The 2026 Investment Management Compliance Testing Report benchmarks how SEC-registered investment advisers are staffing, funding, and prioritizing compliance testing. It examines how firms are responding to AI governance, Regulation S-P readiness, third-party risk oversight, and resource constraints.
Investment advisers face growing demands across compliance testing, data privacy, third-party oversight, and AI governance.
As responsibilities expand and resources remain limited, firms need reliable benchmarks to assess their programs, identify gaps, and focus investment where it will have the greatest impact.
This year’s survey gives CCOs and senior compliance professionals at SEC-registered investment advisers the insights they need to:
- Benchmark compliance testing budgets and staffing
- Assess how firms are addressing AI, Regulation S-P, and third-party risk
- Identify the areas attracting the most testing attention
- Apply practical strategies to improve efficiency and strengthen exam readiness
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