Q So for people that are not familiar with like this space, right? They might understand how difficult, like the compliance stuff is. Give me an example of like what makes this difficult for people to do by themselves? Why do they need you?
A Sure. So if you're a financial advisor, you know, you probably love the markets. You love investing. You love dealing with your clients, but you probably don't really know how to do is file something with the SEC or, you Ensure that you're following a compliance sort of operations and documenting how you do that. And again, at bigger institutions, there's, there's usually a domain expert. There's the chief compliance officer. There's a whole team of people that kind of shove papers in your face and make sure that you're doing what you're supposed to be doing. But when you're off on your own, or you're in a small or mid-sized operation, or even really a large firm of multiple dozens of employees, it's probably the case that you're not going to have that expertise in house. So When it comes time to update your, your regulatory filings to make sure that you have the proper stuff filed with the various jurisdictions in which you're in, or again, that each person at the firm is following their statutory requirements to do various attestations or a lot of their ongoing obligations. Uh, our, our tools and resources provide people that, that sort of built in expertise and capacity to do that, that, you know, otherwise it's probably not core to what they'd be doing on a daily basis.
AI assessment note: “what you probably don't really know how to do is file something with the SEC”