Cerulean Securities Compliance

What Cerulean Securities Compliance does

Cerulean Securities Compliance, LLC is a privately-held, boutique consulting firm founded in 2008 and headquartered in Platte City, Missouri. The firm delivers customized regulatory compliance and operations advisory services to broker-dealers regulated by FINRA and to investment advisers registered with the SEC or state regulators. Its service portfolio spans the full compliance lifecycle, including new membership applications, supervisory control testing, written supervisory procedures, independent AML testing conducted by CAMS-certified specialists, RIA annual reviews under Rule 206(4)-7, Form ADV and Form PF filings, mock audits, examination preparation, regulatory inquiry response, and operational infrastructure analysis. The firm explicitly positions itself around tailored solutions for individual client circumstances rather than standardized offerings.

The company operates as a pure professional services consultancy with no proprietary technology platform, software product, or API surface. All engagements are customized and priced through direct consultation rather than standardized rate cards. Service categories include Broker-Dealer Compliance Services, Investment Adviser Compliance Services, Independent AML Testing, and Operations Consulting. The go-to-market motion is sales-led and direct, relying on the firm's website, LinkedIn page, Twitter handle, and referral-driven engagement rather than channel partners, resellers, or marketplace distribution.

Cerulean is led by President Kimberly McEnaney, CAMS, who brings over 20 years of compliance and operations experience across institutional and retail investment advisers, retail and institutional broker-dealers, investment banking broker-dealers, and an ATS/National Exchange. The firm maintains a US-only footprint with a headcount of 1-10 employees and has operated continuously since founding without external funding, acquisitions, parent companies, or subsidiary structures. The only disclosed external collaboration is a content partnership with RIA Compliance Collective on a podcast covering the FINRA New Membership Application process.

Name

Cerulean Securities Compliance

Legal name

Cerulean Securities Compliance, LLC

Website

https://ceruleancompliance.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

1–10 employees

Short description

Cerulean Securities Compliance, LLC is a boutique U.S. consulting firm providing customized regulatory compliance and operations advisory services to FINRA-regulated broker-dealers and SEC/state-registered investment advisers. Founded in 2008, the firm delivers engagements directly without a technology platform under President Kimberly McEnaney, CAMS.

Ownership category

akta.pro rank

Product category

Securities Compliance Consulting

NAICS

Other Scientific and Technical Consulting Services (54169)

akta.pro primary industry

Regulatory Compliance Advisory (BPAHAFAB)

akta.pro secondary industry

Financial Services & Insurance (FINRA, CFP, IAR, Insurance CE) (EDAAALAJ)

Keywords

• Securities compliance consulting
• AML testing services
• Investment adviser registration
• Broker-dealer compliance
• FINRA membership application

Headquarters

HQ city

Platte City

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Compliance & Operations Consulting Services: Project-based and ongoing consulting engagements providing customized compliance and operations solutions to financial services industry clients. Services include regulatory compliance advisory, independent testing (AML), registration assistance, policy documentation, training, and operational analysis. Revenue derived from professional service fees for customized advice, ongoing assistance, process documentation, training, and testing services.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Cerulean Securities Compliance, LLC is a full-service compliance and operations consulting firm providing customized advice, ongoing assistance, process documentation, training, and testing services to broker-dealers and SEC/state-registered investment advisers. Core offerings include Independent AML Testing by CAMS-certified specialists, RIA Annual Review under Rule 206(4)-7, Investment Advisor Registration, FINRA New Membership Application assistance, Operations Consulting, and Form PF Filings. All deliverables are tailored to each client's particular facts and circumstances rather than delivered as a standardized product or platform.

Product overview

Cerulean Securities Compliance is a full-service compliance and operations consulting firm, not a software product company. The company offers a portfolio of consulting services organized into four main service categories: (1) Broker-Dealer Compliance Services including supervisory control testing, AML testing, written procedures, mock audits, and examination preparation; (2) Investment Adviser Compliance Services including SEC/state registration, annual reviews, Form ADV filings, and Form PF filings; (3) Independent AML Testing conducted by CAMS-certified specialists; and (4) Operations Consulting for analyzing and organizing operational infrastructure. Key named offerings include RIA Annual Review, Investment Advisor Registration, FINRA New Membership Application, and Form PF Filings services. All services are customized to individual client circumstances and delivered through consulting engagements rather than a software platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Independent AML Testing Independent anti-money laundering testing service that helps broker-dealers detect and address weaknesses in their AML compliance program, conducted by Certified Anti-Money Laundering Specialists (CAMS).
• RIA Annual Review Annual review service ensuring registered investment advisers comply with Rule 206(4)-7 of the Investment Advisers Act, including assessment of policies, procedures, and regulatory changes.
• Investment Advisor Registration Comprehensive registration services guiding investment advisers through SEC or state registration processes, including Form ADV filings, disclosure documents, and compliance manual preparation.
• FINRA New Membership Application Assistance with the FINRA New Membership Application (NMA) process, guiding firms through the 180-day application procedure for broker-dealer approval.
• Operations Consulting Operational infrastructure analysis and organization services aimed at achieving performance improvement and organizational efficiencies across functional areas including finance, IT, compliance, and business continuity.
• Form PF Filings Form PF filing services for SEC-registered investment advisers managing private funds with at least $150 million in private fund assets under management, including quarterly and annual filings through the Private Fund Reporting Depository.
• Broker-Dealer Compliance Services Comprehensive compliance services for broker-dealers including supervisory control testing, written supervisory procedures, annual compliance meetings, AML testing, advertising review, mock audits, branch audits, cybersecurity policies, and regulatory examination assistance.
• Investment Adviser Compliance Services Compliance services for SEC and state-registered investment advisers including annual reviews, mock examinations, Form ADV filings, code of ethics development, risk assessments, and ongoing compliance support.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• RIA Compliance CollectiveminorGTM or Marketing PartnerCollaboration on podcast content regarding FINRA New Membership Application (NMA) process. Published jointly on Apple Podcasts. Relationship appears to be content co-creation/marketing collaboration rather than formal business partnership.

Scale indicators1 record

Recent moves4 records

Expansion highlights3 records

Broad incumbents

• NAVEX Global: Large-scale governance, risk, and compliance (GRC) platform serving financial services and other regulated industries — competes with Cerulean in overlapping GRC advisory and policy work at a much broader scale.
• Wolters Kluwer Compliance Solutions: Global compliance and regulatory software provider serving broker-dealers, RIAs, and banks with tools for AML, monitoring, and regulatory reporting — competes with broader platforms rather than Cerulean's boutique services.

Emerging players

• RIA in a Box: Compliance software and consulting platform for RIAs that automates WSPs, compliance manuals, and annual reviews — comparable buyer and offering overlap, representing a software-driven alternative to Cerulean's services.
• ComplySci: RegTech platform providing compliance workflow, code of ethics, personal trading monitoring, and analytics for investment advisers and broker-dealers — directly adjacent to Cerulean's manual compliance services and a substitution threat.
• RIA Compliance Collective: Community and content platform for RIA compliance professionals that produces educational content and has collaborated with Cerulean on FINRA NMA podcasts; an adjacent ecosystem player addressing the same compliance buyer.

Direct peers

• ACA Compliance Group: One of the largest dedicated financial-services compliance consulting firms, serving broker-dealers, investment advisers, private funds, and wealth managers with advisory, testing, and managed services — directly comparable to Cerulean's BD/RIA compliance focus.
• Cipperman & Company: Boutique compliance consulting firm specializing in investment adviser compliance, mock SEC exams, and ongoing compliance support — comparable to Cerulean's RIA annual review and operational consulting practice.
• National Regulatory Services (NRS): Long-standing compliance and registration services firm for broker-dealers and investment advisers, offering registration, consulting, and training — closely aligned with Cerulean's FINRA NMA and RIA registration offerings.
• Core Compliance & Legal Services: Compliance consulting and legal services firm for investment advisers and broker-dealers, providing mock audits, registration, and ongoing compliance support — directly overlapping with Cerulean's core service suite.
• Advisor Compliance Group: Boutique compliance consulting firm focused on investment advisers, offering CCO outsourcing, annual reviews, and mock exams — a direct head-to-head competitor in the small-to-mid RIA compliance segment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/ceruleancomp
• LinkedInlinkedin.com/company/ceruleancompliance.com

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 Cerulean Securities Compliance