakaway advisors and independent RIAs. Closely comparable to Compass in vertical, service mix, and target customer segment.

Broad incumbents

• Carson Group: Large RIA support platform with in-house back-office, CFO-style, and consulting services for affiliated advisory firms. Overlaps with Compass's outsourced CFO offering but bundled into a broader wealth-management ecosystem.
• Focus Financial Partners: RIA rollup providing centralized finance, accounting, and operational support to partner firms. Competes with Compass for outsourced CFO work but operates at much larger scale across many affiliated RIAs.
• Stratos Wealth Partners: Wealth management platform offering back-office and operational support to independent advisor firms. Comparable target market to Compass, with broader services and larger scale.
• Mariner Wealth Advisors: National RIA providing comprehensive wealth management, tax, and CFO-style advisory services. Serves a similar HNW client base but with significantly broader capabilities than Compass's outsourced CFO offering.
• BDO USA Wealth Management Practice: Top-tier accounting and advisory firm with a dedicated wealth management group serving RIAs and family offices. Competes with Compass on outsourced CFO and tax services, but with broader scale and audit capabilities.
• Sequoia Financial Group: Wealth advisory and RIA support firm offering financial planning, investment management, and back-office services. Comparable target market and outsourced service positioning to Compass, with a much larger footprint.

Emerging players

• RIA in a Box: Provides compliance and operational infrastructure to RIAs, including books-and-records and policy support. Adjacent to Compass in serving the RIA back-office needs, with more compliance-software orientation.
• Smartria: Compliance and oversight platform purpose-built for RIAs. Overlaps with Compass's SEC-compliance and books-and-records work but delivered via SaaS rather than outsourced services.

Others

• Orion: Wealthtech platform providing portfolio accounting, reporting, and operational tools to RIAs. While technology-led rather than outsourced services, Orion competes for the same back-office wallet share as Compass.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/compasscfo
• Facebookfacebook.com/CompassCFOSolutions
• LinkedInlinkedin.com/company/compasscfosolutions
• Instagraminstagram.com/compasscfo
• Pinterestpinterest.com/matthayon

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Compass CFO Solutions